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$681,000

1316 S Adams, Fort Worth, TX, 76104

Off MarketInfo
Baths0 Bath
Baths2,832 Sq Ft
QuadruplexQuadruplex
price_per_sqft$164.19 / sqft
Year BuiltBuilt in 1916

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,501 sqft

Building Information

Year Built1916
Stories2
Garage Spaces1

Land Information

APN36605---26----7H--20
Lot Number7H,8D
SubdivisionRoss, D S Subdivision
Land UseResidential
Legal DescriptionROSS, D S SUBDIVISION BLOCK 26 LOT 7H BLK 26 LTS 7H & 8D
Census Tract123700
Assessed Land Value$165,000
Assessed Improvement Value$376,200
Assessment Year2025

About this property

Located just steps from Magnolia on a beautiful block of stately homes, potential abounds in this Fairmount diamond in the rough. Situated on a lot and a half, this 2832sf structure also has an apartment (not included in square footage) over the two-car detached garage. Its two balconies overlook Magnolia and the Near Southside. Taken down to the studs with some improvements already made (HVAC, electrical, plumbing), it is ready for your customization. Zoned C (multifamily, medium density), total number of units to be determined by buyer (easily as many as four in main structure plus garage apartment). Bring your ideas and contractor and transform this blank slate! Being sold as-is.

Investor Tools

Property Icon
$681,000
Estimated Property Value
$0Estimated Mortgage Balance
$681,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,086 /month
Positive
Cash Flow Estimate:
$1,362 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,374/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,089
$541,200
2025
$165,000
$376,200
$541,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,089
$541,200

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$681,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
3.4%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Fort Worth

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