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Owner Contacts

$342,000

3808 Collinwood Ave, Fort Worth, TX, 76107

Off Market

2 Beds

1 Bath

990 Sq Ft

Single Family Residence

$1.97 / sqft

Built in 1948

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Oven, Microwave, Refrigerator

FlooringCeramic Tile, Hardwood, Wood

Exterior

Lot Size5,998 sqft

Building Information

Year Built1948

Stories1

Garage Spaces1

Land Information

APN33270-8-8

Lot Number8

SubdivisionQueensborough Addition

Land UseResidential

Legal DescriptionQUEENSBOROUGH ADDITION BLOCK 8 LOT 8

Census Tract102700

Assessed Land Value$150,000

Assessed Improvement Value$126,000

Assessment Year2025

About this property

Great location!! 3 blocks from the Dickies arena. Adorable home with a cute front porch in the heart of the cultural arts district! Lots of character. Beautiful hardwood floors throughout! 2 bedrooms and one bathroom with a good size living room with a separate dining room. Updated kitchen with custom cabinets from floor to ceiling, granite countertops and stainless oven & microwave. Fridge is provided. Tile floors in kitchen and bath. It has a utility closet for a full size, stackable washer dryer combo. One car garage, and a well shaded fenced backyard. Beautifully landscaped front yard with rose bushes. All applicants must have 650+ credit score, 3x rent amount in monthly income, 2 year rental history with no evictions or slow pays. No smoking. Pet restrictions. Agents, Please submit TREC app, and credit report. Please do not disturb tenants

Investor Tools

$342,000

Estimated Property Value

$48,000Estimated Mortgage Balance

$333,833Estimated Equity

86% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,052 /month

Positive

Cash Flow Estimate:

$684 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$698/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,664

$276,000

2025

$150,000

$126,000

$276,000

Tax History

Year

Tax Paid

Assessed Value

2024

$6,664

$276,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Scott E Sammons

N/A

$48,000

N/A

First

Jul 26, 1999

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$8,167

$333,833

97%

$288/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,530/mo

$288/mo

+$1,242/mo

5.4%

Learn About the Market: Opportunity in Fort Worth

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Fort Worth

Fort Worth has transformed into one of the fastest-growing large cities in America. Anchoring the western side of the Dallas–Fort Worth Metroplex, the city combines its historic cattle industry and western heritage with modern economic strength. Major employers include aerospace and defense firms, healthcare systems, transportation companies, and advanced manufacturers.

With over one million residents and continued population growth at one of the fastest rates among major U.S. cities, Fort Worth offers relatively affordable housing compared to many peer cities while maintaining the economic advantages of a major metropolitan area. From North Fort Worth growth corridors to established neighborhoods, the city attracts homebuyers, businesses, and new residents seeking opportunity and affordability.

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