10520 Tube Drive Fort Worth, TX 76053
99 Beds
3.68 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Valley Vista Add
MLS Listing ID 21422253
Bedrooms 99
HOA Y/N None
Total Fin. Sqft 48000
Year Built 2026
Annual Tax Amount $4,035
Lot Size 3.680 Acres
Acres 3.68
Property Sub-Type Quadruplex
Property Description
32-unit multifamily development consisting of 8 buildings with 4 units per building.
Phase I: First 3 buildings (12 units) were completed earlier this year. All 12 units are fully leased.
Phase II: Remaining 5 buildings (20 units) are shovel-ready for construction.
Utilities: Electricity, water, sewer, and fiber optics have already been brought to each of the 5 remaining building sites individually.
Roads & Parking: All roads and parking concrete flatwork have already been completed.
Site Plan: Fully approved by the City.
Architectural Plans: Completed and ready for permit submission.
Permitting: Plans for one of the remaining 5 buildings have already been submitted and reviewed by the City, with only a couple of minor comments left to address.
Construction Cost: Builders quote to complete the remaining 5 buildings is in hand and can be shared with interested, qualified buyers.
Asking Price: Includes the budgeted construction cost to complete all remaining 5 buildings (20 units).
Financial Information: Detailed financials and project pricing breakdown are available upon request.
Profit Potential: Estimated xxx in potential profit-equity upon completion of Phase II, based on current project estimates.
This is an opportunity to acquire an income-producing multifamily property with an additional 20 units ready for development. With major infrastructure, utilities, roads, parking, and site approvals already completed, the project offers a significant head start on Phase II construction and the potential for substantial additional equity upon completion.
Location
State TX
County Tarrant
Direction GPS
Interior
Interior Features Cable TV Available, Decorative Lighting, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Luxury Vinyl Plank
Appliance Dishwasher, Disposal, Electric Range, Microwave
Heat Source Central, Electric
Exterior
Utilities Available All Weather Road, City Sewer, City Water
Roof Type Composition
Garage No
Building
Story Two
Foundation Slab
Level or Stories Two
Structure Type Brick,Frame,Siding
Schools
Elementary Schools Wilshire
High Schools Trinity
School District Hurst-Euless-Bedford Isd
Others
Acceptable Financing 1031 Exchange, Cash, Other
Listing Terms 1031 Exchange, Cash, Other
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21422253
