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$449,752

500 Throckmorton St Apt 703, Fort Worth, TX, 76102

Under ContractInfo
Beds1 Beds
Baths2 Bath
Baths1,124 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$400.14 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony

Building Information

Year Built1972
Garage Spaces2

Land Information

APN42372C-------703
Lot Number703
SubdivisionTower Residential Ii Condo
Land UseResidential
Legal DescriptionTOWER RESIDENTIAL II CONDO LOT 703 .66% OF COMMON AREA
Census Tract123302
Assessed Land Value$30,000
Assessed Improvement Value$319,594
Assessment Year2025

About this property

Fantastic Tower condo featuring 1 Bedroom, 2 Baths and 2 DEEDED Parking Spaces! The Views of Sundance Square and the City are so fun from this condo in the sky and your private balcony! The open floorplan features a separate living space that can double as an office or extra guest room in the center of downtown Fort Worth! Rich wood flooring, electric shades, floor to ceiling windows, and a great kitchen with custom glass tile backsplash and Stainless Steel Appliances make this space a standout for urban living! Neutral paint colors are updated in the condo. The Utility Closet comes complete with a washer and dryer combo! A unique lighted art nook in the entry make the foyer a welcoming space! The Tower is a professionally managed premier luxury highrise in the center of downtown Fort Worth! Offering a 24 hr Concierge front desk service, outdoor amenity deck with outdoor pool and spa, dining terrace with gas grills, dog park, gazebo lounge areas, firepit area and putting green. The Tower amenities also include a 24 hr fitness center, party room and 2 guest suites! Entertainment, Dining Venues, Trinity River Trails and Business Centers are just steps from the Tower front door! The Tex Rail and TRE Train System make commuting to Dallas and the DFW Airport a Breeze! Walk, Work and Play in the best downtown ever!

Investor Tools

$78,784Estimated Mortgage Balance
$366,646Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,699 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$459/month
$808/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,287
$349,594
2025
$30,000
$319,594
$349,594
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,287
$349,594

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southside Bank
Conventional
$100,000
No
First
Jun 23, 2016
Jul 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$78,784
$335,216
80%
18%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,880/mo
$1,408/mo
+$472/mo
5.1%

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 703 | Property Details | No Agent List