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32-Unit Multifamily Development

10520 Tube Drive, Fort Worth, TX 76053

For Sale
New
$4,800,000

ResidentialIncome, Fort Worth, TX

Property SizeContact for details
Lot Size3.68 Acres
Days on Market4

Property Features for 10520 Tube Drive

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Property condition Under Construction
Bedrooms 99
Rooms Bedroom 7, Bedroom 63, Bedroom 13, Bedroom 22, Bedroom 34, Bedroom 30, Bedroom 44, Bedroom 95, Bedroom 87, Bedroom 88, Bedroom 54, Bedroom 20, Bedroom 41, Bedroom 65, Bedroom 9, Bedroom 97, Bedroom 53, Bedroom 27, Bedroom 68, Bedroom 17, Bedroom 67, Bedroom 70, Bedroom 31, Bedroom 55, Bedroom 16, Bedroom 26, Bedroom 89, Bedroom 91, Bedroom 3, Bedroom 77, Bedroom 29, Bedroom 57, Bedroom 24, Bedroom 6, Bedroom 82, Bedroom 64, Bedroom 21, Bedroom 75, Bedroom 10, Bedroom 80, Bedroom 51, Bedroom 45, Bedroom 38, Bedroom 58, Bedroom 60, Bedroom 69, Bedroom 39, Bedroom 48, Bedroom 1, Bedroom 8, Bedroom 99, Bedroom 96, Bedroom 74, Bedroom 92, Bedroom 5, Bedroom 42, Bedroom 83, Bedroom 59, Bedroom 19, Bedroom 11, Bedroom 56, Bedroom 33, Bedroom 40, Bedroom 79, Bedroom 25, Bedroom 36, Bedroom 15, Bedroom 62, Bedroom 76, Bedroom 84, Bedroom 98, Bedroom 49, Bedroom 81, Bedroom 46, Bedroom 85, Bedroom 66, Bedroom 35, Bedroom 73, Bedroom 43, Bedroom 32, Bedroom 86, Bedroom 4, Bedroom 78, Bedroom 72, Bedroom 93, Bedroom 23, Bedroom 61, Bedroom 28, Bedroom 94, Bedroom 37, Bedroom 90, Bedroom 71, Bedroom 18, Bedroom 12, Bedroom 47, Bedroom 14, Bedroom 2, Bedroom 52, Bedroom 50
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 Central, Electric (Heating)
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 3
Listing Agency: TEXAS ALLIANCE REAL ESTATE
Listed By: Sarfaraz Hansraj · License #0646963
Added: Nov 4 Changed: Nov 5 Last Checked: Nov 7 at 11:06AM
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.

The 3.68-acre apartment property is planned for 32 units across eight buildings. Three buildings containing 12 units are complete and fully leased; five buildings with 20 additional units remain to be constructed. Existing unit features include granite counters, kitchen islands, walk-in closets, and open floor plans, along with central heating and air conditioning.

Site work includes completed concrete road and parking areas, while electricity, water, sewer, and fiber have been extended to each of the five remaining building sites. The City-approved site plan and architectural plans are complete. Building plans for one remaining structure have been submitted and reviewed, with minor comments outstanding. The project is in Fort Worth, Texas.

Key Highlights

  • 32 units planned across 8 buildings on 3.68 acres
  • 12 completed units are fully leased
  • Five additional buildings provide 20 units of planned construction

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 - A phased apartment project pairs leased residences with additional construction-ready capacity and completed site infrastructure.
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 units planned across 8 buildings on 3.68 acres; 12 completed units are fully leased; Five additional buildings provide 20 units of planned construction
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