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$311,000

401 Center Ln, Fort Worth, TX, 76140

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,497 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.75 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Dishwasher, Electric Range, Electric Water Heater
FlooringCarpet, Linoleum, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size36,743 sqft

Building Information

Year Built1956
Stories1
Garage Spaces2

Land Information

APN44370----9----1---20
Lot Number1-2
SubdivisionValley Ridge Addition
Land UseResidential
Legal DescriptionVALLEY RIDGE ADDITION BLOCK 9 LOT 1 & 2
Census Tract111317
Assessed Land Value$80,142
Assessed Improvement Value$173,318
Assessment Year2025

About this property

Welcome to this charming home situated on a spacious corner lot in the highly desirable Mansfield ISD. Enjoy the fresh paint and new carpet, complemented by beautiful hardwood flooring in two bedrooms, the dining room, and the kitchen. The open-concept living, dining, and kitchen area is perfect for both relaxing and entertaining, featuring a double oven for the home chef. Step outside to a large wood deck, ideal for gatherings, and take advantage of a versatile carport that could be used as a workshop in the backyard. Green thumbs will appreciate the raised garden beds and chicken coop, while the entire backyard is enclosed with a wood stockade fence and accessed by a convenient slide gate. The property sits on two lots totaling .84 of an acre, offering plenty of space and privacy, just five miles from I35W for an easy commute. Put this one on your list to see!

Investor Tools

$156,880Estimated Mortgage Balance
$157,120Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,884 /month
Positive
Cash Flow Estimate:
$628 /month

Interested in this property?

Tony Willis

Wethington Agency

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$305/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,087
$253,460
2025
$80,142
$173,318
$253,460
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,087
$253,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Fha
$117,826
Yes
First
Jul 18, 2016
Aug 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,880
$157,120
50%
50%
$1,097/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,510/mo
$1,097/mo
+$413/mo
5.8%

City: Fort Worth

401 Center Ln | Property Details | No Agent List