10520 Tube Drive, Fort Worth, Texas, 76053

Listed by TEXAS ALLIANCE REAL ESTATE, Sarfaraz Hansraj, 469-569-1420
$4,800,000
48,000 Sqft
3.68 Acres
99 bd
0 ba
#21428917
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 2026. 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 12 Units, 5 shovel-ready lots, approved site plan, building plans, builder quote. ** 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 to go vertical. With all 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.

PROPERTY FEATURES

  • 32 Unit(s)
  • Utilities : All Weather Road,City Sewer,City Water
  • Parking Features: Additional Parking,Common,Parking Lot
  • 92 Parking Space(s)
  • Lot Features : Composition
  • Cooling: Central Air,Electric
  • Heating : Central,Electric
  • Construction Materials: Brick,Frame,Siding
  • Foundation Details: Slab
  • Interior Features: Cable TV Available,Decorative Lighting,Eat-in Kitchen,Granite Counters,Kitchen Island,Open Floorplan,Pantry,Walk-In Closet(s)
  • Appliances : Dishwasher,Disposal,Electric Range,Microwave
  • Flooring : Carpet,Luxury Vinyl Plank
  • Levels : Two
  • Green Verification Count : 0
PROPERTY DETAILS
ID: 21428917
Status: Active
Price: $4,800,000
Acres: 3.68 Acres
Price Per Acre: $1,304,348
Type: Multi-family
Address: 10520 Tube Drive
City, State: Fort Worth, Texas
County: Tarrant
Zip Code: 76053
Lat/Long: 32.810733, -97.140147
Presented By: Sarfaraz Hansraj
Phone: 469-569-1420
Email: Click to Contact