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100 % Leased 8 New Condominiums 123 Merritt St 8 Unit Apartment Building For Sale Fort Worth, TX 76114
Executive Summary
-100% Leased New Condos For Sale- (8 Condos) Built 2025
- River District- Great Location 4 miles West of Downtown Fort Worth
- Mixed Use Zoning- Allows for Short Term Rentals
- Low HOA fees
- Flexibility to lease or use as home office
- Near Restaurants, Grocery and Retail
- Trails along the river for biking / running
-Condo-style units offer immediate income potential with strong rent comparable in the Fort Worth market
-High-Growth DFW Submarket
Ideal for investors seeking:
Smaller unit counts vs. large apartments
Ability to sell units individually (exit optionality)
-Located in the expanding Dallas-Fort Worth Metroplex, one of the fastest-growing MSAs in the U.S.
-Population and job growth continue to drive rental demand and rent appreciation
- River District- Great Location 4 miles West of Downtown Fort Worth
- Mixed Use Zoning- Allows for Short Term Rentals
- Low HOA fees
- Flexibility to lease or use as home office
- Near Restaurants, Grocery and Retail
- Trails along the river for biking / running
-Condo-style units offer immediate income potential with strong rent comparable in the Fort Worth market
-High-Growth DFW Submarket
Ideal for investors seeking:
Smaller unit counts vs. large apartments
Ability to sell units individually (exit optionality)
-Located in the expanding Dallas-Fort Worth Metroplex, one of the fastest-growing MSAs in the U.S.
-Population and job growth continue to drive rental demand and rent appreciation
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Sale Type | Investment | Lot Size | 0.98 AC |
| No. Units | 8 | Building Size | 7,200 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 2025 |
| Building Class | B | ||
| Zoning | MU - Mixed Use Zoning - Allows for Short Term Rentals, Office | ||
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.98 AC |
| Building Size | 7,200 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2025 |
| Zoning | MU - Mixed Use Zoning - Allows for Short Term Rentals, Office |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Refrigerator
- Sprinkler System
- Tub/Shower
- Vinyl Flooring
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Recycling
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 18 | $1,400 | 650 |
| 2+2.5 | 18 | $2,500 | 1,200 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 42777010 | Total Assessment | $5,586,689 (2025) |
| Land Assessment | $467,335 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $5,535,396 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
42777010
Land Assessment
$467,335 (2025)
Improvements Assessment
$5,535,396 (2025)
Total Assessment
$5,586,689 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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100 % Leased 8 New Condominiums | 123 Merritt St
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