$225,000
$75K PRICE DROP

Estimated payment $1,590/month

Total Views 106,877
5 Beds
5 Baths
2,053 Sq Ft
$110 Price per Sq Ft

Highlights

  • Open Floorplan
  • Interior Lot
  • Wood Fence
  • Lawn
  • 1-Story Property
  • Vinyl Flooring

About This Home

ATTENTION AGENTS & BROKERS - Now offered at an improved price point, this Fort Worth property awaits a visionary transformation. Presently structured as a 5-Plex, it carries a clear directive from the City of Fort Worth: conversion back to its original single-family use. This requirement, however, unveils immense potential for value creation and specialized housing solutions.

Consider the compelling possibilities: once thoughtfully converted, this property could become an outstanding co-living residence, offering private, self-contained living spaces within a communal home. It is also ideally suited for student housing, providing comfortable and independent living arrangements, or for a group home requiring multiple private living areas. The ideal configuration involves crafting three or four generously sized bedrooms, each boasting a dedicated en-suite bathroom, a highly sought-after feature that will maximize appeal and rental income. This property is not merely a renovation project; it is an opportunity to reposition a structure for significant future returns.This home was converted to a 5-Plex and MUST be converted back to its highest & best use as single family, per the City of Fort Worth. The property offers investors a versatile opportunity with significant upside, ideal for a group home, a generational home, or student housing once converted. Situated on a spacious lot with mature trees, the structure is primed for conversion back into a single-family home, making it ideal for those looking to maximize value through redevelopment. Located in a well-established neighborhood with easy access to schools, shopping, and major transit routes, this property combines convenience with long-term potential. Whether you are looking to create a standout single-family home or explore other possibilities, this property delivers flexibility and opportunity.

Listing Agent

Tiffany Ingram

eXp Realty LLC Brokerage Phone: 214-354-5670 License #0573853 Listed on: 11/27/2024

eXp Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,689

Year Built

  • Built in 1940

Lot Details

  • 9,583 Sq Ft Lot
  • Wood Fence
  • Interior Lot
  • Lawn
  • Back Yard

Parking

  • Driveway

Home Design

  • Composition Roof

Interior Spaces

  • 2,053 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vinyl Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Schools

  • Mitchellbl Elementary School
  • Wyatt Od High School

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Community Details

  • Glencrest Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / 2
  • Assessor Parcel Number 01043811

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,689

Year Built

Built in 1940

Lot Details

0

Listing Details

  • OWNERNAME: Ask Broker
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other, Detached
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 214-354-5670
  • Co List Office Mls Id: XPTY01
  • Structure Type: House
  • Special Features: 5120
  • Year Built: 1940

Interior Features

  • Square Footage: 2053.0
  • Interior Amenities: Open Floorplan
  • Flooring: Vinyl
  • Appliances: Electric Range, Refrigerator
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 5
  • Total Bedrooms: 5

Exterior Features

  • Fencing: Back Yard, Wood
  • Roof: Composition
  • Pool Features: None

Garage/Parking

  • Cooling System: Window Unit(s)
  • Parking Features: Driveway
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Wall Furnace
  • Utilities: Sewer Available, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Mitchellbl
  • High School: Wyatt Od
  • Junior High Dist: Fort Worth ISD

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Features: Back Yard, Interior Lot, Lawn
  • Lot Size Units: Acres
  • Lot Size Area: 0.22
  • Parcel Number: 01043811
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.2
  • Present Use: Residential, Single Family

Building Info

  • Year Built: 1940

Tax Info

  • TaxBlock: 2
  • Tax Lot: 11
  • Tax Annual Amount: 4689.0

MLS Schools

  • MiddleOrJuniorSchool: Forest Oak

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 $3,330 $148,390 $28,800 $119,590
2023 $3,284 $145,124 $28,800 $116,324
2022 $3,066 $117,925 $10,000 $107,925
2021 $2,197 $96,142 $10,000 $86,142
2020 $1,927 $111,295 $10,000 $101,295
2019 $1,820 $113,181 $10,000 $103,181
2018 $25 $60,161 $10,000 $50,161
2017 $1,549 $74,955 $10,000 $64,955
2016 $1,409 $63,932 $10,000 $53,932
2015 $77 $45,200 $10,000 $35,200
2014 $77 $45,200 $10,000 $35,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Price Changed $225,000 -6.2% $110 / Sq Ft
05/23/2025 05/23/25 Price Changed $239,900 -2.1% $117 / Sq Ft
03/20/2025 03/20/25 Price Changed $245,000 -8.9% $119 / Sq Ft
02/19/2025 02/19/25 Price Changed $269,000 -2.1% $131 / Sq Ft
02/04/2025 02/04/25 Price Changed $274,900 -8.4% $134 / Sq Ft
11/27/2024 11/27/24 For Sale $299,999 -- $146 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Trustee Deed -- Title Ten Hq Llc
Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 New Conventional
Previous Owner $188,300 Construction
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20784386

North Texas Real Estate Information Systems (NTREIS)

APN: 01043811