10520 Tube Dr, Fort Worth, TX 76053

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List Price
$4,800,000
Status
ACTIVE
MLS#
21428917
Bedrooms
99
Lot Size
160,300

Property Description

Multifamily Investment Opportunity – Phase I Completed & Phase II Shovel-Ready. 32-unit multifamily development consisting of 8 buildings with 4 units per building. ** Phase I: First 3 buildings (12 units) were completed earlier this year 2026. All 12 units are fully leased. ** Phase II: Remaining 5 buildings (20 units) are shovel-ready for construction. ** Utilities: Electricity, water, sewer, and fiber optics have already been brought to each of the 5 remaining building sites individually. ** Roads & Parking: All roads and parking concrete flatwork have already been completed. Site Plan: Fully approved by the City. Architectural Plans: Completed and ready for permit submission. ** Permitting: Plans for one of the remaining 5 buildings have already been submitted and reviewed by the City, with only a couple of minor comments left to address. Construction ** Cost: Builders quote to complete the remaining 5 buildings is in hand and can be shared with interested, qualified buyers. ** Asking Price includes 12 Units, 5 shovel-ready lots, approved site plan, building plans, builder quote. ** Financial Information: Detailed financials and project pricing breakdown are available upon request. ** Profit Potential: Estimated xxx in potential profit-equity upon completion of Phase II, based on current project estimates. This is an opportunity to acquire an income-producing multifamily property with an additional 20 units ready to go vertical. With all infrastructure, utilities, roads, parking, and site approvals already completed, the project offers a significant head start on Phase II construction and the potential for substantial additional equity upon completion.

Additional Information

Taxes
$4,035
Year Built
2026
Parking Spaces
92
Interior Features
Decorative Designer Lighting Fixtures, Eat-In Kitchen, Granite Counters, Kitchen Island, Open Floor Plan, Pantry, Cable TV, Walk-In Closet(s)
Roof
Composition
Appliances
Dishwasher, Electric Range, Disposal, Microwave
School District
Hurst-Euless-Bedford Isd
Elementary School
Wilshire
High School
Trinity
Middle School
Harwood
Sewer
Public Sewer
Stories
2
Street Name
Tube Dr
Street Number
10520
Water
Public
Acres
3.68
County
Tarrant
Foundation
Slab
Heating
Central, Electric

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Listing courtesy of Sarfaraz Hansraj from TEXAS ALLIANCE REAL ESTATE. Contact: 469-299-0052

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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