$246,000
NAL Estimated Property Value4520 Morris Court, Fort Worth, TX, 76103
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesBuilt-In Gas Range, Dishwasher, Plumbed For Ice Maker
FlooringCeramic Tile, Wood
Exterior
Lot Size9,479 sqft
Building Information
Year Built1959
Stories1
Garage Spaces2
Land Information
APN32280-3-15
Lot Number15
SubdivisionPetworth Addition
Land UseResidential
Legal DescriptionPETWORTH ADDITION BLOCK 3 LOT 15
Census Tract101402
Assessed Land Value$28,440
Assessed Improvement Value$184,560
Assessment Year2025
About this property
This 1950's home is filled with classic character and charm, sitting on a huge cul-de-sac lot with tons of trees and space to spread out. Home has been impeccably maintained and updated, while retaining its classic style. Beautiful tile and hardwood floors, cedar beams and updated kitchen. Stunning fireplace with surrounding built in cabinets highlight the open living room. Bonus space off of Kitchen could be used for a small home office, or sitting room. Convenient to I-30, shopping, entertainment and more!
Investor Tools
$246,000
Estimated Property Value
$170,106Estimated Mortgage Balance
$75,894Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,476 /month
Positive
Cash Flow Estimate:
$492 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$368/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,186
$213,000
2025
$28,440
$184,560
$213,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,186
$213,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Fha
$191,468
Yes
First
Aug 21, 2020
Sep 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,106
$75,894
30%
69%
$1,148/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,148/mo
+$779/mo
9.4%
