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$225,000

5170 Erath St, Fort Worth, TX, 76119

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,160 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.69 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave
FlooringCarpet

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size8,098 sqft

Building Information

Year Built1951
Stories1
Garage Spaces1

Land Information

APN15490-21-6
Lot Number6
SubdivisionGlen Park Addition
Land UseResidential
Legal DescriptionGLEN PARK ADDITION BLOCK 21 LOT 6
Census Tract104603
Assessed Land Value$24,300
Assessed Improvement Value$160,700
Assessment Year2025

About this property

This Home could QUALIFY for a $10,000 GRANT!!! Welcome to this beautifully remodeled Fort Worth home, offering a perfect blend of modern comfort and timeless charm. Situated on nearly a quarter-acre lot, this stunning three-bedroom, two-bath residence was completely renovated in April 2022 — no detail was overlooked. Every major system has been updated, including new plumbing, electrical, HVAC, roof, and water heater, ensuring peace of mind for years to come. The remodel also included new energy-efficient windows and thoughtful touches throughout, creating a home that feels both fresh and refined. Inside, you’ll find gleaming wood floors, elegant granite countertops, and stylish tile finishes in both bathrooms. The primary suite features a beautifully tiled walk-in shower, while the secondary bath offers a classic tub-shower combination. The open layout allows natural light to flow effortlessly, enhancing the home’s warm and inviting atmosphere. Outside, the property continues to impress with a spacious backyard, bright exterior lighting, and a fully wired shed with new outlets, lighting, and a brand-new roof. The front of the property is secured with a handsome black wrought-iron fence and a sliding gate that locks for added privacy. Additional highlights include an ADT security system with voice cameras, exterior electrical outlets for convenience, a transferable home warranty through American Home Shield, and a well-maintained HVAC system that has been professionally tuned up every summer and winter since 2022. This move-in-ready home offers the perfect combination of luxury, comfort, and modern reliability — an exceptional find in Fort Worth.

Investor Tools

Property Icon
$225,000
Estimated Property Value
$225,834Estimated Mortgage Balance
$16,454Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,362 /month
Positive
Cash Flow Estimate:
$454 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$347/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,043
$185,000
2025
$24,300
$160,700
$185,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,043
$185,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$225,834
Yes
First
Apr 15, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,546
$16,454
7%
93%
$1,354/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,354/mo
+$573/mo
10.3%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

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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.

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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5170 Erath St | Property Details | No Agent List