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$216,000

$218,000

7428 Mohawk Ave, Fort Worth, TX, 76116

On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths1 Bath
Baths1,001 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.78 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Must-SellAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Microwave, Refrigerator

Exterior

Lot Size8,999 sqft

Building Information

Year Built1948
Stories1
Garage Spaces2

Land Information

APN34410-23-27
Lot Number27
SubdivisionRidglea West Addition
Land UseResidential
Legal DescriptionRIDGLEA WEST ADDITION BLOCK 23 LOT 27
Census Tract102302
Assessed Land Value$20,000
Assessed Improvement Value$160,749
Assessment Year2025

About this property

MOTIVATED SELLER!! Come see this charming 3 bedroom, 1 bath home, nestled in a well established cul-de-sac, offering the perfect blend of character, comfort and modern updates. This darling home underwent a remodel in 2019, featuring a completely updated kitchen with new appliances (now 3 yrs. old), a remodeled bathoom with new plumbing from the meter through the house, and new Champion windows. Major improvements provide peace of mind , including foundation leveling and new plumbing in 2019. The roof was replaced in 2016. Enjoy your morning coffee and family gatherings on your extra large covered back patio (32 x 15) overlooking a fabulous backyard, perfect for entertaining, gardening, or simply relaxing outdoors. Additional features include a 2-car garage, covered RV or boat parking and two storage sheds offerring plenty of oom for tools, hobbies, and outdoor equpment storage. Whether you are a first time homebuyer looking for your starter home or ready to downsize without scrificing outdoor space and functionality, or looking for a great investment-rental property, this delightful property checks all the boxes!!

Investor Tools

$194,915Estimated Mortgage Balance
$23,752Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,308 /month
Positive
Cash Flow Estimate:
$436 /month

Interested in this property?

Lorri Dyess

All City Real Estate, Ltd Co

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$345/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,049
$180,749
2025
$20,000
$160,749
$180,749
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,049
$180,749

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Stand Alone Second / Subordinate Position
$5,997
No
First
Jul 10, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,915
$10,085
4%
89%
$1,235/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,235/mo
+$692/mo
10.6%

Learn About the Market: Opportunity in Fort Worth

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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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