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Exciting corner lot investment opportunity in the River District area of Fort Worth. This area is experiencing rapid growth and is becoming a highly sought-after location for luxury townhomes and condominiums. With its proximity to the scenic Trinity Trails, diverse dining options, and convenient access to Downtown Fort Worth and the Cultural District, the area offers a desirable lifestyle. The property itself presents multiple options for development. You could choose to hold and rent the existing units or explore the possibility of redevelopment with new luxury townhomes. Additionally, the adjacent lot is also available for sale, which could allow for an even larger development project. Currently, one unit is occupied by a month-to-month tenant paying $1,200 per month, while the other unit is vacant. Each duplex provides two bedrooms 1 full bath. The lot behind at 5002 Scott ( MLS#20525428) is also for sale and combined together brings total lot size to 0.227 9890 sq ft ideal for new luxury townhomes.

PROPERTY FEATURES

Utilities : City Sewer,City Water
Parking Features: Driveway
Lot Features : Composition
Architectural Style : A-Frame Structural Style : Attached or 1/2 Duplex
Cooling: Central Air Heating : Central
Construction Materials: Brick Foundation Details: Slab
Interior Features: Cable TV Available Appliances : Dishwasher,Disposal,Electric Cooktop,Electric Oven Flooring : Carpet,Laminate Levels : One
Green Verification Count : 0

PROPERTY DETAILS

Street Address: 428 Sunset Lane
City: Fort Worth
State: Texas
Postal Code: 76114
County: Tarrant
MLS Number: 20854033
Year Built: 1984
Courtesy of United Real Estate DFW

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