Investor opportunity in the heart of Fort Worth near downtown! This 1953-built duplex sits on half an acre in a quiet neighborhood, offering strong potential for value-add or rental income. Each unit features 2 bedrooms, 1 bath, and approximately 796 sq ft, along with a one-car garage space each. Both units are currently vacant, allowing for immediate renovations and leasing flexibility. Property needs work—one unit requires flooring and a window replacement, while the other needs substantial updates including HVAC. Priced below market value with repairs and updates already considered. Great opportunity for investors or buyers looking to build equity in a prime location.
It is the purpose and intent of the one-family (A-10) district to provide a zone with a minimum lot size of 10,000 sq ft for the development of a one-family dwelling on each lot and accessory uses. The minimum lot size of 10,000 sq ft may also be appropriate to maintain compatible lot sizes in development areas, ensure compatibility with adjacent uses, or otherwise promote the public health, safety, morals or general welfare.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Single unit
Public service
Educational/school
Library
Museum / gallery
Golf related
Park & open space
Apr 30, 2025 • Final
Plumbing standalone
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Number Of Parking Spaces: 2
Parking Features: Garage, Garage Faces Rear, On Site, Parking Pad
Parking & Garage
Has Garage
Interior
Virtual Tour
Fireplace Information
Fireplaces Total: 0
Fireplace Features: None
Heating & Cooling
Cooling: Electric, Window Unit(s)
Heating: Electric, Space Heater, Other
Interior Features
Appliances: Electric Range
Levels: One
Flooring: Laminate, Linoleum, Wood
Interior Features: Other
Multi-Unit Information
Number Of Buildings: 1
Number Of Units Total: 2
Unit Count: 2
Gross Annual Income: 31200.00
Gross Annual Expenses: 4000.00
Insurance Expense: 3000
Net Operation Income: 30000
Operating Expense Includes: Insurance, Maintenance Structure, Pest Control
Exterior
Building Information
Roof: Composition
Construction Materials: Brick
Foundation Details: Pillar/Post/Pier
Exterior Features
Patio And Porch Features: Front Porch
Lot Information
Lot Features: Few Trees, Interior Lot
Lot Size Acres: 0.5000
Lot Size Area: 0.5000
Lot Size Square Feet: 21780.0000
Lot Size Units: Acres
Parcel Number: 04287843
RATIO List Price By Lot Size Acr: 440000.00000
Will Subdivide: No
Property Information
Property Type: Residential Income
Property Sub Type: Duplex
Accessibility Features YN: No
Accessory Unit YN: No
Multi Parcel IDYN: No
Property Key: 48439|04287843|1|75093437
Property Match: APN
US Property MUI: 402090369
Building Information
Building Area Total: 1592.00
Building Area Source: Assessor
Year Built: 1953
Year Built Details: Preowned
Smart Home Features Appor Pass Y: No
Financial
Tax Information
Tax Legal Description: YORK, JNO B SURVEY ABSTRACT 1754 TRACT 14H
Unexempt Taxes: 2070
Lease Information
Tenancy: None
Financial Information
Buyer Financing: Cash
Capitalization Rate: 13.64
Loan Type: Treat As Clear
Second Mortgage YN: No
Utilities
Utility Information
Municipal Utility District YN: No
Utilities: City Sewer, City Water
Location
HOA Information
Association Type: None
School Information
Elementary School: Springdale
Elementary School Name: Springdale
High School Name: Arlington Heights
Middle School Name: Monnig
School District: Fort Worth ISD
Location Information
County Or Parish: Tarrant
Country: United States
Directions: see google or apple maps
Latitude: 32.78853000
Longitude: -97.29428300
Geocode Confidence: High
Complex Name: YORK, JNO B SURVEY ABSTRA
Subdivision Name: YORK, JNO B SURVEY ABSTRACT 1754 TRACT 14H
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,592
Stories: 1.0
Lot Size: 0.5 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1953
Year Renovated: 1955
County: Tarrant County
APN: 04287843
Home facts updated by county records on Sep 18, 2026
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 23
Possession: Closing/Funding
Seller Contributions: 0
Special Listing Conditions: Standard
Standard Status: Closed
Third Party Assistance Program Y: No
Listing Date Information
Days On Market: 11
Cumulative Days On Market: 11
Close Date: 2026-05-05
Purchase Contract Date: 2026-04-26
Expiration Date Option: 2026-05-03
Listing Contract Date: 2026-04-15
Off Market Date: 2026-04-26
Price Change Timestamp: 2026-04-15T11:57:34.437
Status Change Timestamp: 2026-05-05T16:13:49.027
Listing Price Information
Original List Price: 220000.00
List Price: 220000.00
RATIO Close Price By Lot Size Ac: 414000.00000
RATIO Current Price By Lot Size: 414000.00000
Around this home
Schools
Springdale Elementary School
Public PreK-5 • Assigned • 0.5mi
4/10
Riverside Middle School
Public 6-8 • Assigned • 0.4mi
3/10
Carter-Riverside High School
Public 9-12 • Assigned • 0.5mi
2/10
Provided by GreatSchools
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