7500 Chapin Rd, Fort Worth, TX 76116

$619,900
8
BD
8
BA

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List Price
$619,900
Status
ACTIVE
MLS#
21348482
Subtype
ResidentialIncome
Construction Status
Preowned
Year Built
1984
Bedrooms
8
Bathrooms
8
Full Baths
8
Lot Size
12,371
Acres
0.28
Subdivision
Highland Homes Add
Building Name
Chapin

Property Description

Exceptional investment opportunity in a fast-growing area of Fort Worth with 3 occupied units. Discover a turnkey, solid income-producing fourplex featuring four spacious, two-story townhome-style units—each offering 1,075 square feet of living space with 2 bedrooms and 1.5 bathrooms. All units are fully updated, occupant-ready, and feature no carpet throughout. Kitchens are equipped with granite countertops, ample storage cabinetry, and subway tile backsplashes, while updated bathrooms showcase granite vanity tops, new toilets, fresh paint, and modern flooring. Each unit features open living spaces with charming fireplaces, durable laminate flooring, updated fixtures, a convenient downstairs guest half-bath, and dedicated washer and dryer hookups. Occupants enjoy private, fully fenced backyard courtyards, access to covered carport parking, and additional uncovered guest spots. Strategically positioned just off Camp Bowie, this asset offers seamless commutes to Downtown Fort Worth, local dining, shopping, and major regional employers like Lockheed Martin and the NAS Joint Reserve Base. Low deferred maintenance is highlighted by a roof replacement (2018), new perimeter fencing (July 2022), newer water heaters (Unit B 2021, Unit C 2025), updated AC ducting (Unit D 2022), and a replacement refrigerator (Unit C 2021). Occupants pay their own electric bills with an established $80 a month per unit bill-back for water and trash. (Note: Photos depict Unit D; Unit C features identical updates.) Unit A and B were updated in 2025 and 2026. 3 units are currently occupied and 1 is vacant for showings and potential owner occupancy. Call for more details or to book a showing.

Additional Information

Amenities
Fireplace
Interior Features
Granite Counters
Exterior Features
Courtyard, Private Yard
Taxes
$8,844
Flooring
Laminate
Appliances
Dishwasher, Electric Range, Disposal, Refrigerator, Vented Exhaust Fan
Heating
Central, Electric
Air Conditioning
Central Air, Ceiling Fan(s), Electric
Exterior Features
Courtyard, Private Yard
Stories
2
Levels
Two
Roof
Composition, Shingle
Foundation
Slab
Parking Features
Additional Parking, Covered, Carport
School District
Fort Worth Isd
Elementary School
Waverlypar
Middle School
Leonard
High School
Westn Hill

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Calculator source: Real Geeks

Listing courtesy of Jenna Harris from Property Rights Advocacy Group. Contact:

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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