Fort Worth, TX 76104 1716 E Powell Avenue
$430,000
8 more
Presented By: Levi Mills with Prime Properties Realty; 817-818-9160
Beds • 4
Full/Half Baths • 2 / 2
SQFT • 2,032
Garage • 2
Home Details
Get an Opportunity Zone duplex with a 4.99% fixed rate on a 30-year loan (seller paid buy down)! Great investment opportunity for duplex just a few minutes from downtown Fort Worth and the Hospital District. Very handy to I-35, I-20 and Hwy 287. Each side is 2 beds 1.5 baths a 1 car attached garage and 929 sf.
The backstory here is that permits were granted on this duplex and 3 others a couple of years ago. The builder discovered that the city hadn't completed utilities the full length of the street. The project was put on hold awaiting the street and utility work. That work is set to begin in a short time and the permit renewed for completion. Take a drive by now and contact listing agent to be put on the waiting list for interior walks when construction is nearing completion.
Presented By: Levi Mills with Prime Properties Realty; 817-818-9160
Interior Features for 1716 E Powell Avenue
Bedrooms
Total Bedrooms4
Bathrooms
Half Baths2
Total Baths4
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringLuxuryVinylPlank
Heating Y/NYes
Interior AmenitiesGraniteCounters
Total Fireplaces
Window FeaturesWindowCoverings
General for 1716 E Powell Avenue
Additional Parcels Y/NNo
AppliancesDishwasher, ElectricRange, ElectricWaterHeater, Disposal
Attached Garage Yes
AttributionContact817-818-9160
Cap Rate0.38
Carport Spaces0.0
Carport Y/NNo
CityFort Worth
Construction MaterialsFiberCement
CoolingCentralAir, Electric
CountyTarrant
DirectionsFrom S. Riverside Drive go east on E. Powell. Duplexes are east of Ash Crescent Street.
Electric On Property Y/NNo
Elementary SchoolEdwardbris
Elementary School DistrictFort Worth ISD
Full Baths2
Garage Spaces2.0
Garage Y/NYes
Gross Income38400.0
HOANo
HeatingElectric
High SchoolPolytechni
High School DistrictFort Worth ISD
Home Warranty Y/NNo
Insurance Expense2244.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionBELMONT ADDITION BLOCK 12 LOT 5
LevelsTwo
Lot Size Square Feet6272.64
Lot Size UnitsAcres
Middle/Junior High SchoolMorningsid
Middle/Junior School DistrictFort Worth ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-28T20:55:42.600-00:00
Net Operating Income1618.0
New ConstructionNo
Number Of Units Total2
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameBelmont Add
Tax Annual Amount9311.0
Tax Lot5
UtilitiesSewerAvailable, WaterAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built2025
Year Built DetailsNew Construction - Incomplete
Exterior for 1716 E Powell Avenue
Building Area Total2032.0
Covered Spaces2.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.144
Lot Size Area0.144
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAdditionalParking, Driveway, Garage, GarageDoorOpener
Road Surface TypeAsphalt
SpaNo
Total Parking2.0
Water SourcePublic
Additional Details
Price History
Schools
Elementary School
Edwardbris Elementary School
High School
Polytechni High School
Middle School
Morningsid Middle School
Rodney Edwards
Associate Broker