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2517 Glencrest Dr, Fort Worth, TX, 76119

5beds
5baths
2,053sqft
$149,900
$73price/sqft
$1,353/moest. monthly cost
$54,120/yrincome needed

About This Home

ATTENTION AGENTS & BROKERS - Now offered at an improved price point, this Fort Worth property awaits a visionary transformation. Presently structured as a 5-Plex, it carries a clear directive from the City of Fort Worth: conversion back to its original single-family use. This requirement, however, unveils immense potential for value creation and specialized housing solutions. Consider the compelling possibilities: once thoughtfully converted, this property could become an outstanding co-living residence, offering private, self-contained living spaces within a communal home. It is also ideally suited for student housing, providing comfortable and independent living arrangements, or for a group home requiring multiple private living areas. The ideal configuration involves crafting three or four generously sized bedrooms, each boasting a dedicated en-suite bathroom, a highly sought-after feature that will maximize appeal and rental income. This property is not merely a renovation project; it is an opportunity to reposition a structure for significant future returns.This home was converted to a 5-Plex and MUST be converted back to its highest & best use as single family, per the City of Fort Worth. The property offers investors a versatile opportunity with significant upside, ideal for a group home, a generational home, or student housing once converted. Situated on a spacious lot with mature trees, the structure is primed for conversion back into a single-family home, making it ideal for those looking to maximize value through redevelopment. Located in a well-established neighborhood with easy access to schools, shopping, and major transit routes, this property combines convenience with long-term potential. Whether you are looking to create a standout single-family home or explore other possibilities, this property delivers flexibility and opportunity.

Getting Around

7
WalkingCar-Dependent
36
TransitSome Transit
20
BikeSomewhat Bikeable

Schools

3/10
Forest Oak Middle SchoolGrades 6-81.1 mi
1/10
O D Wyatt High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1940

Materials

  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other,Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Open Floorplan
  • Flooring: Vinyl

Heating & Cooling

  • Heating features: Electric,Wall Furnace
  • Cooling features: Window Unit(s)

Interior Area

  • Total interior livable area: 2,053 sqft

Property

Details

  • Parcel number: 01043811
  • Attached to another structure: Yes

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Fencing: Back Yard,Wood

Lot

  • Lot size: 9,583 sqft
  • Features: Back Yard,Interior Lot,Lawn

Parking

  • Parking features: Driveway