$250,000

1323 Gould Avenue, Fort Worth, TX 76164

  • Property Icon Land
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon0.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 22 days ago

Property Description

When it comes to making a smart real estate investment, few opportunities compare to purchasing property in a historic neighborhood. This rings especially true for buyers eyeing the perfect spot across from an elementary school—a location that offers both convenience and charm. Whether you're looking to rent or renovate, the possibilities are endless. Historic neighborhoods offer a unique blend of character and stability, making them ideal for long-term investments. If you're considering buying such a property, you have the option to either rent it out as-is or embark on a renovation journey to maximize its potential. One particularly enticing option is the possibility of tearing down an existing structure to build your dream home. Imagine creating a custom-built house tailored to your tastes while maintaining the neighborhood's aesthetic integrity. This not only enhances your living experience but also significantly increases the property's market value. For those who prefer a more hands-off approach, renting out the property is an excellent alternative. Proximity to an elementary school makes it highly desirable for families, ensuring consistent rental income. The demand for rental homes in good school districts remains strong, providing a stable return on investment. Moreover, investing in such properties opens up numerous possibilities beyond just renting or renovating. You could explore options like converting the space into multi-family units or even commercial use, depending on zoning laws and market demand. In conclusion, purchasing property in a historic neighborhood across from an elementary school offers multiple avenues for profit and personal satisfaction. Whether you choose to rent out the existing structure or tear it down to build your dream home, this investment promises significant returns and endless possibilities. So why wait? Dive into this opportunity and watch your investment flourish!

Listing Status:
Active
Listing Office:
Engel & Volkers Fort Worth : 817-900-6899
Listing Agent:
Sarah Sewell : 817-891-2247
MLS ID:
20978792
  • A/C: Central Air
  • Heating: Central

This listing courtesy of Sarah Sewell, Engel & Volkers Fort Worth

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Rufino Mendoza Elementary School

1412 Denver Ave, Fort Worth, TX, 76164

Grades PK-5

0.08 miles away

J

J.P. Elder Middle School

709 NW 21st St, Fort Worth, TX, 76164

Grades 6-8

0.67 miles away

M

Metro Opportunity

2720 Cullen St, Fort Worth, TX, 76107

Grades 9-12

0.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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