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Listing provided courtesy of JPAR Dallas- MLS# 21258173MLS ProviderContact Information: Shokor Jawshan - 972-836-9295

5401 Ledgestone DriveFort Worth, TX 76132

Multi-Family · 5 Beds · 4 Full Baths · 3,504 Sq. ft. | 0.41 Acres
$649,700 Active

5401 Ledgestone Drive Overview

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Fully occupied, revenue-producing all-brick Corner-Lot Duplex with long-term tenants in place. This attached full duplex includes 5401 Ledgestone Dr., Fort Worth and 4833 South Dr. W, Fort Worth, with each unit facing a different street. The listed price includes both units combined. 4833 South Dr. W is a 3 Bedroom 2 Bath, with a 2 Car Garage. 5401 Ledgestone is a 2 Bedroom 2 Bath, with a 2 Car Garage. Located just one street from a major shopping district, this property offers rare walkability in Fort Worth, giving residents convenient access to nearby retail, dining, and daily necessities without relying heavily on a car. Situated on a huge 0.405-acre corner lot, the property offers the luxury of a wrap-around backyard, and a paved area for guest parking. A well-maintained lawn, sprinkler system, and outstanding curb appeal. Interior updates include remodeled flooring, kitchens, and bathrooms, giving the units a clean, elevated feel while maintaining the practical layout tenants want. With existing long-term tenants, strong location fundamentals, and two income-producing units on one parcel, this is a solid opportunity for an investor seeking immediate rental income in a desirable area.

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5401 Ledgestone Drive Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,504
  • Price/Sq.ft. $185
  • Lot 0.41 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Crowley ISD
  • Elementary School: Crowley
  • Middle Or Junior School: Crowley
  • High School: North Crowley

Income/Expenses

  • Gross Income: 52800.0
  • Insurance Expense: 3500.0
  • Net Operating Income: 39040.0
  • Operating Expense Includes: Maintenance

Building Information

  • Year Built: 1985
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Tarrant
  • Postal City: FORT WORTH
  • Subdivision Name: Overton South Add

Tax Information

  • Tax Annual Amount: 11110.0

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
  • Parcel Number: 02099489
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage Spaces: 4.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Total: 4
  • Bedrooms Total: 5

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 3504.0

General Information

  • Appliances: Dishwasher,Electric Oven,Disposal,Refrigerator
  • Basement: No
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Flooring: Ceramic Tile,Laminate
  • Foundation Details: Slab
  • Interior Features: Built-in Features,Eat-in Kitchen,Granite Counters,High Speed Internet,Open Floorplan,Pantry,Cable TV
  • Levels: One
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Concrete
  • Parking Total: 4.0

Lot Information

  • Lot Features: Acreage,Corner Lot,Landscaped,Sprinkler System
  • Lot Size Acres: 0.405
  • Lot Size Area: 0.405
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 17641.8
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Construction Materials: Brick
  • Patio And Porch Features: Covered,Enclosed,Front Porch,Patio
  • Roof: Shingle

General Information

  • Exterior Features: Private Yard
  • Fencing: Back Yard,Fenced,Privacy
  • Number Of Units Total: 2
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available,Cable Available

Unit Information

Unit 1 Details

  • Unit Type: 2 Bedroom
  • Units Total: 1

Unit 2 Details

  • Unit Type: 3 Bedroom
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5401 Ledgestone Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5401 Ledgestone Drive Market Data

Based on the last 30 days in this zip code

$825,144
Average List Price
$267
Average Price per Square Foot
16
Properties Sold
78
Average Days on Market
83
Properties for Sale
Calculations provided by Reliance Network


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