$290,000
NAL Estimated Property Value7421 Davenport Ave, Fort Worth, TX, 76116
Off Market
Property Lead Type:
BankruptcyOff-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesBuilt In Gas Range, Gas Cooktop, Gas Oven
FlooringCarpet, Ceramic Tile, Laminate
Exterior
Lot Size5,759 sqft
Building Information
Year Built1948
Stories1
Garage Spaces1
Land Information
APN34410-13-1
Lot Number1
SubdivisionRidglea West Addition
Land UseResidential
Legal DescriptionRIDGLEA WEST ADDITION BLOCK 13 LOT 1
Census Tract102302
Assessed Land Value$20,000
Assessed Improvement Value$243,046
Assessment Year2025
About this property
Open House Saturday April 8th 2023 3pm-5pm This beautifully renovated corner home is Move In Ready! Gated for privacy, this home features a front lawn and paved driveway leading to the garage and back patio oasis. Inside you will find shiny floors freshly installed, decorative ceilings, and windows allowing for great natural lighting. This home is also stocked with multiple closets and shelving for all of your organizational needs. Stop by our open house this Saturday to discover the rest of the beauty this site has to offer.
Investor Tools
$290,000
Estimated Property Value
$222,640Estimated Mortgage Balance
$67,360Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,815 /month
Positive
Cash Flow Estimate:
$605 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$613/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,902
$263,046
2025
$20,000
$243,046
$263,046
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,902
$263,046
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$234,400
No
First
Aug 7, 2023
Sep 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,640
$67,360
23%
77%
$1,406/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,406/mo
+$521/mo
8.0%
