5938 Kilpatrick Avenue, Fort Worth TX, 76107
(Active)
$1,200,000
|
12 beds, 12 Full baths, 2,725 sqft
|
MLS# 20571311
Last Updated: 4/28/2024 10:36 PM
Description for
5938 Kilpatrick Avenue
Fort Worth, TX 76107
Investment opportunity to own 12 one-bed one-bath brick units. 100% leased. Located on Bryant Irving & Kilpatrick, these units have a manageable commute to downtown, the medical district and most of Ft. Worth. Of the 12, eight have been updated as tenants have moved out over time. Rents are under market from 30%-40% and present the opportunity to have a higher cap rate.
Price
$1,200,000
Chamberlain Arlington Heights 2nd
Tarrant
12
12 Full
2,725 (approx)
20571311
Active
Description
Investment opportunity to own 12 one-bed one-bath brick units. 100% leased. Located on Bryant Irving & Kilpatrick, these units have a manageable commute to downtown, the medical district and most of Ft. Worth. Of the 12, eight have been updated as tenants have moved out over time. Rents are under market from 30%-40% and present the opportunity to have a higher cap rate.
Listing Information
| Property Type: Fourplex, Multi-Family, 1 Story | ||
| 12 | 12 Full | |
| 0.14 Acres | 2,725 (approx) | 1958 |
| 1 | Brick | |
Chamberlain Arlington Heights 2nd
Slab
Public
Public Sewer
Neighborhood
School Information
| District: Fort Worth ISD | ||
| Como | Monnig | Arlngtnhts |
Room Information
| Bathrooms | |||
| 12 | |||
Interior Features
Electric Range
Other
Window/Wall Unit
Exterior / Lot Features
15 Parking Spaces,
Assigned, Common
Brick
Composition
Driving Directions
From Bryant Irving turn on Kilpatrick. All three will be in the North side of the road.
Financial Considerations
| 00518085 |
| $4,170 |
1031 Exchange, 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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 3/28/2024 | Active | $1,200,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $4,200 USD | - | $184,302 USD | - |
| 2022 | $4,200 USD | -5.08% | $184,302 USD | 14.06% |
| 2021 | $4,425 USD | 34.09% | $161,580 USD | -1.86% |
| 2020 | $3,300 USD | 12.59% | $164,636 USD | 64.84% |
| 2018 | $2,931 USD | 44.74% | $99,876 USD | 37.35% |