Views
Address
2502 Race Street, Fort Worth, TX
Price
$ 524,900
Property Attributes
  • MLS#20452805
  • TypeMulti-Family
  • CountyTARRANT
  • CityFort Worth
  • NeighborhoodSelf E A Add
  • Zip76111
  • StyleMultiple Single Units
  • Year Built1938
  • Taxes$ 9961
  • Price$ 524,900
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Lot Size0.404 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

LOCATION LOCATION LOCATION! This lot is for sale along with the one next to it at 2504 Race Street for a total of over .4 acres. Both lots are zoned B-1 for duplexes, but which also allows for two properties per lot. Current main house is leased out and the two houses in the back could easily be fixed up and leased out. Or the lot can be cleared and up to four houses can be constructed. Surrounding properties have been re-zoned for multi-use so even a small apartment or condo complex could be developed. Perfect opportunity for an investment in the booming Riverside District. Views of Downtown, the Trinity River and so much more. The surrounding area is being revitalized and property values are on the rise. Come see the amazing potential of this property located on Race Street right between Oakhurst and Sylvania. Listing is being sold with MLS number MLS number 20448204

Elementary School
Oakhurst Elementary School
Price History
10/11/2023 Listed $550,000
12/6/2023 5% - $525,000
2/28/2024 1% - $524,900

General Features

Heating Wall Furnace
Complex Name NA
Cooling Wall/Window Unit(s)
Utilities City Sewer,City Water,Electricity Connected
Possession Closing/Funding
Roof Composition
Appliances Other
School District Fort Worth ISD
Capitalization Rate 4.88
Year Built 1938
Levels One
Unexempt Taxes 9961
Will Subdivide No
Gross Annual Expenses 9961.00
Property SubType Multiple Single Units
Subdivision Name Self E A Add
Insurance Expense 2400
Occupant Type Tenant
County Tarrant
Property Type Residential Income
Construction Materials Siding
Year Built Details Preowned
HOA Type None
# of Buildings 3
Status Active
Directions Oakhurst Scenic to Race Street. East on Race Street,property is on the right
City Fort Worth
Buyer Agent Compensation 3%
Elementary School Name Oakhurst
High School Carter Riv
Street Name Race
Elementary School Oakhurst
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20452805
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Interior Features Other
Flooring Other
Total Units 3
Unit Count 3
Full Baths 3
Lock Box Type None
Street Suffix Street
Total Bedrooms 5

Exterior Features

Lot Features Few Trees,Interior Lot,Lrg. Backyard Grass
Fencing Chain Link
Parking Features Covered,Driveway,Garage Faces Front
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier
Lot Size Area 0.4040
Number Of Parking Spaces 8
Lot Size Units Acres
Building Area Total 1410.00
Lot Size Square Feet 17598.2400
Lot Size Acres 0.4040

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 76111

Price
AVG $460K
$520K
Taxes
AVG $6,677
$9,961
Visits
AVG 205
403
Data Provided by Inside Real Estate®
Year Built
AVG 1942
1938
Walkscore
AVG 78
78
Data Provided by Walkscore® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.