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$600,000

2729 Gordon Ave, Fort Worth, TX, 76110

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,350 Sq Ft
price_per_sqft$297.45 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer

Exterior

Lot Size6,247 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN14810-2-13
Lot Number13
SubdivisionFrisco Heights Addition
Land UseResidential
Legal DescriptionFRISCO HEIGHTS ADDITION BLOCK 2 LOT 13
Census Tract104302
Assessed Land Value$187,500
Assessed Improvement Value$326,481
Assessment Year2025

About this property

Great investment opportunity within a mile of TCU's Campus. This two story 4 Bed 4 Bath property with a 2 car garage was built in 2019. The property features an open kitchen concept with granite countertops and stainless steel appliances. Master suite contains an en suite bathroom with a tub shower combination and a walk in closet. All bedrooms are a great size and each contain their own en suite bathroom and walk in closet. Backyard has a covered patio and is fenced in by a 6 foot privacy fence. Property comes equipped with a sprinkler system. Currently rented for $4400 mo through May 28, 2024 and then rents will increase to $4800 mo with a new lease in place starting June 5, 2024 through May 25, 2025.

Investor Tools

Property Icon
$600,000
Estimated Property Value
$300,000Estimated Mortgage Balance
$313,614Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,211/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,533
$513,981
2025
$187,500
$326,481
$513,981
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,533
$513,981

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$300,000
No
First
Nov 6, 2023
Dec 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,386
$313,614
52%
48%
$1,799/mo

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

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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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