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$733,000

NAL Estimated Property Value

411 W 7th Street 1005, Fort Worth, TX, 76102

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,338 Sq Ft
price_per_sqft$352.87 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Built In Refrigerator, Dishwasher, Electric Oven, Electric Water Heater, Gas Cooktop, Disposal, Microwave, Plumbed For Gas
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony

Building Information

Year Built1921

Land Information

APN27942C-----1005
Lot Number1005
SubdivisionNeil P At Burnett Park Condo
Land UseResidential
Legal DescriptionNEIL P AT BURNETT PARK CONDO LOT 1005 .028346% OF COMMON AREA PER PLAT C26-136
Census Tract123302
Assessed Land Value$40,000
Assessed Improvement Value$432,102
Assessment Year2025

About this property

This exceptional residence combines historic charm, refined updates and an unbeatable location in the heart of Fort Worth. Open spaces filled with light showcasing spectacular sunsets and city vistas. Residence #1005 in the historic Neil P. Anderson Building offers a rare blend of Fort Worth heritage and modern urban living, ideally positioned overlooking Burnett Park. Originally built in 1921 as the Cotton Exchange of Fort Worth, this iconic building now serves as one of downtown’s most distinctive residential addresses—where character and contemporary comfort meet. Spanning over 2,300 square feet, this expansive 2 Bedroom, 2.5 Bath condo features 12 ft ceilings, New Wood Flooring, Ceiling speakers connected to Nuvo Sound System in living area, crown mouldings throughout, split bedrooms, and anchored by a dramatic wall of original windows filling the space with natural light. A stunning kitchen renovation, highlighted by Taj Mahal quartzite countertops, Bosch appliances, a gas cooktop, walk in pantry & updated lighting. The Spacious Primary Suite is a corner location of the building with amazing views & natural light from windows along the front & side of the room, & Built in 30 Drawer Cabinet System. Both bathrooms have been fully transformed with designer finishes, including beautifully appointed showers & tub, along with distinctive glass lavatory sinks accented by elegant underlighting. A dedicated office space offers custom cabinetry, dual desk workstations, a full bookcase wall, complemented by rich emerald granite desktops. Just off the office, a spacious private patio with a retractable awning creates an inviting outdoor retreat—perfect for relaxing or entertaining. The building amenities include a pool deck, dining and outdoor living space, outdoor kitchen & lovely owners lounge. Walk just outside your door to great dining, entertainment and business centers & public transportation including Trinity Rail to DFW Airport . Texas History Meets Urban Living!

Investor Tools

Property Icon
$733,000
Estimated Property Value
$390,055Estimated Mortgage Balance
$342,945Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,950 /month
Positive
Cash Flow Estimate:
$1,650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,240/month
$1,821/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,209
$472,102
2025
$40,000
$432,102
$472,102
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,209
$472,102

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$431,250
No
First
May 27, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$390,055
$342,945
46%
53%
$2,586/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,880/mo
$4,407/mo
$-2,527/mo
3.1%

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 Street 1005 | Property Details | No Agent List