4910 Lovell Avenue

Fort Worth, TX 76107

$375,000
Price
Beds
2,970 Sq. Ft.
$126 / Sq. Ft.
2,970
Sq. Ft.
$126
per Sq. Ft.

Description

Prime investment opportunity in Fort Worth! Minutes from downtown, Cooks Children’s Hospital, and JPS Hospital, this duplex is perfectly located for strong tenant demand. The two-story 3-bed, 2.5-bath unit rents for $1,150-month, with market rents supporting $1,800. The one-story 2-bed, 2-bath unit rents for $1,235-month, with market rents supporting $1,400. With immediate potential to increase income and a total projected monthly rent of $3,200, this property offers excellent cash flow and strong...Prime investment opportunity in Fort Worth! Minutes from downtown, Cooks Children’s Hospital, and JPS Hospital, this duplex is perfectly located for strong tenant demand. The two-story 3-bed, 2.5-bath unit rents for $1,150-month, with market rents supporting $1,800. The one-story 2-bed, 2-bath unit rents for $1,235-month, with market rents supporting $1,400. With immediate potential to increase income and a total projected monthly rent of $3,200, this property offers excellent cash flow and strong long-term value in a high-demand area. Perfect for investors or house hackers looking to grow their portfolio. Tenant in the 3-2 has been in the property for 10+ years. Do not disturb tenants!
  1. Listed by Brandon Byram • TREC #0781228 • eXp Realty LLC • 817-617-9217

Property Details for 4910 Lovell Avenue

Subdivision Name
Chamberlain Arlington Heights 1st
Pool
No
Number Of Parking Spaces
4
LISTING UPDATED: 12/05/2024 09:10 PM

Property Details for 4910 Lovell Avenue

StatusActive
MLS #20790110
Days on Market12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Full Duplex
Year Built1978
Lot Size0.30 AC / 13,111 SF
CountyTarrant County

Building Information for 4910 Lovell Avenue

Stories2Residences2Year Built1978Building Size-Lot Size0.30 AC / 13,111 SF

Property Information for 4910 Lovell Avenue

Summary
Location and General Information
  • Block: 151
  • Complex Name: none
  • Directions: Please use GPS
  • Elementary School: Southhimou
  • Elementary School Name: Southhimou
  • High School: Arlngtnhts
  • High School Name: Arlngtnhts
  • Middle School: Stripling
  • Year Built Details: Preowned
  • School District: Fort Worth ISD
  • Geocode Confidence: High
  • Latitude: 32.73
  • Longitude: -97.39
  • State: Texas
Parking
  • Parking Features: Common, Driveway, Outside
Taxes and HOA Information
  • Tax Legal Description: CHAMBERLAIN ARLINGTON HTS 1ST BLOCK 151 LOT 3
  • Association Type: None
  • Tax Lot: 32
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Ceramic Tile, Luxury Vinyl Plank
  • Heating: Central
  • Interior Features: Cable TV Available, High Speed Internet Available
  • Appliances: Dishwasher, Disposal, Electric Oven, Refrigerator
  • Cooling: Central Air
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Brick, Rock/Stone, Wood
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Metal
  • Number Of Units Total: 2
  • Levels: Two
Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • Financing Proposed: 1031 Exchange, Cash, Conventional, FHA, Other
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.301
  • Lot Size Area: 0.301
  • Lot Size Units: Acres
  • Lot Size Square Feet: 13111.56
  • Multi Parcel ID: No
  • Parcel Number: 05308070
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 7.05%
  • Gross Annual Expenses: $3,000
  • Gross Annual Income: $31,320
  • Insurance Expense: $1,900
  • Net Operation Income: $26,420.00
Unit 1
  • Approximate SQFT: 1870.0
  • Average Lease Amount: $1,800.00
  • Dining Area Length: 1.0
  • Kitchen Length: 1.0
  • Living Area Length: 1.0
  • Master Bed Length: 1.0
  • Number Of Baths Full: 2
  • Unit Type Type: 3 Bedroom
Unit 2
  • Approximate SQFT: 1100.0
  • Average Lease Amount: $1,400.00
  • Dining Area Length: 1.0
  • Kitchen Length: 1.0
  • Living Area Length: 1.0
  • Master Bed Length: 1.0
  • Number Of Baths Full: 2
  • Unit Type Type: 2 Bedroom

Property History for 4910 Lovell Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4910 Lovell Avenue

Taxable ValueLand$50,000Additions$305,000Total$355,000
Tax Record2023$7,580 ($632 / month)
Home Facts
Total Finished SqFt2,970 SqFtAbove Grade Finished SqFt2,970 SqFtStories2Lot Size13,125 SqFtStyleDuplexYear Built1978CountyTARRANTAPN-6980--151---32---20

Schools near 4910 Lovell Avenue

This home is within Fort Worth Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 1 to 12
Rating
School
Distance
South Hi Mount Elementary School
PublicPK to 5

Stripling Middle School
Public6 to 8

Arlington Heights High School
Public9 to 12

Boulevard Heights
Public1 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.

Similar Homes

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4910 Lovell Avenue is a multi-family home for sale in Fort Worth, TX 76107. This property was listed for sale on December 5, 2024 by eXp Realty LLC, it's currently listed at $375,000. This listing's school district is Fort Worth Independent School District. Nearby schools include South Hi Mount Elementary School, Stripling Middle School and Arlington Heights High School. 4910 Lovell Avenue is a 0-bed, 0-bath, 2,970 sqft multi-family home built in 1978.

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 eXp Realty LLC, Brandon Byram

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