Six-Unit Value-Add Apartment
1037 E Tucker Street Fort Worth, TX 76104
New
1037 E Tucker Street, Fort Worth, TX, 76104
$399,900
For Sale
$399,900
Six-unit apartment building with four 2BR/1BA units and two 1BR/1BA units, with three units vacant for make-ready.
Days on Market3
Property Features for 1037 E Tucker Street
General Information
- Standard status
- Active
- Property subtype
- Apartment
Building Details
- Year Built
- 1965
Listing agency
Property Rights Advocacy Group
(817) 734-1019
Listed by
Rene Jensen · License #0720823
(214) 532-6823
Source
Lonestarluxuryrealty
Added: Jul 20 Updated: Jul 21 at 1:14PM Checked: Jul 22 at 5:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Property Rights Advocacy Group
Investment Insights
Based on property information with market context.
This for-sale six-unit apartment building is configured with four spacious 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. The property has three units intentionally left vacant, giving an incoming owner the opportunity to complete make-ready and cosmetic updates and then lease the units as stabilized. Recent foundational capital improvements include a newly patched and smoothed parking lot and newly installed security window gates.
The property is located in Fort Worth’s Historic Southside area, described as being four minutes east of the Southside-Fairmount and Main Street retail corridors. It is also stated to be less than 1.5 miles from major healthcare employment drivers including JPS Health Network and Texas Health Harris Methodist Hospital, and about six minutes from Tarrant County College Trinity Campus and Texas Wesleyan University. The remarks note that the asset operates on strong municipal fundamentals within Fort Worth ISD, with a stated projection of an 8%+ CAP rate upon full stabilization.
The property is located in Fort Worth’s Historic Southside area, described as being four minutes east of the Southside-Fairmount and Main Street retail corridors. It is also stated to be less than 1.5 miles from major healthcare employment drivers including JPS Health Network and Texas Health Harris Methodist Hospital, and about six minutes from Tarrant County College Trinity Campus and Texas Wesleyan University. The remarks note that the asset operates on strong municipal fundamentals within Fort Worth ISD, with a stated projection of an 8%+ CAP rate upon full stabilization.
Key Highlights
- Six‑unit apartment building built in 1965 with 4 units (2BR/1BA) and 2 units (1BR/1BA)
- Three units are vacant and set up for immediate make‑ready and leasing at stabilized market rates
- Recent property improvements include a newly patched and smoothed parking lot and newly installed security window gates
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FAQs
What type of property is this?
Apartment building - Six-unit apartment building with four 2BR/1BA units and two 1BR/1BA units, with three units vacant for make-ready.
Where is this apartment building located?
The property is located at 1037 E Tucker Street Fort Worth, TX.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Six‑unit apartment building built in 1965 with 4 units (2BR/1BA) and 2 units (1BR/1BA); Three units are vacant and set up for immediate make‑ready and leasing at stabilized market rates; Recent property improvements include a newly patched and smoothed parking lot and newly installed security window gates
