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$199,000

1416 Nelson Pl, Fort Worth, TX, 76028

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,368 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.47 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringWood

Exterior

Lot Size6,068 sqft

Building Information

Year Built1988
Stories1
Garage Spaces2

Land Information

APN40422-6-13R
Lot Number13R
SubdivisionStill Meadows Addition
Land UseResidential
Legal DescriptionSTILL MEADOWS ADDITION BLOCK 6 LOT 13R
Census Tract111203
Assessed Land Value$45,000
Assessed Improvement Value$173,000
Assessment Year2025

About this property

COUNTRY LIVING WITH ENDLESS POTENTIAL! Discover a hidden gem tucked away in a quiet country neighborhood with great neighbors and the privacy you've been looking for. This 3 bedroom, 2 bath home with a 2 car garage is full of potential and ready for its next chapter. With a little TLC, you can make this home truly your own! Enjoy abundant natural light, a lifetime tile roof and charming curb appeal featuring a beautiful mature oak tree and established rosebushes. The backyard offers a peaceful, secluded setting with a greenbelt behind the property, creating a wonderful sense of privacy and a connection to nature. An above ground pool, complete with working equipment, is ready for summer fun or can be removed to make room for your own outdoor vision. For years, this home was lovingly enjoyed by the current owners as they raised their family and made lasting memories. Now, it's ready for someone new to bring fresh ideas and make it their own. If you're dreaming of country living, a little elbow grease, and the opportunity to add your personal touch, this property is full of possibilities. Come discover the charm, privacy, and potential waiting for you!

Investor Tools

$28,252Estimated Mortgage Balance
$234,748Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,578 /month
Positive
Cash Flow Estimate:
$526 /month

Interested in this property?

Lisa Carrillo

New Season Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$364/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,057
$218,000
2025
$45,000
$173,000
$218,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,057
$218,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Countrywide Home Loans Inc
Fha
$85,325
Yes
First
May 15, 2003
Jun 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$28,252
$234,748
89%
11%
$512/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$512/mo
+$1,508/mo
9.2%

City: Fort Worth

1416 Nelson Pl | Property Details | No Agent List