2723 Avenue E
About This Property
modern updates! Situated in Fort Worth near Texas Wesleyan, this unique property includes a 4-
bedroom main home and a detached, fully remodeled 308 sq. ft. Accessory Dwelling Unit
-ADU. The main house has 4 bedrooms and 3 full bathrooms. Upstairs, you'll find 2 cozy
carpeted bedrooms and a full bath, while downstairs boasts the primary en suite bedroom, a
second bedroom at the back of the home, a hallway-access full bath, a spacious family room, and
a large kitchen with access to a covered backyard deck. Recent updates include a new roof, pier and beam foundation repairs, new PEX plumbing, fresh interior-exterior paint, luxury vinyl plank
flooring, and modern fixtures throughout. The detached AdU offers a combination
bedroom-living area, kitchenette with stainless steel appliances, full bathroom, and updated
finishes, making it perfect for multigenerational living, a rental opportunity, or an Airbnb. The
property also features a covered front porch, a spacious backyard, and patios for relaxing or
entertaining. Don't miss this turnkey opportunity to own a historic yet modernized home with
endless potential!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2025 | Sold | ||
| Sold | |||
| Jan 9, 2025 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | Listed by eXp Realty LLC | $265,000 | |
| Listed by eXp Realty LLC | |||
| Oct 31, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Oct 14, 2024 | Price Decreased |
$272,000
↓ $8K
(2.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017