$649,900
PENDING $25K PRICE DROP

143 Allencrest Dr Fort Worth, TX 76108

Estimated payment $4,695/month

Total Views 4,411
12 Beds
8 Baths
4,256 Sq Ft
$153 Price per Sq Ft

Highlights

  • 0.38 Acre Lot
  • 4 Fireplaces
  • Central Heating and Cooling System
  • Open Floorplan
  • Granite Countertops
  • 5-minute walk to Memorial Park

About This Home

Fully Renovated Fourplex! 3 of 4 units are currently leased on 12 month leases. Don't miss your chance to own this beautifully updated fourplex, a rare find in today’s market! Completely renovated in 2021, this investment property offers a perfect blend of modern upgrades and solid rental income potential. Each unit features wood-look vinyl flooring, granite countertops in the kitchen, and updated showers and bathtubs. The property also boasts new interior paint and recent exterior paint, newer appliances, some recently replaced AC units, a repaired foundation, and a recently replaced roof—ensuring peace of mind for years to come. 8 parking spots in parking lot in front of the property. The bottom units enjoy their own private fenced yards and the top units enjoy their own balconies, while the expansive lot provides plenty of additional yard space along the sides and rear of the property. Whether you're looking to expand your portfolio or house-hack by living in one unit and renting out the rest, this fourplex is a versatile and valuable asset. Located just minutes from Lockheed Martin, Clearfork, downtown Fort Worth, major hospitals, and the Historic Stockyards.

Listing Agent

Eric Bates

Ultra Real Estate Services Brokerage Phone: 972-989-9096 License #0668190 Listed on: 06/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,801

Year Built

  • Built in 1985

Lot Details

  • 0.38 Acre Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Vinyl Flooring

Kitchen

  • Electric Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Full Bathrooms

Parking

  • Paved Parking
  • On-Site Parking
  • Parking Lot
  • Assigned Parking

Schools

  • West Elementary School
  • Brewer High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 05084822

Community Details

Overview

  • 4 Units
  • 4,256 Sq Ft Building
  • Allencrest Addition Subdivision

Building Details

  • Gross Income $69,000
  • Net Operating Income $54,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,801

Year Built

Built in 1985

Lot Details

0

Listing Details

  • OWNERNAME: See Tax
  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Attribution Contact: 972-989-9096
  • CapRate: 8.31
  • Co List Office Mls Id: ULTRA01
  • Special Features: VirtualTour
  • Year Built: 1985

Interior Features

  • Fireplace Features: Wood Burning
  • Interior Amenities: Granite Counters, High Speed Internet, Open Floorplan, Cable TV
  • Flooring: Vinyl
  • Appliances: Dishwasher, Electric Range, Disposal, Refrigerator
  • Fireplaces: 4

Beds/Baths

  • Full Bathrooms: 8
  • Total Bedrooms: 12

Exterior Features

  • Foundation: Slab
  • Community Features: Curbs, Sidewalks
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: None

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Parking Features: Assigned, On Site, Paved, Parking Lot
  • GarageYN: No

Utilities

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

Schools

  • Elementary School: West
  • High School: Brewer
  • Junior High Dist: White Settlement ISD

Lot Info

  • Lot Features: Acreage
  • Lot Size Units: Acres
  • Lot Size Area: 0.3822
  • Parcel Number: 05084822
  • Lot Size Acres: 0.3822
  • Lot Size Sq Ft: 16648.63

Building Info

  • Year Built: 1985
  • Units Total: 4

Multi Family

  • Insurance Expense: 4381.0
  • Annual Gross Income: 69000.0
  • Property Net Operating Income: 54000.0

MLS Schools

  • MiddleOrJuniorSchool: Brewer

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
2025 $14,801 $469,937 $45,745 $424,192
2024 $14,801 $624,790 $45,745 $579,045
2023 $12,839 $540,000 $45,745 $494,255
2022 $13,419 $495,515 $20,188 $475,327
2021 $7,848 $285,300 $20,188 $265,112
2020 $7,905 $285,300 $20,188 $265,112
2019 $8,207 $285,300 $20,000 $265,300
2018 $6,904 $240,000 $9,600 $230,400
2017 $7,097 $242,840 $12,000 $230,840
2016 $6,536 $223,644 $12,000 $211,644
2015 $3,016 $198,122 $13,000 $185,122
2014 $3,016 $105,000 $13,000 $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2025 07/19/25 Pending -- -- --
06/21/2025 06/21/25 Price Changed $649,900 -3.7% $153 / Sq Ft
06/05/2025 06/05/25 For Sale $675,000 -- $159 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- Independence Title Company
Deed -- None Listed On Document
Warranty Deed -- None Available
Special Warranty Deed -- None Available
Trustee Deed $239,688 None Available
Vendors Lien -- Fnt
Vendors Lien -- Metroplex Title Inc
Vendors Lien -- Blue Star Title Inc
Vendors Lien -- Blue Star Title Inc
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $436,500 New Conventional
Previous Owner $228,750 New Conventional
Previous Owner $216,600 Purchase Money Mortgage
Previous Owner $152,440 Purchase Money Mortgage
Previous Owner $19,055 Stand Alone Second
Previous Owner $161,910 Fannie Mae Freddie Mac
Previous Owner $90,000 Purchase Money Mortgage
Previous Owner $123,750 Unknown
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20954667

North Texas Real Estate Information Systems (NTREIS)

APN: 05084822