2698 Lipscomb St Fort Worth, TX 76110
This exceptional 15-unit townhome development, situated on a 0.83-acre lot in Fort Worth, Texas, presents a compelling investment opportunity. Completed in 2025, the property boasts 13,776 square feet of living space, offering 32 parking spaces for residents and guests. Each unit is priced at $80,000, with a total asking price of $1,200,000 ($87.11 per square foot). The property benefits from its strategic location, approximately one mile from Texas Christian University (with over 10,000 students) and three miles from downtown Fort Worth, the 12th most populous city in the United States. This area features high population density (over 284,800 residents within a 5-mile radius) and positive growth. The townhomes enjoy excellent visibility on Lipscomb Street, with easy access to I-35W (191,337 vehicles per day). The purchase price includes all completed plans and studies, encompassing architectural designs, civil engineering, soil testing, surveys, and IPRC documentation. This turnkey investment is ideally positioned to capitalize on the strong demand for rental properties in this thriving area. The property's proximity to major roadways, educational institutions, and established businesses ensures consistent occupancy and strong rental income potential. This is a rare opportunity to acquire a high-quality, recently completed multifamily property in a desirable Fort Worth location. The property's zip code is 76110.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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