About This Home

This 10-bedroom, 6-bathroom multi-family at 1037 E Tucker Street in Fort Worth, TX is listed for $399,900. Built in 1965, on a 0.11 acres lot.

Key Features

  • Built in 1965
  • 0.12 acre lot
  • 2 stories
  • 8 parking spaces

Property Details

2 stories
6 full
8 spaces
1965
Listing Description

This investment opportunity is listed at a value add price-positioning this 6-plex to be made-ready and stabilized. A rare opportunity to maximize a value add investment product-offering an exceptional future upside in Fort Worth's high-momentum Historic Southside.

The asset features a strategic configuration of four spacious 2-bedroom-1-bath units and two high-yield 1-bedroom-1-bath units. To maximize investor upside, three units have been intentionally left vacant, allowing the incoming owner to immediately execute strategic cosmetic updates and lease them out at full stabilized market rates.

Anchored by recent foundational capital improvements, including a newly patched and smoothed parking lot along with newly installed security window gates, the property operates on strong municipal fundamentals within Fort Worth ISD. Located just four minutes east of the booming Southside-Fairmount and Main Street retail corridors, less than 1.5 mil

es from major healthcare employment drivers like JPS Health Network and Texas Health Harris Methodist Hospital, and six minutes from Tarrant County College Trinity Campus and Texas Wesleyan University, this asset is primed for immediate rent optimization. Upon full stabilization, the property delivers a robust projected pro-forma 8%+ CAP rate in a submarket experiencing a 6.4% year-over-year escalation in property valuations.

Monthly Cost Estimate

$2,139/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,733
Insurance$117

Estimates only. Actual payments may vary.

Location

1037 E Tucker Street

Fort Worth, TX 76104

Union Depot Add

Features & Amenities

Interior Features

OpenFloorplan

Property Details

Flooring

VinylLaminateTileCarpetLinoleum

Construction

WoodSiding

Parking

Driveway

Heating

Central

Cooling

Ceiling Fan(s)

Appliances

DishwasherElectricCooktopRefrigerator

Questions & Answers

This 10-bedroom, 6-bathroom multi-family at 1037 E Tucker Street is listed at $399,900. The estimated monthly payment is $2,139 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1965, 0.12 acre lot, 2 stories, 8 parking spaces. Interior Features: OpenFloorplan.

This property is listed by Jenna Harris and can be reached at 8177341019.

JH

Jenna Harris

Agent at Property Rights Advocacy Group

(817) 734-1019

Listed by Property Rights Advocacy Group · View on Broker Site

MLS# 21318970· Source: listhub· Listed today

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1037 E Tucker Street, Fort Worth, TX 76104

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