Unlock immediate income potential with this rare multi-family fourplex, ideally situated in the heart of Highland Homes. Each of the four units offers a private front entrance, a fenced backyard patio, and a thoughtfully designed two-bedroom, 1.5-bath layout that appeals to long-term tenants. Inside, residents enjoy expansive living rooms with fireplaces, open dining areas, efficient kitchens, convenient first-floor half baths with utility closets, and upstairs layouts featuring two spacious bedrooms and a full bath. Two units have been recently updated with modern finishes, including fresh neutral paint, new flooring and carpet, updated fixtures, and kitchens enhanced with granite countertops, stainless sinks, and newer appliances, while select bathrooms showcase granite vanities and stylish hardware. With three units already occupied, the property is generating steady rental income, complemented by recent capital improvements such as two HVAC systems replaced within the past three years. Additional conveniences include covered rear carport parking and extra open spaces for guests. Tenants will also appreciate the unbeatable location with easy access to Camp Bowie Blvd, I-20, Highway 377, Loop 820, and I-30, making commutes across the metroplex quick and convenient. A true turnkey opportunity, this fourplex is perfectly suited for both seasoned investors seeking reliable returns and first-time buyers eager to own an income-producing property in a prime Fort Worth location.
For sale
$724,500
7504 Chapin Rd, Fort Worth, TX 76116
8beds
4,298sqft
Est.:
Quadruplex, Multi Family, Multi Family
Built in 1984
-- sqft lot
$-- Zestimate®
$169/sqft
$-- HOA
What's special
Stylish hardwareUpdated fixturesNewer appliancesFresh neutral paintOpen dining areasNew flooring and carpetGranite countertops
- 99 days |
- 697 |
- 54 |
Zillow last checked: 8 hours ago
Listing updated: September 22, 2025 at 05:10pm
Listed by:
Michael Hershenberg 0668097 817-657-2470,
Real Broker, LLC 855-450-0442,
Brad Cook 0741303 817-909-9512,
Real Broker, LLC
Source: NTREIS,MLS#: 21063188
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 4
- 1/2 bathrooms: 4
Heating
- Central, Electric, Fireplace(s)
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
Features
- Decorative/Designer Lighting Fixtures, Granite Counters, High Speed Internet, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s)
- Flooring: Ceramic Tile, Luxury Vinyl Plank, Tile, Vinyl, Wood
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Decorative, Living Room, Masonry, Raised Hearth, Wood Burning
Interior area
- Total structure area: 4,298
- Total interior livable area: 4,298 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Additional Parking, Assigned, Concrete, Covered, Carport, Detached Carport, Lighted, Outside, On Street
- Carport spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Exterior features: Lighting, Private Yard
- Pool features: None
- Fencing: Back Yard,Fenced,Full,Gate,Privacy,Wood
Lot
- Size: 0.28 Acres
- Features: Interior Lot, Landscaped, Level, Few Trees
Details
- Parcel number: 04813235
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Brick, Wood Siding
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Overhead Utilities, Phone Available, Sewer Available, Separate Meters, Water Available, Cable Available
Community & HOA
Community
- Features: Trails/Paths, Curbs
- Security: Smoke Detector(s), Security Lights
- Subdivision: Highland Homes Add
HOA
- Has HOA: No
Location
- Region: Fort Worth
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $508,760
- Annual tax amount: $11,416
- Date on market: 9/22/2025
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,989/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2025 | Listed for sale | $724,500+23.8%$169/sqft |
Source: NTREIS #21063188 Report a problem | ||
| 8/5/2024 | Sold | -- |
Source: NTREIS #20526034 Report a problem | ||
| 7/1/2024 | Pending sale | $585,000$136/sqft |
Source: NTREIS #20526034 Report a problem | ||
| 6/7/2024 | Price change | $585,000-3.3%$136/sqft |
Source: NTREIS #20526034 Report a problem | ||
| 6/3/2024 | Price change | $605,000-0.8%$141/sqft |
Source: NTREIS #20526034 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,416 -6% | $508,760 -5.2% |
| 2023 | $12,143 +34.9% | $536,648 +55% |
| 2022 | $8,998 -4% | $346,147 -0.7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,742/mo
Principal & interest
$3462
Property taxes
$1026
Home insurance
$254
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: Luellamerr
- 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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