$250,000

Estimated payment $1,616/month

Total Views 3,338
0.31 Acre
$809,061 Price per Acre
13,460 Sq Ft Lot

Highlights

  • Corner Lot
  • Central Heating and Cooling System
  • Many Trees
  • Covered patio or porch
  • Wood Fence
  • Back Yard

About This Lot

When it comes to making a smart real estate investment, few opportunities compare to purchasing property in a historic neighborhood. This rings especially true for buyers eyeing the perfect spot across from an elementary school—a location that offers both convenience and charm. Whether you're looking to rent or renovate, the possibilities are endless. Historic neighborhoods offer a unique blend of character and stability, making them ideal for long-term investments. If you're considering buying such a property, you have the option to either rent it out as-is or embark on a renovation journey to maximize its potential. One particularly enticing option is the possibility of tearing down an existing structure to build your dream home. Imagine creating a custom-built house tailored to your tastes while maintaining the neighborhood's aesthetic integrity. This not only enhances your living experience but also significantly increases the property's market value. For those who prefer a more hands-off approach, renting out the property is an excellent alternative. Proximity to an elementary school makes it highly desirable for families, ensuring consistent rental income. The demand for rental homes in good school districts remains strong, providing a stable return on investment. Moreover, investing in such properties opens up numerous possibilities beyond just renting or renovating. You could explore options like converting the space into multi-family units or even commercial use, depending on zoning laws and market demand.
In conclusion, purchasing property in a historic neighborhood across from an elementary school offers multiple avenues for profit and personal satisfaction. Whether you choose to rent out the existing structure or tear it down to build your dream home, this investment promises significant returns and endless possibilities. So why wait? Dive into this opportunity and watch your investment flourish!

Listing Agent

Sarah Sewell

Engel & Völkers Fort Worth Brokerage Phone: 817-891-2247 License #0499748 Listed on: 06/23/2025

Engel & Völkers Fort Worth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,782

Year Built

  • Built in 1920

Lot Details

  • 0.31 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Corner Lot
  • Many Trees
  • Back Yard
  • Zoning described as : A-5: Single-Family Residential - Single-family

Schools

  • Mendoza Elementary School
  • Northside High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 11 / 72
  • Assessor Parcel Number 01904833

Community Details

Overview

  • North Fort Worth Subdivision

Recreation

  • Covered patio or porch

Property Details

Property Type

Land

Est. Annual Taxes

$2,782

Year Built

Built in 1920

Lot Details

0

Listing Details

  • OWNERNAME: Mercado
  • Property Type: Land
  • Property Sub Type: Improved Land
  • Attribution Contact: 817-891-2247
  • Co List Office Mls Id: ROXTAY05
  • Special Features: VirtualTour

Exterior Features

  • Community Features: Curbs
  • Fencing: Chain Link, Wood
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air

Utilities

  • Sewer: Public Sewer
  • Heating: Central
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Available, Separate Meters, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Mendoza
  • High School: Northside
  • Junior High Dist: Fort Worth ISD

Lot Info

  • Lot Features: Back Yard, Corner Lot, Lawn, Many Trees, City Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.309
  • Parcel Number: 01904833
  • Lot Size Acres: 0.309
  • Lot Size Sq Ft: 13460.04
  • Zoning Description: : A-5: Single-Family Residential - Single-family

Building Info

  • Year Built: 1920

Tax Info

  • TaxBlock: 72
  • Tax Lot: 11
  • Tax Annual Amount: 2782.0

MLS Schools

  • MiddleOrJuniorSchool: Elder

Map

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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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 $2,602 $107,000 $55,460 $51,540
2023 $2,602 $115,000 $53,460 $61,540
2022 $2,827 $108,750 $15,000 $93,750
2021 $3,006 $109,573 $15,000 $94,573
2020 $2,704 $102,172 $15,000 $87,172
2019 $2,833 $102,994 $15,000 $87,994
2018 $3,968 $144,247 $15,000 $129,247
2017 $2,968 $104,777 $15,000 $89,777
2016 $2,619 $92,436 $15,000 $77,436
2015 $1,916 $67,500 $15,400 $52,100
2014 $1,916 $67,500 $15,400 $52,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $250,000 -- $313 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20978792

North Texas Real Estate Information Systems (NTREIS)

APN: 01904833