4910 Lovell Avenue, Fort Worth TX, 76107
(Active)
$425,000
|
6 beds, 5 Full/1 Half baths, 2,970 sqft
|
MLS# 20603912
Last Updated: 5/18/2024 5:58 PM
Description for
4910 Lovell Avenue
Fort Worth, TX 76107
Don't miss your chance to add this cash-flowing asset to your portfolio!! Located just 10 minutes from TCU, this duplex offers a unique opportunity to rent out a back apartment ADU to maximize rental income! The left side of the duplex is a large, two-story, 3-bedroom, 2.5-bath unit currently renting for $1,900 per month, with market rents supporting $2,000 as-is. The right side is a one-story, 2-bedroom, 2-bath unit currently renting for $1,250 per month, with market rents supporting $1,300 as-is. The back apartment needs a complete renovation, but once completed, market rents support $700 per month. With a total income potential of $4,000 per month and the main house not requiring any work, this property is an excellent buy and hold opportunity for an investor or house hacker. Schedule a showing today!
Price
$425,000
Chamberlain Arlington Heights 1st
Tarrant
6
5 Full/1 Half
2,970 (approx)
20603912
Active
Description
Don't miss your chance to add this cash-flowing asset to your portfolio!! Located just 10 minutes from TCU, this duplex offers a unique opportunity to rent out a back apartment ADU to maximize rental income! The left side of the duplex is a large, two-story, 3-bedroom, 2.5-bath unit currently renting for $1,900 per month, with market rents supporting $2,000 as-is. The right side is a one-story, 2-bedroom, 2-bath unit currently renting for $1,250 per month, with market rents supporting $1,300 as-is. The back apartment needs a complete renovation, but once completed, market rents support $700 per month. With a total income potential of $4,000 per month and the main house not requiring any work, this property is an excellent buy and hold opportunity for an investor or house hacker. Schedule a showing today!
Listing Information
| Property Type: Duplex, Multi-Family, 2 Story | ||
| 6 | 5 Full/1 Half | |
| 0.3 Acres | 2,970 (approx) | 1978 |
| 2 | ||
Chamberlain Arlington Heights 1st
Slab
Public
Public Sewer
Neighborhood
School Information
| District: Fort Worth ISD | ||
| Southhimou | Stripling | Arlngtnhts |
Room Information
| Bathrooms | |||
| 5 | 1 | ||
Interior Features
Dishwasher, Electric Cooktop
Tile, Carpet
Central Air
Other,
Central
Other
Exterior / Lot Features
4 Parking Spaces,
Driveway
Shingle
Driving Directions
Use GPS.
Financial Considerations
| 05308070 |
| $7,580 |
Cash, Conventional
Listing Price History
Fort Worth Real Estate
Fort Worth is located in Texas. Fort Worth, Texas 76107 has a population of 915,363.
The median household income in Fort Worth, Texas 76107 is $76,043. The median household income for the surrounding county is $72,075 compared to the national median of $66,222. The median age of people living in Fort Worth 76107 is 36 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 5/1/2024 | Active | $425,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $7,580 USD | 1.59% | $335,000 USD | - |
| 2022 | $7,461 USD | 4.75% | $335,000 USD | 16.72% |
| 2021 | $7,123 USD | 22.68% | $287,000 USD | 8.30% |
| 2020 | $5,806 USD | 21.11% | $265,000 USD | 25.20% |
| 2018 | $4,794 USD | -7.33% | $211,662 USD | 13.94% |