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$340,000

NAL Estimated Property Value

401 Lake Charles Ave N, Fort Worth, TX, 76103

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,775 Sq Ft
price_per_sqft$144.86 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Oven, Gas Water Heater
FlooringCarpet, Granite, Tile, Vinyl

Exterior

Lot Size19,772 sqft

Building Information

Year Built1975
Garage Spaces2

Land Information

APN46550-7-88R
Lot Number88R
SubdivisionWhite Lake Hills Addition
Land UseResidential
Legal DescriptionWHITE LAKE HILLS ADDITION BLOCK 7 LOT 88R
Census Tract106507
Assessed Land Value$60,000
Assessed Improvement Value$243,538
Assessment Year2025

About this property

Your dream home is waiting in the coveted White Lake Hills subdivision of Fort Worth. Perched atop a hill, this property provides privacy and picturesque views, offering a serene outdoor experience and ample space for entertaining guests. The home features a circular driveway, a double-door entry, and exquisite landscaping. Upon entering, you're welcomed by a grand foyer with granite floors and four pillars that frame the spacious living room. The large rooms further highlight the vastness of this home. A metal roof was installed in 2014, the HVAC system in 2018, and upgraded windows in the bedrooms, bathrooms, and closets in 2024. The carpets in both downstairs bedrooms were also replaced this year. Visit soon to witness the splendor of this home and make your offer.

Investor Tools

Property Icon
$340,000
Estimated Property Value
$275,563Estimated Mortgage Balance
$64,437Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,412 /month
Positive
Cash Flow Estimate:
$804 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$272/month
$25/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,563
$303,538
2025
$60,000
$243,538
$303,538
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,563
$303,538

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Va
$284,917
Yes
First
Jul 12, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$275,563
$64,437
18%
81%
$1,709/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,734/mo
+$193/mo
6.8%

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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401 Lake Charles Ave N | Property Details | No Agent List