405 W Capps St Fort Worth, TX 76110
Jennings-May Saint Louis NeighborhoodEstimated payment $4,612/month
Total Views
13,824
11
Beds
4
Baths
4,669
Sq Ft
$139
Price per Sq Ft
Highlights
- Corner Lot
- Balcony
- Built-In Features
- Covered Patio or Porch
- Eat-In Kitchen
- Tile Flooring
About This Home
Exceptional Investment Opportunity – Classic 4-Plex Near Downtown Fort Worth.
Don’t miss this prime investment opportunity just minutes from vibrant Downtown Fort Worth! Located just off I-35W and Main Street, this well-positioned 4-plex offers convenient access to all the city has to offer — restaurants, entertainment, transit, and more.
This classic multi-family property features spacious floorplans, balconies, and ample parking in a peaceful residential setting. Some units have been recently updated, and one unit is currently vacant and available for immediate showings.
Sitting on an oversized lot, this property offers significant value-add potential — whether it’s adding additional units, creating paved parking, or further modernizing interiors to maximize rent. With full occupancy, this asset holds strong High CAP Rate potential.
**All units are occupied, please do not disturb the tenants. Only inspection and appraisal allowed with confirmed schedule with listing agent.**
Whether you're a seasoned investor or just entering the multi-family market, this 4-plex is an excellent addition to any portfolio.
Listing Agent
CENTURY 21 Judge Fite Co. Brokerage Phone: 972-691-9987 License #0518534 Listed on: 04/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,192
Year Built
- Built in 1925
Lot Details
- 7,492 Sq Ft Lot
- Lot Dimensions are 50x165x51x164
- Corner Lot
Home Design
- Quadruplex
- Brick Exterior Construction
- Pillar, Post or Pier Foundation
- Composition Roof
Interior Spaces
- 2-Story Property
- Built-In Features
- Ceiling Fan
Kitchen
- Eat-In Kitchen
- Electric Oven
- Built-In Gas Range
- Dishwasher
Flooring
- Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 11 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Additional Parking
- Parking Lot
- Outside Parking
Outdoor Features
- Balcony
- Covered Patio or Porch
Schools
- Daggett Elementary School
- Paschal High School
Utilities
- Central Air
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 24 / 3
- Assessor Parcel Number 02812444
Community Details
Overview
- 4 Units
- 4,669 Sq Ft Building
- South Hemphill Heights Add Subdivision
Building Details
- Gross Income $74,400
- Net Operating Income $52,496
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 | $13,192 | $587,900 | $42,500 | $545,400 |
| 2023 | $12,793 | $565,348 | $42,500 | $522,848 |
| 2022 | $10,004 | $384,814 | $45,000 | $339,814 |
| 2021 | $6,622 | $241,392 | $45,000 | $196,392 |
| 2020 | $7,388 | $279,117 | $10,000 | $269,117 |
| 2019 | $2,405 | $87,420 | $10,000 | $77,420 |
| 2018 | $1,858 | $67,524 | $10,000 | $57,524 |
| 2017 | $1,692 | $59,739 | $10,000 | $49,739 |
| 2016 | $1,386 | $48,926 | $10,000 | $38,926 |
| 2015 | $2,759 | $97,200 | $10,000 | $87,200 |
| 2014 | $2,759 | $97,200 | $10,000 | $87,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/09/2025 08/09/25 | Price Changed | $649,900 | 0.0% | $139 / Sq Ft |
| 04/22/2025 04/22/25 | For Sale | $650,000 | +138.1% | $139 / Sq Ft |
| 01/17/2020 01/17/20 | Sold | -- | -- | -- |
| 12/30/2019 12/30/19 | Pending | -- | -- | -- |
| 11/12/2019 11/12/19 | For Sale | $273,000 | -- | $58 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Lawyers Title | |
| Warranty Deed | -- | Lawyers Title | |
| Vendors Lien | -- | Southwest Land Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $175,000 | New Conventional | |
| Closed | $175,000 | Commercial | |
| Previous Owner | $63,050 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Fort Worth, TX
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20867079
APN: 02812444
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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