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$150,000

1276 E Magnolia Avenue, Fort Worth, TX, 76104

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,132 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.51 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringCarpet, Vinyl

Exterior

Lot Size6,247 sqft

Building Information

Year Built1924
Stories1

Land Information

APN23290-28-1
Lot Number1
SubdivisionLakeview Addition
Land UseResidential
Legal DescriptionLAKEVIEW ADDITION BLOCK 28 LOT 1
Census Tract103800
Assessed Land Value$18,750
Assessed Improvement Value$69,501
Assessment Year2025

About this property

Investor opportunity in Fort Worth! This 3-bedroom, 1-bath single-family home offers 1,132 sq ft of living space on approximately 0.14 acres. Major improvements include a newer roof, newer HVAC with remaining manufacturer warranty, updated plumbing and electrical, plus newer windows and doors. The covered front porch adds character, while the driveway provides off-street parking. With key systems already addressed, this property offers a strong opportunity for an investor, renovation project, or buyer looking to add their own finishing touches. Conveniently located near central Fort Worth with access to major roads, shopping, dining and employment centers. Property is being sold in its present condition. Buyer and buyer’s agent to independently verify all information, including measurements, schools, taxes and property condition.

Investor Tools

$23,467Estimated Mortgage Balance
$153,533Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,062 /month
Positive
Cash Flow Estimate:
$354 /month

Interested in this property?

Kiara Manning

Vela Realty Group LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$74/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$88,251
2025
$18,750
$69,501
$88,251
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$88,251

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The M.A Davidson Family Limited Partners
Seller Carryback / Seller Financing / Seller Take-Back
$30,995
No
First
Jul 6, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$23,467
$153,533
86%
13%
$186/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$186/mo
+$1,741/mo
13.1%

City: Fort Worth

1276 E Magnolia Avenue | Property Details | No Agent List