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$248,000

411 W 7th St Apt 401, Fort Worth, TX, 76102

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths765 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$333.33 / sqft
Year BuiltBuilt in 1921

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Cooktop, Microwave, Refrigerator, Vented Exhaust Fan, Washer
FlooringCeramic Tile, Concrete

Exterior

Private PoolPrivate Pool
Exterior FeaturesCourtyard, Gas Grill, Lighting

Building Information

Year Built1921

Land Information

APN27942C------401
Lot Number401
SubdivisionNeil P At Burnett Park Condo
Land UseResidential
Legal DescriptionNEIL P AT BURNETT PARK CONDO LOT 401 .010863% OF COMMON AREA PER PLAT C26-136
Census Tract123302
Assessed Land Value$40,000
Assessed Improvement Value$163,150
Assessment Year2025

About this property

Wonderful 1 bedroom plan with hardwood floors, large living-dining area, large laundry - pantry, granite counters in kitchen and baths, feels very spacious, with large outdoor patio overlooking the Sanctuary. Storage unit in basement is included with unit.

Investor Tools

Property Icon
$248,000
Estimated Property Value
$240,562Estimated Mortgage Balance
$15,727Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$505/month
$535/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,823
$203,150
2025
$40,000
$163,150
$203,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,823
$203,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sente Mortgage Inc
Fha
$240,562
Yes
First
Jun 14, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,273
$15,727
6%
94%
$1,472/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$2,007/mo
$-417/mo
7.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Fort Worth

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411 W 7th St Apt 401 | Property Details | No Agent List