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$282,000

NAL Estimated Property Value

7813 Kermit Ave, Fort Worth, TX, 76116

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,597 Sq Ft
price_per_sqft$172.2 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size13,721 sqft

Building Information

Year Built1971
Stories1
Garage Spaces2

Land Information

APN34250-7-16
Lot Number16
SubdivisionRidgecrest Addition-Fort Worth
Land UseResidential
Legal DescriptionRIDGECREST ADDITION-FORT WORTH BLOCK 7 LOT 16
Census Tract102302
Assessed Land Value$25,000
Assessed Improvement Value$176,606
Assessment Year2025

About this property

Charming, well-loved and well-maintained 3-bedroom, 2-bath home featuring a spacious living and dining area plus a covered back patio perfect for relaxing or entertaining. Recent updates include a brand-new AC system with warranty, new premium laminate flooring in the entry, dining, and kitchen areas, new carpet in the bedrooms, and fresh paint in the breakfast and dining rooms. The large backyard is shaded with mature trees and offers plenty of space for gatherings and outdoor enjoyment. The garage includes enclosed storage on one side, which could easily be removed to restore a full 2-car garage if desired. The oversized living room features a beautiful fireplace at the back of the home, creating a warm and inviting atmosphere. With so much space and charm throughout, this sweet home is one you don’t want to miss. Showings start Friday, May 15th.

Investor Tools

Property Icon
$282,000
Estimated Property Value
$14,215Estimated Mortgage Balance
$267,785Estimated Equity
94% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$180/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$753
$201,606
2025
$25,000
$176,606
$201,606
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2025
$753
$201,606

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Credit Line (Revolving) / Heloc
$25,000
No
First
Mar 23, 2009
Mar 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$14,215
$267,785
94%
5%
$150/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$150/mo
+$1,777/mo
8.2%

City: Fort Worth

7813 Kermit Ave | Property Details | No Agent List