$175,000

1205 E Richmond Ave Fort Worth, TX 76104

Mitchell Boulevard Neighborhood

Estimated payment $1,148/month

Total Views 11,829
3 Beds
2 Baths
1,260 Sq Ft
$139 Price per Sq Ft

Highlights

  • 8 Car Attached Garage
  • Luxury Vinyl Plank Tile Flooring
  • Drive Through
  • 1-Story Property
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

Fully remodeled duplex located just minutes from downtown Fort Worth. A fantastic investment opportunity — one unit is already rented, providing immediate cash flow! This property features a total of 3 bedrooms and 2 bathrooms, offering flexibility for investors or owner-occupants looking to live in one unit and lease the other. The spacious lot allows for future enhancements such as covered parking, storage, or outdoor living areas. Property is being sold AS-IS and will qualify for conventional or cash only. Don’t miss this chance to own in a prime location.

Listing Agent

Massiel Jimenez

Only 1 Realty Group LLC Brokerage Phone: 214-560-0422 License #0821241 Listed on: 06/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,341

Year Built

  • Built in 1928

Lot Details

  • 7,187 Sq Ft Lot

Parking

  • 8 Car Attached Garage
  • Drive Through
  • Additional Parking
  • Assigned Parking

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Electric Oven
  • Electric Cooktop

Flooring

  • Laminate
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Carrollpea Elementary School
  • Polytechni High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 29 / 47
  • Assessor Parcel Number 01244809

Community Details

Overview

  • 2 Units
  • 1,260 Sq Ft Building
  • Highland Park Add Subdivision

Building Details

  • Gross Income $36,000
  • Net Operating Income $32,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,341

Year Built

Built in 1928

Lot Details

0

Parking

8

Listing Details

  • OWNERNAME: FERCO GENERAL CONTRACTING LLC
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 214-560-0422
  • CapRate: 18.29
  • Co List Office Mls Id: O1RG01C
  • Special Features: VirtualTour
  • Year Built: 1928

Interior Features

  • Interior Amenities: High Speed Internet, Cable TV
  • Flooring: Laminate, Luxury Vinyl Plank
  • Appliances: Electric Cooktop, Electric Oven

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Roof: Shingle
  • Construction Materials: Wood Siding
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s)
  • Garage Spaces: 8.0
  • Parking Features: Additional Parking, Assigned, Drive Through
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric
  • Utilities: Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Carrollpea
  • High School: Polytechni
  • Junior High Dist: Fort Worth ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.165
  • Parcel Number: 01244809
  • Lot Size Acres: 0.165
  • Lot Size Sq Ft: 7187.4

Building Info

  • Year Built: 1928
  • Units Total: 2

Multi Family

  • Insurance Expense: 4500.0
  • Annual Gross Income: 36000.0
  • Property Net Operating Income: 32000.0

Tax Info

  • TaxBlock: 47
  • Tax Lot: 29
  • Tax Annual Amount: 2341.0

MLS Schools

  • MiddleOrJuniorSchool: Monnig

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
2024 $2,341 $104,322 $21,600 $82,722
2023 $2,324 $102,707 $21,600 $81,107
2022 $2,101 $80,811 $5,000 $75,811
2021 $1,407 $51,279 $5,000 $46,279
2020 $929 $35,114 $5,000 $30,114
2019 $987 $35,892 $5,000 $30,892
2018 $729 $26,491 $1,000 $25,491
2017 $673 $23,754 $1,000 $22,754
2016 $545 $19,234 $1,000 $18,234
2015 -- $20,700 $1,000 $19,700
2014 -- $20,700 $1,000 $19,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 For Sale $175,000 +94.4% $139 / Sq Ft
12/15/2021 12/15/21 Sold -- -- --
12/01/2021 12/01/21 Pending -- -- --
11/28/2021 11/28/21 For Sale $90,000 -- $71 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Wfg National Title Insurance C
Warranty Deed $26,084 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $513,000 New Conventional
Previous Owner $10,000 Unknown
Source: Public Records

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20985879

North Texas Real Estate Information Systems (NTREIS)

APN: 01244809

Texas Tarrant County Fort Worth 76104 Mitchell Boulevard

1205 E Richmond Ave, Fort Worth, TX

This home is located at 1205 E Richmond Ave, Fort Worth, TX 76104 and is currently priced at $175,000, approximately $138 per square foot. This property was built in 1928. 1205 E Richmond Ave is a home located in Tarrant County with nearby schools including Carroll Peak Elementary School, Morningside Middle School, and Polytechnic High School.

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North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

Nearby Homes
Listing Agent
Massiel Jimenez
Section Image
Only 1 Realty Group LLC
(682) 688-3049