5933 SHADYDELL Drive, Fort Worth TX, 76135
(Active)
$6,800,000
|
80 beds, 43,520 sqft
|
MLS# 20607886
Last Updated: 5/18/2024 1:31 AM
Description for
5933 SHADYDELL Drive
Fort Worth, TX 76135
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 Bath.**Seller is willing to sell the individual fourplexes with quick closing**DO NOT DISTURB TENANTS! *Showings will not be allowed unless the offer is executed and the proof of funds are submitted*
Price
$6,800,000
SHADYDELL
Tarrant
80
43,520 (approx)
20607886
Active
Description
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 Bath.**Seller is willing to sell the individual fourplexes with quick closing**DO NOT DISTURB TENANTS! *Showings will not be allowed unless the offer is executed and the proof of funds are submitted*
Listing Information
| Property Type: Fourplex, Multi-Family, 2 Story | ||
| 80 | 3.17 Acres | 43,520 (approx) |
| 1985 | 2 | Brick |
SHADYDELL
Other
Public
Public Sewer
Neighborhood
School Information
| District: Eagle MT-Saginaw ISD | ||
| Greenfield | Ed Willkie | Chisholm Trail |
Room Information
Fireplace
Interior Features
Dishwasher, Electric Range, Microwave, Refrigerator
Ceramic Tile, Laminate, Carpet
Electric
Electric Heating
Living Room
Walk-In Closet(s)
Exterior / Lot Features
80 Parking Spaces,
Carport
Brick
Asphalt
Driving Directions
PLEASE FOLLOW GPS
Financial Considerations
| 05433010 |
1031 Exchange, Cash, Conventional
Listing Price History
Fort Worth Real Estate
Fort Worth is located in Texas. Fort Worth, Texas 76135 has a population of 915,363.
The median household income in Fort Worth, Texas 76135 is $68,134. 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 76135 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 |
|---|---|---|---|
| 5/3/2024 | Active | $6,800,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $13,363 USD | 11.60% | $545,985 USD | - |
| 2022 | $11,974 USD | 12.44% | $545,985 USD | 25.51% |
| 2021 | $10,649 USD | -2.06% | $435,000 USD | 14.47% |
| 2020 | $10,873 USD | 53.83% | $380,000 USD | - |
| 2018 | $7,068 USD | -4.10% | $380,000 USD | 53.28% |