824 Karnes Street, Fort Worth, TX 76111
Local realty services provided by:ERA Newlin & Company
Listed by: denise abrams817-200-7982
Office: green light property managemen
MLS#:21046630
Source:GDAR
Price summary
- Price:$183,500
- Price per sq. ft.:$86.97
About this home
Value-Add Investment Opportunity with Strong Cash-Flow Upside
Bring your vision, tools, and creativity to unlock the full potential of this true value-add property. This is a genuine fixer with multiple income paths—ideal for investors seeking forced appreciation and long-term cash flow.
The property features multiple living areas, creating a unique opportunity for multi-unit rental income, house hacking, or portfolio expansion. The main residence includes its own kitchen, bath, and laundry, providing a solid foundation for renovation and modernization. One side of the property is unfinished, offering a clean slate for build-out, while the remaining areas require repairs and cosmetic updates—perfect for an investor ready to add value through improvements.
With separate and flexible layouts, one unit includes a private entrance, making it well-suited for an additional rental, short-term income, office, or studio space. Another area presents a blank canvas ready for redevelopment, allowing you to tailor the property to your preferred investment strategy.
Located in a highly convenient area near grocery stores, restaurants, downtown, TX-121, and Belknap, and within walking distance to Sylvania Park, this property combines strong location fundamentals with upside potential—a rare combination for investors.
Investor Notes:
Per seller, no seller financing. No emailed offers. All offers must be submitted on a signed contract with proof of funds and pre-approval.
Contact an agent
Home facts
- Year built:1912
- Listing ID #:21046630
- Added:111 day(s) ago
- Updated:December 19, 2025 at 12:48 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,110 sq. ft.
Structure and exterior
- Year built:1912
- Building area:2,110 sq. ft.
- Lot area:0.13 Acres
Schools
- High school:Carter Riv
- Middle school:Riverside
- Elementary school:Oakhurst
Finances and disclosures
- Price:$183,500
- Price per sq. ft.:$86.97
- Tax amount:$3,556
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