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$649,000

500 Throckmorton St Apt 2605, Fort Worth, TX, 76102

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,556 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$416.77 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Refrigerator, Washer
FlooringCarpet, Tile, Vinyl

Building Information

Year Built1972
Garage Spaces3

Land Information

APN42373C------2605
Lot Number2605
SubdivisionTower Residential Condo I
Land UseResidential
Legal DescriptionTOWER RESIDENTIAL CONDO I LOT 2605 .74% OF COMMON AREA
Census Tract123302
Assessed Land Value$45,000
Assessed Improvement Value$431,000
Assessment Year2025

About this property

See the amazing View from the 26th floor! Come, live, dine and relax in this centrally located premier building in downtown Fort Worth. This completely remodeled condo offers a beautiful north view of the Trinity River within walking distance of Sundance Square, shopping, fine dining, and cultural venues. The kitchen is a chef's dream with all new appliances: Viking gas range and dishwasher, a Jenn Air refrigerator, a waterfall granite countertop, custom cabinetry, and plenty of thoughtful storage, as well as a new LG washer & dryer. As a special treat, the seller invested in custom electric shades from Shade Innovations, known for the finest in remote-control window coverings. The living area is bathed in LED lighting and equipped with surround sound speakers. A classic neutral color scheme throughout and designer carpeting in both bedrooms make this a one-of-a-kind home. This unit features two spa-inspired ensuite bathrooms and a stunning half bath for guests. Storage, organization, and closet space are abundant in this well-appointed unit, as well as having 3 deeded spaces in the private garage. Texas Christian University is a 10-minute drive, and DFW airport is only a 30 minute drive. Come see this desirable property!

Investor Tools

Property Icon
$649,000
Estimated Property Value
$0Estimated Mortgage Balance
$649,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,894 /month
Positive
Cash Flow Estimate:
$1,298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,040/month
$1,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,239
$476,000
2025
$45,000
$431,000
$476,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,239
$476,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$649,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,880/mo
$1,100/mo
+$780/mo
3.5%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Fort Worth

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500 Throckmorton St Apt 2605 | Property Details | No Agent List