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$585,000

$595,000

500 Throckmorton St Apt 1605, Fort Worth, TX, 76102

On MarketInfo
Price DropInfo
Beds2 Beds
Baths3 Bath
Baths1,556 Sq Ft
price_per_sqft$375.96 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1972
Garage Spaces2

Land Information

APN42372C------1605
Lot Number1605
SubdivisionTower Residential Ii Condo
Land UseResidential
Legal DescriptionTOWER RESIDENTIAL II CONDO LOT 1605 .94% OF COMMON AREA
Census Tract123302
Assessed Land Value$45,000
Assessed Improvement Value$489,835
Assessment Year2025

About this property

Fantastic Urban Condo Home located on the 16th floor of the Tower in the center of downtown Fort Worth! Walk everywhere! River trails, Shopping, Work, Dining, Entertainment Venues! The condo features include 2 Bedrooms, 2.5 Baths and 2 Deeded Parking spaces in the Secured area of the Parking Garage! nicely renovated with large open kitchen and living areas. The sliding glass and decorative doors add a special touch for design and privacy! The Large Primary bedroom features a great bath with tub and separate shower and a huge walk in closet. The secondary bedroom features include a walk in shower that is wheelchair accessible. The condo features include wood floors, all new paint, stainless steel appliances including upgraded range, new cabinetry features in second bath, large open kitchen with white quartzite countertops and lots of counter space for the breakfast bar and food preparation! A separate two drawer under counter refrigerator is located in kitchen. The views of Sunsets off the balcony are breathtaking! The Tower amenities include a 24 hr Concierge Desk, social Party Room, Fitness center, 2 Guest Suites, Pool, Outdoor dining terrace with grills, putting green and firepit area.

Investor Tools

$530,462Estimated Mortgage Balance
$72,558Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

Interested in this property?

Debbie Hunn

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,070/month
$1,150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,837
$534,835
2025
$45,000
$489,835
$534,835
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,837
$534,835

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Unknown
$328,000
No
First
Aug 28, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$530,462
$83,538
13%
88%
$4,114/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,880/mo
$5,264/mo
$-3,384/mo
3.8%

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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500 Throckmorton St Apt 1605 | Property Details | No Agent List