5 CHELSEA DRIVE, FORT WORTH, TX 76134
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5 Chelsea Drive
Fort Worth, TX 76134
List Price$300,000
Listing #21178417
About This Property
After 50 years in the same family, this beloved home is ready for its next chapter. Situated on over one acre on highly desirable Chelsea Drive in Edgecliff Village, this property offers a rare opportunity to create something truly special in one of the area's most coveted streets. Known for its wide streets, mature trees, & spacious estate-sized lots, Chelsea Drive is a location buyers wait for. The home itself will require SIGNIFICANT UPDATES AND REPAIRS, but the setting, lot size, & long-term ownership make this an exceptional opportunity for renovation or redevelopment. Whether you envision restoring its character or designing your dream home from the ground up, the possibilities here are remarkable! The original home is beautiful, warm & inviting! It boasts a huge open living room dining room space with original real hardwoods, & a large kitchen with breakfast nook & bay window! It features 3 spacious bedroom & 2 bathrooms. As you enter the front FOYER, the Original Home is everything to your left & the Addition is everything to the right. Many years ago, an Addition was added with a 2nd living area, oversized 4TH BEDROOM with serves as a 2nd master & a 3RD FULL BATH, creating a spacious Mother-in-law suite! The Addition is the main area in need of significant repairs. You could definitely live in the main part of the home while repairs are done to the Addition! The Lot is oversized & has plenty of room to add a pool, build bigger, or anything you can dream of! Properties on over an acre in Fort Worth rarely come available -- especially with this kind of history & potential. Bring your vision & make the next 50 years just as meaningful. The property requires extensive repairs & updates and is being sold as-is, seller will make no repairs. This is an excellent opportunity for investors, builders, or buyers looking to renovate or build new in an established neighborhood setting. HOME IS PRICED ACCORDINGLY, PRICE IS FOR AS-IS CURRENT CONDITION
Property Features
Location Information
County
Tarrant
Subdivision
Edgecliff Add
Interior Features
Rooms
First Floor Family Room, First Floor Living Room, First Floor Primary Bedroom
Has Fireplace
Yes
Interior
Built-in Features, Eat-in Kitchen, In-Law Floorplan, Multiple Master Suites, Open Floorplan, Pantry
Number of Fireplaces
2
Master Bedroom Description
0 x 0
Heating
Central, Electric
Full Baths
3
Cooling
Central Air, Electric
Living Room Description
0 x 0
Appliances
Electric Cooktop, Electric Oven
Exterior Features
Style
Detached
Garage Spaces
2
Stories
1
Pool Description
None
Construction
Brick
Lot Description
Acreage, Cleared
Foundation
Combination
Lot Size in Acres
1.242
Water / Sewer
Natural Gas Available, Sewer Available, Separate Meters, Water Available
Lot Size in Sq. Ft.
54,101
Utilities
Natural Gas Available, Sewer Available, Separate Meters, Water Available
Is One Story
Yes
Parking Description
Garage Faces Front
Lot Description
Acreage, Cleared
Has Garage
Yes
School
Elementary School District
Fort Worth ISD
Jr. High School
Wedgwood
Elementary School
Greenbriar
High School
Southhills
Additional Information
Property Type
SFR
Status
Active
Property SubType 2
House
Has a Home Owners Association
No
Property SubType
Single Family Residence
Tax Annual Amount
4275.0
Year Built
1954
Exclusions
WOODEN FIREPLACE MANTLE, THE 2 SMALL WOODEN DOORS IN FRONT ENTRY, THE SLIDING DOORS IN THE 2ND MASTER (ALL OF THESE ITEMS ARE IN THE "ADDITION")
Similar Listings
Mortgage Calculator
$1,401
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,081
Monthly Tax
$250
Monthly Insurance
$70
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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