Listing Description
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. Use the title company mentioned escrow Lynsey Evans