NoAgentList RatingHow are grades calculated?

6view

Owner Contacts

$238,000

NAL Estimated Property Value

5017 Morris Ave, Fort Worth, TX, 76103

Off Market

2 Beds

2 Bath

1,196 Sq Ft

Single Family Residence

$208.95 / sqft

Built in 1952

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Vented Exhaust Fan

FlooringCeramic Tile, Hardwood

Exterior

Exterior FeaturesDog Run, Storage

Lot Size10,489 sqft

Building Information

Year Built1952

Stories1

Garage Spaces1

Land Information

APN11020-3-7C

Lot Number7C

SubdivisionEdgewood Place Addition

Land UseResidential

Legal DescriptionEDGEWOOD PLACE ADDITION BLOCK 3 LOT 7C

Census Tract101403

Assessed Land Value$30,493

Assessed Improvement Value$177,694

Assessment Year2025

About this property

~ Your Warm Welcome Awaits ~ This Darling Home Beckons you inside where Charm, Character, and Comfort collide. Radiant Refinished Original Hardwood Flooring, Spacious Bedrooms, a Functional Layout, Custom Closet System in the Primary, and so many meaningful updates (Roof, HVAC, Water Heater, Paint, Etc.) Pride of Ownership Shines on this one, just trust me on that. Cuddle up with a Relaxing Read as Natural Light Spills in through all the Windows. Embrace the Tranquility of the Shaded Backyard Oasis ~ Possibilities are Endless for Hosting Cozy Fire-pit Hangs this Fall or Grilling for your People! Two Storage Sheds, Rear Patio, and Plenty of Room for Pets to Play! Grab a Weekend Treat from Local 'Coffee Folk' in the Community + Take Advantage of Nearby Oakland Lake Park or Meadowbrook Golf Course. Purchase TODAY ~ Claim your Turn to Host the Holidays in your Beautiful New House! *Fridge will convey with an accepted offer.

Investor Tools

$238,000

Estimated Property Value

$230,632Estimated Mortgage Balance

$7,368Estimated Equity

3% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,499 /month

Positive

Cash Flow Estimate:

$500 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$271/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,066

$208,187

2025

$30,493

$177,694

$208,187

Tax History

Year

Tax Paid

Assessed Value

2024

$2,066

$208,187

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$236,583

First

Dec 13, 2024

Jan 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$230,632

$7,368

97%

$1,419/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,456/mo

$1,419/mo

+$37/mo

7.3%

Learn About the Market: Opportunity in Fort Worth

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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.

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