$236,648
NAL Estimated Property Value7301 Willis Ave, Fort Worth, TX, 76116
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesBuilt-In Gas Range, Dishwasher, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Laminate
Exterior
Lot Size4,996 sqft
Building Information
Year Built1949
Stories1
Garage Spaces1
Land Information
APN34410-26-10
Lot Number10
SubdivisionRidglea West Addition
Land UseResidential
Legal DescriptionRIDGLEA WEST ADDITION BLOCK 26 LOT 10
Census Tract102302
Assessed Land Value$20,000
Assessed Improvement Value$216,648
Assessment Year2025
About this property
GREAT RENOVATED CORNER LOT HOUSE, NEW PAINTING INSIDE, NEW LAMINATED WOOD FLOORS, NEW GRANITE COUNTERTOPS IN KITCHEN, NEW EFFICIENCY APPLIANCES, UPTADED BATHROOM, BRAND NEW GARAGE DOOR, ALL THE WINDOWS WERE REPLACED.
Investor Tools
$236,648
Estimated Property Value
$151,858Estimated Mortgage Balance
$84,790Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,420 /month
Positive
Cash Flow Estimate:
$473 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$367/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,217
$236,648
2025
$20,000
$216,648
$236,648
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,217
$236,648
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Fha
$168,884
Yes
First
Feb 22, 2021
Mar 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,858
$84,790
35%
64%
$1,013/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,013/mo
+$914/mo
9.8%
