$226,000
NAL Estimated Property Value4200 Fairfax Street, Fort Worth, TX, 76116
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Gas Range, Microwave, Vented Exhaust Fan
FlooringCeramic Tile, Wood
Exterior
Lot Size8,398 sqft
Building Information
Year Built1948
Stories1
Garage Spaces1
Land Information
APN34410-14-6
Lot Number6
SubdivisionRidglea West Addition
Land UseResidential
Legal DescriptionRIDGLEA WEST ADDITION BLOCK 14 LOT 6
Census Tract102302
Assessed Land Value$20,000
Assessed Improvement Value$203,499
Assessment Year2025
About this property
Nicely updated home close to 183 and 377. Floor plan has a large master that is split from the other two bedrooms. Updates completed April '19 include a new 30 yr roof, vinyl windows, restored original hardwood floors, granite countertops, shower tile surround, all plumbing fixtures and light fixtures, stainless appliances, back splash, sinks, cabinet and door hardware, paint inside and out, and much more! This home is a great value for the updates that it includes.
Investor Tools
$226,000
Estimated Property Value
$121,729Estimated Mortgage Balance
$104,271Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,356 /month
Positive
Cash Flow Estimate:
$452 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$360/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,188
$223,499
2025
$20,000
$203,499
$223,499
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,188
$223,499
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$141,135
No
First
Jun 3, 2019
Jul 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$121,729
$104,271
46%
54%
$847/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$847/mo
+$1,080/mo
10.2%
