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$249,500

6600 Cervantes Ave, Fort Worth, TX, 76133

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,123 Sq Ft
price_per_sqft$222.17 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,619 sqft

Building Information

Year Built1971
Stories1
Garage Spaces2

Land Information

APN45580-298-7R
Lot Number7R
SubdivisionWedgwood Addition
Land UseResidential
Legal DescriptionWEDGWOOD ADDITION BLOCK 298 LOT 7R
Census Tract105512
Assessed Land Value$30,000
Assessed Improvement Value$123,473
Assessment Year2025

About this property

LOOK NO FURTHER! This beautifully remodeled home is move-in ready and packed with upgrades throughout. Enjoy peace of mind with a new roof and decking, new windows, fresh interior, garage paint and updated light fixtures. The updated kitchen features new cabinets, new countertops, new sink and stove that will make cooking a delight. New tile flooring flows through the main living areas, while comfortable new carpet adds warmth to the bedrooms. Both bathrooms have been fully updated with stylish, comtemporary finishes. BONUS; the primary bedroom has an additional space for small office or baby's room. This home offers a large backyard with a covered patio, two storage sheds and a convenient, durable metal side gate. Located within walking distance to elementary school and all others only minutes away, this home combines modern upgrades, functionality and convenience.

Investor Tools

$135,404Estimated Mortgage Balance
$76,813Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,497 /month
Positive
Cash Flow Estimate:
$499 /month

Interested in this property?

Veronica Badillo

JPAR

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$368/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,360
$153,473
2025
$30,000
$123,473
$153,473
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,360
$153,473

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Fund I Llc
Commercial
$140,000
No
First
Aug 8, 2024
Feb 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,404
$86,596
39%
64%
$840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$840/mo
+$1,180/mo
11.4%

City: Fort Worth

6600 Cervantes Ave | Property Details | No Agent List