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$279,000

NAL Estimated Property Value

411 W 7th St Apt 205, Fort Worth, TX, 76102

$289,310 ARVInfo
Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,149 Sq Ft
price_per_sqft$265.36 / sqft
Year BuiltBuilt in 1921

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool

Building Information

Year Built1921

Land Information

APN27942C------205
Lot Number205
SubdivisionNeil P At Burnett Park Condo
Land UseResidential
Legal DescriptionNEIL P AT BURNETT PARK CONDO LOT 205 .014462% OF COMMON AREA PER PLAT C26-136
Census Tract123302
Assessed Land Value$40,000
Assessed Improvement Value$214,000
Assessment Year2025

About this property

Experience the allure of historic downtown Fort Worth with this charming 1 bdrm - 1.5 bath condo in the iconic Neil P Building. Overlooking the scenic Burnett Park and vibrant 7th Street, this residence boasts exquisite wood flooring throughout and a sophisticated open-concept design. The modern kitchen offers ample granite countertops, a breakfast bar, rich wood cabinetry, and stainless-steel appliances. A convenient utility closet provides ample space for a full-size washer and dryer. The spacious master suite features a deep soaking tub, a separate tiled shower, and a generous walk-in closet. The Neil P Building, originally the Cotton Exchange built in 1921, is just a few blocks from the lively Sundance Plaza as well as shops and restaurants. Residents can enjoy the unique and charming common areas which includes a beautiful Owner's Lounge, a pool and spa, outdoor kitchen, fountain, and relaxing sitting areas. Don't miss this opportunity to live downtown in this historic gem!

Investor Tools

Property Icon
$279,000
Estimated Property Value
$0Estimated Mortgage Balance
$279,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$289,310
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,829 /month
Positive
Cash Flow Estimate:
$610 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$379/month
$804/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,155
$254,000
2025
$40,000
$214,000
$254,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,155
$254,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$279,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$804/mo
+$786/mo
6.8%

City: Fort Worth

411 W 7th St Apt 205 | Property Details | No Agent List