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$229,000

NAL Estimated Property Value

4516 Rector Ave, Fort Worth, TX, 76133

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,707 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.74 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesStorage
Lot Size6,403 sqft

Building Information

Year Built1968
Stories1
Garage Spaces2

Land Information

APN47165-12-23A
Lot Number23A
SubdivisionWilshire Addition
Land UseResidential
Legal DescriptionWILSHIRE ADDITION BLOCK 12 LOT 23A
Census Tract105600
Assessed Land Value$35,000
Assessed Improvement Value$125,182
Assessment Year2025

About this property

Seller is offering a $10,000 concession for buyer to use for buying down rate, renovation, closing costs assistance.** This fully refreshed property is the perfect blank slate—ideal for homeowners or investors alike. With new carpet and fresh paint inside and out, plus a new roof and fence (2024), all the hard work has already been done. The HVAC system (2021) ensures year-round comfort. Inside, you’ll find a spacious living area with a wood-burning fireplace, new tiling, and gas starter, perfect for cozy evenings. The flexible layout includes three bedrooms plus an open office or flex space with built-in shelving. Every bedroom features ceiling fans, new carpet, and fresh paint. The primary suite offers comfort and convenience with dual closets, an updated ensuite bath featuring a pedestal sink, new shower insert, updated hardware, lighting, and fixtures. The secondary bath is equally refreshed with a tiled shower & tub combo, new fixtures, and built-in storage. The light and bright kitchen is a highlight, featuring newly stained wood backsplash and stainless steel appliances (dishwasher, oven, and disposal all replaced in 2024). The dining area shines with new carpet, paint, and modern lighting. A tiled utility closet with extra shelving and hang space adds functionality. Step outside to a new deck overlooking a backyard that includes a LARGE workshop with additional storage—ideal for projects or hobbies. With countless updates and thoughtful improvements, this property is truly move-in ready and a fantastic investment opportunity. Whether you’re looking for your next home or a high-potential rental, this one checks all the boxes.

Investor Tools

Property Icon
$229,000
Estimated Property Value
$230,726Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$395/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,594
$160,182
2025
$35,000
$125,182
$160,182
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,594
$160,182

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wr Starkey Mortgage Llp
Credit Line (Revolving) / Heloc
$64,000
No
First
Aug 7, 2003
Sep 2013

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,726
N/A
0%
101%
$1,635/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,635/mo
+$385/mo
10.6%

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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4516 Rector Ave | Property Details | No Agent List