$220,000
956 E Ramsey Ave, Fort Worth, TX, 76104
$224,083 ARV
On Market
Property Lead Type:
Absentee OwnerVacant Homes
Highlights
Interior
AppliancesElectric Cooktop, Electric Oven, Microwave
FlooringHardwood, Tile
Exterior
Lot Size12,476 sqft
Building Information
Year Built1935
Stories1
Garage Spaces2
Land Information
APN36920----2---14---20
Lot Number14-15
SubdivisionRyan Southeast Addition
Land UseResidential
Legal DescriptionRYAN SOUTHEAST ADDITION BLOCK 2 LOT 14 & 15
Census Tract104505
Assessed Land Value$32,478
Assessed Improvement Value$114,698
Assessment Year2025
About this property
Single-story residence featuring 3 bedrooms, 2 bathrooms, 1 living area, and 1 dining area in Fort Worth. Situated on an urban residential lot with street infrastructure including asphalt roads, curbs, and sidewalks. Connected to full municipal utilities, including city water, city sewer, and electric services, with no active homeowners association.
Investor Tools
$170,766Estimated Mortgage Balance
$70,234Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$224,082
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,446 /month
Positive
Cash Flow Estimate:
$482 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$369/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,222
$147,176
2025
$32,478
$114,698
$147,176
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,222
$147,176
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$187,000
No
First
Feb 11, 2022
Mar 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,766
$70,234
29%
71%
$1,122/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,122/mo
+$805/mo
9.6%
