Investor Special in a Prime Fort Worth Location – 1116 Terrace Ave, Fort Worth, TX 76164
Great opportunity for investors looking for their next project! This property offers approximately 1,368 square feet, featuring 4 bedrooms and 2.5 bathrooms, with the garage converted into a fourth bedroom. Whether you're looking for your next flip, rental property, or long-term investment, this property offers plenty of potential.
Conveniently located just minutes from Downtown Fort Worth, the historic Fort Worth Stockyards, and the Cultural District, this property offers easy access to some of Fort Worth's most popular destinations, dining, entertainment, and local attractions.
With the ongoing Trinity River Vision and surrounding development initiatives, this location may offer additional long-term investment appeal. Bring your vision, explore the possibilities, and make this property your next investment opportunity!
Property is being sold AS-IS. Ideal for investors, flippers, and buyers looking to add value and build equity. Don't miss this opportunity to invest in Fort Worth real estate!
For sale
$160,000
1116 Terrace Ave, Fort Worth, TX 76164
4beds
1,368sqft
Single Family Residence
Built in 1961
6,011 Square Feet Lot
$155,700 Zestimate®
$117/sqft
$-- HOA
What's special
- 11 days
- 523
- 38
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
John Alvarez 0680773 817-691-5348,
REKonnection, LLC 972-914-0989
Source: NTREIS,MLS#: 21424081
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 1 x 1
Bedroom
- Level: First
- Dimensions: 1 x 1
Bedroom
- Level: First
- Dimensions: 1 x 1
Bedroom
- Level: First
- Dimensions: 1 x 1
Dining room
- Level: First
- Dimensions: 1 x 1
Living room
- Level: First
- Dimensions: 1 x 1
Heating
- Central, Natural Gas
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Electric Range
Features
- Decorative/Designer Lighting Fixtures
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,368 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 6,011 Square Feet
Details
- Parcel number: 01917005
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Condition
- Resale
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Community & HOA
Community
- Subdivision: North Fort Worth
HOA
- Has HOA: No
Location
- Region: Fort Worth
Financial & listing details
- Price per square foot: $117/sqft
- Tax assessed value: $185,084
- Annual tax amount: $4,052
- Date on market: 10/29/2026
- Cumulative days on market: 12 days
- Listing terms: Cash,Other
Estimated market value
$155,700
$148,000 - $163,000
$1,792/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2026 | Listed for sale | $160,000$117/sqft |
Source: NTREIS #21424081 Report a problem | ||
| 10/19/2026 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,052 -2.4% | $185,084 |
| 2024 | $4,153 -8.7% | $185,084 -8% |
| 2023 | $4,550 +74% | $201,094 +99.9% |
| 2022 | $2,615 -4% | $100,590 -0.7% |
| 2021 | $2,724 +5% | $101,340 +7.1% |
| 2020 | $2,595 +2.8% | $94,584 -0.8% |
| 2019 | $2,523 +8.3% | $95,334 +12.6% |
| 2018 | $2,330 +32% | $84,699 +33.6% |
| 2017 | $1,765 +9.9% | $63,393 +11.8% |
| 2016 | $1,607 -18.1% | $56,725 -17.9% |
| 2015 | $1,961 | $69,100 |
| 2014 | $1,961 | $69,100 |
| 2013 | -- | $69,100 +0.1% |
| 2012 | -- | $69,000 |
| 2011 | -- | $69,000 -0.6% |
| 2010 | -- | $69,400 -6.7% |
| 2009 | -- | $74,400 -1.3% |
| 2008 | -- | $75,400 -6.8% |
| 2007 | -- | $80,900 +28.6% |
| 2006 | -- | $62,900 -44.4% |
| 2005 | -- | $113,200 +53.8% |
| 2004 | -- | $73,600 |
| 2003 | -- | $73,600 +60% |
| 2002 | -- | $46,000 +23% |
| 2001 | -- | $37,400 +17.2% |
| 2000 | -- | $31,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 76164
Nearby schools
Schools provided by the listing agent
- Elementary: Mendoza
- Middle: Elder
- High: Northside
- District: Fort Worth ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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