NOT LISTED FOR SALE

1316 Meriweather Ave Fort Worth, TX 76115

Morningside Park Neighborhood

Estimated Value: $190,000 - $230,448

2 Beds
1 Bath
1,433 Sq Ft
$148/Sq Ft Est. Value

Last Sold December 03, 2022

Current estimated payment $1,536/month

34 Days on Market

Highlights

  • 1-Story Property
  • High Speed Internet
  • Heating Available
  • Central Air

About This Home

As of December 2022

FINALLY!!! Duplex available for purchase. So hard to find in this market. Excellent investment opportunity for a seasoned investor or for the eager house hackers! Close to community, the city, and the great outdoors. 1316 Tenant is on lease till June 2023. 1318 Tenant recently vacated. Property has been maintained and managed and the sellers will provide receipts of all maintenance repairs upon request. Rent comps in the area average to be $1000 per month per side. Photos are of 1318 unit prior to last tenant lease.

Last Agent to Sell the Property

Gordon Firth

Hello Texas Realty License #0654284 Listed on: 09/30/2022

Last Buyer's Agent

John Barton

Fathom Realty License #0793061

Fathom Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,608

Year Built

  • Built in 1983

Lot Details

  • 7,884 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Shared Driveway

Schools

  • Benbrook Elementary School
  • Glencrest Middle School
  • Northside High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • 1,433 Sq Ft Building
  • Weisenberger Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 2
  • Assessor Parcel Number 05003601
  • $2,738 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,608

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 5000
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 135.38032
  • Attribution Contact: 214-727-1659
  • Special Features: None
  • Year Built: 1983

Interior Features

  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Appliances: Disposal, Electric Range

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Asphalt
  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air
  • Number Of Parking Spaces: 2
  • Parking Features: Concrete, Shared Driveway

Utilities

  • Heating: Electric
  • Utilities: Cable Available, City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Fort Worth ISD
  • Elementary School: Benbrook
  • Middle School: Glencrest
  • High School: Northside
  • School District: Fort Worth ISD
  • Elementary School: Benbrook

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.1810
  • Parcel Number: 05003601
  • Lot Size Acres: 0.1810
  • Lot Size Sq Ft: 7884.3600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1983
  • Units Total: 2
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 7000.00
  • Gross Annual Income: 12000.00
  • Insurance Expense: 750
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 2738
  • TaxBlock: 2
  • Tax Lot: 5

MLS Schools

  • Middle School Name: Glencrest
  • Elementary School Name: Benbrook
  • High School Name: Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2019
Sold by
Lett Dallas F and Lett Teresa L
Bought by
Kd45 Holdings Llc
Current Estimated Value
$208,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$21,133
Interest Rate
3.6%
Mortgage Type
Seller Take Back
Estimated Equity
$191,063
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kd45 Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kd45 Holdings Llc $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2022 12/03/22 Sold -- -- --
11/03/2022 11/03/22 Pending -- -- --
10/14/2022 10/14/22 Price Changed $210,000 -2.3% $147 / Sq Ft
10/12/2022 10/12/22 Price Changed $215,000 -2.3% $150 / Sq Ft
10/07/2022 10/07/22 Price Changed $219,995 -4.4% $154 / Sq Ft
09/30/2022 09/30/22 For Sale $230,000 -- $161 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,608 $205,352 $23,676 $181,676
2023 $4,500 $198,875 $23,676 $175,199
2022 $4,319 $166,151 $5,000 $161,151
2021 $2,794 $101,859 $5,000 $96,859
2020 $2,867 $108,316 $5,000 $103,316
2019 $3,003 $109,149 $5,000 $104,149
2018 $2,352 $85,498 $1,000 $84,498
2017 $2,130 $75,200 $1,000 $74,200
2016 $1,800 $63,527 $5,000 $58,527
2015 $1,365 $48,100 $5,000 $43,100
2014 $1,365 $48,100 $5,000 $43,100
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Gordon Firth

    Hello Texas Realty

    (214) 727-1659

    7 in this area

    29 Total Sales

    Section Image

  • J

    Buyer's Agent in 2022

    John Barton

    Fathom Realty

    (406) 260-0484

    1 in this area

    3 Total Sales

    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20176118

North Texas Real Estate Information Systems (NTREIS)

APN: 05003601

Texas Tarrant County Fort Worth 76115 Morningside Park

1316 Meriweather Ave, Fort Worth, TX

This home is located at 1316 Meriweather Ave, Fort Worth, TX 76115 since 30 September 2022 and is currently estimated at $212,612, approximately $148 per square foot. This property was built in 1983. 1316 Meriweather Ave is a home located in Tarrant County with nearby schools including Morningside Elementary School, Applied Learning Academy, and Polytechnic High School.

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