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$656,000

4824 Wellesley Avenue A-D, Fort Worth, TX, 76107

Off MarketInfo
Beds8 Beds
Baths4 Bath
Baths3,348 Sq Ft
ApartmentApartment
Year BuiltBuilt in 1980

Highlights

Interior

Bedrooms 8Bedrooms 8
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesBalcony, Lighting
Lot Size6,247 sqft

Building Information

Year Built1980

Land Information

APN-7000---21---27R--E2
Lot Number27R
SubdivisionChamberlain Arlington Hts 2nd
Land UseResidential
Legal DescriptionCHAMBERLAIN ARLINGTON HTS 2ND BLOCK 21 LOT 27R LESS PORTION WITH EXMEPTION 75% OF VALUE
Census Tract102601
Assessed Land Value$18,750
Assessed Improvement Value$364,623
Assessment Year2025

About this property

Phenomenally updated 4-Plex Investment Opportunity near TCU and Central Market in Sunset Heights. Don't miss this exceptional opportunity to acquire a turnkey multi-family property in a highly desirable Fort Worth location. This property includes four identical residential units, presenting great income producing potential for the savvy investor. All four units vacant and ready for immediate occupancy. They are currently being marketed for lease at $1,395 per unit. The units feature new roof, carpet, cabinetry, doors, LVP floors, paint, updated lighting and hardware, landscaping and more. Situated moments away from Texas Christian University (TCU), Central Market, the Fort Worth Zoo, and an array of fantastic shopping and dining options. This is a rare chance to secure a promising asset in a vibrant neighborhood.

Investor Tools

Property Icon
$656,000
Estimated Property Value
$0Estimated Mortgage Balance
$656,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,199 /month
Positive
Cash Flow Estimate:
$1,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$990/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,602
$383,373
2025
$18,750
$364,623
$383,373
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,602
$383,373

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$656,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Fort Worth

Local Market Pages

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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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4824 Wellesley Avenue A-D | Property Details | No Agent List