NOT LISTED FOR SALE

Estimated Value: $57,676 - $91,000

0.23 Acre
$312,111 Price per Acre
9,801 Sq Ft Lot

Last Sold December 01, 2023

Current estimated payment $399/month

251 Days on Market

About This Lot

As of December 2023

Duplex Development Opportunity near Lancaster Ave! Unimproved land totaling to 0.23 Acres just waiting to be developed. Property is located within the City of Fort Worth's Neighborhood Empowerment Zone (NEZ) that offers incentives such as building permit fee waivers and municipal property tax abatements are granted to developers proposing new construction projects. Near cultural district, 15 minute drive to Texas Christian University, and 5 minute drive to Texas Wesleyan University.

Last Agent to Sell the Property

Andrew Neumann

Compass RE Texas, LLC Brokerage Phone: 925-999-5135 License #0795125 Listed on: 02/22/2023

Compass RE Texas, LLC

Last Buyer's Agent

Andrew Neumann

Compass RE Texas, LLC Brokerage Phone: 925-999-5135 License #0795125 Listed on: 02/22/2023

Compass RE Texas, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $330

Lot Details

  • 9,801 Sq Ft Lot
  • Cul-De-Sac
  • Corner Lot
  • Zoning described as "B" TWO-FAMILY RESIDENTIAL

Schools

  • Sagamorehi Elementary School
  • Jean Mcclung Middle School
  • Dunbar High School

Community Details

  • Karnes Sub Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 01475835
  • $65 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$330

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: None
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Attribution Contact: 925-999-5135
  • Special Features: None

Exterior Features

  • Easements: Other

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Zoned

Schools

  • School District: Fort Worth ISD
  • Elementary School: Sagamorehi
  • Middle School: Jean Mcclung
  • High School: Dunbar
  • School District: Fort Worth ISD
  • Elementary School: Sagamorehi

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Corner Lot, Cul-De-Sac
  • Lot Size Units: Acres
  • Lot Size Area: 0.2250
  • Parcel Number: 01475835
  • Lot Size Acres: 0.2250
  • Lot Size Sq Ft: 9801.0000
  • Zoning Description: "B" TWO-FAMILY RESIDENTIAL

Tax Info

  • Unexempt Taxes: 65
  • Tax Lot: 14

MLS Schools

  • Middle School Name: Jean Mcclung
  • Elementary School Name: Sagamorehi
  • High School Name: Dunbar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Dec 6, 2023
Sold by
4732 Virginia Lane
Bought by
Reyes Cynthia
Seller's Agent
Andrew Neumann
Compass RE Texas, LLC
Buyer's Agent
Andrew Neumann
Compass RE Texas, LLC
List Price
$70,000
Views
126
Current Estimated Value
$70,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$44,000
Outstanding Balance
$33,208
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$37,017

Purchase Details

Listed on
Jul 21, 2020
Closed on
Nov 16, 2020
Sold by
Reta Oziel Hernandez
Bought by
Perez Familly Builders Llc
Seller's Agent
Dina Morales
OnDemand Realty
Buyer's Agent
Lara Newman
HomeSmart
List Price
$20,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.36%

Purchase Details

Listed on
Jul 21, 2020
Closed on
Nov 14, 2020
Sold by
Reta Oziel Hernadez
Bought by
Perez Familu Builders Llc
Seller's Agent
Dina Morales
OnDemand Realty
Buyer's Agent
Lara Newman
HomeSmart
List Price
$20,000

Purchase Details

Closed on
Mar 25, 2020
Sold by
Navarro Jose
Bought by
Reta Oziel Hernandez
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
Reyes Cynthia -- Fidelity National Title
Perez Familly Builders Llc -- Texas Title
Perez Familu Builders Llc -- Texas Title Company
Reta Oziel Hernandez -- Superior Abstract And Title
Navarro Jose -- Superior Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Cynthia $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold -- -- --
08/30/2023 08/30/23 Price Changed $65,000 -7.1% --
02/22/2023 02/22/23 For Sale $70,000 +250.0% --
11/16/2020 11/16/20 Sold -- -- --
07/31/2020 07/31/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $20,000 -- --
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
2025 $330 $14,722 $14,722 --
2024 $330 $14,722 $14,722 --
2023 $333 $14,722 $14,722 $0
2022 $65 $2,500 $2,500 $0
2021 $69 $2,500 $2,500 $0
2020 $66 $2,500 $2,500 $0
2019 $69 $2,500 $2,500 $0
2018 $69 $2,500 $2,500 $0
2017 $28 $1,000 $1,000 $0
2016 $28 $1,000 $1,000 $0
2015 $23 $800 $800 $0
2014 $23 $800 $800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20264289

North Texas Real Estate Information Systems (NTREIS)

APN: 01475835