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B+
NoAgentList RatingHow are grades calculated? Info

$416,000

4113 Locke Ave, Fort Worth, TX, 76107

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,312 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.34 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Range, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size6,247 sqft

Building Information

Year Built1975
Garage Spaces1

Land Information

APN45810-20-7
Lot Number7
SubdivisionWest Ft Worth Land Co
Land UseResidential
Legal DescriptionWEST FT WORTH LAND CO BLOCK 20 LOT 7
Census Tract102602
Assessed Land Value$55,000
Assessed Improvement Value$345,000
Assessment Year2025

About this property

With an ideal location in the Arlington Heights Community and a remodeled interior, this impressive two-story home is showcased by a spacious floor plan including a separate apartment area offering an easy INCOME opportunity or a dedicated work from home environment. With towering trees and charming curb appeal, the main home has three bedrooms, an executive study, a chef's kitchen, a spacious living and dining area, and a basement utility room with storage. Amenities include gracious wood-encased windows, granite, rich hardwoods, a modern fireplace, upgraded lighting, floating shelves and private balcony. The 1st level primary suite has a luxurious bathroom and closet area. The separate apartment presents a bedroom area, kitchen, living area, and utility-bath combo. Alfresco entertaining comes easy on the lovely backyard patio. The home is ideally located in close proximity to boutique shops and restaurants on Camp Bowie and a short drive to Dickies Arena and Will Rogers Coliseum.

Investor Tools

Property Icon
$416,000
Estimated Property Value
$380,000Estimated Mortgage Balance
$45,560Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,496 /month
Positive
Cash Flow Estimate:
$832 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$953/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,357
$400,000
2025
$55,000
$345,000
$400,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,357
$400,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$380,000
No
First
Dec 6, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$370,440
$45,560
10%
89%
$2,279/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$2,279/mo
$-259/mo
5.8%

Learn About the Market: Opportunity in Texas

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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.

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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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