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$313,000

NAL Estimated Property Value

7840 Marfa Ave, Fort Worth, TX, 76116

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,838 Sq Ft
price_per_sqft$163.17 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Refrigerator
FlooringCeramic Tile, Simulated Wood, Stone

Exterior

Exterior FeaturesLighting, Rain Gutters
Lot Size13,347 sqft

Building Information

Year Built1970
Stories1
Garage Spaces1

Land Information

APN34250-17-4
Lot Number4
SubdivisionRidgecrest Addition-Fort Worth
Land UseResidential
Legal DescriptionRIDGECREST ADDITION-FORT WORTH BLOCK 17 LOT 4
Census Tract102302
Assessed Land Value$25,000
Assessed Improvement Value$235,000
Assessment Year2025

About this property

BEAUTIFULLY REMODELED HOME ON SPACIOUS LOT, OVER A QUARTER OF AN ACRE IN RIDGECREST ADDITION. This home has EVERYTHING! High-End touches throughout. Open concept living, dining, kitchen. Kitchen has custom painted cabinetry, new appliances, breakfast bar and decorative lighting, 2 pantries. Living has wood burning fireplace. stone, simulated wood, tile floors throughout. Second living area is large and spacious with new flooring, two closets, bay window, and more. All baths have updated fixtures, vanities, mirrors. Gold and silver fixture's theme throughout. Special decorative tile flooring in dining area sets this room apart from others in the home. New ceiling fans, new electrical, new HVAC, new paint, Five paneled doors. Large lot with spacious fenced backyard with storage shed, landscaped with front sprinkler system. Neighborhood with large lots and quiet street. Luella Merrett Elementary off of Kermit. Idea Charter School nearby on Cherry Lane. A MUST SEE!

Investor Tools

Property Icon
$313,000
Estimated Property Value
$293,431Estimated Mortgage Balance
$19,569Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,878 /month
Positive
Cash Flow Estimate:
$626 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$617/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,834
$260,000
2025
$25,000
$235,000
$260,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,834
$260,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plains Commerce Bank
Fha
$294,467
Yes
First
May 11, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,431
$19,569
6%
94%
$1,860/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,860/mo
+$67/mo
7.4%

City: Fort Worth

7840 Marfa Ave | Property Details | No Agent List