824 KARNES STREET, FORT WORTH, TX 76111
Homes for sale in Fort Worth.
Homes for sale in 76111.
824 Karnes Street
Fort Worth, TX 76111
List Price$183,500
Listing #21046630
About This Property
Value-Add Investment Opportunity with Strong Cash-Flow Upside Bring your vision, tools, and creativity to unlock the full potential of this true value-add property. This is a genuine fixer with multiple income paths--ideal for investors seeking forced appreciation and long-term cash flow. The property features multiple living areas, creating a unique opportunity for multi-unit rental income, house hacking, or portfolio expansion. The main residence includes its own kitchen, bath, and laundry, providing a solid foundation for renovation and modernization. One side of the property is unfinished, offering a clean slate for build-out, while the remaining areas require repairs and cosmetic updates--perfect for an investor ready to add value through improvements. With separate and flexible layouts, one unit includes a private entrance, making it well-suited for an additional rental, short-term income, office, or studio space. Another area presents a blank canvas ready for redevelopment, allowing you to tailor the property to your preferred investment strategy. Located in a highly convenient area near grocery stores, restaurants, downtown, TX-121, and Belknap, and within walking distance to Sylvania Park, this property combines strong location fundamentals with upside potential--a rare combination for investors. Investor Notes: Per seller, no seller financing. No emailed offers. All offers must be submitted on a signed contract with proof of funds and pre-approval.
Property Features
Location Information
County
Tarrant
Subdivision
Mathis Sub
Interior Features
Rooms
First Floor Living Room, First Floor Primary Bedroom
Living Room Description
0 x 0
Interior
Other
Has Fireplace
No
Master Bedroom Description
0 x 0
Number of Fireplaces
0
Full Baths
3
Appliances
Gas Range, Microwave
Exterior Features
Style
Detached
Garage Spaces
0
Stories
1
Pool Description
None
Water / Sewer
Sewer Available, Water Available
Lot Size in Acres
0.13
Utilities
Sewer Available, Water Available
Lot Size in Sq. Ft.
5,662
Parking Description
Driveway
Is One Story
Yes
School
Elementary School District
Fort Worth ISD
Jr. High School
Riverside
Elementary School
Oakhurst
High School
Carter Riv
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
3556.0
Year Built
1912
Similar Listings
Mortgage Calculator
$855
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$661
Monthly Tax
$152
Monthly Insurance
$42
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
Real Estate IDX Powered by iHomefinder

