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Multifamily-Zoned Vacant Development Lot
For Sale
$250,000

1305 Waterman Street, Fort Worth, TX 76102

Fully cleared lot zoned for up to three multifamily units, with utilities available at the street for faster buildout.

Property Size5,009 SF
Price / SF$49.91
Days on Market389

Property Features for 1305 Waterman Street

General Information

Standard status Active
Size 5,009 SF
Property subtype Lots & Acreage / Unimproved Land

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 3

Amenities

No
Listing Agency: Bradford Elite Real Estate LLC
Listed By: Laramie Hargrove · License #0838412
Source: Compass
Added: Aug 1, 2025 Changed: Aug 8 Last Checked: Jul 16 at 3:07AM

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 Bradford Elite Real Estate LLC

Investment Insights

Based on property information with market context.

This vacant, fully cleared lot is ready for immediate construction and is set up for multifamily development. The property is zoned for multifamily use and supports up to three units, making it suitable for a triplex configuration or three attached residences. Utilities are available at the street, which can help reduce delays associated with bringing services to the site.

Located in the heart of Fort Worth’s urban core, the lot sits in the Rock Island–Samuels neighborhood. It is described as minutes from Sundance Square, Panther Island, and the Trinity Trails. Access to major corridors is supported by proximity to I-30, supporting convenient travel to shopping, dining, and entertainment.

For developers or investors, the combination of multifamily zoning (up to three units) and a cleared site can simplify the path to starting construction. The availability of utilities at the street adds practicality for projects aiming to minimize early-site friction and move directly into site and building work.

Key Highlights

  • Vacant, fully cleared lot in Fort Worth’s urban core, ready for immediate construction
  • Zoned for multifamily use with capacity for up to three units (triplex or three attached residences)
  • Utilities available at the street, helping reduce demo and hookup delays

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Acupuncture Carpet & Flooring Store

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

3
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,284
Businesses Nearby

Demographics for 76102, TX

13,236
Population
5,629
Households
2.4
Avg Household Size
36
Median Age
37%
College-Educated
86%
High-School Grad
4.5 sq mi
ZIP Area
2,941
Density / Sq Mi
$74,293
Median Household Income
$49,295
Median Earnings
$1,661
Median Rent
$338,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Fully cleared lot zoned for up to three multifamily units, with utilities available at the street for faster buildout.
Where is this residential land & home lot located?
The property is located at 1305 Waterman Street Fort Worth, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Vacant, fully cleared lot in Fort Worth’s urban core, ready for immediate construction; Zoned for multifamily use with capacity for up to three units (triplex or three attached residences); Utilities available at the street, helping reduce demo and hookup delays
More about this property
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