Offering package sale of 10 Fourplexes townhomes (40 Units) , 2 stories Built year 1985 and Renovated 30 units in 2021,2022,2023 and 10 units can be improved to fetch higher rent to increase value. This will be a good Strategy Value-Add multifamily for the positive cash-flow. The current average effective rent $1300, whereas the average market rent is $1500 plus. All occupied tenants are on annual lease and it will be a great opportunity to increase rent to generate more income during the lease renewals to improve the cashflow. Great brick fourplex with 90% occupancy. Nice floorplans with wood burning fireplaces, private fenced patios, covered parking and storage spaces. All kitchen appliances included. Rentable Sqft 43520 Sqft, Total Land 3.16 Acres, Configuration 2 Bed and 1 ½ Bath. **Seller is willing to break the parcel into minimum 5 fourplexes** DO NOT DISTURB TENANTS! *Showings will not be allowed unless the offer is executed and the proof of funds are submitted*
Property Details
Property Features
Property Information:
Year Built: 1985
Stories: 2
Listing Office:
Office Name: My Dream Home Helpers Realty
Office Phone: (214) 264-2737
Listing Agent: Abdul Jameel Abdur Rahman
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Last updated on: 4/29/2024, 10:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$10,873
$380,000
2019
$7,068
$380,000
2017
$7,370
$247,915
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Greenfield Elementary School
6020 Ten Mile Bridge Rd
Distance between this listing and this school1.02 miles
Public District Grades KG-5
Middle School
5
/10
Ed Willkie Middle School
6129 Texas Shiner Dr
Distance between this listing and this school1.63 miles
Public District Grades 6-8
High School
5
/10
Chisholm Trail High School
4800 Education Dr
Distance between this listing and this school1.80 miles
Public District Grades 9-11
Assigned Schools
7
/10
Greenfield Elementary School
6020 Ten Mile Bridge Rd
Distance between this listing and this school1.02 miles
Public District Grades KG-5
Nearby Schools
1
/10
Marine Creek Elementary School
4801 Huffines Blvd
Distance between this listing and this school0.43 miles
Public District Grades PK-4
3
/10
Marilyn Miller Elementary School
5250 Estrella St
Distance between this listing and this school1.15 miles
Public District Grades PK-4
Assigned Schools
5
/10
Ed Willkie Middle School
6129 Texas Shiner Dr
Distance between this listing and this school1.63 miles
Public District Grades 6-8
Nearby Schools
3
/10
Lucyle Collins Middle School
3651 Santos Dr
Distance between this listing and this school1.18 miles
Public District Grades 7-9
3
/10
N A Howry Intermediate School
4000 Dakota Trl
Distance between this listing and this school1.48 miles
Public District Grades 4-7
Assigned Schools
5
/10
Chisholm Trail High School
4800 Education Dr
Distance between this listing and this school1.80 miles
Public District Grades 9-11
Nearby Schools
2
/10
Lake Worth High School
4210 Boat Club Rd
Distance between this listing and this school0.14 miles
Public District Grades 9-12
1
/10
Elmer C Watson High School
5900 Hereford Dr
Distance between this listing and this school2.94 miles
The neighbors living near this home have an average income of $69,914. Residents of Fort Worth, TX typically earn between $35k-100k each year. Residents typically live in married, with kids family. The most common level of education of people living in this area is post secondary degree.
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This home is located at 5825 Shadydell Dr in Fort Worth, TX and zip code 76135 in the Marine Creek Heights neighborhood. This home, which was built in 1985, sits on a 3.17 acre lot. Features: 80 bedrooms. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $6,800,000.
The number of homes for sale in Fort Worth, TX increased by 12.7% between February 2024 and March 2024. The median list price of listings available in March 2024 was $339,844, while the average time on the real estate market was 68 days.
From Rocket Homes Real Estate and based on county public records data.