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$900,000   Price Analysis
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701 Monticello Dr
Fort Worth, TX 76107
Unknown bed 4 bath 3,468 SqFt ($259/SqFt)
0.25 acre lot. Built 1949
Listed 2024-05-31, Taxes $12,199
Ⓧ USDA Ineligible
due to price & location

near Fort Worth

Mid Century Modern Monticello 2 story fourplex In the Heart of the Cultural District!

* Sale Pending *

Located on an overszed MASSIVE corner lot within walking distance to multiple restaurants, shopping, Dickies Arena, hospitals and more with super easy highway access. Each of the units are around 900 sqft efficiency units and have slightly varying layouts. List of updates in the last two years includes kitchen and bath renovations. The owner pays for water and lawn care (one meter) and the tenants pay for electric and gas (separately metered).

Gas ranges and gorgeous original hardwood floors. There is a common area laundry unit accessible to all of the tenants and the roof was recently replaced in 2022. All units are under market rent and have a high occupancy rate with ro om to increase your cash flow. This property would generate even more income as an Air BNB or Furnished Mid-Term Rental. DRIVE BY ONLY. DO NOTDISTURB THE TENANTS.


Presented by Harrison Sharp at
BK Real Estate LLC.


Property MLS #20632576 from NTREIS

Total Bathrooms: 4
Full Bathrooms: 4

Cable TV Available
High Speed Internet Available
Flooring: Hardwood

Dishwasher

Cooling Features: Central Air, Electric
Heating Features: Central, Electric

Carport Spaces: 4
Covered Spaces: 4
Parking Features: Attached Carport, On Site, On Street

Lot Size Acres: 0.253
Lot Size Square Feet: 11021

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1

Elementary School: N Hi Mt
High School: Arlngtnhts
Middle School: Stripling
School District: Fort Worth ISD

North Hi Mount Elementary School is a public elementary school located approximately 0.3 miles away.
directions icon Map directions

Stripling Middle School is a public middle school located approximately 1.1 miles away.
directions icon Map directions

Arlington Heights High School is a public high school located approximately 1.7 miles away.
directions icon Map directions

District Wide Middle School is a private middle school located approximately 0.7 miles away.
directions icon Map directions

Source Listing Status: Pending
County: Tarrant
Directions: GPS
Source Property Type: Residential Income
Source Neighborhood: Monticello Add
Parcel Number: 01798545
Postal Code Plus 4: 2003
Subdivision: Monticello Add
Property Subtype: Quadruplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$138,507 + $330,780
$469,287
$12,199
2021$1,000 + $324,000
$325,000
$8,736
2020$92,857 + $232,143
$325,000
$8,915
2019$100,000 + $250,000
$350,000
$9,263
2018$151,000 + $250,000
$401,000
$11,031
2017$115,325 + $250,000
$365,325
$10,173
2016$24,225 + $250,000
$274,225
$7,768
2015$15,649 + $193,750
$209,399
$6,006
2014$50,006 + $193,750
$243,756
$6,918
2013$50,006 + $193,750
$243,756
$6,918
2012$70,250 + $193,750
$264,000
$7,491
2011$27,500 + $162,500
$190,000
$5,391
2010$102,000 + $162,500
$264,500
$7,476
2009$102,000 + $162,500
$264,500
$7,476
2008$12,325 + $162,500
$174,825
$4,828
2007$87,325 + $87,500
$174,825
$4,722

Listed 2024-05-31
$900,000
NTREIS
Listing removed 2024-02-02
$0
NTREIS
Listed 2023-12-12
$900,000
NTREIS
Listing removed 2023-11-02
$0
NTREIS
Price Changed 2023-10-17
$900,000
NTREIS
Listed 2023-06-08
$1,000,000
NTREIS
Listing removed 2009-02-26
$495,000
NTREIS
Listed 2008-10-13
$495,000
NTREIS

Year Built: 1949
Building Area Total: 3468
Construction Materials: Construction: Rock/Stone
Foundation Details: Pillar/Post/Pier
Levels: Two
Property Age: 75
Roof: Flat
Year Built Details: Preowned

Utilities: Cable Available, City Sewer, City Water
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.