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Owner Contacts

$267,000

NAL Estimated Property Value

3908 Wren Ave, Fort Worth, TX, 76133

Off Market

3 Beds

2 Bath

1,605 Sq Ft

Single Family Residence

$1.5 / sqft

Built in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator

FlooringVinyl

Exterior

Lot Size8,189 sqft

Building Information

Year Built1958

Stories1

Garage Spaces2

Land Information

APN45580-26-18R

Lot Number18R

SubdivisionWedgwood Addition

Land UseResidential

Legal DescriptionWEDGWOOD ADDITION BLOCK 26 LOT 18R

Census Tract105502

Assessed Land Value$40,000

Assessed Improvement Value$159,000

Assessment Year2025

About this property

Extensively renovated in 2023, this fantastic home is now available for lease! Boasting over $125,000 in renovation costs, this home is nowhere near your typical rental! New windows and doors, extensive insulation in exterior walls and attic, impact resistant roof, LED lighting, and new air conditioner keep your monthly utility bill low even in the Texas heat. The sleek design is enhanced by leathered granite countertops, all new cabinetry, neutral colors, updated bathrooms, and handsome wood-look flooring. The kitchen comes equipped with a butcher block island, farmhouse sink, bold chevron backsplash, and stainless steel appliances with the refrigerator included. Large private backyard gives room to play with views of scenic vegetation directly behind. Enjoy this low traffic street, in the beautiful Wedgwood neighborhood that’s known for its convenient location, charming character, and large mature trees. Perfect for those seeking a stylish, low maintenance home with affordable monthly utilities!

Investor Tools

$267,000

Estimated Property Value

$107,796Estimated Mortgage Balance

$159,204Estimated Equity

59% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,602 /month

Positive

Cash Flow Estimate:

$534 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$517/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,867

$199,000

2025

$40,000

$159,000

$199,000

Tax History

Year

Tax Paid

Assessed Value

2024

$4,867

$199,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Guaranteed Rate Inc

Conventional

$117,600

First

Dec 23, 2021

Jan 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$107,796

$159,204

59%

40%

$706/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,020/mo

$706/mo

+$1,314/mo

9.1%

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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