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5116 Lovell Ave, Fort Worth, TX, 76107

$2,275,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths
Multi

Location

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5116 Lovell Ave, Fort Worth$2,275,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingGarage, Garage Door Opener
Attached Garage4 spaces
Year Built1968
HeatingCentral, Natural Gas
CoolingCentral Air, Ceiling Fan(s), Electric
FireplaceWood Burning
MLS #20784614
Lot Size0.14 Acres
StatusActive

About 5116 Lovell Ave

This is a great opportunity to purchase a package of 5 single-family properties and this full duplex that are 100% rented. The properties have always been professionally managed and extraordinarily maintained by their owner. The second address for this duplex is 5120. The other properties are: 6113 Trail Lake Dr., 5017 Whistler Dr, 5700 Lubbock Ave, 2713 Ridge Rd. N & 7305 S. Meadow. The properties are not being sold separately. Financials available.

Property Details

Property Features

Property Information:

  • Year Built: 1968

Listing Office:

  • Office Name: Keller Williams Dallas Midtown
  • Office Phone: (214) 769-4322
  • Listing Agent: Philip Walker

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile, Vinyl
  • Interior: Decorative/Designer Lighting Fixtures, Cable TV
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Garage, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 5116 Lovell Ave
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Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: Located near the intersection of I30 & Hulen St. Use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,275,000

Tax Information:

  • Annual Amount: $5,098
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Fort Worth, TX.

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Fort Worth, TX

City

Med. Sold Price

$304.9K

Med. Price/SqFt

$188

Avg. Days On Market

81

# of Sold Homes

719

5116 Lovell Ave vs Fort Worth

49 DAYS ON ROCKET

-32 Days

$2,275,000

+$1.9M More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price in Fort Worth, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20784614

Listing Office:

  • Office Name: Keller Williams Dallas Midtown
  • Office Phone: (214) 769-4322
  • Listing Agent: Philip Walker

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 1/11/2025, 7:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,098$185,857
2019$2,733$187,321
2017$2,940$105,580

History based on county public records data.

Payment Calculator

$11.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,887

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1983702
5
/10

  • Leadership Academy at Como Elementary School

  • 4000 Horne St

  • 0.94 miles

  • Public Charter Grades PK-5

school-card-donut-1983703
7
/10

  • South Hi Mount Elementary School

  • 4101 Birchman Ave

  • 1.07 miles

  • Public District Grades PK-5

school-card-donut-1983704
7
/10

  • Burton Hill Elementary School

  • 519 Burton Hill Rd

  • 1.65 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,793. The most common annual income of people living in Fort Worth, TX is less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Tarrant County›Fort Worth›76107›5116 Lovell Ave

This home is located at 5116 Lovell Ave in Fort Worth, TX and zip code 76107 in the Como neighborhood. This home, which was built in 1968, sits on a 0.14 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 23, 2024 and is currently priced at $2,275,000.

In December 2024 more than 3 listings in Fort Worth, TX were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 3 were sold below. The inventory of homes for sale in Fort Worth, TX between November 2024 and December 2024 decreased by 2.3%. Listings spent 81 days on the market in December 2024, and had a median list price of $304,999 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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