2265 Evans, Fort Worth, TX 76104
Local realty services provided by:Better Homes and Gardens Real Estate The Bell Group
Listed by:nir sheinbein858-539-5219
Office:texas ally real estate group
MLS#:21066950
Source:GDAR
Price summary
- Price:$249,999
- Price per sq. ft.:$73.31
About this home
Welcome to Riata Apartments, a rare multi-family investment opportunity in Fort Worth! This 5-unit property offers a total of 3,400 SQFT and is priced at only $199K, giving savvy investors the chance to acquire a true value-add project with exceptional upside potential.
The property includes five unique units:
Unit I 1 bed 1 bath
Unit G – Studio
Unit H – 2 bed 1 bath
Unit M – 2 bed 1 bath
Unit N – 4 bed 2 bath
This diverse unit mix allows for multiple rental strategies and broad tenant appeal, from single professionals and couples to families seeking more space. Once renovated, Riata Apartments could generate strong, stable income across a variety of lease structures.
All units require a full renovation, including flooring, kitchens, bathrooms, paint, roof, electrical, plumbing, and appliances. While the property is currently in rough condition, it represents the perfect blank canvas for investors with vision. With the right rehab plan, Riata Apartments can be transformed into a modern, attractive multi-family community positioned to serve the strong rental demand in Fort Worth.
The surrounding area continues to see robust population and job growth, making affordable rentals a sought-after commodity. At this price point, the cost per square foot and per unit is well below market averages, leaving plenty of room for value-add improvements and long-term equity growth.
Bring your contractor and your creativity—this is not just a property, it’s a business opportunity. Whether your goal is buy-and-hold for cash flow, reposition and refinance, or renovate and resell, Riata Apartments offers the framework for exceptional returns in one of Texas’ most dynamic rental markets.
Contact an agent
Home facts
- Year built:1934
- Listing ID #:21066950
- Added:1 day(s) ago
- Updated:September 23, 2025 at 12:53 AM
Rooms and interior
- Living area:3,410 sq. ft.
Heating and cooling
- Cooling:Multi Units
- Heating:Central
Structure and exterior
- Year built:1934
- Building area:3,410 sq. ft.
- Lot area:0.16 Acres
Schools
- High school:Polytechni
- Middle school:Morningsid
- Elementary school:Carrollpea
Finances and disclosures
- Price:$249,999
- Price per sq. ft.:$73.31
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated September 23, 2025 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate The Bell Group.New listings near 2265 Evans
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