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5116 Lovell Avenue, Fort Worth, TX 76107

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For Sale

$695,000

4 beds • 4 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • Over 50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

Renovated & Income-Producing 5116 & 5120 Lovell Ave. This full duplex is one of two on this block that were custom-built by famed Fort Worth grocer Roy Pope for his family members. Ideal opportunity for owner-occupants or investors: this updated full duplex offers immediate rental income and long-term upside. Live in one side and lease the other, or enjoy strong returns from both. Each side features: 2 bedrooms, 2 bathrooms Private 2-car garage Yard space and outdoor living covered patio at 5116, wood deck at 5120 Fully renovated kitchens with white cabinetry, quartz countertops, stainless appliances including gas cooktop, dual convection ovens, and dishwasher Modern finishes and well-maintained systems Dedicated air filtration system between units for odor and air quality control Unit Details: 5116 Lovell Ave. 1,598 SF; previously leased for $1,780 per month. Now vacant and move-in ready. 5120 Lovell Ave. 2,146 SF; leased through 11-30-2025 at $2,250 per month. Includes a fireplace, large living room, and a bonus room ideal for an office or den with access to the deck. This property sits in a rapidly revitalizing area with ongoing renovation and investment activity. The roof is approximately 8 years old. Owners have maintained the property with care and attention to detail. 2024 cash flow statement available upon request. Owners prefer to sell both units together but will consider offers on individual sides.
MLS# 20999108

Courtesy Of Walker Realty Partners LLC, Listed By Philip Walker

(214) 980-4969

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch, Patio, Ceiling Fan, Cable Ready
  • Appliances
    Cooktop, Cooktop - Gas, Dishwasher, Garbage Disposer, Washer
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Brick
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Tile, Tile - Ceramic
  • Lot Size
    0.14 Acres

Map and Directions

Directions to 5116 Lovell Avenue, Fort Worth, TX 76107

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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† 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.

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