10520 Tube Drive, Fort Worth, TX 76053
Local realty services provided by:ERA Newlin & Company
Listed by: sarfaraz hansraj
Office: texas alliance real estate
MLS#:21422253
Source:GDAR
Price summary
- Price:$7,125,000
- Price per sq. ft.:$148.44
About this home
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. 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 the budgeted construction cost to complete all remaining 5 buildings (20 units).
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 for development. With major 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....
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Home facts
- Year built:2026
- Subdivision & Development:Valley Vista Add
- Listing ID #:21422253
- Added:1 day(s) ago
- Updated:October 28, 2026 at 01:29 PM
Rooms and interior
- Bedrooms:99
- Flooring:Carpet, Luxury Vinyl Plank
- Kitchen Description:Dishwasher, Disposal, Electric Range, Microwave
- Living area:48,000 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:2026
- Building area:48,000 sq. ft.
- Lot area:3.68 Acres
- Construction Materials:Brick, Frame
- Foundation Description:Slab
- Levels:2 Story
Schools
- High school:Trinity
- Middle school:Harwood
- Elementary school:Wilshire
Finances and disclosures
- Price:$7,125,000
- Price per sq. ft.:$148.44
- Tax amount:$4,035
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Range, Microwave
Parking
- Total parking spaces:92
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