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$348,372

NAL Estimated Property Value

3823 Pershing Ave, Fort Worth, TX, 76107

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths914 Sq Ft
price_per_sqft$235.12 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Gas Range, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size5,998 sqft

Building Information

Year Built1940
Stories1
Garage Spaces1

Land Information

APN13410-58-15
Lot Number15
SubdivisionFactory Place Addition
Land UseResidential
Legal DescriptionFACTORY PLACE ADDITION BLOCK 58 LOT 15
Census Tract102700
Assessed Land Value$150,000
Assessed Improvement Value$198,372
Assessment Year2025

About this property

Classic Craftsman Bungalow in the heart of Arlington Heights. Close to the Cultural District, Downtown, popular W 7th St and the new Dickies Arena! Hardwoods under the carpet and perfect layout for 1st time homebuyer or empty nester! This beauty is ready for her second act! Spacious backyard with gardens and patio and 1 car garage with electric door opener and extra storage!

Investor Tools

Property Icon
$348,372
Estimated Property Value
$178,997Estimated Mortgage Balance
$169,375Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,090 /month
Positive
Cash Flow Estimate:
$697 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$646/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,010
$348,372
2025
$150,000
$198,372
$348,372
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,010
$348,372

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$208,453
No
First
Apr 23, 2019
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,997
$169,375
48%
51%
$1,250/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$1,250/mo
+$280/mo
5.3%

Learn About the Market: Opportunity in Fort Worth

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

11.9% since 2020

Net Migration

Net Migration

Strong Positive Migration

Median Home Price

Median Home Price

$299,655

Unemployment Rate

Unemployment Rate

3.7%

Price Trend

Price Trend

-2.5% YoY

New Permits

New Permits

158K

City: Fort Worth

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3823 Pershing Ave | Property Details | No Agent List