$425,000
NAL Estimated Property Value500 Throckmorton Street 1107, Fort Worth, TX, 76102
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Wood
Building Information
Year Built1972
Land Information
APN42372C------1107
Lot Number1107
SubdivisionTower Residential Ii Condo
Land UseResidential
Legal DescriptionTOWER RESIDENTIAL II CONDO LOT 1107 .67% OF COMMON AREA
Census Tract123302
Assessed Land Value$45,000
Assessed Improvement Value$357,257
Assessment Year2025
About this property
Ready for move in with new carpet and paint! wood floors in living and kitchen, carpet in bedrooms, Open den and Kitchen with awesome views! 1 block away from Sundance square! Many restaurants and dining options are a walking distance from the condo. The Tower amenities include a state-of-the-art fitness center, outdoor grill area and seating area, resort pool area and guest suites for residents for a charge
Investor Tools
$425,000
Estimated Property Value
$200,462Estimated Mortgage Balance
$224,538Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$973/month
$575/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,549
$402,257
2025
$45,000
$357,257
$402,257
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,549
$402,257
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$222,500
No
First
Mar 26, 2021
Apr 2036
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,462
$224,538
52%
47%
$1,334/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,880/mo
$1,909/mo
$-29/mo
5.3%
