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Multifamily Property with Expansion

10520 Tube Drive, Fort Worth, TX 76053

For Sale
$4,800,000

ResidentialIncome, Fort Worth, TX

Property Size48,000 SF
Lot Size3.68 Acres
Price / SF$100
Days on Market9

Property Features for 10520 Tube Drive

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Property condition Under Construction
Bedrooms 99
Rooms Bedroom 79, Bedroom 34, Bedroom 82, Bedroom 86, Bedroom 63, Bedroom 92, Bedroom 55, Bedroom 71, Bedroom 14, Bedroom 39, Bedroom 87, Bedroom 89, Bedroom 36, Bedroom 58, Bedroom 53, Bedroom 15, Bedroom 43, Bedroom 46, Bedroom 45, Bedroom 6, Bedroom 40, Bedroom 85, Bedroom 74, Bedroom 94, Bedroom 27, Bedroom 9, Bedroom 64, Bedroom 11, Bedroom 28, Bedroom 98, Bedroom 32, Bedroom 56, Bedroom 91, Bedroom 76, Bedroom 66, Bedroom 35, Bedroom 97, Bedroom 41, Bedroom 33, Bedroom 78, Bedroom 54, Bedroom 24, Bedroom 48, Bedroom 77, Bedroom 75, Bedroom 80, Bedroom 21, Bedroom 49, Bedroom 17, Bedroom 59, Bedroom 22, Bedroom 68, Bedroom 51, Bedroom 70, Bedroom 57, Bedroom 81, Bedroom 88, Bedroom 60, Bedroom 44, Bedroom 10, Bedroom 38, Bedroom 50, Bedroom 31, Bedroom 19, Bedroom 62, Bedroom 65, Bedroom 18, Bedroom 7, Bedroom 3, Bedroom 2, Bedroom 13, Bedroom 67, Bedroom 52, Bedroom 61, Bedroom 83, Bedroom 84, Bedroom 90, Bedroom 99, Bedroom 8, Bedroom 73, Bedroom 30, Bedroom 16, Bedroom 1, Bedroom 26, Bedroom 95, Bedroom 93, Bedroom 20, Bedroom 96, Bedroom 25, Bedroom 37, Bedroom 42, Bedroom 69, Bedroom 12, Bedroom 29, Bedroom 4, Bedroom 5, Bedroom 72, Bedroom 23, Bedroom 47
Parking 92
Parking features Parking Lot
Interior features DecorativeDesignerLightingFixtures, EatInKitchen, GraniteCounters, KitchenIsland, OpenFloorplan, Pantry, CableTv, WalkInClosets
Appliances Dishwasher, ElectricRange, Disposal, Microwave
Subdivision Valley Vista Add
Elementary school Wilshire
Middle school Harwood
High school Trinity
Elementary school district Hurst-Euless-Bedford ISD
Middle school district Hurst-Euless-Bedford ISD
High school district Hurst-Euless-Bedford ISD
Directions GPS
Standard status Active
APN 05867711
Size 48,000 SF
Lot size 3.68 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description VALLEY VISTA ADDITION BLOCK 3 LOT 1
Tax Annual Amount 4035
Legal Description VALLEY VISTA ADDITION BLOCK 3 LOT 1

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 2026
Floors in Building 2
Number of units 32
Flooring type Carpet, Vinyl
Building materials Brick, Frame
Roof type Composition
Buildings 3
Listing Agency: TEXAS ALLIANCE REAL ESTATE
Listed By: Sarfaraz Hansraj · License TX #0646963
Added: Nov 4 Changed: Nov 10 Last Checked: Nov 12 at 6:06PM
MLS# 21428917

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.

Rey
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Investment Insights

Based on property information with market context.

This 3.68-acre multifamily development is planned for 32 apartments across 8 buildings. The first 3 buildings, comprising 12 units, were completed in 2026 and are fully leased. Five additional buildings, totaling 20 units, remain to be constructed; the property is listed as under construction.

A city-approved site plan and completed architectural plans are in place. Electricity, water, sewer, and fiber have been extended to each of the five future building sites, and concrete road and parking work is complete. Plans for one building have been submitted for city review, with minor comments remaining. Public water and sewer serve the property.

Key Highlights

  • 32 planned apartments across 8 buildings
  • 12 completed units are fully leased
  • Remaining 20 units are planned across 5 construction‑ready building sites

Property Analytics

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Lease Details

12
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

335
Businesses Nearby

Demographics for 76053, TX

31,935
Population
12,803
Households
2.5
Avg Household Size
36
Median Age
29%
College-Educated
87%
High-School Grad
8.1 sq mi
ZIP Area
3,943
Density / Sq Mi
$62,402
Median Household Income
$39,147
Median Earnings
$1,322
Median Rent
$254,800
Median Home Value
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Market

Properties on Market for Apartment buildings in Tarrant County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Twelve completed apartments are leased, with approved plans and site infrastructure in place for a further 20 units.
Where is this apartment building located?
The property is located at 10520 Tube Drive Fort Worth, TX.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: 32 planned apartments across 8 buildings; 12 completed units are fully leased; Remaining 20 units are planned across 5 construction‑ready building sites
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