$483,000
NAL Estimated Property Value3732 Modlin Ave, Fort Worth, TX, 76107
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Gas Water Heater
FlooringCeramic Tile, Wood
Exterior
Lot Size6,247 sqft
Building Information
Year Built1932
Stories1
Garage Spaces1
Land Information
APN45850-2-3
Lot Number3
SubdivisionWest Highland
Land UseResidential
Legal DescriptionWEST HIGHLAND BLOCK 2 LOT 3
Census Tract102700
Assessed Land Value$187,500
Assessed Improvement Value$147,297
Assessment Year2025
About this property
Stunning remodel near Fort Worth's Cultural District and W7th. Located one block from UNT health science center. This 2bed 2bath offers an open floor plan, modern design throughout. Stainless steel appliances, farmhouse sink, and large island with gas cooktop. Plenty of cabinet and countertop space. Beautiful, large windows allows for abundant natural light. Spacious bedrooms with refinished hardwood floors. Room at the front of the house can be used as office, sunroom, game room, or other. Laundry room is located in detached 1 car garage.
Investor Tools
$483,000
Estimated Property Value
$119,455Estimated Mortgage Balance
$363,545Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,898 /month
Positive
Cash Flow Estimate:
$966 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$952/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,006
$334,797
2025
$187,500
$147,297
$334,797
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,006
$334,797
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ascent Home Lending Llc
Conventional
$150,000
No
First
Sep 21, 2016
Oct 2046
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$119,455
$363,545
75%
25%
$900/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$900/mo
+$1,120/mo
5.0%
