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$375,000

221 Priddy Ln, Fort Worth, TX, 76114

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,519 Sq Ft
DuplexDuplex
price_per_sqft$246.87 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
FlooringOther

Exterior

Lot Size7,360 sqft

Building Information

Year Built1952
Stories1
Garage Spaces2

Land Information

APN17470--130P-B
Lot Number130P
SubdivisionHassett Gardens Addition
Land UseResidential
Legal DescriptionHASSETT GARDENS ADDITION LOT 130P
Census Tract100700
Assessed Land Value$44,160
Assessed Improvement Value$100,840
Assessment Year2026

About this property

221 & 223 Priddy Lane presents an attractive multifamily investment opportunity, combining 100% occupancy, established rental income, and a desirable urban infill location in Fort Worth's growing River District. Originally constructed in 1952, this income-producing duplex features two spacious 2-bedroom, 1-bathroom units, providing a functional unit mix in an established rental market. Significant capital improvements completed in 2021 include upgrades to the roof, plumbing, HVAC, and electrical systems. Strategically located near the Trinity River and its extensive trail system, residents benefit from convenient access to outdoor recreation, neighborhood dining, retail amenities, and major Fort Worth destinations, including the Cultural District, West 7th, and Downtown. For investors seeking additional scale, the adjacent duplex at 217 & 219 Priddy Lane is also available for purchase. Both properties are under common ownership and may be acquired individually or together, offering the opportunity to acquire four residential units across two contiguous properties while consolidating management and operations. Contact the listing broker for additional financial information, property details, and to discuss this investment opportunity.

Investor Tools

$0Estimated Mortgage Balance
$350,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

Interested in this property?

Ross Utley

League Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$441/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,545
$145,000
2026
$44,160
$100,840
$145,000
No

Tax History

Year
Tax Paid
Assessed Value
2026
$3,545
$145,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$350,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,380/mo
N/A
+$2,380/mo
8.2%

City: Fort Worth