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$825,000

315 Hemphill St, Fort Worth, TX, 76104

Under ContractInfo
CommercialInfo
Baths0 Bath
Baths2,480 Sq Ft
BusinessBusiness
price_per_sqft$332.66 / sqft
Year BuiltBuilt in 1949

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCarpet, Concrete

Exterior

Lot Size9,378 sqft

Building Information

Year Built1949

Land Information

APN21630---19----2C--20
Lot Number2C-3A
SubdivisionJennings South Addition
Land UseCommercial
Legal DescriptionJENNINGS SOUTH ADDITION BLOCK 19 LOT 2C & 3A
Census Tract123600
Assessed Land Value$422,100
Assessed Improvement Value$1,000
Assessment Year2025

About this property

Exceptional opportunity to own almost half an acre of prime commercial land, in Downtown Fort Worth's thriving medical and business district. This unique property features an old schoolhouse, once home to a beloved local bookstore, adding character and charm to this incredible investment. The possibilities are endless! Continue operating businesses in the existing buildings, renovate and repurpose the current structures, or redevelop the property to suit your vision. Potential uses include: With its high-visibility location, rich history, and unbeatable proximity to Fort Worth's medical and commercial hubs, this property is a rare chance to create something truly special. Bring your vision and make your dream development a reality, in one of Fort Worth's most desirable growth areas!

Investor Tools

$0Estimated Mortgage Balance
$423,100Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,950 /month
Positive
Cash Flow Estimate:
$1,650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$753/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,926
$423,100
2025
$422,100
$1,000
$423,100
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,926
$423,100

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$423,100
100%
0%
$0/mo

Learn About the Market: Opportunity in Fort Worth

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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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315 Hemphill St | Property Details | No Agent List