1906 Grainger St Fort Worth, TX 76110
Magnolia NeighborhoodEstimated payment $3,584/month
Total Views
17,002
4
Beds
4
Baths
2,640
Sq Ft
$210
Price per Sq Ft
About This Home
Priced to sell! Income-Producing Quadruplex in Prime Fort Worth Location. It is located in the Hospital District, 8 minutes from TCU and Fort Worth Zoo. This quadruplex is in a high-demand rental area with access to shopping, dining, and more! This four-unit property, built in 1922, offers a blend of historic character and modern updates, making it an attractive option for tenants and investors. With 2,640 sq. ft. of rentable space, each unit features central HVAC, laminate flooring, and updated kitchens, ensuring low maintenance and tenant appeal. The property generates $52,440 in gross annual income with a 6.24% cap rate, making it a solid addition to any real estate portfolio. The shared parking area provides off-street convenience for tenants, and the low-maintenance siding exterior minimizes upkeep costs. Whether you're a seasoned investor or looking to enter the rental market, this turnkey property offers strong cash flow and appreciation potential. Schedule your private tour today and capitalize on this exceptional investment.
Listing Agent
Vivo Realty Brokerage Phone: 214-705-7705 License #0549280 Listed on: 04/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,002
Year Built
- Built in 1922
Parking
- Common or Shared Parking
Home Design
- Quadruplex
- Slab Foundation
- Composition Roof
Interior Spaces
- 2-Story Property
- Laminate Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Schools
- Daggett Elementary School
- Paschal High School
Additional Features
- 6,098 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block E / Z
- Assessor Parcel Number 00171646
Community Details
Overview
- 4 Units
- 2,640 Sq Ft Building
- Bellevue Hill Add Subdivision
Building Details
- Gross Income $52,440
- Net Operating Income $35,895
Map
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Home Values in the Area
Average Home Value in this Area
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 | $6,044 | $269,345 | $36,488 | $232,857 |
| 2023 | $5,550 | $245,292 | $36,488 | $208,804 |
| 2022 | $4,928 | $189,583 | $20,000 | $169,583 |
| 2021 | $4,448 | $162,163 | $20,000 | $142,163 |
| 2020 | $4,292 | $162,163 | $20,000 | $142,163 |
| 2019 | $4,461 | $162,163 | $20,000 | $142,163 |
| 2018 | $3,255 | $118,326 | $15,000 | $103,326 |
| 2017 | $3,211 | $113,356 | $9,122 | $104,234 |
| 2016 | $2,331 | $82,277 | $9,122 | $73,155 |
| 2015 | $2,705 | $95,300 | $9,122 | $86,178 |
| 2014 | $2,705 | $95,300 | $9,122 | $86,178 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2025 04/08/25 | For Sale | $555,000 | +57712.5% | $210 / Sq Ft |
| 09/12/2023 09/12/23 | Sold | -- | -- | -- |
| 07/20/2023 07/20/23 | Pending | -- | -- | -- |
| 05/27/2022 05/27/22 | Rented | $960 | 0.0% | -- |
| 03/07/2022 03/07/22 | For Rent | $960 | +20.8% | -- |
| 06/11/2021 06/11/21 | Rented | $795 | +2.6% | -- |
| 06/09/2021 06/09/21 | Price Changed | $775 | -2.5% | $1 / Sq Ft |
| 05/28/2021 05/28/21 | For Rent | $795 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Stewart | |
| Interfamily Deed Transfer | $55,000 | Rattikin Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $322,500 | New Conventional | |
| Previous Owner | $148,400 | Future Advance Clause Open End Mortgage |
Source: Public Records
Similar Homes in Fort Worth, TX
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20897438
APN: 00171646
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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
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