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Image 1 - 4910-4912 Lovell Ave, Fort Worth, Texas, 76107 - House for sale

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Home For Sale In Fort Worth, Texas

4910-4912 Lovell Ave, Fort Worth, Texas, 76107

Home For Sale In Fort Worth, Texas

house for sale

6 views

Listed: 05/05/24

4910-4912 Lovell Ave, Fort Worth, Texas, 76107

6 Bed:

5.5 Bath:

2,970 Sq Ft Living Area:

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Price

$ 425,000

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About This House

Don't miss your chance to add this cash-flowing asset to your portfolio!! Located just 10 minutes from TCU, this duplex offers a unique opportunity to rent out a back apartment ADU to maximize rental income! The left side of the duplex is a large, two-story, 3-bedroom, 2.5-bath unit currently renting for$1, 900per month, with market rents supporting$2, 000as-is. The right side is a one-story, 2-bedroom, 2-bath unit currently renting for$1, 250per month, with market rents supporting$1, 300as-is. The back apartment needs a complete renovation, but once completed, market rents support $700 per month. With a total income potential of$4, 000per month and the main house not requiring any work, this property is an excellent buy and hold opportunity for an investor or house hacker. Schedule a showing today!

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Fort Worth Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$270,235 (-14%)
Apr 2024	$314,084 (+44.3%)
Mar 2024	$217,672 (0%)
Feb 2024	$217,672 (0%)
Jan 2024	$217,672 (-29.3%)
Dec 2023	$307,900 (+0.4%)

In May 2024, the asking price for 2 bed houses for sale in/near Fort Worth, United States averaged $270,235, a decrease of 14% from the previous month.

Median price trends for properties for sale in Fort Worth, United States as of May 2024.

Household Income

Median household income: $58,448

Number of households: 308,188

The average household income in Fort Worth, TX declined from $60,205 to $58,448 in the past year. This data is an estimate based upon 308,188 households in Fort Worth, TX.
The chart below presents how household income is distributed in Fort Worth, TX in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Fort Worth, TX compared to median property taxes around the country. The prevalent amount of property taxes in Fort Worth, TX equals $3k+ , which is more than the national average.