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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: 20 hours ago
Updated: Jun 10, 2025 at 03:58AM

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

Stunning Condo with Skyline Views in the Heart of Fort Worth Experience elevated city living with breathtaking views of downtown Fort Worth and the vibrant energy of West 7th Street—all from the comfort of your own private balcony. This beautifully designed open-concept condo features floor-to-ceiling windows that bathe the kitchen, dining, and living areas in natural light, creating a warm and welcoming atmosphere perfect for relaxing or entertaining. The spacious primary suite offers a luxurious ensuite bath, while a versatile bonus room with its own full bath can easily serve as a guest room, home office, or personal retreat. Step outside and find yourself just moments away from Fort Worth’s most iconic cultural and entertainment destinations, including the Kimbell Art Museum, Dickies Arena, and popular dining spots like Eddie V’s, Blue Sushi, and World of Beer. From Fourth of July fireworks to festive downtown holiday lights, you’ll enjoy front-row seats to the city’s most memorable moments—without ever leaving home. Luxury Amenities Include: Rooftop pool and spa with panoramic skyline views, State-of-the-art fitness center, Stylish residents’ lounge with entertainment kitchen, Pet-friendly community with dedicated dog area, Secure, covered parking. Live at the crossroads of culture, comfort, and convenience—this is Fort Worth city living at its finest.

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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