2265 EVANS, FORT WORTH, TX 76104
Homes for sale in Fort Worth.
Homes for sale in 76104.
2265 Evans
Fort Worth, TX 76104
List Price$239,999
Listing #21066950
About This Property
Welcome to Riata Apartments, a rare multi-family investment opportunity in Fort Worth! This 5-unit property offers a total of 3,400 SQFT and is priced at a super competitive pricing point , giving savvy investors the chance to acquire a true value-add project with exceptional upside potential. The property includes five unique units: Unit I 1 bed 1 bath Unit G -- Studio Unit H -- 2 bed 1 bath Unit M -- 2 bed 1 bath Unit N -- 4 bed 2 bath This diverse unit mix allows for multiple rental strategies and broad tenant appeal, from single professionals and couples to families seeking more space. Once renovated, Riata Apartments could generate strong, stable income across a variety of lease structures. All units require a full renovation, including flooring, kitchens, bathrooms, paint, roof, electrical, plumbing, and appliances. While the property is currently in rough condition, it represents the perfect blank canvas for investors with vision. With the right rehab plan, Riata Apartments can be transformed into a modern, attractive multi-family community positioned to serve the strong rental demand in Fort Worth. The surrounding area continues to see robust population and job growth, making affordable rentals a sought-after commodity. At this price point, the cost per square foot and per unit is well below market averages, leaving plenty of room for value-add improvements and long-term equity growth. Bring your contractor and your creativity--this is not just a property, it's a business opportunity. Whether your goal is buy-and-hold for cash flow, reposition and refinance, or renovate and resell, Riata Apartments offers the framework for exceptional returns in one of Texas' most dynamic rental markets.
Property Features
Location Information
County
Tarrant
Subdivision
SOUTHLAND
Interior Features
Interior
Other
Cooling
Multi Units
Full Baths
6
Floors
Laminate
Has Fireplace
No
Total Number of Units
5
Heating
Central
Exterior Features
Stories
2
Pool Description
None
Construction
Brick, Frame
Lot Size in Acres
0.161
Foundation
Pillar/Post/Pier
Lot Size in Sq. Ft.
7,000
Roof
Asphalt
Buildings
2
Water / Sewer
Electricity Available, Sewer Available, Water Available
Building Total Area (Sq. Ft.)
3,410
Utilities
Electricity Available, Sewer Available, Water Available
Is One Story
No
Parking Description
Asphalt
School
Elementary School District
Fort Worth ISD
Jr. High School
Morningsid
Elementary School
Carrollpea
High School
Polytechni
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
RI
Has a Home Owners Association
No
Year Built
1934
Mortgage Calculator
$1,118
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$864
Monthly Tax
$199
Monthly Insurance
$55
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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