Turnkey Senior Housing
907 E Humbolt Street Fort Worth, TX 76104
New
907 E Humbolt Street, Fort Worth, TX, 76104
$550,000
For Sale
$550,000
Turnkey senior housing facility with installed fire sprinkler and fire alarm systems and a functional assisted-living style floor plan.
Property Size2,489 SF
Price / SF$220.97
Days on Market3
Property Features for 907 E Humbolt Street
General Information
- Standard status
- Active
- Size
- 2,489 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2026
Listing agency
Momentum Real Estate Group, LLC
(817) 938-0434
Listed by
Matthew Brown · License #0654734
(817) 938-0434
Source
Fullhouserealtytx
Added: Jul 20 Updated: Jul 21 at 8:11AM Checked: Jul 21 at 8:11AM
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 Momentum Real Estate Group, LLC
Investment Insights
Based on property information with market context.
This turnkey senior housing facility is designed for high-density occupancy and includes an installed, state-mandated commercial fire sprinkler system and an advanced fire alarm system, both described as prerequisites for Texas HHSC healthcare licensing. The property totals 2,692 SF, including 2,489 SF under AC, and features a layout with 4 bedrooms, 2 full baths, and 4 half baths. Interior improvements include a centralized kitchen, a separate dining room, and a dedicated executive office intended for clinical administrative work, medical chart storage, and family intakes.
The property is offered for sale at 907 E Humbolt Street in Fort Worth, TX 76104, and is described as being located in the Historic Southside area. Public remarks note the property sits within the Evans & Rosedale Urban Village Redevelopment area, with mixed-use retail, dining, and affordable housing construction actively moving forward.
The property is offered for sale at 907 E Humbolt Street in Fort Worth, TX 76104, and is described as being located in the Historic Southside area. Public remarks note the property sits within the Evans & Rosedale Urban Village Redevelopment area, with mixed-use retail, dining, and affordable housing construction actively moving forward.
Key Highlights
- Year built 2026 commercial residential facility designed for high‑density occupancy
- 2,692 total SF with 2,489 SF under AC
- Fully installed state‑mandated commercial fire sprinkler system and advanced fire alarm system
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.1k | $30.96 |
| − Vacancy | −$8.2k | −$3.31 |
| EGI | $68.8k | $27.65 |
| − OpEx | −$31.0k | −$12.44 |
| NOI | $37.8k | $15.21 |
2,489 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$540.7K
$473.1K – $630.8K
NOI $37,848 @ 7.0% cap · market cap 6.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$904.1K
$791.1K – $1.05M
NOI $63,290 @ 7.0% cap · market cap 11.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Assisted living facilities
Similar For Sale Nearby
Similar Off Market Nearby
- House of Peace Ministries — 820 Elmwood Ave, Fort Worth, TX 76104
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- Project 4031 — 708 May St, Fort Worth, TX 76104
- Halo Hospice — 451 S Main St Suite 220, Fort Worth, TX 76104
- Good Shepherd Hospice — 1212 E Lancaster Ave, Fort Worth, TX 76102
FAQs
What type of property is this?
Assisted living facility - Turnkey senior housing facility with installed fire sprinkler and fire alarm systems and a functional assisted-living style floor plan.
Where is this assisted living facility located?
The property is located at 907 E Humbolt Street Fort Worth, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Year built 2026 commercial residential facility designed for high‑density occupancy; 2,692 total SF with 2,489 SF under AC; Fully installed state‑mandated commercial fire sprinkler system and advanced fire alarm system