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NoAgentList RatingHow are grades calculated? Info

$202,000

516 E Mason St, Fort Worth, TX, 76110

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,145 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.87 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Cooktop, Electric Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size5,998 sqft

Building Information

Year Built1942
Stories1
Garage Spaces171

Land Information

APN39010-13-5
Lot Number5
SubdivisionSmith, J S Addition
Land UseResidential
Legal DescriptionSMITH, J S ADDITION BLOCK 13 LOT 5
Census Tract104503
Assessed Land Value$36,000
Assessed Improvement Value$156,421
Assessment Year2025

About this property

Walking Distance to La Gran Plaza shopping center. Beautiful, Renovated and MOVE-IN-READY! 3 Bedrooms, 2 beautiful remodeled bathrooms, 1 Living Room and 1 Dining room. Open concept with a good size living room. Kitchen with beautiful white backsplash, new cabinets, granite counters and ss appliances. New floors and fresh paint throughout. New water heater, separate laundry room. NO grass, concrete front and back with plenty space for several vehicles and with a convenient back access. Extra large storage-garage room. Close to major freeways and minutes to downtown fort worth.

Investor Tools

Property Icon
$202,000
Estimated Property Value
$211,500Estimated Mortgage Balance
$4,213Estimated Equity
-5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$444/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,318
$192,421
2025
$36,000
$156,421
$192,421
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,318
$192,421

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$211,500
No
First
Nov 16, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,787
$4,213
2%
98%
$1,269/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$1,269/mo
+$187/mo
8.6%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

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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516 E Mason St | Property Details | No Agent List