Situated in the path of Fort Worth’s continued growth and investment, 5833 Shadydell Dr represents an exceptional opportunity to secure a cash flowing asset in one of North Texas’s most rapidly expanding markets. Fort Worth continues to benefit from billions of dollars in public and private investment, job growth, infrastructure… Read More expansion, and population inflows, all of which are driving sustained rental demand and long term appreciation. This well maintained two story brick fourplex offers desirable townhome style units with strong tenant appeal, featuring wood burning fireplaces, private fenced patios, covered parking, and individual storage spaces. Each unit includes all kitchen appliances and a highly functional two level layout, with a spacious living area, kitchen, half bath, and dedicated laundry area with full size washer and dryer connections downstairs, and two bedrooms with a full bathroom upstairs. Every unit is assigned two covered parking spaces located at the rear of the building, a convenience tenants consistently value. Two units have already been updated, clearly demonstrating the upside potential, as renovated units can achieve average rents of approximately $1,500 per month, creating a clear path to increased cash flow. A detailed pricing sheet outlining estimated renovation costs is included, allowing investors to strategically plan improvements and project returns with confidence. Located just minutes from the Fort Worth Stockyards, Downtown Fort Worth, Dickies Arena, and major highways, this property sits in a high demand area poised to benefit directly from the city’s ongoing revitalization, making it an ideal acquisition for investors seeking immediate income, scalable upside, and long term appreciation in a thriving metro. Read Less
Courtesy of Monument Realty, Hai Hoang.
Listing Snapshot
Days Online
5
Last Updated
Property Type
Quadruplex
Beds
8
Full Baths
4
Partial Baths
4
Lot Size
0.29 Acres
Year Built
1985
MLS Number
21145106
Additional Details
Appliances & Equipment
Dishwasher, ElectricRange, Disposal, Microwave
Building
Built in 1985, Construction materials: Brick, Levels: Two, 4 buildings, 2, Toal building area: 4352
Cooling
CeilingFans, Electric
Expenses
Insurance: $5,786
Fence
ChainLink
Fireplaces
LivingRoom, WoodBurning, 4 total fireplaces
Floors
Carpet, LuxuryVinylPlank
Heating
Central, Electric
Income
Gross income: $69,000, Net operating income: $7,000
Interior Features
BuiltInFeatures, WalkInClosets
Lot
0.291 acres, 12,676 sqft
Parking
8 covered spaces, 8 total parkings, DetachedCarport
Pool
None
Roof
Composition
Security Features
CarbonMonoxideDetectors
Sewer
PublicSewer
Utilities
SewerAvailable, WaterAvailable
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