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$550,000

Beds
4
Baths
4.0
sq ft
2,726

2840 Travis Ave, Fort Worth, TX 76110

2840 Travis Ave

Fort Worth, TX 76110

  • 46 days on market
    • Price drop $25,000↓
Looking for your next turn-key investment or house hacking opportunity? Don’t miss this beautiful recently transformed bungalow duplex in South Hemphill Heights with limitless revenue possibilities! Highly desirable location with easy access to downtown Fort Worth, the medical district, Magnolia Avenue, as well as 6 minutes away from TCU! The first-floor unit has 3 bedrooms, 3 baths. Second floor unit has 1 bedroom, 1 bath. The smaller unit would make a perfect in-law suite, or student apartment. Updates include a neutral color palette with vinyl plank flooring throughout, NEW stainless-steel appliances, NEW windows, all NEW HVAC units, and so much more! Upstairs unit is being sold furnished and currently leased out until August 2024.

Details

Property type

Single Family Residence

Lot size

7,492.32 sq ft

Price per sq ft

$202

Year built

1918

Annual property taxes

$10,221

Price History

06/24/2024
NTREIS

NTREIS #20624619

Price change
$550,000
-4.35%
05/22/2024
NTREIS

NTREIS #20624619

Listed
$575,000
05/17/2024
NTREIS

NTREIS #20620641

Removed

Schools & Community

Neighborhood: 

South Hemphill Heights

Elementary school: 

Daggett

Middle school: 

Daggett

High school: 

Paschal

School district: 

Fort Worth ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$193,468
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$312,532
Cash to seller
$193,468

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Ocmbc Inc

Loan start date

September 2023

Original loan amount

$315,000

Est. remaining balance

$312,532

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Lionshare Development Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/07/2024 at 10:05 PM

Listing updated: 06/24/2024 at 11:24 AM

Listed by: Micaela Mead, Reside Real Estate LLC Phone #: (817) 484-4345

MLS: NTREIS #20624619

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