$490,000
$40K PRICE DROP

5550 Baylor Ave River Oaks, TX 76114

Estimated payment $3,292/month

Total Views 10,057
0.67 Acre
$728,083 Price per Acre
29,316 Sq Ft Lot

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.

Listing Agent

Graham Stiles

NextHome NTX Real Estate License #0482946 Listed on: 11/19/2025

NextHome NTX Real Estate

Co-Listing Agent

Tawney Smith

NextHome NTX Real Estate License #0686785

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

Property Details

Property Type

Land

Est. Annual Taxes

$8,137

Year Built

Built in 1972

Lot Details

0.67 Acres

Listing Details

  • OWNERNAME: River Oaks
  • Property Type: Land
  • Property Sub Type: Improved Land
  • Co List Office Mls Id: NXTH00FW
  • Co List Office Phone: 817-809-6996
  • Co List Office Mls Id: NXTH00FW
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48439:00450154
  • Special Features: VirtualTour

Exterior Features

  • Community Features: Other, Curbs, Sidewalks
  • Waterfront: No
  • RoadFrontageType: City Street
  • RoadSurfaceType: Asphalt, Concrete

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Available, Water Available

Schools

  • Elementary School: Castleberr
  • High School: Castleberr
  • Junior High Dist: Castleberry ISD

Lot Info

  • PossibleUse: Residential
  • Lot Features: Cleared, Corner Lot, Other, City Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.673
  • Parcel Number: 00450154
  • Lot Size Acres: 0.673
  • Lot Size Sq Ft: 29315.88
  • Zoning Description: R-4
  • Present Use: Other, Residential, Single Family, See Remarks, Unimproved, Vacant

Building Info

  • Year Built: 1972

Multi Family

  • Number Of Lots: 1

Tax Info

  • TaxBlock: 4
  • Tax Lot: 6
  • Tax Annual Amount: 8137.0

MLS Schools

  • MiddleOrJuniorSchool: Marsh

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

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
Source: Public Records

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)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21116926

North Texas Real Estate Information Systems (NTREIS)

APN: 00450154

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