7504 CHAPIN ROAD, FORT WORTH, TX 76116
Homes for sale in Fort Worth.
Homes for sale in 76116.
7504 Chapin Road
Fort Worth, TX 76116
List Price$724,500
Listing #21063188
About This Property
Unlock immediate income potential with this rare multi-family fourplex, ideally situated in the heart of Highland Homes. Each of the four units offers a private front entrance, a fenced backyard patio, and a thoughtfully designed two-bedroom, 1.5-bath layout that appeals to long-term tenants. Inside, residents enjoy expansive living rooms with fireplaces, open dining areas, efficient kitchens, convenient first-floor half baths with utility closets, and upstairs layouts featuring two spacious bedrooms and a full bath. Two units have been recently updated with modern finishes, including fresh neutral paint, new flooring and carpet, updated fixtures, and kitchens enhanced with granite countertops, stainless sinks, and newer appliances, while select bathrooms showcase granite vanities and stylish hardware. With three units already occupied, the property is generating steady rental income, complemented by recent capital improvements such as two HVAC systems replaced within the past three years. Additional conveniences include covered rear carport parking and extra open spaces for guests. Tenants will also appreciate the unbeatable location with easy access to Camp Bowie Blvd, I-20, Highway 377, Loop 820, and I-30, making commutes across the metroplex quick and convenient. A true turnkey opportunity, this fourplex is perfectly suited for both seasoned investors seeking reliable returns and first-time buyers eager to own an income-producing property in a prime Fort Worth location.
Property Features
Location Information
County
Tarrant
Subdivision
Highland Homes Add
Interior Features
Interior
Decorative/Designer Lighting Fixtures, Granite Counters, High Speed Internet, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s)
Heating
Central, Electric, Fireplace(s)
Full Baths
4
Cooling
Central Air, Ceiling Fan(s), Electric
1/2 Baths
4
Floors
Ceramic Tile, Luxury Vinyl Plank, Tile, Vinyl, Wood
Has Fireplace
Yes
Appliances
Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
Number of Fireplaces
1
Total Number of Units
4
Exterior Features
Stories
2
Fencing
Back Yard, Fenced, Full, Gate, Privacy, Wood
Construction
Brick, Wood Siding
Pool Description
None
Exterior
Lighting, Private Yard
Lot Description
Interior Lot, Landscaped, Level, Few Trees
Foundation
Slab
Lot Size in Acres
0.284
Roof
Composition, Shingle
Lot Size in Sq. Ft.
12,371
Water / Sewer
Electricity Available, Electricity Connected, Overhead Utilities, Phone Available, Sewer Available, Separate Meters, Water Available, C
Buildings
1
Utilities
Electricity Available, Electricity Connected, Overhead Utilities, Phone Available, Sewer Available, Separate Meters, Water Available, C
Building Total Area (Sq. Ft.)
4,298
Security System
Smoke Detector(s), Security Lights
Road Description
All Weather Road
Parking Description
Additional Parking, Assigned, Concrete, Covered, Carport, Detached Carport, Lighted, Outside, On Street
Is One Story
No
Garage Spaces
0
Lot Description
Interior Lot, Landscaped, Level, Few Trees
School
Elementary School District
Fort Worth ISD
Jr. High School
Leonard
Elementary School
Luellamerr
High School
Westn Hill
Additional Information
Year Built Details
Preowned
Has a Home Owners Association
No
Property Type
RI
Tax Annual Amount
11416.0
Property SubType
Quadruplex
Community Features
Trails/Paths, Curbs
Year Built
1984
Lot Acres Source
Public Records
Status
Active
Similar Listings
Mortgage Calculator
$3,382
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,610
Monthly Tax
$603
Monthly Insurance
$169
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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