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$219,000

1613 Colvin St, Fort Worth, TX, 76104

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths758 Sq Ft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available

Exterior

Lot Size15,429 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN40830-9
SubdivisionSunrise Park Addition
Land UseResidential
Legal DescriptionSUNRISE PARK ADDITION BLOCK 9
Census Tract103800
Assessed Land Value$35,432
Assessed Improvement Value$50,885
Assessment Year2025

About this property

FANTASTIC opportunity to buy 3 side by side lots in a part of Fort Worth where new construction houses are reshaping the neighborhood. 1605, 1609, 1613 Colvin Ave are available for sale. The lots are 7,784~ 9,293 Sqft which are bigger than other new construction lots in the area which are typically only 4,000~5,500 SQFT. So the demand will be strong once the new builds are in the market and ARV will be the strongest. EVERYBODY wants a house on a bigger lot in Fort Worth! Water meter is on site, water and sewer tap ins are at the front of the lot. Old house was demolished and demolition permits were closed with the city on January 5, 2026. Ideal is to build 1,500 SQFT houses targeting $305k ARV, the ARV is adjusted to current market pricing and conditions. Or potential to hold for appreciation as such ready to build side by side lots are hard to find in this area. 3 custom plan sets drawn up by a local architect, stamped by the engineer are also available on request from the seller. These 1,500 Sqft house plan sets are tailored with customizations to sell the new builds at top price due to having multiple added value over comps, such as bigger lots, two car garage and 500k+ ARV style design and layout.

Investor Tools

$0Estimated Mortgage Balance
$158,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,314 /month
Positive
Cash Flow Estimate:
$438 /month

Interested in this property?

Emil Wahab

Skyline Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$223/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,890
$86,317
2025
$35,432
$50,885
$86,317
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,890
$86,317

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$158,000
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
14.6%

City: Fort Worth

1613 Colvin St | Property Details | No Agent List