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$167,000

NAL Estimated Property Value

7304 Llano Ave, Fort Worth, TX, 76116

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths745 Sq Ft
price_per_sqft$147.65 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesNone
FlooringVaries

Exterior

Lot Size7,976 sqft

Building Information

Year Built1948
Stories1
Garage Spaces1

Land Information

APN34410-17-20
Lot Number20
SubdivisionRidglea West Addition
Land UseResidential
Legal DescriptionRIDGLEA WEST ADDITION BLOCK 17 LOT 20
Census Tract102302
Assessed Land Value$20,000
Assessed Improvement Value$68,569
Assessment Year2025

About this property

Investor opportunity in the established Ridglea West neighborhood of West Fort Worth. This 1948 original sits on an oversized 7980 square foot lot with a covered carport and a detached rear structure, offering multiple options for the right buyer. The home retains its original hardwood floors throughout the living and dining areas, original wood-frame windows with divided light detail, and period millwork and trim that speak to the craftsmanship of the era. The living room features a vaulted ceiling line and a connected dining space. Kitchen is original configuration with space to reconfigure. Property is vacant and being sold strictly as is. No repairs, no credits, no warranties expressed or implied. Cash purchase only. Proof of funds required with any offer. Seller will not make any repairs or improvements prior to close. The Ridglea West corridor has seen steady investor activity in recent years with renovated comparables commanding significantly higher values. Large lot offers potential for ADU exploration subject to zoning verification. Walking distance to Z Boaz Park. Quick access to Camp Bowie and Loop 820. Buyer to independently verify all measurements, school assignments, and property condition. Ideal for experienced investor, flipper, or buy-and-hold buyer seeking a value add asset in an established Fort Worth neighborhood. Title must be through National Title Group Rockwall, Melody Sandoval. Contact agent for correct seller information for all offers. Schedule through Broker Bay for combo code.

Investor Tools

Property Icon
$167,000
Estimated Property Value
$0Estimated Mortgage Balance
$167,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,002 /month
Positive
Cash Flow Estimate:
$334 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$231/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,939
$88,569
2025
$20,000
$68,569
$88,569
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2025
$1,939
$88,569

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$167,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
13.8%

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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7304 Llano Ave | Property Details | No Agent List