Multifamily Downstairs
For Sale
$59,900
5055 Ridglea Lane Unit 1103, Fort Worth, TX 76116
Downstairs unit in a small apartment community with a month-to-month tenant and recent management and HOA improvements.
Property Size847 SF
Price / SF$70.72
Days on Market391
Property Features for 5055 Ridglea Lane Unit 1103
General Information
Standard status
Active
Size
847 SF
Property subtype
Multi-Family / Apartment/5Plex+
Additional Details
Highway Access
Yes
Building Details
Year Built
1968
Listing Agency:
RE/MAX Trinity
(817) 683-8981
Listed By:
Anthony Cole · License #0574491
(817) 683-8981
Source:
Compass
Added: Jul 8, 2025
Changed: Jul 23
Last Checked: Aug 2 at 11:27AM
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 RE/MAX Trinity
Investment Insights
Based on property information with market context.
This small apartment community includes a downstairs unit available for sale, currently occupied by a month-to-month tenant paying below market value. The property is managed by a new management team and HOA board, and it has been receiving improvements intended to enhance the complex.
Public transit access is convenient, with a bus line located at the corner of Vickery and Ridglea. The property also offers easy access to highways, toll roads, and nearby shopping, dining, and entertainment.
As part of the multifamily community, this unit provides an occupied, income-producing setup with a tenant in place on a flexible month-to-month arrangement.
Public transit access is convenient, with a bus line located at the corner of Vickery and Ridglea. The property also offers easy access to highways, toll roads, and nearby shopping, dining, and entertainment.
As part of the multifamily community, this unit provides an occupied, income-producing setup with a tenant in place on a flexible month-to-month arrangement.
Key Highlights
- One‑story brick building built in 1968 with a slab foundation
- Downstairs unit with cable TV available and walk‑in closet(s)
- Window unit cooling; flooring includes carpet and laminate
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
641
Businesses Nearby
Explore this area
Business Placement
Demographics for 76116, TX
51,639
Population
25,808
Households
2
Avg Household Size
35
Median Age
33%
College-Educated
88%
High-School Grad
12.3 sq mi
ZIP Area
4,198
Density / Sq Mi
$54,738
Median Household Income
$39,040
Median Earnings
$1,205
Median Rent
$286,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Downstairs unit in a small apartment community with a month-to-month tenant and recent management and HOA improvements.
Where is this apartment building located?
The property is located at 5055 Ridglea Lane Unit 1103 Fort Worth, TX.
What is the asking price?
The asking price for this property is $59,900.
What are key features of this property?
This property features: One‑story brick building built in 1968 with a slab foundation; Downstairs unit with cable TV available and walk‑in closet(s); Window unit cooling; flooring includes carpet and laminate
