2 months on rocket

5308 S Drive, Fort Worth, TX, 76132

$585,000

Home List Price

$6,947*

Closing Credit

0 Baths
Multi

Location

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5308 S Drive, Fredericksburg$585,000

Buyer Closing Credits

$6,947*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingCovered, Garage
Year Built1970
HeatingCentral, Natural Gas
CoolingCentral Air, Ceiling Fan(s)
MLS #20734415
Lot Size0.28 Acres
StatusActive

About 5308 S Drive

Discover your next Investment Opportunity in Fort Worth Texas! Full Duplex for Sale. Each unit has 3 bedrooms, 2 full bathrooms, and 2 car garage spaces. The full duplex boasts 6 total bedrooms, 4 full bathrooms, and 4 car garage spaces. New Low-E Energy Star certified windows installed throughout both units in 2022. New Cedar Fencing installed in back yard. Located minutes away from local amenities such as Tanglewood Park, Chisholm Trail Park, Hulen Mall, The Shops at ClearFork and a diverse range of Restaurants, Casual Eateries, and Fine Dining. Texas is experiencing one of the fastest population growth rates in the nation which in turn creates an influx of new residents for Fort Worth, creating an increased demand for rental properties. Water, sewer, trash is not separately metered, other utilities are separately metered. Both units are Tenant occupied at $1800 a month for each. 5310 has current 24 mo. lease agreement in place.

Property Details

Property Features

Property Information:

  • Year Built: 1970

Listing Office:

  • Office Name: Doorway Real Estate Group INC
  • Office Phone: (682) 261-6889
  • Listing Agent: Eric Hathman

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave
  • Flooring Type: Carpet, Ceramic Tile, Laminate, Vinyl
  • Interior: Cable TV

Exterior Features

Parking Information:

  • Parking: Covered, Garage

Virtual/3D Tour

  • Virtual Tour: 5308 S Drive
Virtual Tour

Lot Features

Lot Information:

  • Lot: Level, Few Trees
  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: West on I-20, exit South Drive, take a left and travel south, property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $585,000
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Housing Market Comparison

See how this home compares to others in Fredericksburg, TX.

Med. Sold Price

$590K

Med. Price/SqFt

$328

Avg. Days On Market

151

# of Sold Homes

14

5308 S Drive vs Fredericksburg

85 DAYS ON ROCKET

-66 Days

$585,000

-$5K Less

KEY TAKEAWAY

This property is $5K less than the Median Sold Price in Fredericksburg, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20734415

Listing Office:

  • Office Name: Doorway Real Estate Group INC
  • Office Phone: (682) 261-6889
  • Listing Agent: Eric Hathman

IDX ©2024 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: 12/18/2024, 8:21:06 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,987

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,820

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NMLS#3030

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-4445358
3
/10
  • Fredericksburg Elementary School

  • 1608 N Adams St

  • 5.56 miles

  • Public District Grades 2-5

school-card-donut-4445359
7
/10
  • Stonewall Elementary School

  • 220 Peach St

  • 11.70 miles

  • Public District Grades KG-5

school-card-donut-4445360
6
/10
  • Lyndon B Johnson Elementary School

  • 401 E Pecan St

  • 24.16 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,768. Residents of Fredericksburg, TX typically earn between $35k-100k each year. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesTexasGillespie CountyFredericksburg761325308 S Drive

This home is located at 5308 S Drive in Fort Worth, TX and zip code 76132. This home, which was built in 1970, sits on a 0.28 acre lot. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $585,000.

In November 2024, from all listings sold in Fredericksburg, TX there were more than 0 sold above asking price, over 6 sold below and more than 0 were sold right at the asked price. Between October 2024 and November 2024, Fredericksburg, TX real estate market has seen increase in the number of listings by 5%. In November 2024, listings were on the market for 151 days. During the same period, the median list price in this real estate market was $590,000.

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

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