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$225,000

1228 W Gambrell St, Fort Worth, TX, 76115

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,768 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.26 / sqft
Year BuiltBuilt in 1941

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Gas Range
FlooringCarpet, Hardwood, Linoleum

Exterior

Lot Size6,996 sqft

Building Information

Year Built1941
Stories2
Garage Spaces1

Land Information

APN20610-8-18
Lot Number18
SubdivisionHubbard Highlands Addition
Land UseResidential
Legal DescriptionHUBBARD HIGHLANDS ADDITION BLOCK 8 LOT 18
Census Tract104702
Assessed Land Value$42,000
Assessed Improvement Value$202,847
Assessment Year2025

About this property

Nestled under a lush canopy of mature trees, this character-rich property welcomes you with exceptional curb appeal, a shaded front lawn, and a charming covered entry path. Set on a leafy lot featuring a private brick patio in the rear, the property offers a tranquil setting for outdoor relaxation. Inside, warm hardwood flooring extends through light-filled open living areas accented by classic architectural detailing. Dual brick hearth fireplaces serve as focal points for gathering, while traditional wall paneling and shuttered window accents add timeless charm. An elegant wide arched doorway transitions seamlessly into a dedicated dining area, complete with built-in corner display cabinetry, decorative wainscoting, and a statement chandelier fixture. The kitchen offers double-basin sinks, white cabinetry with decorative scalloped trim, a gas cooktop setup, and a dishwasher. Flexible multi-level living areas throughout the home feature ample natural lighting, ceiling fans, sloped dormer accents, and built-in storage solutions including custom shelving and closet organizers. Outdoors, the rear grounds feature a brick patio area, a detached garage structure, and additional space suitable for storage or creative outdoor projects. Offered in as-is condition, this property represents an incredible opportunity for buyers or investors seeking a solid foundation with character to customize and make their own.

Investor Tools

$0Estimated Mortgage Balance
$244,847Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,469 /month
Positive
Cash Flow Estimate:
$490 /month

Interested in this property?

Sarah Padgett

CENTURY 21 Judge Fite Co.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$132/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$361
$244,847
2025
$42,000
$202,847
$244,847
No

Tax History

Year
Tax Paid
Assessed Value
2025
$361
$244,847

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colonial National Mtg
Fha
$21,659
Yes
First
N/A
Jan 2013

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$244,847
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
9.4%

City: Fort Worth

1228 W Gambrell St | Property Details | No Agent List