$1,495,000

612 S Blue Mound Rd Fort Worth, TX 76131

Estimated payment $9,850/month

Total Views 3,179
16 Beds
8 Baths
6,000 Sq Ft
$249 Price per Sq Ft

Highlights

  • 0.51 Acre Lot
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Saginaw High School Rated A-
  • Luxury Vinyl Plank Tile Flooring

About This Home

Owner Financing Available for the Willows Apartments is a well-maintained 8-unit multifamily property located in Fort
Worth. Built in 1970 and renovated in 2018, the two-story complex sits on 0.51 acres and features eight
2-bedroom, 1-bath units averaging approximately 720 square feet each. Interior upgrades include vinyl plank
flooring, updated appliances, and modern finishes that support competitive rental rates and low turnover in Eagle Mountain-Saginaw ISD.
Strategically positioned in the high-growth Blue Mound corridor, the property benefits from strong connectivity
to I-35W, Loop 820, and the Alliance Texas employment hub. The surrounding area is experiencing continued
residential and commercial development, contributing to long-term appreciation potential. With full occupancy,
proven rental history, and a location within one of Fort Worth’s most active submarkets, Willows Apartments
presents an attractive investment opportunity with value-add upside.

Listing Agent

Heather Konopka

Heather S Konopka Brokerage Phone: 817-715-1932 License #0453672 Listed on: 08/20/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $22,617

Year Built

  • Built in 1970

Parking

  • Driveway

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Schools

  • Gililland Elementary School
  • Saginaw High School

Additional Features

  • 0.51 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03830845

Community Details

Overview

  • 8 Units
  • 6,000 Sq Ft Building
  • David Cook Surv Abs #345 Subdivision

Building Details

  • Gross Income $140,700
  • Net Operating Income $100,208

Property Details

Home Type

Apartment

Est. Annual Taxes

$22,617

Year Built

Built in 1970

Lot Details

0

Listing Details

  • OWNERNAME: See Public Remards
  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Attribution Contact: 817-715-1932
  • CapRate: 6.7
  • Co List Office Mls Id: KONP01
  • Special Features: VirtualTour
  • Year Built: 1970

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Flooring: Luxury Vinyl Plank
  • Appliances: Dishwasher, Electric Range, Disposal

Beds/Baths

  • Full Bathrooms: 8
  • Total Bedrooms: 16

Exterior Features

  • Foundation: Slab
  • Roof: Flat
  • Construction Materials: Brick
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air, Electric
  • Parking Features: Asphalt
  • Attached Garage YN: No
  • GarageYN: No

Utilities

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

Schools

  • Elementary School: Gililland
  • High School: Saginaw
  • Junior High Dist: Eagle MT-Saginaw ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.51
  • Parcel Number: 03830845
  • Lot Size Acres: 0.51
  • Lot Size Sq Ft: 22215.6

Building Info

  • Year Built: 1970
  • Units Total: 8
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 6704.0
  • Annual Gross Income: 140700.0
  • Property Net Operating Income: 100208.0

Tax Info

  • Tax Annual Amount: 22617.0

MLS Schools

  • MiddleOrJuniorSchool: Highland

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 For Sale $1,495,000 +57.4% $249 / Sq Ft
06/29/2018 06/29/18 Sold -- -- --
05/15/2018 05/15/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $949,900 -- $158 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21038003

North Texas Real Estate Information Systems (NTREIS)