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$328,000

NAL Estimated Property Value

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

$410,556 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,359 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$103.9 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesCovered Courtyard, Private Entrance, Private Yard, Storage
Lot Size14,597 sqft

Building Information

Year Built1972
Stories1
Garage Spaces2

Land Information

APN46550-7-87
Lot Number87
SubdivisionWhite Lake Hills Addition
Land UseResidential
Legal DescriptionWHITE LAKE HILLS ADDITION BLOCK 7 LOT 87
Census Tract106507
Assessed Land Value$60,000
Assessed Improvement Value$256,338
Assessment Year2025

About this property

Welcome to your canvas for creativity! This spacious abode presents a rare opportunity in North Texas with its generous layout and mature trees featuring 4 bedrooms, 3 bathrooms, a 2-car garage (with a workshop-workbench), and an additional 4-car carport, ensuring ample space for vehicles and storage needs. As you step inside, envision the potential awaiting within these walls. The expansive backyard beckons with a covered patio-sunroom, ideal for hosting gatherings or simply basking in the tranquil outdoor ambiance. Adding to the allure, a circular driveway enhances curb appeal and offers convenience, setting the stage for a warm welcome to guests. While this home may boast a touch of nostalgia with its outdated charm, it eagerly awaits your personal touch and modern updates to bring it into the 21st century. Whether you envision sleek contemporary finishes or embrace the character of timeless design elements, the possibilities are endless.

Investor Tools

Property Icon
$328,000
Estimated Property Value
$533,022Estimated Mortgage Balance
$328,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$410,556
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$473/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,034
$316,338
2025
$60,000
$256,338
$316,338
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,034
$316,338

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Unknown
$276,000
No
First
Jun 12, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$533,022
N/A
0%
163%
$3,310/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$3,310/mo
$-1,383/mo
7.0%

City: Fort Worth

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