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$1,275,000

500 Throckmorton Street 3512, Fort Worth, TX, 76102

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,493 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$511.43 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Electric Water Heater, Gas Range, Ice Maker, Microwave, Convection Oven, Vented Exhaust Fan, Warming Drawer, Wine Cooler
FlooringHardwood, Stone

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1972
Garage Spaces3

Land Information

APN42373C------3512
Lot Number3512
SubdivisionTower Residential Condo I
Land UseResidential
Legal DescriptionTOWER RESIDENTIAL CONDO I LOT 3512 1.18% OF COMMON AREA
Census Tract123302
Assessed Land Value$60,000
Assessed Improvement Value$555,657
Assessment Year2025

About this property

Stunning one-of-a-kind residence on the 35th floor of The Tower with the desired East view including Trinity River, Courthouse, Sundance Square, Convention Center, Hospital District and even the Downtown Dallas Skyline. Enjoy this panoramic view through the 17 floor to ceiling windows. Absolutely beautiful rare African mesquite plank wood floors, custom authentic fish fossil stone countertops, and built in electric shades are just a few features. Primary bedroom has two full bathrooms, large walk-in closet and sitting area. The amenities of The Tower include large party room with pool table, shuffleboard, dog park, cabanas, swimming pool, hot tub, state of the art fitness center, putting green, fire pit, outdoor grills, and 24-7 Concierge Desk. This residence exudes LUXURY!

Investor Tools

$350,756Estimated Mortgage Balance
$911,244Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,650 /month
Positive
Cash Flow Estimate:
$2,550 /month

Interested in this property?

Brandon Stewart

Point Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,713/month
$1,770/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,247
$615,657
2025
$60,000
$555,657
$615,657
No

Tax History

Year
Tax Paid
Assessed Value
2025
$14,247
$615,657

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Commercial
$425,000
No
First
Dec 21, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$350,756
$911,244
72%
28%
$2,549/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$4,319/mo
$-1,829/mo
2.4%

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 Street 3512 | Property Details | No Agent List