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$495,000

1728 5th Ave, Fort Worth, TX, 76110

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths1,887 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$262.32 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Gas Range, Gas Water Heater, Plumbed For Gas
FlooringCombination, Hardwood, Luxury Vinyl Plank

Exterior

Lot Size6,996 sqft

Building Information

Year Built1926
Stories1
Garage Spaces2

Land Information

APN13520----7---17---20
Lot Number17-18
SubdivisionFairmount Addition
Land UseResidential
Legal DescriptionFAIRMOUNT ADDITION BLOCK 7 LOT 17 & 18
Census Tract104100
Assessed Land Value$154,000
Assessed Improvement Value$295,436
Assessment Year2025

About this property

A rare find in Fort Worth's beloved Historic Fairmount District! Bursting with character, charm, and incredible versatility, this rare property offers THREE distinct living spaces, including a 2-bedroom, 2-bath main residence, an attached 1-bedroom, 1-bath guest suite within the main dwelling, PLUS a separate detached accessory dwelling unit! Just a short stroll from the vibrant restaurants, coffee shops, boutiques, and entertainment along Magnolia Avenue, this one-of-a-kind opportunity combines historic charm with exceptional flexibility. The main residence welcomes you with an inviting covered front porch, beautiful hardwood floors, tall ceilings, abundant natural light, and timeless architectural details that reflect the character of this treasured neighborhood. Two additional living quarters offer endless possibilities for multigenerational living, extended guests, private workspaces, or potential rental income. Both additional units are currently vacant, allowing the next owner to explore the possibilities from day one! Zoned C - Medium Density Multifamily, this property offers an added layer of versatility in an already exceptional location. Significant improvements include a Class 4 impact-resistant roof, replacement of the main sewer line from the house to the alley, updated composite side porch decking, automatic irrigation system, and replacement of the exterior A-C unit, and more. With its unique configuration, thoughtful improvements, and unbeatable proximity to Magnolia Avenue, this is a rare opportunity to own a truly distinctive piece of Fairmount with room to live, host, and explore income-producing possibilities!

Investor Tools

$179,964Estimated Mortgage Balance
$358,036Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,228 /month
Positive
Cash Flow Estimate:
$1,076 /month

Interested in this property?

Michelle Stum

Briggs Freeman Sotheby's Int'l

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$609/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,613
$449,436
2025
$154,000
$295,436
$449,436
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,613
$449,436

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Origin Bank
Conventional
$206,800
No
First
Aug 18, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,964
$358,036
66%
33%
$929/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$929/mo
+$998/mo
4.3%

City: Fort Worth