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Fort Worth 76103 West Meadowbrook
4555 Martha Lane
$295,000
● House - Off Market

4555 Martha Lane

Fort Worth, TX 76103
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,500 Ft²
$288,886
RealtyHop Estimate
-3.38%
Since Aug 1, 2022
TX-Dallas
Primary Model

About This Property

Charming home with tons of updates and a large park like lot. Complete front and back sprinkler system for the plush St. Augustine grass. Some vintage designs remain, but the kitchen and both bathrooms have been updated. Original hard wood floors. The roof is 1 year old, HVAC is less than 5 years old, recently replaced dishwasher and a leaf guard system installed. There is also a large outdoor store room and a remote controlled privacy gate.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$199
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1942

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 3 years ago (NTREIS #20062135)

Price History

Date / Event Date Event Price
Jul 18, 2022 Sold
Premium
Sold
May 19, 2022 Listed by Ebby Halliday, REALTORS $299,000
Listed by Ebby Halliday, REALTORS

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 386
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,725
  • Total Building Area: 1,570
  • Gross Building Area: 1,570
  • Building Area: 1,570
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,570
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MOUNT VERNON HEIGHTS ADDITION
  • Land Acres: 0000000246
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A
  • Legal Description 1: MOUNT VERNON HEIGHTS ADDITION BLOCK 2 LOT 7

Neighborhood

  • School District Name: Fort Worth Independent School District
  • School Tax School District: FORT WORTH
  • Census Tract: 101401

Geography

  • Assessors Map Reference: 79-A
  • Account Number: 01827022
  • District: 026
  • Parcel: 01827022
  • Block: 2
  • Lot: 7
  • Municipality: FORT WORTH
  • Latitude: 32.7476
  • Longitude: -97.2547

    Address

  • Full Address: 4555 Martha Ln
  • Address - House Number: 4555
  • Address - Street Name: Martha
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Fort Worth
  • Carrier Code: C008
  • 4-Digit Zip Code: 2737
  • Zip Code: 76103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $577,476
  • Tax Rate Code Area: 905

    Appraisal Valuation

  • Standard Deviation: 0.223
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 69
  • Final Value: 300,811
  • High Value: 367,906
  • Low Value: 233,717

    Market Valuation

  • Market Total Value: $255,207
  • Market Land Value: $30,725
  • Market Improvement Value: $224,482

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $255,207
  • Assessed Land Value: $30,725
  • Assessed Improvements Value: $224,482

    Sales

  • Current Sale Contract Date: Jul 18, 2022
  • Current Sale Recording Date: Jul 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 181273
  • Previous Sale Recording Date: Jul 26, 2016
  • Previous Sale Contract Date: Jul 25, 2016
  • Previous Sale Amount: $102,500
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About West Meadowbrook

Stats & Trends

Median Asking:

$235,000

Sale Price/ft²

$166

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1336 ft²

Average Home Age

85.6 years

Currently For Sale

18 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 5147 Chapman Street, Fort Worth, TX, 76105

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,564 ft²
5147 Chapman Street, Fort Worth, TX, 76105 Listing by Karla Ochoa
Unit for rent at 816 Havenwood Lane S, Fort Worth, TX, 76112

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 2,233 ft²
816 Havenwood Lane S, Fort Worth, TX, 76112 Listing by Dorita Grimaldi

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Cheryl Wilbur, Ebby Halliday, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20062135
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 4555 Martha Lane built and last sold?
The property at 4555 Martha Lane was built in 1942 and last sold on Jul 18, 2022 for $292,552.
How much is this home worth?
The estimated value of the home located at 4555 Martha Lane is $0.
What are some comparable homes to 4555 Martha Lane?
There are currently no comparable homes to 4555 Martha Lane.
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