NOT LISTED FOR SALE

2500 Wabash Ave Fort Worth, TX 76109

University West Neighborhood

Estimated Value: $847,000 - $1,318,974

10 Beds
6 Baths
6,330 Sq Ft
$171/Sq Ft Est. Value

Last Sold May 11, 2022

Current estimated payment $8,269/month

52 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Cooling System Powered By Gas
  • Tanglewood Elementary School Rated A-
  • Covered Patio or Porch
  • Customized Wheelchair Accessible

About This Home

As of May 2022

Incredible location + rare opportunity to own a multifamily complex near TCU comprised of 3 duplexes: two buildings with 2-bed units and one with 1-bed units for a total of 6. These charming units boast unique design features that blend historic detail with modern amenities. All units are spacious with plenty of storage, wood floors, granite counters, utility rooms with hook ups for full-sized washer & dryers and two units with private fenced-in yards. Covered parking for 7, one uncovered and ample street parking. Beautiful 100 year Spanish Tile roof. All windows replaced w thermal double pane. Updated plumbing + electric, metered separately.

Last Agent to Sell the Property

Amy Sack

Compass RE Texas, LLC License #0669385 Listed on: 01/15/2022

Compass RE Texas, LLC

Last Buyer's Agent

Lori Gallagher

League Real Estate License #0472207

League Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $15,651

Year Built

  • Built in 1926

Lot Details

  • 0.29 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Corner Lot

Parking

  • Covered Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Slate Roof
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 6,330 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Range
  • Disposal

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Schools

  • Tanglewood Elementary School
  • Paschal High School

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Additional Features

  • Customized Wheelchair Accessible
  • Covered Patio or Porch

Listing and Financial Details

  • Legal Lot and Block 1 / 10
  • Assessor Parcel Number 03224945

Community Details

Overview

  • 6 Units
  • 6,330 Sq Ft Building
  • University Place Add Subdivision

Building Details

  • Gross Income $107,760
  • Net Operating Income $82,597

Property Details

Home Type

Apartment

Est. Annual Taxes

$15,651

Year Built

Built in 1926

Lot Details

0

Listing Details

  • OWNERNAME: See Agent
  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: Two
  • Accessibility Features: Customized Wheelchair Accessible
  • Year Built Details: Preowned
  • CapRate: 5.51
  • Co List Office Mls Id: CMPS05
  • Special Features: None
  • Year Built: 1926

Interior Features

  • Square Footage: 6330.0
  • Interior Amenities: High Speed Internet
  • Flooring: Ceramic Tile, Vinyl, Wood
  • Appliances: Electric Range, Disposal, Gas Range, Refrigerator

Beds/Baths

  • Full Bathrooms: 6
  • Total Bedrooms: 10

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Fencing: Chain Link, Wood
  • Roof: Slate, Tile
  • Construction Materials: Block, Rock, Stone
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air, Electric, Gas
  • Parking Features: Covered
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric, Natural Gas
  • Utilities: Natural Gas Available, Sewer Available, Separate Meters, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Tanglewood
  • High School: Paschal
  • Junior High Dist: Fort Worth ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.286
  • Parcel Number: 03224945
  • Lot Size Acres: 0.286
  • Lot Size Sq Ft: 12458.16

Building Info

  • Year Built: 1926
  • Units Total: 6

Multi Family

  • Insurance Expense: 7013.0
  • Annual Gross Income: 107760.0
  • Property Net Operating Income: 82597.0

Tax Info

  • TaxBlock: 10
  • Tax Lot: 1
  • Tax Annual Amount: 15651.0

MLS Schools

  • MiddleOrJuniorSchool: Mclean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2022
Closed on
May 11, 2022
Sold by
Celestria-X Flp
Bought by
Yvonne M Johnson Living Trust
Seller's Agent
Amy Sack
Compass RE Texas, LLC
Buyer's Agent
Lori Gallagher
League Real Estate
List Price
$1,500,000
Current Estimated Value
$1,082,987

Purchase Details

Closed on
Dec 13, 2019
Sold by
Wabash Partners Llc
Bought by
Celestria X Flp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 10, 2017
Sold by
Park Hill Properties
Bought by
Wabash Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1993
Sold by
Park Hill Terrace Partnership
Bought by
Park Hill Properties
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Yvonne M Johnson Living Trust -- Dorsett Johnson & Swift Llp
Celestria X Flp -- Ort
Wabash Partners Llc -- None Available
Park Hill Properties -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Celestria X Flp $700,000
Previous Owner Wabash Partners Llc $700,000
Previous Owner Wabash Partners Llc $450,000
Previous Owner Lange Field $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold -- -- --
03/08/2022 03/08/22 Pending -- -- --
01/15/2022 01/15/22 For Sale $1,500,000 -- $237 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

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 $28,962 $951,442 $224,500 $726,942
2023 $28,962 $1,279,955 $436,750 $843,205
2022 $16,550 $636,642 $275,000 $361,642
2021 $15,972 $582,236 $275,000 $307,236
2020 $19,004 $717,997 $275,000 $442,997
2019 $19,751 $717,997 $275,000 $442,997
2018 $14,321 $520,581 $245,000 $275,581
2017 $14,748 $520,581 $245,000 $275,581
2016 $14,748 $520,581 $245,000 $275,581
2015 $10,928 $385,000 $139,000 $246,000
2014 $10,928 $385,000 $139,000 $246,000
Source: Public Records

Agents Affiliated with this Home

  • Amy Sack

    Seller's Agent in 2022

    Amy Sack

    Compass RE Texas, LLC

    (214) 725-8204

    1 in this area

    142 Total Sales

    Amy Sack
    Section Image
  • Lori Gallagher

    Buyer's Agent in 2022

    Lori Gallagher

    League Real Estate

    (817) 475-5117

    1 in this area

    49 Total Sales

    Lori Gallagher
    Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14723324

North Texas Real Estate Information Systems (NTREIS)

APN: 03224945

Texas Tarrant County Fort Worth 76109 University West

2500 Wabash Ave, Fort Worth, TX

This home is located at 2500 Wabash Ave, Fort Worth, TX 76109 since 15 January 2022 and is currently estimated at $1,082,987, approximately $171 per square foot. This property was built in 1926. 2500 Wabash Ave is a home located in Tarrant County with nearby schools including Tanglewood Elementary School, McLean 6th Grade Center, and Mclean Middle 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

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