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$308,095

NAL Estimated Property Value

3825 Memphis Ln, Fort Worth, TX, 76133

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,859 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.34 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,902 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN39555-7-1
Lot Number1
SubdivisionSouth Ridge Addition
Land UseResidential
Legal DescriptionSOUTH RIDGE ADDITION BLOCK 7 LOT 1
Census Tract105511
Assessed Land Value$35,000
Assessed Improvement Value$273,095
Assessment Year2025

About this property

BACK ON MARKET WITH A PRICE IMPROVEMENT!! Offer fell through! First Time Home Buyers - stop what you're doing and check out this CUTE home in southwest Fort Worth! This sweet little home has a NEW ROOF and tons of possibilities! With 4 bedrooms, 2 baths and a big kitchen, it's just what you're looking for. Walking into this home, the first things you will appreciate are the separate dining room and large family room with a wood burning, brick fireplace!, making those chilly winter nights a little cozier sitting on the hearth, enjoying the fire. You are going to love the size of the kitchen and the beautiful oak cabinets. There is plenty of room for a breakfast area and a freezer, or baker's rack or a lovely buffet. Let's move on to the FOUR LARGE BEDROOMS, each with brand new carpeting and fresh paint. The master has a wonderful updated shower and newer flooring. Master bath also sports his and hers closets and a linen closet. It needs some TLC but there is SO MUCH potential and if you're handy and enjoy DIY, this home is perfect for you. Home also has a brand new roof and new carpeting in the bedrooms and hallway.

Investor Tools

Property Icon
$308,095
Estimated Property Value
$218,311Estimated Mortgage Balance
$89,784Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,849 /month
Positive
Cash Flow Estimate:
$616 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$497/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,424
$308,095
2025
$35,000
$273,095
$308,095
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,424
$308,095

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Commercial
$223,250
No
First
Feb 20, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,311
$89,784
29%
71%
$1,339/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,510/mo
$1,339/mo
+$1,171/mo
9.8%

City: Fort Worth

3825 Memphis Ln | Property Details | No Agent List