1037 E TUCKER STREET, FORT WORTH, TX 76104

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Homes for sale in 76104.


Active

List Price$399,900

1037 E Tucker Street

Fort Worth, TX 76104

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21318970

10

Bedrooms

6 full

Bathrooms

3,470

Square Feet

6

Number of Units

Multi-Unit Residential

Type

About This Property

This investment opportunity is listed at a value add price--positioning this 6-plex to be made-ready and stabilized. A rare opportunity to maximize a value add investment product--offering an exceptional future upside in Fort Worth's high-momentum Historic Southside. The asset features a strategic configuration of four spacious 2-bedroom-1-bath units and two high-yield 1-bedroom-1-bath units. To maximize investor upside, three units have been intentionally left vacant, allowing the incoming owner to immediately execute strategic cosmetic updates and lease them out at full stabilized market rates. Anchored by recent foundational capital improvements, including a newly patched and smoothed parking lot along with newly installed security window gates, the property operates on strong municipal fundamentals within Fort Worth ISD. Located just four minutes east of the booming Southside-Fairmount and Main Street retail corridors, less than 1.5 miles from major healthcare employment drivers like JPS Health Network and Texas Health Harris Methodist Hospital, and six minutes from Tarrant County College Trinity Campus and Texas Wesleyan University, this asset is primed for immediate rent optimization. Upon full stabilization, the property delivers a robust projected pro-forma 8%+ CAP rate in a submarket experiencing a 6.4% year-over-year escalation in property valuations.

Property Features

Location Information

County

Tarrant

Subdivision

Union Depot Add

Interior Features

Interior

Open Floorplan, Other

Cooling

Ceiling Fan(s)

Full Baths

6

Floors

Carpet, Ceramic Tile, Laminate, Linoleum, Luxury Vinyl Plank, Other

Has Fireplace

No

Appliances

Dishwasher, Electric Cooktop, Refrigerator

Heating

Central

Total Number of Units

6

Exterior Features

Stories

2

Pool Description

None

Construction

Unknown, Wood Siding

Lot Size in Acres

0.115

Foundation

Slab

Lot Size in Sq. Ft.

5,009

Roof

Built-Up, Flat

Buildings

1

Utilities

Electricity Available, Sewer Available, Water Available

Building Total Area (Sq. Ft.)

3,470

Parking Description

Asphalt, Driveway

Is One Story

No

School

Elementary School District

Fort Worth ISD

Jr. High School

Morningsid

Elementary School

Van Zandt

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

RI

Has a Home Owners Association

No

Property SubType

Apartment

Tax Annual Amount

8581.0

Year Built

1965

Lot Acres Source

Assessor

Similar Listings

Mortgage Calculator

$1,867

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,441

Monthly Tax

$333

Monthly Insurance

$93

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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