Prime Investment Opportunity in growing area of Ft Worth! Discover an exceptional income-producing property featuring four spacious 2-bedroom, 1.5-bathroom townhome-style units, each offering 1,075 square feet of comfortable living space across two stories. Spacious living areas with a charming fireplace. Each unit has a private fence backyard courtyard with access to the carport parking spaces. Additional uncovered spots for guests. Several units have been updated over the last 7 years to include updated kitchens with granite counter tops, storage cabinets, and subway tile backsplash. Bathroom updates include new toilets, granite vanity tops, paint, and flooring. Further udpates include laminate flooring, new paint, newer fixtures, appliances, and more. No carpet! Convenient guest half bathroom downstairs, with washer dryer hookups in each unit. Strategically positioned just off Camp Bowie with access to major employers including Lockheed Martin and the Joint Reserve Base, plus convenient shopping, dining, and a quick commute to downtown Fort Worth. Unit A and B with current tenants at $1200mo. Unit D is leased with move in date of 10.1 at $1295. Unit C being made ready and will be available to show! Showings may take place on Unit D through appointment on showingtime until 9.30, then unit C can be shown, with all units available to show with an accepted offer. Photos are of unit D, with unit C identical in updates. Unit B is also updated. Unit A has a long term tenant with no updates under current ownership. Tenants pay own electric bills, bill back of $80 per unit for water and trash. New water heater Unit B - 09.10.2021, New Refrigerator Unit C - 09.20.2021, New AC Duct Unit D - 06.24.2022, All new fencing in July 2022, Roof 2017 or 2018.
Pending
$639,900
7500 Chapin Rd, Fort Worth, TX 76116
8beds
4,298sqft
Est.:
Quadruplex, Multi Family, Multi Family
Built in 1984
-- sqft lot
$-- Zestimate®
$149/sqft
$-- HOA
What's special
Charming fireplaceNew toiletsPrivate fence backyard courtyardLaminate flooringGranite counter topsWasher dryer hookupsGranite vanity tops
- 99 days |
- 31 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: November 22, 2025 at 08:40am
Listed by:
Jenna Harris 0629804 713-357-0068,
The Sears Group 713-357-0068,
Rebekah Harris 0684721 936-462-3118,
The Sears Group
Source: NTREIS,MLS#: 21061223
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 4
- 1/2 bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Electric Range, Disposal, Refrigerator, Vented Exhaust Fan
Features
- Built-in Features, Granite Counters
- Flooring: Laminate
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Masonry
Interior area
- Total structure area: 4,298
- Total interior livable area: 4,298 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Additional Parking, Covered, Carport
- Carport spaces: 6
Features
- Levels: Two
- Stories: 2
- Exterior features: Courtyard, Private Yard
- Pool features: None
- Fencing: Fenced,Wood
Lot
- Size: 0.28 Acres
Details
- Parcel number: 04813243
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Separate Meters, Water Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Highland Homes Add
HOA
- Has HOA: No
Location
- Region: Fort Worth
Financial & listing details
- Price per square foot: $149/sqft
- Tax assessed value: $433,026
- Annual tax amount: $9,717
- Date on market: 9/23/2025
- Cumulative days on market: 89 days
- Listing terms: Cash,Conventional,1031 Exchange,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
$1,989/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/22/2025 | Pending sale | $639,900$149/sqft |
Source: NTREIS #21061223 Report a problem | ||
| 11/12/2025 | Contingent | $639,900$149/sqft |
Source: NTREIS #21061223 Report a problem | ||
| 9/23/2025 | Listed for sale | $639,900+299.9%$149/sqft |
Source: NTREIS #21061223 Report a problem | ||
| 1/8/2013 | Listing removed | $575 |
Source: Hotpads for Rent Report a problem | ||
| 12/22/2012 | Listed for rent | $575 |
Source: Hotpads for Rent Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,717 -1.3% | $433,026 -0.5% |
| 2023 | $9,843 +31.2% | $435,000 +50.8% |
| 2022 | $7,500 +0.4% | $288,522 +3.9% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,314/mo
Principal & interest
$3183
Property taxes
$907
Home insurance
$224
Climate risks
Neighborhood: 76116
Nearby schools
GreatSchools rating
- 5/10Luella Merrett Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 2/10Leonard Middle SchoolGrades: 6-8Distance: 1.6 mi
- 2/10Western Hills High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Waverlypar
- Middle: Leonard
- High: Westn Hill
- District: Fort Worth ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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