Boutique Five-Unit Townhome-Style
1120 Galveston Avenue Fort Worth, TX 76104
1120 Galveston Avenue, Fort Worth, TX, 76104
$2,195,000
For Sale
$2,195,000
MULTI_FAMILY - Fort Worth, TX
Property Size6,350 SF
Lot Size0.34 Acres
Price / SF$345.67
Days on Market48
Property Features for 1120 Galveston Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Bathrooms
- 16
- Rooms
- Bedroom 7, Bedroom 6, Bedroom 5, Bathroom 7, Bedroom 8, Bathroom 3, Bathroom 16, Bedroom 3, Bathroom 4, Bathroom 14, Bathroom 10, Bathroom 8, Bathroom 1, Bathroom 2, Bedroom 4, Bathroom 12, Bathroom 6, Bedroom 1, Bathroom 9, Bedroom 9, Bedroom 2, Bathroom 15, Bathroom 13, Bathroom 5, Bathroom 11
- Parking
- 25
- Parking features
- Open, Garage
- Security features
- Security
- Patio and Porch features
- Deck
- Interior features
- DecorativeDesignerLightingFixtures, EatInKitchen, MultipleStaircases, OpenFloorplan, Pantry, SmartHome, WiredForSound
- Exterior features
- Balcony
- Appliances
- BuiltInRefrigerator, Dishwasher, ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, TrashCompactor, WaterPurifier
- Standard status
- Active
- APN
- 42766191
- Size
- 6,350 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Description
- ORCHIDS CONDOS, THE BLOCK BLDG 1120 LOT 5 UNITS
- Tax Annual Amount
- 8623
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2021
- Floors in Building
- 2
- Number of units
- 5
- Flooring type
- Vinyl
- Building materials
- FiberCement
- Roof type
- Composition
Listing Agency
Listing Results, LLC
(817) 283-5134
Euless, TX
Listed by
Jack McLemore · License #0460808
(817) 283-5134
Added: May 30 Checked: Jul 16 at 9:06 pm
MLS# 21177206
Listing URL
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This newly built boutique multifamily property features five units in a modern urban condo development, designed to feel more like private townhomes than typical condos. Each multi-story residence includes an individual entry, an attached garage, and rooftop or upper-level outdoor space. The overall configuration emphasizes privacy and separation between units while preserving the low-maintenance advantages often associated with condo-style living.
Located in Fort Worth’s Near Southside at 1120 Galveston Avenue, the property is positioned to capture a skyline ambiance, with rooftop or upper outdoor spaces described as offering downtown views. The convenient, self-contained layout of each unit aligns well with tenants or owner-occupants seeking a more residential, experience-driven setting rather than a shared entrance configuration.
For prospective buyers, this small-scale income opportunity offers a differentiated product type within the multifamily segment, combining townhome-style design with attached parking and private outdoor space. It may appeal to investors and owner-operators looking for a cohesive five-unit community where each residence reads distinctly, and leasing prospects can be supported by the on-site features already built into the homes’ layout.
Located in Fort Worth’s Near Southside at 1120 Galveston Avenue, the property is positioned to capture a skyline ambiance, with rooftop or upper outdoor spaces described as offering downtown views. The convenient, self-contained layout of each unit aligns well with tenants or owner-occupants seeking a more residential, experience-driven setting rather than a shared entrance configuration.
For prospective buyers, this small-scale income opportunity offers a differentiated product type within the multifamily segment, combining townhome-style design with attached parking and private outdoor space. It may appeal to investors and owner-operators looking for a cohesive five-unit community where each residence reads distinctly, and leasing prospects can be supported by the on-site features already built into the homes’ layout.
Key Highlights
- 5‑unit property in Fort Worth’s Near Southside at 1120 Galveston Ave
- Newer construction built in 2021
- Each unit has individual entry and an attached garage
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $196.6k | $30.96 |
| − Vacancy | −$21.0k | −$3.31 |
| EGI | $175.6k | $27.65 |
| − OpEx | −$79.0k | −$12.44 |
| NOI | $96.6k | $15.21 |
6,350 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.38M
$1.21M – $1.61M
NOI $96,558 @ 7.0% cap · market cap 4.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.31M
$2.02M – $2.69M
NOI $161,468 @ 7.0% cap · market cap 7.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Newly built five-unit multifamily with individual entries, attached garages, and upper-level outdoor space for a townhome feel.
Where is this apartment building located?
The property is located at 1120 Galveston Avenue Fort Worth, TX.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: 5‑unit property in Fort Worth’s Near Southside at 1120 Galveston Ave; Newer construction built in 2021; Each unit has individual entry and an attached garage
