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$449,000

2836 Hemphill St, Fort Worth, TX, 76110

$583,700 ARVInfo
Under ContractInfo
CommercialInfo
Baths0 Bath
Baths5,645 Sq Ft
OfficeOffice
Year BuiltBuilt in 1930

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
FlooringCarpet, Tile, Wood

Exterior

Lot Size11,996 sqft

Building Information

Year Built1930

Land Information

APN39450-14-15-30
Lot Number15-N27
SubdivisionSouth Hemphill Heights Addn
Land UseCommercial
Legal DescriptionSOUTH HEMPHILL HEIGHTS ADDN BLOCK 14 LOT 15 & N27' 14
Census Tract104400
Assessed Land Value$24,000
Assessed Improvement Value$596,950
Assessment Year2025

About this property

Fort Worth Investment Opportunity! Bring your vision and unlock the potential of this centrally located commercial property in the heart of one of North Texas' most dynamic areas. Formerly operated as a senior center, this property offers a flexible layout and endless possibilities for redevelopment. Extensive repairs and renovations are needed, making this an ideal project for investors, developers, entrepreneurs, or owner-users looking to create a custom space tailored to their needs. Reimagine the property as professional offices, creative studios, retail space, a restaurant, community gathering place, wellness center, or a mixed-use concept. Situated in a high-demand location near downtown Fort Worth's thriving business, dining, entertainment, and cultural districts, the property benefits from excellent visibility, accessibility, and long-term growth potential. Whether you're seeking your next value-add investment or the perfect canvas to bring your dream business concept to life, this property presents a rare opportunity to transform a well-located building into something extraordinary. Sold as-is. Cash buyers only.

Investor Tools

Property Icon
$620,950
Estimated Property Value
$0Estimated Mortgage Balance
$620,950Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$583,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,726 /month
Positive
Cash Flow Estimate:
$1,242 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,134/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,508
$620,950
2025
$24,000
$596,950
$620,950
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,508
$620,950

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$620,950
100%
0%
$0/mo

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

Explore

Fort Worth

Fort Worth has transformed into one of the fastest-growing large cities in America. Anchoring the western side of the Dallas–Fort Worth Metroplex, the city combines its historic cattle industry and western heritage with modern economic strength. Major employers include aerospace and defense firms, healthcare systems, transportation companies, and advanced manufacturers.

With over one million residents and continued population growth at one of the fastest rates among major U.S. cities, Fort Worth offers relatively affordable housing compared to many peer cities while maintaining the economic advantages of a major metropolitan area. From North Fort Worth growth corridors to established neighborhoods, the city attracts homebuyers, businesses, and new residents seeking opportunity and affordability.

Explore Texas Explore This Area
Population Growth

Population Growth

11.9% since 2020

Net Migration

Net Migration

Strong Positive Migration

Median Home Price

Median Home Price

$299,655

Unemployment Rate

Unemployment Rate

3.7%

Price Trend

Price Trend

-2.5% YoY

New Permits

New Permits

158K

City: Fort Worth

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2836 Hemphill St | Property Details | No Agent List