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B+
NoAgentList RatingHow are grades calculated? Info

$345,000

4139 Locke Ave, Fort Worth, TX, 76107

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,465 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.5 / sqft
Year BuiltBuilt in 1939

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size6,247 sqft

Building Information

Year Built1939
Stories1
Garage Spaces2

Land Information

APN45810-20-19
Lot Number19
SubdivisionWest Ft Worth Land Co
Land UseResidential
Legal DescriptionWEST FT WORTH LAND CO BLOCK 20 LOT 19
Census Tract102602
Assessed Land Value$55,000
Assessed Improvement Value$127,000
Assessment Year2025

About this property

Wonderful location! Corner lot in Arlington Heights, blocks from Central Market and easy access to I-30 and downtown. Beautiful hardwood floors throughout living, dining and 2 of the bedrooms. 3rd bedroom is carpeted. Kitchen is a great size with large pantry, granite, and stainless steel appliances. Nice layout with large formal dining. Kitchen has a small room that could be used as a breakfast area, office, or? Big yard with large covered back porch. Tankless water heater means you will never run out of hot water! 3rd bedroom is separate from the other part of the home, and has it's own bathroom with a stand in shower, it would make a great guest room, office, or a private bedroom. Yard is fenced, and has a large 2 car garage. Fridge not included. Must have 3x the rent as income, 650+ credit score and 2 year rental history. We require a copy of credit report to be submitted with application. References will be called. Guarantor or double deposit may negate some requirements.

Investor Tools

Property Icon
$345,000
Estimated Property Value
$0Estimated Mortgage Balance
$345,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$511/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,410
$182,000
2025
$55,000
$127,000
$182,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,410
$182,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$345,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
N/A
+$2,020/mo
7.0%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

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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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4139 Locke Ave | Property Details | No Agent List