7700 Chapin Road

Fort Worth, TX 76116

$1,400,000
Price
—
Beds
9,966 Sq. Ft.
$140 / Sq. Ft.
9,966
Sq. Ft.
$140
per Sq. Ft.

Description

The Western Apartments is a renovated 9-unit apartment community situated on a corner lot. The property consists of spacious and remodeled two-story townhome-style units offering two bedrooms and one and a half baths. All units are updated and feature fully-equipped kitchens with stainless steel appliances and upgraded countertops, new flooring, and private fenced patios in the back and front. Four units were replaced with laminate flooring upstairs, while the remaining have carpet in the upstairs...The Western Apartments is a renovated 9-unit apartment community situated on a corner lot. The property consists of spacious and remodeled two-story townhome-style units offering two bedrooms and one and a half baths. All units are updated and feature fully-equipped kitchens with stainless steel appliances and upgraded countertops, new flooring, and private fenced patios in the back and front. Four units were replaced with laminate flooring upstairs, while the remaining have carpet in the upstairs bedrooms. The property provides 18 covered parking spots. Owner spent over 80k in capex over the last year and replaced delinquent tenants with screened applicants requiring full deposits. Updates include foundation repair for entire building, carport roof repair, replaced cast iron with PVC where leaks were found, handrails to front steps and more. Please see Transaction Desk for OM and reach out to agent for instructions on accessing financials. Currently has 1 vacant that can be viewed.
  1. Listed by Esther Cho • TREC #0680452 • GSFREA LLC

Property Details for 7700 Chapin Road

Subdivision Name
Bankhead Estates Add
Pool
No
Number Of Parking Spaces
18

Location

Listing Courtesy of GSFREA LLC, Esther Cho
Add your commute
LISTING UPDATED: 04/22/2024 11:39 AM

Property Details for 7700 Chapin Road

StatusActive
MLS #20569061
Days on Market36
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment/5Plex+
Year Built1979
Lot Size0.53 AC / 22,999 SF
CountyTarrant County

Location

Listing Courtesy of GSFREA LLC, Esther Cho
Add your commute

Building Information for 7700 Chapin Road

Stories1Residences9Year Built1979Building Size-Lot Size0.53 AC / 22,999 SF

Payment Calculator

$9,738 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,640

Property Taxes

$2,098

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7700 Chapin Road

Summary
Location and General Information
  • Block: 9
  • Complex Name: The Western
  • Directions: From I-30, go south on Alta Mere Drive and go west onto Chapin Rd. Property is on the corner of Reagan Dr. and Chapin Rd.
  • 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: Carport, Covered
  • Parking Spaces Covered Total: 18
Taxes and HOA Information
  • Tax Legal Description: BANKHEAD ESTATES ADDITION BLOCK 9 LOT 13A
  • Association Type: None
  • Tax Lot: 13A
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Carpet, Laminate, Tile
  • Heating: Electric
  • Interior Features: Cable TV Available, Granite Counters, High Speed Internet Available, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Washer
  • Cooling: Central Air, Electric
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Brick
  • Fencing: Wood
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Shingle
  • Number Of Units Total: 9
  • Levels: One
Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.528
  • Lot Size Area: 0.528
  • Lot Size Units: Acres
  • Lot Size Square Feet: 22999.68
  • Multi Parcel ID: No
  • Parcel Number: 00119830
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: .00%
  • Gross Annual Expenses: $0
  • Gross Annual Income: $0
  • Insurance Expense: $0
  • Net Operation Income: $.00
Unit 1
  • Approximate SQFT: 1107.0
  • Average Lease Amount: $1,475.00
  • Living Area Length: 0.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 9

Property History for 7700 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 7700 Chapin Road

Taxable ValueLand$33,120Additions$1,079,285Total$1,112,405
Tax Record2023$25,171 ($2,098 / month)
Home Facts
Total Finished SqFt9,966 SqFtAbove Grade Finished SqFt9,966 SqFtStories2Lot Size23,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1979CountyTARRANTAPN1580-9-13A

Schools near 7700 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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7700 Chapin Road is a multi-family home for sale in Fort Worth, TX 76116. This property was listed for sale on March 25, 2024 by GSFREA LLC, it's currently listed at $1,400,000. It has been on the market for a total of 36 days and was last sold on April 1, 2017. 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. 7700 Chapin Road is a 0-bed, 0-bath, 9,966 sqft multi-family home built in 1979.

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 GSFREA LLC, Esther Cho

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: 04/22/2024 11:39 AM