7504 Chapin Road

Fort Worth, TX 76116

$610,000
Price
6
Beds
4
Baths
4
1/2 Baths
4,298 Sq. Ft.
$142 / Sq. Ft.
4,298
Sq. Ft.
$142
per Sq. Ft.

Description

BOM buyer finances fell through. No inspection done with last buyer. Multi-family four-plex located in Highland Homes perfect for an investor looking to house hack. Two units have been completely updated with neutral paint, fixtures, carpet and flooring throughout and much more. Upgrade list is available upon request. Kitchens has been updated with granite in 1 unit, stainless sink and new appliances within the last 2 years. Bathrooms have been updated with granite in 1 unit, fixtures and hardware....BOM buyer finances fell through. No inspection done with last buyer. Multi-family four-plex located in Highland Homes perfect for an investor looking to house hack. Two units have been completely updated with neutral paint, fixtures, carpet and flooring throughout and much more. Upgrade list is available upon request. Kitchens has been updated with granite in 1 unit, stainless sink and new appliances within the last 2 years. Bathrooms have been updated with granite in 1 unit, fixtures and hardware. 3 units are occupied. Two HVAC's have been replaced in the last 3 years. Landlord pays - Dumpster $100 monthly, Water $150 approx, Lawncare provided by tenant $50 month credit. Room to increase rent on 1 unit, lease agreements renew Sept 24', Unit has not been updated at all.
  1. Listed by Zach Bell • TREC #0728318 • Agency Dallas Park Cities, LLC

Property Details for 7504 Chapin Road

Subdivision Name
Highland Homes Add
Pool
No
Number Of Parking Spaces
8

Location

Listing Courtesy of Agency Dallas Park Cities, LLC, Zach Bell
Add your commute
LISTING UPDATED: 04/27/2024 04:05 PM

Property Details for 7504 Chapin Road

StatusActive
MLS #20526034
Days on Market67
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built1984
Lot Size0.10 AC / 4,298 SF
CountyTarrant County

Location

Listing Courtesy of Agency Dallas Park Cities, LLC, Zach Bell
Add your commute

Building Information for 7504 Chapin Road

Stories2Residences4Year Built1984Building Size-Lot Size0.10 AC / 4,298 SF

Payment Calculator

$4,341 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,329

Property Taxes

$1,012

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7504 Chapin Road

Summary
Location and General Information
  • Block: 17
  • Complex Name: Chapin Rd Townhomes
  • Directions: Keep left to stay on I-30 W, Take exit 7B for TX-183 towards TX-341, Take TX-183 S Alta Mere Dr to Chapin turn right
  • Elementary School: Luellamerr
  • Elementary School Name: Luellamerr
  • High School: Westn Hill
  • High School Name: Westn Hill
  • Middle School: Leonard
  • Year Built Details: Preowned
  • School District: Fort Worth ISD
  • Geocode Confidence: High
  • Latitude: 32.72
  • Longitude: -97.45
  • State: Texas
Parking
  • Parking Features: Assigned, Carport
Taxes and HOA Information
  • Tax Legal Description: HIGHLAND HOMES ADDITION BLOCK 17 LOT 18A
  • Association Type: None
  • Tax Lot: 18a
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Heating: Central, Electric, Gas Jets
  • Interior Features: Cable TV Available, Decorative Lighting
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Brick, Siding
  • Exterior Features: Covered Patio/Porch
  • Fencing: Wood
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Composition
  • Waterfront: No
  • Number Of Units Total: 4
  • Patio And Porch Features: Covered
  • Levels: Two
Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • Financing Proposed: 1031 Exchange, Cash, Conventional, FHA
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Dock Permitted: No
  • Lot Features: Few Trees, Interior Lot, Subdivision
  • Lot Size Acres: 0.0987
  • Lot Size Area: 4298.0
  • Lot Size Units: Square Feet
  • Lot Size Square Feet: 4298.0
  • Multi Parcel ID: No
  • Parcel Number: 04813235
  • Lake Pump: No
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 7.33%
  • Gross Annual Expenses: $10,000
  • Gross Annual Income: $58,000
  • Insurance Expense: $3,300
  • Tenancy: 9 Months or Less, No Smoking, No Sublease, No Waterbeds, Over 9 Months, Pets Allowed
  • Total Annual Expenses Include: Insurance, Maintenance Grounds, Manager, Trash, Water/Sewer
  • Net Operation Income: $44,700.00
Unit 1
  • Approximate SQFT: 1074.0
  • Average Lease Amount: $1,095.00
  • Dining Area Length: 10.0
  • Dining Area Width: 10.0
  • Kitchen Length: 10.0
  • Kitchen Width: 8.0
  • Living Area Length: 14.0
  • Living Area Width: 12.0
  • Master Bed Length: 13.0
  • Master Bed Width: 12.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 4
Unit 2
  • Approximate SQFT: 1074.0
  • Average Lease Amount: $1,240.00
  • Dining Area Length: 10.0
  • Dining Area Width: 10.0
  • Kitchen Length: 10.0
  • Kitchen Width: 8.0
  • Living Area Length: 14.0
  • Living Area Width: 12.0
  • Master Bed Length: 13.0
  • Master Bed Width: 12.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 3
Unit 3
  • Approximate SQFT: 1074.0
  • Average Lease Amount: $1,195.00
  • Dining Area Length: 10.0
  • Dining Area Width: 10.0
  • Kitchen Length: 10.0
  • Kitchen Width: 8.0
  • Living Area Length: 14.0
  • Living Area Width: 12.0
  • Master Bed Length: 13.0
  • Master Bed Width: 12.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 2
Unit 4
  • Approximate SQFT: 1074.0
  • Average Lease Amount: $1,250.00
  • Dining Area Length: 10.0
  • Dining Area Width: 10.0
  • Kitchen Length: 10.0
  • Kitchen Width: 8.0
  • Living Area Length: 14.0
  • Living Area Width: 12.0
  • Master Bed Length: 13.0
  • Master Bed Width: 12.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1

Property History for 7504 Chapin Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7504 Chapin Road

Taxable ValueLand$25,000Additions$511,648Total$536,648
Tax Record2023$12,143 ($1,012 / month)
Home Facts
Total Finished SqFt4,298 SqFtAbove Grade Finished SqFt4,298 SqFtStories2Lot Size12,349 SqFtStyleTriplexYear Built1984CountyTARRANTAPN18080-17-18A

Schools near 7504 Chapin Road

This home is within Fort Worth Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 9
Rating
School
Distance
Luella Merrett Elementary School
PublicPK to 5

Leonard Middle School
Public6 to 8

Western Hills High School
Public9 to 12

International Newcomer Academy
Public6 to 9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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7504 Chapin Road is a multi-family home for sale in Fort Worth, TX 76116. This property was listed for sale on February 2, 2024 by Agency Dallas Park Cities, LLC, it's currently listed at $610,000. It has been on the market for a total of 67 days and was last sold on January 14, 2022. This listing's school district is Fort Worth Independent School District. Nearby schools include Luella Merrett Elementary School, Leonard Middle School and Western Hills High School. 7504 Chapin Road is a 6-bed, 6-bath, 4,298 sqft multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Agency Dallas Park Cities, LLC, Zach Bell

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 04/27/2024 04:05 PM