4320 Bellaire Drive South, Unit 242W

Fort Worth, TX 76109

$182,900
Price
1
Bed
896 Sq. Ft.
$204 / Sq. Ft.
896
Sq. Ft.
$204
per Sq. Ft.

Description

Stunningly updated, spacious Tanglewood condo with current lease in place in desirable Royale Orleans West. This large one-bedroom condo at Hulen and Bellaire is a great opportunity for a DSCR investment with minimal cash down and immediate cash flow on the current lease through May. Easy access to both I20 and I30 and only 1.3 miles to TCU or Clearfork, this location is as good as it gets in Fort Worth. Tanglewood Elementary is only a few hundred feet away. The kitchen and bath were just renovated....Stunningly updated, spacious Tanglewood condo with current lease in place in desirable Royale Orleans West. This large one-bedroom condo at Hulen and Bellaire is a great opportunity for a DSCR investment with minimal cash down and immediate cash flow on the current lease through May. Easy access to both I20 and I30 and only 1.3 miles to TCU or Clearfork, this location is as good as it gets in Fort Worth. Tanglewood Elementary is only a few hundred feet away. The kitchen and bath were just renovated. Tons of space and natural light with windows on three sides. Brand new cabinets with soft close drawers & doors. Honed granite countertops. Marble tile backsplash. New marble tile in the bath. All new Kohler fixtures. Real wood hardwoods throughout. 9 foot ceilings. Huge bedroom walk-in closet. Coat closet. 2” blinds. Separate front and back entrances. Easy walking distance to Le Margot, Tom Thumb, Starbucks, Meso Maya, Chipotle, Charleston’s and more. One block from Tanglewood Park walking trails and tennis courts. This is a solid investment location surrounded by million-dollar homes within walking distance.
  1. Listed by Graham Brizendine • TREC #0562096 • Graham Brizendine • 817-739-2995

Property Details for 4320 Bellaire Drive South, Unit 242W

Subdivision Name
Fountain Royale Orleans W
HOA Management Company
Royale Orleans West
Pool
Yes
Garage Spaces
0
Number Of Parking Spaces
1
LISTING UPDATED: 02/21/2025 10:33 AM

Property Details for 4320 Bellaire Drive South, Unit 242W

StatusActive
MLS #20823043
Days on Market42
Taxes-
HOA Fees$501 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment/5Plex+
Year Built1967
Lot Size0.04 AC / 1,568 SF
CountyTarrant County

Building Information for 4320 Bellaire Drive South, Unit 242W

Stories1Residences1Year Built1967Building Size-Lot Size0.04 AC / 1,568 SF

Property Information for 4320 Bellaire Drive South, Unit 242W

Summary
Location and General Information
  • Block: A
  • Complex Name: Royale Orleans West
  • Directions: Please use GPS, but easy parking is on the south side of Harlanwood at Hulen. The building is the first one next to Hulen. Go between the buildings and up the stairs to the right. The unit is at the end of covered porch walkway.
  • Elementary School: Tanglewood
  • Elementary School Name: Tanglewood
  • High School: Paschal
  • High School Name: Paschal
  • Middle School: Mclean
  • Year Built Details: Preowned
  • School District: Fort Worth ISD
  • Geocode Confidence: High
  • Latitude: 32.70
  • Longitude: -97.39
  • State: Texas
Parking
  • Parking Features: Assigned, Carport, Electric Gate, On Site
  • Carport Spaces: 1
  • Attached Garage: No
  • Parking Spaces Covered Total: 1
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: FOUNTAIN ROYALE ORLEANS W BLOCK A LOT 242 & .
  • Association Fee Includes: Back Yard Maintenance, Electricity, Front Yard Maintenance, Full Use of Facilities, Maintenance Grounds, Maintenance Structure, Management Fees, Sewer, Trash, Utilities, Water
  • Association Type: Mandatory
  • HOA Management Company Phone: 8177392995
  • Association Fee: $501.00
  • Association Fee Frequency: Monthly
  • Tax Lot: 242
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Hardwood, Luxury Vinyl Plank, Tile
  • Heating: Central
  • Interior Features: Cable TV Available, Decorative Lighting, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Open Floorplan, Pantry, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Basement: No
  • Cooling: Central Air
  • Living Area: 896.0
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Brick
  • Exterior Features: Courtyard, Covered Patio/Porch, Private Entrance
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Flat
  • Number Of Units Total: 1
  • Levels: One
Property
Utilities
  • Utilities: City Sewer, City Water, Community Mailbox
Property and Assessments
  • Financing Proposed: 1031 Exchange, Cash, Conventional, Not Assumable, Other
  • Concessions YN: No
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security Features: Gated Community
  • Property Match: APN
Lot Information
  • Lot Features: Many Trees
  • Lot Size Acres: 0.036
  • Lot Size Area: 0.036
  • Lot Size Units: Acres
  • Lot Size Square Feet: 1568.16
  • Multi Parcel ID: No
  • Parcel Number: 00589519
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 7.54%
  • Gross Annual Expenses: $6,012
  • Gross Annual Income: $21,000
  • Insurance Expense: $1,200
  • Total Annual Expenses Include: Gardener, Insurance, Maintenance, Maintenance Grounds, Maintenance Structure, Manager, Parking, Pool/Spa, Professional Management, Trash, Utilities, Water/Sewer
  • Net Operation Income: $13,788.00
Unit 1
  • Approximate SQFT: 896.0
  • Average Lease Amount: $1,750.00
  • Kitchen Length: 13.0
  • Kitchen Width: 8.0
  • Living Area Length: 18.0
  • Living Area Width: 24.0
  • Master Bed Length: 13.0
  • Master Bed Width: 16.0
  • Number Of Baths Full: 1
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1

Property History for 4320 Bellaire Drive South, Unit 242W

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4320 Bellaire Drive South, Unit 242W

Taxable ValueLand-Additions-Total-
Tax Record2020$3,027 ($252 / month)
Home Facts
Beds1Total Finished SqFt896 SqFtAbove Grade Finished SqFt896 SqFtStories1Lot Size1,564 SqFtStyleSingle Family ResidenceYear Built1967CountyTARRANTAPN00589519

Schools near 4320 Bellaire Drive South, Unit 242W

This home is within Fort Worth Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Tanglewood Elementary School
PublicPK to 5

Mclean 6th Grade
Public6

Mclean Middle School
Public6 to 8

Paschal High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4320 Bellaire Drive South, Unit 242W is a multi-family home for sale in Fort Worth, TX 76109. This property was listed for sale on January 21, 2025 by Graham Brizendine, it's currently listed at $182,900. It has been on the market for a total of 42 days and was last sold on June 2, 2015. This listing's school district is Fort Worth Independent School District. Nearby schools include Tanglewood Elementary School, Mclean 6th Grade and Mclean Middle School. 4320 Bellaire Drive South, Unit 242W is a 1-bed, 1-bath, 896 sqft multi-family home built in 1967.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Graham Brizendine, Graham Brizendine

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