4926 Flamingo Rd, Fort Worth, TX, 76119
About This Home
This exceptional quadruplex is a standout investment opportunity and a valuable addition to any portfolio. The property features four separate units, each offering 2 bedrooms, 1 full bath, and 1 half bath, providing strong rental appeal and long-term income potential. Each unit spans approximately 780 sq. ft., with current rents at $1,120 per month and projected market rents averaging around $1,400 per month, creating immediate upside for investors. Conveniently located near public transportation, shopping, and dining, the property attracts tenants seeking both comfort and convenience. Approved for Section 8 and professionally managed by an experienced property management company with excellent tenant relationships, this investment offers a smooth, hassle-free ownership experience. Investors can benefit from steady cash flow, future rent growth, and long-term appreciation potential. Don’t miss the opportunity to add this thriving income-producing property to your investment portfolio!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1986
Materials
- Foundation: Slab
- Roof: Composition
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex,Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Microwave
Features
- High Speed Internet,Cable TV
- Flooring: Tile
Heating & Cooling
- Heating features: Electric
- Cooling features: Electric
Interior Area
- Total structure area: 3,120
- Total interior livable area: 3,120 sqft
Property
Details
- Parcel number: 05843200
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Covered
Lot
- Lot size: 9,060 sqft
Parking
- Total spaces: 4
- Parking features: Parking Lot
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Heat Wave
- Tornado
- Cold Wave
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,265 | $27,180 |
| Home Insurance * | $498 | $5,976 |
| Property Taxes | $798 | $9,576 |
| Electricity | $342 | $4,111 |
| Total | $3,903 | $46,836 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-11 | Contingent | $448,000 |
| 2026-05-28 | Listed for sale | $448,000 |
| 2024-04-18 | Sold | -- |
| 2024-04-01 | Pending sale | $487,000 |
| 2024-03-11 | Price change | $487,000 |
| 2024-03-07 | Price change | $492,000 |
| 2024-02-20 | Price change | $495,000 |
| 2024-01-16 | Listed for sale | $525,000 |
| 2023-07-28 | Sold | -- |
| 2023-07-07 | Pending sale | $425,000 |
| 2023-06-22 | Contingent | $425,000 |
| 2023-06-08 | Listed for sale | $425,000 |
| 2023-05-30 | Contingent | $425,000 |
| 2023-05-18 | Price change | $425,000 |
| 2023-04-19 | Price change | $449,000 |
| 2023-03-31 | Listed for sale | $485,000 |
| 2018-07-30 | Listing removed | $300,000 |
| 2018-07-12 | Pending sale | $300,000 |
| 2018-07-12 | Listed for sale | $300,000 |
| 2009-06-01 | Listing removed | $174,900 |
| 2009-03-17 | Listed for sale | $174,900 |
For Sale by Agent
View on Zillow