UPDATED:
Key Details
Property Type Single Family Home
Sub Type Multiple Single Units
Listing Status Active
Purchase Type For Sale
Subdivision Southland
MLS Listing ID 21066950
HOA Y/N None
Total Fin. Sqft 3410
Year Built 1934
Lot Size 7,000 Sqft
Acres 0.1607
Property Sub-Type Multiple Single Units
Property Description
The property includes five unique units:
Unit I 1 bed 1 bath
Unit G – Studio
Unit H – 2 bed 1 bath
Unit M – 2 bed 1 bath
Unit N – 4 bed 2 bath
This diverse unit mix allows for multiple rental strategies and broad tenant appeal, from single professionals and couples to families seeking more space. Once renovated, Riata Apartments could generate strong, stable income across a variety of lease structures.
All units require a full renovation, including flooring, kitchens, bathrooms, paint, roof, electrical, plumbing, and appliances. While the property is currently in rough condition, it represents the perfect blank canvas for investors with vision. With the right rehab plan, Riata Apartments can be transformed into a modern, attractive multi-family community positioned to serve the strong rental demand in Fort Worth.
The surrounding area continues to see robust population and job growth, making affordable rentals a sought-after commodity. At this price point, the cost per square foot and per unit is well below market averages, leaving plenty of room for value-add improvements and long-term equity growth.
Bring your contractor and your creativity—this is not just a property, it's a business opportunity. Whether your goal is buy-and-hold for cash flow, reposition and refinance, or renovate and resell, Riata Apartments offers the framework for exceptional returns in one of Texas' most dynamic rental markets.
Location
State TX
County Tarrant
Direction From I-35W, exit Berry St and head east. Turn right on Riverside Dr, then left on Eastland St. Property will be on your right.
Interior
Interior Features Other
Heating Central
Cooling Multi Units
Flooring Laminate
Appliance None
Heat Source Central
Exterior
Utilities Available City Sewer, City Water, Electricity Available
Roof Type Asphalt
Garage No
Building
Story Two
Foundation Pillar/Post/Pier
Level or Stories Two
Structure Type Brick,Frame
Schools
Elementary Schools Carrollpea
Middle Schools Morningsid
High Schools Polytechni
School District Fort Worth Isd
Others
Ownership HAR-EVAN LLC
