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$205,167

NAL Estimated Property Value

5105 Locke Ave, Fort Worth, TX, 76107

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths767 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.12 / sqft
Year BuiltBuilt in 1937

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Range
FlooringLaminate

Exterior

Lot Size6,247 sqft

Building Information

Year Built1937
Stories1

Land Information

APN-6980--149----3---20
Lot Number3-4
SubdivisionChamberlain Arlington Hts 1st
Land UseResidential
Legal DescriptionCHAMBERLAIN ARLINGTON HTS 1ST BLOCK 149 LOT 3 & 4
Census Tract102601
Assessed Land Value$40,000
Assessed Improvement Value$165,167
Assessment Year2025

About this property

This property is great for an investment or if you are a first time home buyer and ready to do some TLC. It has new windows, roof is a few years old, newer cabinets. It was a 3 bedroom but converted into a 2 bedroom. It is located on the west side of Fort Worth. It is near I-30 and local store and shops. Minutes from downtown Fort Worth dining, Chisholm Trail, TCU and parks. House to be sold AS-IS.

Investor Tools

Property Icon
$205,167
Estimated Property Value
$389,327Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,231 /month
Positive
Cash Flow Estimate:
$410 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$469/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,604
$205,167
2025
$40,000
$165,167
$205,167
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,604
$205,167

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veritex Community Bank
Commercial
$400,000
No
First
Nov 27, 2024
Nov 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$389,327
N/A
0%
190%
$2,399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$2,399/mo
$-379/mo
11.8%

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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5105 Locke Ave | Property Details | No Agent List