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$575,000

411 W 7th St Apt 806, Fort Worth, TX, 76102

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,849 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$310.98 / sqft
Year BuiltBuilt in 1921

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringTile, Wood

Building Information

Year Built1921

Land Information

APN27942C------806
Lot Number806
SubdivisionNeil P At Burnett Park Condo
Land UseResidential
Legal DescriptionNEIL P AT BURNETT PARK CONDO LOT 806 .023437% OF COMMON AREA PER PLAT C26-136
Census Tract123302
Assessed Land Value$40,000
Assessed Improvement Value$503,956
Assessment Year2025

About this property

Skyline views from the historic Neil P. Building! This rare west corner unit has amazing views down 7th St. Watch the sunset while relaxing in this updated condo with gorgeous, flowing hardwoods and a modern open concept floorplan. The renovated kitchen includes oversized granite countertops, perfect for entertaining, tile backsplash, stainless steel appliances, and a generous pantry. The primary suite has views of the new Fort Worth City Hall, a large en-suite with great, walk-in shower, double sinks, and a large, spacious closet. The secondary suite, with great windows, also has an attached bathroom. Don’t miss the office nook and full-sized laundry room! The Neil P. has a beautiful lobby that includes Anderson Hall, a shared common space. The Sanctuary, located on the second floor, and the pool and spa, located on the third floor, offer residents a peaceful retreat without ever having to leave the property. Don’t miss the assigned parking on the 7th floor and extra storage space in the basement! This iconic building is the perfect mix of historic charm with modern convenience!

Investor Tools

$484,022Estimated Mortgage Balance
$90,978Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

Interested in this property?

Gwendolyn Harper

Briggs Freeman Sotheby's Int'l

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,075/month
$1,414/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,030
$543,956
2025
$40,000
$503,956
$543,956
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,030
$543,956

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Weatherford
Commercial
$518,500
No
First
Oct 28, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$484,022
$90,978
15%
84%
$3,109/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,880/mo
$4,523/mo
$-2,643/mo
3.9%

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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411 W 7th St Apt 806 | Property Details | No Agent List