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32-Unit Apartment Development
New
For Sale
$7,125,000

10520 Tube Drive, Fort Worth, TX 76053

ResidentialIncome, Fort Worth, TX

Property SizeContact for details
Lot Size3.68 Acres
Days on Market3

Property Features for 10520 Tube Drive

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Property condition Under Construction
Bedrooms 99
Rooms Bedroom 60, Bedroom 48, Bedroom 80, Bedroom 88, Bedroom 16, Bedroom 93, Bedroom 70, Bedroom 25, Bedroom 84, Bedroom 18, Bedroom 39, Bedroom 30, Bedroom 49, Bedroom 44, Bedroom 24, Bedroom 4, Bedroom 34, Bedroom 1, Bedroom 43, Bedroom 91, Bedroom 29, Bedroom 11, Bedroom 98, Bedroom 61, Bedroom 42, Bedroom 69, Bedroom 47, Bedroom 81, Bedroom 78, Bedroom 20, Bedroom 15, Bedroom 72, Bedroom 3, Bedroom 21, Bedroom 9, Bedroom 19, Bedroom 54, Bedroom 12, Bedroom 32, Bedroom 26, Bedroom 87, Bedroom 52, Bedroom 37, Bedroom 76, Bedroom 57, Bedroom 7, Bedroom 59, Bedroom 17, Bedroom 31, Bedroom 35, Bedroom 67, Bedroom 73, Bedroom 8, Bedroom 77, Bedroom 64, Bedroom 83, Bedroom 36, Bedroom 53, Bedroom 79, Bedroom 62, Bedroom 33, Bedroom 82, Bedroom 65, Bedroom 55, Bedroom 41, Bedroom 99, Bedroom 2, Bedroom 6, Bedroom 14, Bedroom 90, Bedroom 27, Bedroom 51, Bedroom 95, Bedroom 38, Bedroom 89, Bedroom 40, Bedroom 68, Bedroom 66, Bedroom 96, Bedroom 85, Bedroom 5, Bedroom 13, Bedroom 56, Bedroom 94, Bedroom 71, Bedroom 46, Bedroom 86, Bedroom 28, Bedroom 58, Bedroom 10, Bedroom 22, Bedroom 45, Bedroom 63, Bedroom 74, Bedroom 75, Bedroom 50, Bedroom 23, Bedroom 92, Bedroom 97
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
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 Central Air, Electric
Water source Public

Building Details

Year built 2026
Floors in Building 2
Number of units 32
Flooring type Vinyl, Carpet
Building materials Brick, Frame
Roof type Composition
Buildings 8
Listing Agency: TEXAS ALLIANCE REAL ESTATE
Listed By: Sarfaraz Hansraj · License #0646963
Added: Oct 27 Changed: Oct 28 Last Checked: Oct 29 at 8:06PM
MLS# 21422253

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 apartment development is planned for 32 units across 8 buildings. Three buildings containing 12 units are complete and fully leased; the remaining 5 buildings, totaling 20 units, are prepared for construction. The completed apartments were built in 2026 and feature brick-and-frame construction, central heating and cooling, and parking-lot access.

Infrastructure and approvals are in place for the next phase. Electricity, water, sewer, and fiber-optic service have been brought to each of the 5 building sites. Concrete road and parking work is complete, and the site plan has city approval. Architectural plans are complete, while plans for one building have been submitted and reviewed, with a small number of comments remaining.

Key Highlights

  • 32 units planned in 8 buildings across 3.68 acres
  • 12 completed units in 3 buildings are fully leased
  • Remaining 20 units are planned across 5 construction‑ready buildings

Property Analytics

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Lease Details

32
Residential units
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

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 - The property combines leased apartments with a city-approved, utility-served expansion phase ready to advance through permitting.
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 $7,125,000.
What are key features of this property?
This property features: 32 units planned in 8 buildings across 3.68 acres; 12 completed units in 3 buildings are fully leased; Remaining 20 units are planned across 5 construction‑ready buildings
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