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2265 Evans, Fort Worth, TX 76104

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For Sale

$249,999

0.16 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.2 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Welcome to Riata Apartments, a rare multi-family investment opportunity in Fort Worth! This 5-unit property offers a total of 3,400 SQFT and is priced at only $199K, giving savvy investors the chance to acquire a true value-add project with exceptional upside potential. The property includes five unique units: Unit I 1 bed 1 bath Unit G Studio Unit H 2 bed 1 bath Unit M 2 bed 1 bath Unit N 4 bed 2 bath This diverse unit mix allows for multiple rental strategies and broad tenant appeal, from single professionals and couples to families seeking more space. Once renovated, Riata Apartments could generate strong, stable income across a variety of lease structures. All units require a full renovation, including flooring, kitchens, bathrooms, paint, roof, electrical, plumbing, and appliances. While the property is currently in rough condition, it represents the perfect blank canvas for investors with vision. With the right rehab plan, Riata Apartments can be transformed into a modern, attractive multi-family community positioned to serve the strong rental demand in Fort Worth. The surrounding area continues to see robust population and job growth, making affordable rentals a sought-after commodity. At this price point, the cost per square foot and per unit is well below market averages, leaving plenty of room for value-add improvements and long-term equity growth. Bring your contractor and your creativity this is not just a property, it s a business opportunity. Whether your goal is buy-and-hold for cash flow, reposition and refinance, or renovate and resell, Riata Apartments offers the framework for exceptional returns in one of Texas most dynamic rental markets.
MLS# 21066950

Courtesy Of Texas Ally Real Estate Group, Listed By Nir Sheinbein

(512) 763-2559

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Laminate
  • Lot Size
    0.16 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 2265 Evans, Fort Worth, TX 76104

Home seller CENTURY 21 Judge Fite Company

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CENTURY 21 Judge Fite Company

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.