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$175,000

2701 Galemeadow Dr, Fort Worth, TX, 76123

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,364 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.3 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesLighting, Private Yard, Rain Gutters
Lot Size6,380 sqft

Building Information

Year Built1986
Stories1
Garage Spaces2

Land Information

APN25405-34-9
Lot Number9
SubdivisionMeadow Creek #1 Addition
Land UseResidential
Legal DescriptionMEADOW CREEK #1 ADDITION BLOCK 34 LOT 9
Census Tract111025
Assessed Land Value$35,000
Assessed Improvement Value$183,118
Assessment Year2026

About this property

Investors, take a look at this opportunity in South Fort Worth! This 3-bedroom, 2-bath home with a 2-car garage is ready for a significant remodel and priced with the work in mind. The property needs attention both inside and out, but offers a solid starting point for someone ready to take on a project. Inside, the living room features vaulted ceilings, plenty of natural light, and a fireplace that could become an attractive centerpiece with the right updates. The spacious kitchen offers room to rethink the layout and finishes, while the primary bathroom already includes dual vanities. Located in Crowley ISD, the home offers convenient access to multiple major highways, making it easy to reach shopping, dining, entertainment, and Downtown Fort Worth. With a practical floor plan and plenty of room for improvement, this property is an opportunity for an investor looking to bring new life to a home.

Investor Tools

$50,030Estimated Mortgage Balance
$198,211Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

Interested in this property?

Todd Tramonte

Market Experts Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$341/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,855
$218,118
2026
$35,000
$183,118
$218,118
No

Tax History

Year
Tax Paid
Assessed Value
2026
$2,855
$218,118

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of Texas Na
Fha
$85,424
Yes
First
Dec 30, 2009
Jan 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$50,030
$197,970
79%
20%
$513/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$513/mo
+$2,837/mo
16.2%

City: Fort Worth