7view

Owner Contacts

$319,000

NAL Estimated Property Value

5000-5002 Inverness Avenue, Fort Worth, TX, 76132

$320,312 ARV

Off Market

2 Beds

2 Bath

3,058 Sq Ft

$163.51 / sqft

Built in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 4

Heating Central

Cooling

AppliancesDishwasher, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator

FlooringLuxury Vinyl Plank, Tile

Exterior

Lot Size12,149 sqft

Building Information

Year Built1968

Land Information

APN46035--114---28---51

Lot Number28

SubdivisionWestcliff Addition

Land UseResidential

Legal DescriptionWESTCLIFF ADDITION BLOCK 114 LOT 28 50% UNDIVIDED INTEREST

Census Tract105505

Assessed Land Value$22,500

Assessed Improvement Value$235,137

Assessment Year2025

About this property

Welcome to this beautifully remodeled duplex, perfect for investors or owner-occupants! Located near TCU, this property features two units, each with its own separate entrance, offering flexibility for tenants or owners. Unit 1 has 3 bedrooms and 2 bathrooms, and Unit 2 has 2 bedrooms and 2 bathrooms. The open-concept living areas, updated kitchens, and modern bathrooms make this duplex a must-see! This duplex has been taken down to the studs and fully remodeled, providing peace of mind for years to come. With separate meters for utilities, this property offers convenience and ease for managing multiple units. Don't miss the opportunity to own this turnkey duplex with great rental potential in a prime location. Whether you're an investor looking for a profitable rental property or a savvy homeowner looking for a smart housing solution, this duplex has it all. Don't wait, schedule your showing today!

Investor Tools

$319,000

Estimated Property Value

$429,733Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$320,312

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,000 /month

Positive

Cash Flow Estimate:

$1,000 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$615/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,781

$257,637

2025

$22,500

$235,137

$257,637

Tax History

Year

Tax Paid

Assessed Value

2024

$5,781

$257,637

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Highlands Residential Mortgage Ltd

Conventional

$454,750

First

May 26, 2023

Jun 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$429,733

N/A

135%

$2,727/mo

Learn About the Market: Opportunity in Fort Worth

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 This Area