• 7700 Chapin Road Fort Worth, Texas 76116

  • $1,400,000
  • 0
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 0.528
    Acre

The Western Apartments is a renovated 9-unit apartment community situated on a corner lot. The property consists of spacious and remodeled two-story townhome-style units offering two bedrooms and one and a half baths. All units are updated and feature fully-equipped kitchens with stainless steel appliances and upgraded countertops, new flooring, and private fenced patios in the back and front. Four units were replaced with laminate flooring upstairs, while the remaining have carpet in the upstairs bedrooms. The property provides 18 covered parking spots. Owner spent over 80k in capex over the last year and replaced delinquent tenants with screened applicants requiring full deposits. Updates include foundation repair for entire building, carport roof repair, replaced cast iron with PVC where leaks were found, handrails to front steps and more. Please see Transaction Desk for OM and reach out to agent for instructions on accessing financials. Currently has 1 vacant that can be viewed.

Property Type :

Residential Income

Subdivision :

Highland Hills

County :

Tarrant

Style :

Residential Income

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Property Details

 

Interior Features

Cable TV Available,Granite Counters,High Speed Internet Available,Walk-In Closet(s)

Appliances

Dishwasher,Disposal,Dryer,Electric Range,Microwave,Washer

Utilities

City Sewer,City Water

Cooling Features

Central Air,Electric

Heating Source

Electric

Building Information

Built Year: 1979

Building Area Total: 9,966

Construction: Brick

Roof Type: Shingle

Foundation

Slab

Fencing

Wood

Construction Materials

Brick

Lot Information

Lot Size (Acr): 0.5280

Lot Size Units: Acres

Lot Size Square Feet: 22999.6800

Property Information

Property Type: Residential Income

Property Sub Type: Apartment

Subdivision: Bankhead Estates Add

City: Fort Worth

State: Texas

Directions: From I-30, go south on Alta Mere Drive and go west onto Chapin Rd. Property is on the corner of Reagan Dr. and Chapin Rd.

Property Status: Active

Levels: One

Property Age: 45

Year Built Details: Preowned

Listing Price Information

Original List Price: $1,400,000

Listing Information

Possession: Closing/Funding

Tax Information

Parcel Number: 00119830

Tax Block: 9

Tax Legal Description: BANKHEAD ESTATES ADDITION BLOCK 9 LOT 13A

Tax Lot: 13A

Unexempt Taxes: $25,171

Parking Information

Parking: 18

Parking Features: Carport,Covered

Homeowners Association Information

HOA Type: None

School Information

Elementary School: Luellamerr

Middle School: Leonard

High School: Westn Hill

School District: Fort Worth ISD

Utility Information

Utilities: City Sewer,City Water

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7844 Marfa Avenue, Fort Worth, TX,76116 $279,000 4 3 1,931 0.371 Acre
3512 Valencia Court, Fort Worth, TX,76116 $294,999 4 2 1,269 0.193 Acre
7340 Llano Avenue, Fort Worth, TX,76116 $240,000 3 2 1,164 0.194 Acre
4732 Villa Terrace, Fort Worth, TX,76116 $2,995,000 5 6 7,474 0.244 Acre
5028 Borden Drive, Fort Worth, TX,76116 $224,999 2 1 768 0.165 Acre
6609 Genoa Road, Fort Worth, TX,76116 $560,000 5 3 2,634 0.145 Acre
6205 Greenway Road #7, Fort Worth, TX,76116 $650,000 2 2 1,946 0.132 Acre
6215 Greenway Road #10, Fort Worth, TX,76116 $739,000 2 2 2,133 0.114 Acre
3008 Choctaw Trail, Fort Worth, TX,76116 $261,000 3 2 1,442 0.193 Acre
3950 Rowan Drive, Fort Worth, TX,76116 $690,000 3 3 2,930 0.379 Acre
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2024. All rights reserved

ByOwner last updated this listing 04/29/2024 @ 03:01

MLS: 437534849
LISTED BY: Esther Cho, GSFREA LLC
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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