$248,000
NAL Estimated Property Value411 W 7th St Apt 401, Fort Worth, TX, 76102
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Dryer, Gas Cooktop, Microwave, Refrigerator, Vented Exhaust Fan, Washer
FlooringCeramic Tile, Concrete
Exterior
Exterior FeaturesCourtyard, Gas Grill, Lighting, Outdoor Grill
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
$248,000
Estimated Property Value
$232,273Estimated Mortgage Balance
$15,727Estimated Equity
6% 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
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%
