Fort Worth, TX 76107 5116 Lovell Avenue

OPEN HOUSE Sun, Aug 10 2025 01:00 PM - 03:00 PM
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Presented By: Philip Walker with Walker Realty Partners LLC;
  • MLS# 20999108
  • 07/13/2025
  • Request Tour
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  • Beds • 4
  • Baths • 4
  • Garage • 4

Home Details

Renovated & Income-Producing – 5116 & 5120 Lovell Ave. This full duplex is one of two on this block that were custom-built by famed Fort Worth grocer Roy Pope for his family members. Ideal opportunity for owner-occupants or investors: this updated full duplex offers immediate rental income and long-term upside. Live in one side and lease the other, or enjoy strong returns from both. Each side features: 2 bedrooms, 2 bathrooms Private 2-car garage Yard space and outdoor living – covered patio at 5116, wood deck at 5120 Fully renovated kitchens with white cabinetry, quartz countertops, stainless appliances including gas cooktop, dual convection ovens, and dishwasher Modern finishes and well-maintained systems Dedicated air filtration system between units for odor and air quality control Unit Details: 5116 Lovell Ave. – 1,598 SF; previously leased for $1,780 per month. Now vacant and move-in ready. 5120 Lovell Ave. – 2,146 SF; leased through 11-30-2025 at $2,250 per month. Includes a fireplace, large living room, and a bonus room ideal for an office or den with access to the deck. This property sits in a rapidly revitalizing area with ongoing renovation and investment activity. The roof is approximately 8 years old. Owners have maintained the property with care and attention to detail. 2024 cash flow statement available upon request. Owners prefer to sell both units together but will consider offers on individual sides.
Presented By: Philip Walker with Walker Realty Partners LLC;

Interior Features for 5116 Lovell Avenue

Bedrooms

Total Bedrooms4

Bathrooms

Half Baths0
Total Baths4

Other Interior Features

Fireplace FeaturesWood Burning
Unit Count2
Fireplaces Total1
Lock Box TypeBlue BT LE
Window FeaturesWindow Coverings
FlooringCarpet, Ceramic Tile
Interior FeaturesBuilt-in Features, Cable TV Available, Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Walk-In Closet(s)
Total Units2

General for 5116 Lovell Avenue

# of Buildings1
Accessory Unit Y/NNo
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater
Capitalization Rate3.50
Carport Spaces
CityFort Worth
Complex NameNA
Construction MaterialsBrick, Wood
CoolingCeiling Fan(s), Central Air, Electric
CountyTarrant
DirectionsJust west of Hulen Street and south of I-30.
Elementary SchoolSouthhimou
Elementary School NameSouthhimou
Full Baths4
Gross Annual Expenses14596.00
HOA TypeNone
HeatingCentral, Natural Gas
High SchoolArlngtnhts
Insurance Expense3457
LevelsOne
Number of Garage Spaces4
Occupant TypeTenant
Open HousePublic: Sun Aug 10, 1:00PM-3:00PM
Operating Expense IncludesInsurance, Maintenance, Manager, Pest Control, Professional Management
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
School DistrictFort Worth ISD
Standard StatusActive
StatusActive
Subdivision NameChamberlain Arlington Heights 1st
Unexempt Taxes4588
UtilitiesCable Available, City Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideYes
Year Built1968
Year Built DetailsPreowned

Exterior for 5116 Lovell Avenue

Attached Garage Y/NYes
Building Area Total3744.00
Covered Spaces4
Exterior FeaturesCovered Patio/Porch
FencingWood, Wrought Iron
Foundation Slab
Garage Length21
Garage Width22
Garage Y/NYes
Lot FeaturesInterior Lot, Landscaped
Lot Size Acres0.1440
Lot Size Area0.1440
Lot Size SourceAssessor
Lot Size Square Feet6272.6400
Lot Size UnitsAcres
Number Of Parking Spaces4
Parking FeaturesAdditional Parking, Electric Vehicle Charging Station(s), Garage Double Door, Garage Faces Side, Garage Single Door
Patio And Porch FeaturesCovered

Additional Details

Price History

Schools

Elementary School Southhimou Elementary School
High School N/A
Middle School N/A

Katie Edwards

Realtor
Price $695,000
MLS#20999108
List Date 07/13/2025
Property Type Multi-Family
Phone 979.571.7600
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Request Info
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