tomo logo

$1,600,000

Beds
10
Baths
7.0
sq ft
3,447

404 Monticello Dr, Fort Worth, TX 76107

404 Monticello Dr

Fort Worth, TX 76107

  • 12 days on market
Welcome to 404 Monticello Drive, a rare investment opportunity in the heart of Monticello. This expansive property boasts 10 bedrooms and 7 bathrooms, offering a wealth of potential for great rental income and long-term value. The main building is full of character and is home to 2 units totaling 7 bedrooms. The remaining 3 one-bedroom units are located in the adjacent 4th Street building. All units are generously sized and have been completely updated. Step outside to discover a beautifully landscaped yard w mature trees on the expansive corner lot. The location offers convenient access to many restaurants, hotels and is within walking distance to UNT Medical campus. Strategically situated for immediate rental income and long-term appreciation, this property presents an exceptional opportunity for investors and homeowners alike. Expand your investment portfolio or establish a lasting residence, 404 Monticello Drive offers the perfect vehicle for your ambitions.

Details

Property type

Est. home value

$1,003,991

Lot size

0.34 acres

Price per sq ft

$465

Year built

1941

Annual property taxes

$14,501

Price History

06/25/2024
NTREIS

NTREIS #20652089

Listed
$1,600,000
11/28/2022
NTREIS

NTREIS #20110854

Removed

Schools & Community

Neighborhood: 

Monticello

Elementary school: 

N Hi Mt

Middle school: 

Stripling

High school: 

Arlngtnhts

School district: 

Fort Worth ISD

Seller’s Loan History

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

Lender

Family 1St Of Texas Fcu

Loan start date

November 2022

Original loan amount

$1,050,400

Est. remaining balance

Not provided

Interest rate

6.92%

Loan type

Commercial

Seller

Fort Flosi Ventures 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?

Status: Active

Tomo last checked: 07/07/2024 at 5:55 PM

Listing updated: 06/26/2024 at 3:14 AM

Listed by: Ted Olsen, Compass RE Texas, LLC Phone #: (214) 814-8100

MLS: NTREIS #20652089

NTREIS logo

Recently listed in Fort Worth