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$269,000

NAL Estimated Property Value

4924 Marks Place, Fort Worth, TX, 76116

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,419 Sq Ft
price_per_sqft$77.52 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesConvection Oven, Dishwasher, Disposal, Electric Cooktop
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size10,136 sqft

Building Information

Year Built1951
Stories1
Garage Spaces1

Land Information

APN34410-34-17
Lot Number17
SubdivisionRidglea West Addition
Land UseResidential
Legal DescriptionRIDGLEA WEST ADDITION BLOCK 34 LOT 17
Census Tract102302
Assessed Land Value$20,000
Assessed Improvement Value$90,000
Assessment Year2025

About this property

3Bed 1Bath 1Live 1Dine Home located in the RIDGLEA WEST ADDITION of the city of Fort Worth. TONS OF POTENTIAL perfect for 1st time home buyer or an INVESTOR'S DREAM and has tremendous ROI potential for either holding long term or short turn over.

Investor Tools

Property Icon
$269,000
Estimated Property Value
$78,769Estimated Mortgage Balance
$190,231Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,614 /month
Positive
Cash Flow Estimate:
$538 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$339/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,717
$110,000
2025
$20,000
$90,000
$110,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,717
$110,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Finance Of America Commercial
Purchase Money Mortgage
$87,600
No
First
Feb 10, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$78,769
$190,231
70%
29%
$526/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$526/mo
+$1,401/mo
8.6%

City: Fort Worth

4924 Marks Place | Property Details | No Agent List