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B+
NoAgentList RatingHow are grades calculated?Info

$332,931

NAL Estimated Property Value

7240 Hightower Street, Fort Worth, TX, 76112

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,976 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.11 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size6,508 sqft

Building Information

Year Built1961
Stories2
Garage Spaces2

Land Information

APN27570-6B-11
Lot Number11
SubdivisionMc Gee, A S Subdivision
Land UseResidential
Legal DescriptionMC GEE, A S SUBDIVISION BLOCK 6B LOT 11
Census Tract101301
Assessed Land Value$50,000
Assessed Improvement Value$282,931
Assessment Year2025

About this property

OASIS IN FORT WORTH! Come home to this beautiful home in an established tree lined subdivision snuggled within the City of Fort Worth. This home is MOVE-IN READY and has been immaculately cared for by the owner. A nice large flex space greet you at the front door and can be used as a home office, kids play area, home gym, second living, etc. This home has beautiful built in shelving upstairs and down. Some additional features include new paint, new carpet, new laminate floors, wood burning or gas fireplace. Owners retreat is downstairs with two large bedrooms and a loft upstairs. Home has a brand new microwave, two newer AC units (2018 and 2019). The refrigerator and like new washer and dryer are negotiable.

Investor Tools

Property Icon
$332,931
Estimated Property Value
$235,801Estimated Mortgage Balance
$97,130Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,998 /month
Positive
Cash Flow Estimate:
$666 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$761/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,471
$332,931
2025
$50,000
$282,931
$332,931
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,471
$332,931

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Fha
$260,200
Yes
First
Jun 1, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,801
$97,130
29%
71%
$1,561/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,561/mo
+$366/mo
6.9%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages
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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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7240 Hightower Street | Property Details | No Agent List