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$249,900

5401 David Strickland Road, Fort Worth, TX, 76119

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths2,160 Sq Ft
BusinessBusiness
price_per_sqft$115.69 / sqft
Year BuiltBuilt in 1948

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCarpet, Ceramic Tile

Exterior

Lot Size26,184 sqft

Building Information

Year Built1948

Land Information

APN40723----1----1---20
Lot Number1,2
SubdivisionSun Valley Addition
Land UseOther / Unknown
Legal DescriptionSUN VALLEY ADDITION BLOCK 1 LOT 1 BLK 1 LTS 1 & 2
Census Tract106400
Assessed Land Value$144,034
Assessed Improvement Value$145,542
Assessment Year2025

About this property

LOCATION! Fabulous commercial property on I-820 Service Rd. This property is in a Neighborhood Empowerment Zone, so you get all kinds of government incentives! (See attached docs for more information.) So many possibilities! Tear down current building & start fresh or refurbish the one that’s there. It has been used as a church for years. It has 2 offices, 2 bathrooms, 3 classrooms & a good size sanctuary (could seat about 100 people). Plenty of room for parking. This parcel is just over a half-acre (.6012 acre). Inside was redone & HVAC installed c. 2010… roof c. 2012. (Sadly, some kids vandalized the building, breaking out the windows & busting mirrors). – This is the opportunity you’ve been looking for!

Investor Tools

Property Icon
$289,576
Estimated Property Value
$0Estimated Mortgage Balance
$289,576Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,737 /month
Positive
Cash Flow Estimate:
$579 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$121/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$289,576
2025
$144,034
$145,542
$289,576
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$289,576

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$289,576
100%
0%
$0/mo

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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5401 David Strickland Road | Property Details | No Agent List