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824 Karnes Street Fort Worth, TX 76111
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,110 sqft
Subdivision Mathis Sub
MLS Listing ID 21046630
Bedrooms 6
Full Baths 3
Year Built 1912
Annual Tax Amount $3,556
Lot Size 5,662 Sqft
Property Sub-Type Single Family Residence
Property Description
True Fixer....but a hidden jewel....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 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, the remaining areas require repairs and cosmetic updates—perfect for an investor ready to add value through improvements and a surprise potential unit in the back.
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:
Seller finance offers will be auto-rejected per seller.
Location
State TX
County Tarrant
Rooms
Dining Room 1
Exterior
Utilities Available City Sewer, City Water
Building
Story One
Schools
Elementary Schools Oakhurst
Middle Schools Riverside
High Schools Carter Riv
School District Fort Worth Isd
Others
Acceptable Financing Cash, Conventional, FHA-203K
Listing Terms Cash, Conventional, FHA-203K
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Bought with Trace Howard • Summit Cove Realty, Inc.
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