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Four-Unit Residential Income Property

4926 Flamingo Road Fort Worth, TX 76119

4926 Flamingo Road, Fort Worth, TX, 76119
$448,000
For Sale
Claim this Listing
$448,000

MULTI_FAMILY - Fort Worth, TX

Lot Size0.21 Acres
AddedMay 29
Days on Market48
Last RefreshJul 15 at 11:06 pm

Property Features for 4926 Flamingo Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
4
Parking features
Parking Lot
Interior features
HighSpeedInternet, CableTv
Appliances
Dishwasher, Disposal, Microwave
Standard status
Active
APN
05843200
Lot size
0.21 Acres

Taxes and HOA fees

Tax Description
COUCH, J T ADDITION BLOCK 6 LOT 20R8
Tax Annual Amount
8795

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public

Building Details

Year built
1986
Floors in Building
1
Number of units
4
Flooring type
Tile
Roof type
Composition

Listing agent Oladapo Wahab License #0809599

Listing office Keller Williams Prosper Celina Celina, TX

Listing date May 29, 2026

MLS# 21277280 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 exceptional quadruplex offers four separate residential units, each configured with 2 bedrooms, 1 full bath, and 1 half bath. Each unit is approximately 780 square feet, designed for straightforward tenant living and ease of management. With current rents at $1,120 per month per unit and projected market rents averaging around $1,400 per month, the property presents an immediate opportunity for income improvement. The asset is professionally managed by an experienced property management company with established tenant relationships, supporting a more hands-off ownership experience. Section 8 approval further broadens the pool of potential tenants.

Located near public transportation as well as shopping and dining, the property is positioned to appeal to renters who value convenience alongside comfortable, functional floorplans. The combination of accessibility and everyday amenities can help sustain demand for a multi-unit investment.

For investors and buyers seeking dependable cash flow, this four-unit structure provides multiple income streams within a single asset. The mix of existing rent levels and projected market rent suggests room for upside, while long-term appreciation potential remains a key consideration for holding and growth. With Section 8 approval and established management, the property may be well-suited for those prioritizing steadier operations and rental performance.

Key Highlights

  • Quadruplex with 4 separate units; each unit has 2 bedrooms, 1 full bath, and 1 half bath
  • Approx. 780 sq. ft. per unit; Year built 1986
  • Current rents $1,120/month; projected market rents average around $1,400/month

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Nail Salon Pharmacy Big Box & Wholesale Store Parking Lot & Garage Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four separate 2-bedroom units with Section 8 approval support reliable income and prospective rent growth for investors.
Where is this quadplex located?
The property is located at 4926 Flamingo Road Fort Worth, TX.
What is the asking price?
The asking price for this property is $448,000.
What are key features of this property?
This property features: Quadruplex with 4 separate units; each unit has 2 bedrooms, 1 full bath, and 1 half bath; Approx. 780 sq. ft. per unit; Year built 1986; Current rents $1,120/month; projected market rents average around $1,400/month
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