6 months on rocket

5933 Shadydell Dr, Fort Worth, TX, 76135

$6,120,000

72 Bedrooms
0 Baths
38,880 SqFt
$157/SqFt
Multi

Location

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Property Highlights

Home TypeQuadruplex
ParkingCarport
Year Built1985
HeatingElectric
CoolingElectric
FireplaceLiving Room
MLS #20607886
Lot Size2.85 Acres
StatusActive

About 5933 Shadydell Dr

Offering package sale of 9 Fourplexes townhomes (36 Units) , 2 stories Built year 1985 and Renovated 30 units in 2022,2023 and 6 units can be improved to fetch higher rent to increase value. This will be a good Strategy Value-Add multifamily for the positive cash-flow. The current average effective rent $1300, whereas the average market rent is $1500. Most of occupied tenants are on annual lease and it will be a great opportunity to increase rent to generate more income during the lease renewals to improve the cashflow. Great brick fourplex with 90% occupancy. Nice floorplans with wood burning fireplaces, private fenced patios, covered parking and storage spaces. All kitchen appliances included. Rentable Sqft 38880 Sqft, Total Land 2.85 Acres, Configuration 2 Bed and 1 ½ Bath. **Seller is willing to sell the individual fourplexes with quick closing** DO NOT DISTURB TENANTS! *Showings is not allowed until the offer is executed and the proof of funds are submitted*

Property Details

Property Features

Property Information:

  • Year Built: 1985
  • Living Area: 38,880 SqFt

Listing Office:

  • Office Name: My Dream Home Helpers Realty
  • Office Phone: (214) 264-2737
  • Listing Agent: Abdul Jameel Abdur Rahman

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile, Laminate
  • Interior: Walk-In Closet(s)
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Total Bedroom Count: 72

Exterior Features

Parking Information:

  • Parking: Carport

Virtual/3D Tour

  • Virtual Tour: 5933 Shadydell Dr
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Lot Features

Lot Information:

  • Lot Size: 2.85 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

Other

Directions Information:

  • Directions: PLEASE FOLLOW GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,120,000
  • Price Per SqFt: $157/SqFt

Tax Information:

  • Annual Amount: $10,873
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$329.9K

Med. Price/SqFt

$193

Avg. Days On Market

61

# of Sold Homes

761

5933 Shadydell Dr vs Fort Worth

195 DAYS ON ROCKET

+134 Days

$6,120,000

+$5.7M More

$157/SqFt

-$36 Less

KEY TAKEAWAY

This property is $5.7M more than the Median Sold Price and $36/SqFt less than other homes in Fort Worth, TX.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20607886

Listing Office:

  • Office Name: My Dream Home Helpers Realty
  • Office Phone: (214) 264-2737
  • Listing Agent: Abdul Jameel Abdur Rahman

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: 11/15/2024, 3:20:52 AM 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$10,873$380,000
2019$7,068$380,000
2017$7,370$247,915

History based on county public records data.

Payment Calculator

$30.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$18.4K

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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-255512
5
/10
  • Marine Creek Elementary School

  • 4801 Huffines Blvd

  • 0.59 miles

  • Public District Grades PK-4

school-card-donut-255513
5
/10
  • Greenfield Elementary School

  • 6020 Ten Mile Bridge Rd

  • 1.05 miles

  • Public District Grades KG-5

school-card-donut-255514
1
/10
  • M. J. Miller Elementary School

  • 5250 Estrella St

  • 1.29 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,914. Residents of Fort Worth, TX typically earn between $35k-100k each year. Most families are married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesTexasTarrant CountyFort Worth761355933 Shadydell Dr

This home is located at 5933 Shadydell Dr in Fort Worth, TX and zip code 76135 in the Marine Creek Heights neighborhood. This 38,880 square foot home, which was built in 1985, sits on a 2.85 acre lot. Features: 72 bedrooms. It has been listed on Rocket Homes since May 04, 2024 and is currently priced at $6,120,000.

Fort Worth, TX housing market in October 2024 saw over 0 listings sold above listed price, more than 2 sold at listed price and over 1 sold below. The number of homes for sale in Fort Worth, TX increased by 7% between September 2024 and October 2024. In October 2024 median list price was $329,999 and the average listing age was 61 days.

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

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