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$181,000

NAL Estimated Property Value

4701 Penrose Avenue, Fort Worth, TX, 76116

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths958 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.14 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Gas Cooktop, Gas Oven, Microwave
FlooringCarpet, Laminate

Exterior

Lot Size6,177 sqft

Building Information

Year Built1949
Stories1
Garage Spaces1

Land Information

APN34410-26-1
Lot Number1
SubdivisionRidglea West Addition
Land UseResidential
Legal DescriptionRIDGLEA WEST ADDITION BLOCK 26 LOT 1
Census Tract102302
Assessed Land Value$20,000
Assessed Improvement Value$160,190
Assessment Year2025

About this property

Multiple offers Received, best and final by Saturday @ 6pm. It doesn't get any cuter than this! Three bedroom one bath on a corner lot convenient to most of anything in Ft. Worth. Just under 1000 square ft. but feels larger with the back enclosed space at includes laundry. Two storage buildings that stay with the home. Go see this one quickly!! We will be submitting offers as they come in to sellers.

Investor Tools

Property Icon
$181,000
Estimated Property Value
$0Estimated Mortgage Balance
$181,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,086 /month
Positive
Cash Flow Estimate:
$362 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$412/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,043
$180,190
2025
$20,000
$160,190
$180,190
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,043
$180,190

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$181,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
12.8%

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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4701 Penrose Avenue | Property Details | No Agent List