Fort Worth, TX 76164
$450,000List Price
$3,555 Est. Mo. Payment
For a given home price of $450,000, the monthly mortgage is computed using a 5% down payment ($22,500) and a 7.5% annual interest rate, spread over 360 payments.
3
1
0
800ft2

Status

Available

Description

When it comes to making a smart real estate investment, few opportunities compare to purchasing property in a historic neighborhood. This rings especially true for buyers eyeing the perfect spot across from an elementary school—a location that offers both convenience and charm. Whether you're looking to rent or renovate, the possibilities are endless. Historic neighborhoods offer a unique blend of character and stability, making them ideal for long-term investments. If you're considering buying such a property, you have the option to either rent it out as-is or embark on a renovation journey to maximize its potential. One particularly enticing option is the possibility of tearing down an existing structure to build your dream home. Imagine creating a custom-built house tailored to your tastes while maintaining the neighborhood's aesthetic integrity. This not only enhances your living experience but also significantly increases the property's market value. For those who prefer a more hands-off approach, renting out the property is an excellent alternative. Proximity to an elementary school makes it highly desirable for families, ensuring consistent rental income. The demand for rental homes in good school districts remains strong, providing a stable return on investment. Moreover, investing in such properties opens up numerous possibilities beyond just renting or renovating. You could explore options like converting the space into multi-family units or even commercial use, depending on zoning laws and market demand. In conclusion, purchasing property in a historic neighborhood across from an elementary school offers multiple avenues for profit and personal satisfaction. Whether you choose to rent out the existing structure or tear it down to build your dream home, this investment promises significant returns and endless possibilities. So why wait? Dive into this opportunity and watch your investment flourish!

MLS Listing ID

20779885

Listed By

Sarah Sewell
817-900-6899
Engel & Volkers Fort Worth

Map

High School
Northside
Elementary School
Mendoza
High School District
Fort Worth ISD
Middle Or Junior School
Elder
Tax Annual Amount
2782
This expanded setting will include additional fields to closer define your loan needs and payment amount.
$
$
%

Estimated Monthly Payment

$3,555

Loan Amount

$427,500

This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. First Choice Lending Group can provide you an approval within 48hrs.

Home Facts

Bathroom

Bathrooms Full
1

Kitchen

Appliances

  • Gas Water Heater
  • Gas Range
  • Some Gas Appliances
  • Plumbed For Gas

Highlights

Interior Features

  • Cable TV

Roof

  • Composition

Sewer

  • Public Sewer

Levels

  • One

Cooling

  • Central Air

Fencing

  • Wood
  • Chain Link
Lot Size Acres
0.309
Parcel Number
01904833

Pool Features

  • None
Property Type
Residential

Parking Features

  • On Street
  • Driveway
Property Sub Type
Single Family Residence

Community Features

  • Curbs

Patio And Porch Features

  • Covered

Flooring

  • Wood
  • Tile
  • Carpet
Year Built
1920

Foundation Details

  • Pillar/Post/Pier

Architectural Style

  • Craftsman
  • Detached

Construction Materials

  • Wood Siding
  • Brick

Heating

  • Central
Heating

Utilities

  • Electricity Available
  • Phone Available
  • Natural Gas Available
  • Separate Meters
  • Sewer Available
  • Electricity Connected
  • Cable Available
  • Water Available