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36-Unit Apartment Property
For Sale
Contact for pricing
Pending

123 Merritt St., Fort Worth, TX 76114

Recently built multifamily property with individually owned units, shared outdoor amenities, and upgraded in-unit finishes.

Property SizeContact for details
Days on Market143

Property Features for 123 Merritt St.

General Information

Standard status Pending
Class Class A
Property subtype Multifamily

Units

Unit Mix 18 x 1BR, 18 x 2BR
Multifamily Units 36

Additional Details

Highway Access Yes

Amenities

courtyard
community grill
picnic area
washer and dryer hookups
cable and high speed internet ready
individual HVAC
granite countertops
walk-in closets
stylish ceiling fans
microwaves
dishwashers
garbage disposals
range ovens
refrigerators
stylish flooring
large closets
linen closets

Building Details

Year Built 2025
Buildings 4
Construction brick
Listing Agency: Onyx Legacy Group
Listed By: Mark Allen CCIM · License #TX 589645
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 3:24PM

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 Onyx Legacy Group

Investment Insights

Based on property information with market context.

The apartment property at 123 Merritt St. in Fort Worth includes 36 units across four buildings completed in 2025. The unit mix comprises eighteen one-bedroom residences and eighteen two-bedroom residences, with two eight-unit buildings and two ten-unit buildings. Individual HVAC systems, washer and dryer hookups, cable and high-speed internet readiness, granite countertops, walk-in closets, ceiling fans, and linen closets are included. Kitchens are equipped with microwaves, dishwashers, garbage disposals, range ovens, and refrigerators. Brick exteriors, concrete slab foundations, pitched roofs, fencing, and landscaped grounds complete the physical improvements.

Shared outdoor features include a courtyard, community grill, picnic area, and mature trees and shrubs. The property offers access to Highway 183 and Interstate 30, with Downtown Fort Worth, Castleberry High School, and area retailers nearby. Units are individually structured, and the property information indicates potential acquisition of the full property or separate buildings.

Key Highlights

  • 36 units across 4 buildings, completed in 2025
  • Unit mix includes eighteen one‑bedroom and eighteen two‑bedroom residences
  • Two 8‑unit buildings and two 10‑unit buildings

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Law Firm Building Supply Daycare Center Dental Office Plumbing Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

36
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

242
Businesses Nearby

Demographics for 76114, TX

26,676
Population
10,648
Households
2.5
Avg Household Size
36
Median Age
18%
College-Educated
76%
High-School Grad
9.7 sq mi
ZIP Area
2,750
Density / Sq Mi
$61,055
Median Household Income
$40,145
Median Earnings
$1,231
Median Rent
$195,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Recently built multifamily property with individually owned units, shared outdoor amenities, and upgraded in-unit finishes.
Where is this apartment building located?
The property is located at 123 Merritt St. Fort Worth, TX.
What are key features of this property?
This property features: 36 units across 4 buildings, completed in 2025; Unit mix includes eighteen one‑bedroom and eighteen two‑bedroom residences; Two 8‑unit buildings and two 10‑unit buildings
More about this property
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