• Foreclosure Property in Fort Worth TX

    Deal of the Day: Foreclosure Property in Fort Worth, TX

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    Foreclosure Property in Fort Worth TX Property Photo

    Property Information:

    Location:  Fort Worth, TX
    List Price: $95,000
    Bed/Bath: 3/2.0

     

     

    MLS Deal Finder Proprietary Estimates:

    MLS Deal Finder Estimated Price:                      $163,283   
    MLS Deal Finder Estimated Discount:                $68,283   
    MLS Deal Finder Estimated Discount %:           41.82%
    MLS Deal Finder Monthly Lease:                       $1,358   
    MLS Deal Finder Rental Index :                           1.43 

    Detailed Analysis:

    This Foreclosure Property in Fort Worth TX was just listed today and we immediately picked it up.

    Sold Comps:

     

    MLS Deal Finder has found 3 Sold comps for this foreclosure property in fort worth tx.  All these 3 Sold comps are in the same subdivision and school district of the subject property.  As you can see, these comps are all in the $90/sqft range; based on these 3 Sold comps, which have an average $/sqft of $94.77 USD, this foreclosure property is priced significantly lower than its retail market value.

    Based on the available photos, the potential profit of $68,283 certainly makes this property a very remarkable flip opportunity for an investor looking for a large margin.

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    Rental Comps

     

    This foreclosure property in Forth Worth TX has 3 Rental Comps for the property in the same subdivision and school district.  Based on the 3 Rental Comps, which have an average $/sqft of $0.77, we estimated the monthly lease to be $1,358. Its Rental Index of 1.43 certainly makes it a great Rental Income Property.

    Learn about rental index and how to analyze rental income properties: rental income properties

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    The average DOM of the Sold Comps is just 8 days. Based on these 3 Sold Comps, houses in this area are being sold in less than 2 weeks - you need to act as soon as possible to capture this opportunity.

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    Property Details

    Foreclosure property in Fort Worth TX

    One-story brick home in traditional style. Pool in back yard. Wrap-around kitchen with tons of built-in storage throughout the home.

    Features

    • Property Type: Single Family Home
    • Sub Type: Single Family
    • Listing Status: Active
    • Listing Price: $95,000
    • County/Area: Tarrant County
    • Zip Code: 76133
    • Year Built: 1957
    • Subdivision/Neighborhood: South Hills Add
    • School District: Fort Worth ISD
    • Elementary School: Southhills
    • Middle School: Wedgwood
    • High School: Southhills
    • Sq.Ft.: 1,723 sq ft
    • Stories: 1
    • Bedrooms: 3
    • Baths (full): 2
    • Total Baths: 2.00
    • Garage: 2-Car
    • # of Parking Spaces: 2
    • Lot Size: Less Than .5 Acre (Not Zero)
    • Lot SqFt: 10018.8
    • Pool or Spa: In Ground Gunite
    • Area: FW-CENTRAL WEST & SOUTHWEST(TCU) (107), KELLIS PARK, WILSHIRE (19)
    • Building Area Source: Tax
    • Construction Materials: Brick
    • Flooring: Carpet, Vinyl
    • Foundation Details: Slab
    • Heating: Central Air-Elec, Central Heat-Elec, Central Heat-Gas
    • Interior Features: Cable TV Available, Other
    • Lot Number: 16
    • Lot Size Area SQFT: 9975.24
    • Lot Size Units: Acres
    • Number Of Dining Areas: 1
    • Number Of Living Areas: 1
    • Parking Features: Attached, Front, Garage Conversion
    • Roofing: Composition
    • Structural Style: Single Detached
    • Utilities: City Sewer, City Water
    • Year Built Details: Preowned

     

    Get this GEM before it’s gone!  Click on the link below for the address of this property.

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    Please reference "Foreclosure Property in Fort Worth TX".

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