5550 Baylor Ave River Oaks, TX 76114
Estimated payment $3,292/month
About This Lot
Welcome to 5550 Baylor Avenue, a rare and highly desirable opportunity in the growing and sought-after community of River Oaks. Positioned just steps from key neighborhood corridors, this expansive property offers exceptional potential for residential redevelopment, whether single-family homes or thoughtfully designed townhomes, as supported by the site’s surrounding land use and market demand. The existing structure is a full tear-down, allowing builders and developers to maximize the land’s footprint - over 0.60 acre - and create a fresh vision tailored to modern living.
River Oaks is experiencing a vibrant wave of revitalization and investment, making this an ideal time to secure well-located land in one of Fort Worth’s most accessible and charming enclaves. Known for its mature trees, wide streets, and strong sense of community, River Oaks also benefits from its unbeatable proximity to Downtown Fort Worth, the Cultural District, the Historic Stockyards, and major employment centers. With quick access to SH-199, I-30, and I-820, residents enjoy convenient connectivity across the entire Metroplex.
Developers will appreciate the property’s strategic location, nearby amenities, and the city’s ongoing infrastructure improvements. The area’s steady population growth, future-focused planning, and increasing demand for quality housing make this an exceptional land purchase for long-term value and strong resale.
This land and location delivers the flexibility, location, and market strength needed to bring a successful project to life. Do not miss this rare chance to build in one of Fort Worth’s most promising communities.
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,137
Year Built
- Built in 1972
Lot Details
- 29,316 Sq Ft Lot
- Corner Lot
- Cleared Lot
- Zoning described as R-4
Location
- City Lot
Schools
- Castleberr Elementary School
- Marsh Middle School
- Castleberr High School
Community Details
- Castleberry Gardens Add Subdivision
Listing and Financial Details
- Legal Lot and Block 6 / 4
- Assessor Parcel Number 00450154
Map
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 |
|---|---|---|---|---|
| 2025 | -- | $401,545 | -- | -- |
| 2024 | -- | $459,015 | $27,566 | $431,449 |
| 2023 | $6,657 | $278,851 | $27,566 | $251,285 |
| 2022 | $3,472 | $0 | $0 | $0 |
| 2021 | $5,639 | $220,630 | $27,566 | $193,064 |
| 2020 | $5,653 | $218,896 | $27,566 | $191,330 |
| 2019 | $0 | $213,084 | $27,566 | $185,518 |
| 2018 | $0 | $207,615 | $27,566 | $180,049 |
| 2017 | $0 | $0 | $0 | $0 |
| 2014 | -- | $152,500 | $27,566 | $124,934 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/24/2026 02/24/26 | Price Changed | $490,000 | -7.5% | -- |
| 11/19/2025 11/19/25 | For Sale | $530,000 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21116926
APN: 00450154
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Ask me questions while you tour the home.