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$524,900

For Sale - Active
3100 W 7th St Apt 719, Fort Worth, TX 76107
1 Bed
2 Baths
1,365 Square Feet
0.00 Acres Lot
Built in 2008
For Sale - Active
Units n/a
Checked: 23 hours ago
Updated: Jun 14, 2025 at 03:28AM

Investment Summary


Potential Missing Expenses

We noticed that property taxes are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
-$1,000
Cap Rate
3.4%
Cash-on-Cash Return
-9.9%
Debt Coverage Ratio
0.60
Internal Rate of Return (5 years)
-5.6%

Property Description


0.00 Acres Lot
Built in 2008
For Sale - Active
Units n/a

Welcome to this stunning 1,365 sq ft condo featuring 1 to possibly 2 bedrooms both with full ensuite baths - a primary suite with ensuite bath and a versatile second room—perfect as a guest room, home office, or cozy den. Located in the heart of Fort Worth’s vibrant cultural district. Perched on the 7th floor, Step into an open-concept living, kitchen, and dining space, all freshly updated with new carpet throughout, and enjoy breathtaking views of downtown Fort Worth and West 7th Street. Watch Fourth of July fireworks and the magical glow of downtown Christmas lights from your own private large balcony or the comfort of your living room. Live just steps away from some of Fort Worth’s best attractions—world-class museums, renowned restaurants, local shops, and fitness centers—with the walkable charm of the Monticello neighborhood nearby for peaceful strolls. Community Highlights at One Museum Place: Rooftop pool, spa, and grill area, Outdoor fireplace and conversation area, Spacious club room with balcony and direct views of The Modern Art Museum, Fitness room. Boutique community with only 23 exclusive residences, This is a rare opportunity to own in one of Fort Worth’s most coveted luxury condo buildings. Don’t miss your chance to experience refined urban living with unbeatable views and premier amenities.

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Location


Property Details


Parking

  • Description: AdditionalParking, Assigned, Common, Covered, Garage, Other
  • Details: Additional Parking, Assigned, Common, Community Structure, Concrete, Covered, Deeded, Electric Gate, Garage Door Opener, Inside Entrance, Attached
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 1

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 8
  • # of Stories: 8

Exterior Features

  • Foundation: Other
  • Roof Material: Other
  • Pool Community: Yes

HOA

  • Has HOA: Yes
  • Association: See Agent
  • HOA Fee: $655/monthly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Condominium Unit

Lot Information

  • Parcel ID: 31178C719
  • Lot Size: 0 sqft

Property Information

  • Property Type: Condominium
  • Style: Contemporary/Modern, Traditional
  • Year Built: 2008

Tax Information

  • Annual Tax: $0

Utilities

  • Water & Sewer: Public
  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Location

  • County: Tarrant

Listing Details


Listed by:
Karen Hunn
Williams Trew Real Estate
(817) 229-0932

Source:
North Texas Real Estate Information Systems (NTREIS)
MLS#: 20902576
North Texas Real Estate Information Systems (NTREIS)

Investment Summary


Potential Missing Expenses

We noticed that property taxes are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
-$1,000
Cap Rate
3.4%
Cash-on-Cash Return
-9.9%
Debt Coverage Ratio
0.60
Internal Rate of Return (5 years)
-5.6%

Purchase Details

Find an Agent

Purchase price:
$524,900
Amount financed:
-$419,920
Down payment:
$104,980
Closing costs:
$15,747
Rehab costs:
$0
Initial cash invested:
$120,727
Square feet:
1,365
Cost per square foot:
$385
Monthly rent per square foot:
$2.27

Financing Details

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Loan amount:
$419,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$2,484
Property tax:
$0
Insurance:
$217
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,701

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$3,100 $37,200
Vacancy loss: (6%)
6% -$186 -$2,232
Operating income:
$2,914 $34,968

Operating Expenses


% Rent Monthly Yearly
Property taxes: (n/a)
n/an/an/a
Insurance: (7%)
7%-$217-$2,604
Property management: (8%)
8%-$248-$2,976
Repairs & maintenance: (5%)
5%-$155-$1,860
Capital expenditures: (5%)
5%-$155-$1,860
HOA fees: (21%)
21%-$655-$7,860
Total operating expenses: (46%)
46%-$1,430-$17,160

Cash Flow


Monthly Yearly
Net operating income:
$1,484 $17,808
Mortgage payments:
-$2,484 -$29,808
Cash flow:
$1,000 $12,000