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$474,000

NAL Estimated Property Value

500 Throckmorton St Apt 2111, Fort Worth, TX, 76102

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,124 Sq Ft
price_per_sqft$408.36 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1972

Land Information

APN42373C------2111
Lot Number2111
SubdivisionTower Residential Condo I
Land UseResidential
Legal DescriptionTOWER RESIDENTIAL CONDO I LOT 2111 .52% OF COMMON AREA
Census Tract123302
Assessed Land Value$45,000
Assessed Improvement Value$358,042
Assessment Year2025

About this property

Highly desirable east facing 21st floor unit, spectacular city vista views from the wall of windows and balcony. Coveted flexible floorplan with tastefully appointed interior. Study currently used as a guestroom. Fully equipped kitchen with gas cooktop and granite counters. 2 deeded garage parking spaces. Furnishings are negotiable. An urban oasis of shopping, dining, entertainment, community and cultural events and more await you. 24 hour, 7 days a week lobby concierge, fitness center, outdoor pool and spa, dog park. Nearby TRE for train commute to Dallas, DFW airport or other DFW areas.

Investor Tools

Property Icon
$474,000
Estimated Property Value
$695,290Estimated 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
$2,844 /month
Positive
Cash Flow Estimate:
$948 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$937/month
$767/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,874
$403,042
2025
$45,000
$358,042
$403,042
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,874
$403,042

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Bank Na
Commercial
$352,000
No
First
Aug 20, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$695,290
N/A
0%
147%
$5,666/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,880/mo
$6,433/mo
$-4,553/mo
4.8%

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 2111 | Property Details | No Agent List