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$95,000

NAL Estimated Property Value

5420 Elgin St, Fort Worth, TX, 76105

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size16,017 sqft

Land Information

APN40150-11-4
Lot Number4
SubdivisionStallcups Fifth Addition
Land UseResidential
Legal DescriptionSTALLCUPS FIFTH ADDITION BLOCK 11 LOT 4
Census Tract103601
Assessed Land Value$36,020
Assessment Year2025

About this property

*** The Stop Six HUB MLK Community Center ($17.5M) and Stop Six Aquatic Facility ($8.2M) projects are coming!*** The time to buy is NOW!!! Here's your opportunity to invest in the Historic Stop Six Neighborhood and develop land with benefits in south-east Fort Worth. This lot is situated within the boundaries of the City of Forth Worth's Neighborhood Empowerment Zone Program (NEZ). Purchase this lot and build your dream home here. You will be within 1 mile of JPS Health Center Stop Six and within walking distance to Dunbar High School and the MLK Jr. Community Center. Approx 1.5 miles from Interstate 820 & a 14 minute drive to Downtown Fort Worth.

Investor Tools

Property Icon
$95,000
Estimated Property Value
$256,642Estimated 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
$600 /month
Positive
Cash Flow Estimate:
$200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$107/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$808
$36,020
2025
$36,020
N/A
$36,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$808
$36,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Fha
$258,137
Yes
First
Jan 30, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,642
N/A
0%
270%
$1,548/mo

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.

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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5420 Elgin St | Property Details | No Agent List