Status
Market MatchUP
How this home compares to similar 5 bedroom homes in Fort Worth- Price Comparison$495,840 lower
- Home Size1357 sq. ft. smaller
- Built in 1940Older than 94% of homes in Fort Worth
- Fort Worth Snapshot• 3542 active listings• 6% have 5 bedrooms• Typical 5 bedroom size: 3410 sq. ft.• Typical 5 bedroom price: $735,739
Description
ATTENTION AGENTS & BROKERS - Now offered at an improved price point, this Fort Worth property awaits a visionary transformation. Presently structured as a 5-Plex, it carries a clear directive from the City of Fort Worth: conversion back to its original single-family use. This requirement, however, unveils immense potential for value creation and specialized housing solutions. Consider the compelling possibilities: once thoughtfully converted, this property could become an outstanding co-living residence, offering private, self-contained living spaces within a communal home. It is also ideally suited for student housing, providing comfortable and independent living arrangements, or for a group home requiring multiple private living areas. The ideal configuration involves crafting three or four generously sized bedrooms, each boasting a dedicated en-suite bathroom, a highly sought-after feature that will maximize appeal and rental income. This property is not merely a renovation project; it is an opportunity to reposition a structure for significant future returns.This home was converted to a 5-Plex and MUST be converted back to its highest & best use as single family, per the City of Fort Worth. The property offers investors a versatile opportunity with significant upside, ideal for a group home, a generational home, or student housing once converted. Situated on a spacious lot with mature trees, the structure is primed for conversion back into a single-family home, making it ideal for those looking to maximize value through redevelopment. Located in a well-established neighborhood with easy access to schools, shopping, and major transit routes, this property combines convenience with long-term potential. Whether you are looking to create a standout single-family home or explore other possibilities, this property delivers flexibility and opportunity.
MLS Listing ID
Listed By
888-519-7431
eXp Realty LLC
Map
Estimated Monthly Payment
$2,162Loan Amount
$227,905This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. Start My Mortgage Application can provide you an approval within 48hrs.
Home Facts
Bathroom
Kitchen
Appliances
- Refrigerator
- Electric Range
Highlights
Interior Features
- Open Floorplan
Roof
- Composition
Sewer
- Public Sewer
Levels
- One
Cooling
- Window Unit(s)
Fencing
- Wood
- Back Yard
Current Use
- Single Family
- Residential
Pool Features
- None
Parking Features
- Driveway
Flooring
- Vinyl
Architectural Style
- Other
- Detached
Heating
- Electric
- Wall Furnace
Utilities
- Water Available
- Sewer Available