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682-747-6995
Pattie Pearson Real Estate
10520 Tube Dr, Fort Worth, TX 76053
- $7,125,000
- 99
- BD
- List Price
- $7,125,000
- MLS#
- 21422253
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 2026
- Construction Status
- New Construction - Incomplete
- Bedrooms
- 99
- Acres
- 3.68
- County
- Tarrant
- City
- Fort Worth
- Subdivision
- Valley Vista Add
- Building Name
- Yasmin Court Townhomes
Property Description
Multifamily Investment Opportunity – Phase I Completed & Phase II Shovel-Ready 32-unit multifamily development consisting of 8 buildings with 4 units per building. Phase I: First 3 buildings (12 units) were completed earlier this year. All 12 units are fully leased. Phase II: Remaining 5 buildings (20 units) are shovel-ready for construction. Utilities: Electricity, water, sewer, and fiber optics have already been brought to each of the 5 remaining building sites individually. Roads & Parking: All roads and parking concrete flatwork have already been completed. Site Plan: Fully approved by the City. Architectural Plans: Completed and ready for permit submission. Permitting: Plans for one of the remaining 5 buildings have already been submitted and reviewed by the City, with only a couple of minor comments left to address. Construction Cost: Builders quote to complete the remaining 5 buildings is in hand and can be shared with interested, qualified buyers. Asking Price: Includes the budgeted construction cost to complete all remaining 5 buildings (20 units). Financial Information: Detailed financials and project pricing breakdown are available upon request. Profit Potential: Estimated xxx in potential profit-equity upon completion of Phase II, based on current project estimates. This is an opportunity to acquire an income-producing multifamily property with an additional 20 units ready for development. With major infrastructure, utilities, roads, parking, and site approvals already completed, the project offers a significant head start on Phase II construction and the potential for substantial additional equity upon completion.
Additional Information
- Unexempt Taxes
- $4,035
- Lot Size
- 160,300
- Acres
- 3.68
- Interior Features
- Decorative Designer Lighting Fixtures, Eat-In Kitchen, Granite Counters, Kitchen Island, Open Floor Plan, Pantry, Cable TV, Walk-In Closet(s)
- Flooring
- Carpet, Vinyl
- Foundation
- Slab
- Roof
- Composition
- Stories
- 2
- Pool Features
- None
- Parking Garage
- Additional Parking, Common, Parking Lot
- School District
- Hurst-Euless-Bedford Isd
- Elementary School
- Wilshire
- Middle School
- Harwood
- High School
- Trinity
- Possession
- CloseOfEscrow, Closing, SubjectToTenantRights
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Listing courtesy of Sarfaraz Hansraj from TEXAS ALLIANCE REAL ESTATE. Contact: 469-299-0052
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
Last updated: