




$681,000
1316 S Adams, Fort Worth, TX, 76104
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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.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Fort Worth
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