Prime Development Opportunity:

1.2-Acre Lot in Fort Worth, TX

Discover a prime investment opportunity at 4229J Avenue N, Fort Worth, TX 76105. This expansive 1.2-acre lot (55,016 sqft) offers the potential for developers to subdivide, perfect for building modern homes in a growing area. With its strategic location and ample space, this property is ideal for those looking to capitalize on Fort Worth’s booming real estate market. Don’t miss your chance to shape the future of this vibrant community!

Financials

*The financial estimates for this property are based on assumptions and may vary. Actual results could be higher or lower.

Offer Submission Requirements

Local Amenities

Proximity to quality schools: The Fort Worth Independent School District serves the 76105 area, with schools like Rosemont Elementary and Rosemont Middle School.

Access to parks and recreation: The neighborhood is near Sycamore Park and Sycamore Creek, providing green spaces and outdoor activities.

Shopping and dining options: The area has a mix of local businesses and national retailers along East Rosedale Street and Evans Avenue.

Transportation access: The neighborhood is well-connected to major roads like Interstate 35W and has access to public transportation options

Local Initiatives

Full-Strength Fort Worth Initiative: 

The Full-Strength Fort Worth Initiative aims to revitalize economically disadvantaged neighborhoods in Fort Worth, addressing historical disinvestment and promoting equitable growth. The initiative focuses on key commercial corridors, encouraging public and private investments to create vibrant communities where all residents can thrive. It emphasizes a customized approach to development, tailoring strategies to the unique characteristics and needs of each neighborhood. The initiative includes a Revitalization Toolkit, which provides flexible tools for community-led revitalization plans, aiming for long-term economic vitality and resilience. The city has partnered with Main Street America to support local economic development and has initiated pilot programs in selected districts to implement these strategies effectively
 
 

Stop Six Choice Initiative: 

The Stop Six Choice Neighborhood Initiative is a transformative community project designed to replace the former Cavile Place public housing with mixed-income rental residences. Funded by a $35 million HUD grant, the initiative focuses on creating a vibrant, safe neighborhood with access to essential services such as education and healthcare. The plan includes developing a neighborhood hub that integrates recreational and educational facilities, commercial spaces, and services aimed at economic support. Community engagement has been central to the initiative, with residents actively participating in shaping the vision through workshops and discussions
 
 

Downtown Fort Worth 2025 Master Plan: 

The Downtown Fort Worth 2025 Master Plan envisions a more walkable downtown area with increased housing options and public spaces. It aims to enhance the urban environment by promoting mixed-use developments that integrate residential, commercial, and recreational spaces. The plan emphasizes sustainability and accessibility, seeking to create a vibrant downtown that attracts residents and visitors alike. Key components include improving public transportation, expanding green spaces, and fostering community engagement in the planning process
 

Zoning Information

Property development standards.

In the one-family (“A-5”) district, the minimum dimension of lots and yards and the height of buildings shall be as shown in the accompanying table.

 

One-Family (“A-5”) District
One-Family (“A-5”) District
Lot area
5,000 square feet minimum see Chapter 6, Development Standards, § 6.501 Lot Area not served by Sanitary Sewer and Chapter 7, Nonconformities, § 7.106 Nonconforming Lot of Record
Lot width
50 feet minimum at building line
Lot coverage
50% maximum
Front yard*
20 feet minimum (local street) 15 feet minimum (limited local street)
Rear yard
5 feet minimum
Side yard*
5 feet minimum
   Interior lot
10 feet minimum adjacent to side street and
   Corner lot**
5 feet minimum for interior lot line
Height
35 feet maximum (see Chapter 6, Development Standards, § 6.100, Height)
Notes:
*   See Chapter 6, Development Standards, § 6.101(d), Yards for front yard setback requirements.
**   May be subject to projected front yard (§ 6.101(f)).
  (d)   Other development standards. Development in the one-family (“A-5”) district may be subject to a variety of general development standards in Chapter 6, and the following provisions.
 
      (1)   Signs. On-premises signs subject to the following:
 
         a.   An unilluminated nameplate bearing the family name of the occupants residing in the residence not to exceed one square foot in area; and
 
         b.   An unilluminated sign for those uses allowed that are not residential. The sign shall not exceed 30 square feet in area, shall be no higher than six feet above grade and shall be placed a minimum of ten feet behind the property line. Such sign shall not be placed within 20 feet of drives providing ingress and egress to the property.
 
      (2)   Parking. Two spaces located behind the front building wall for dwelling units with three or fewer bedrooms, plus one space located behind the front building wall or in the driveway for each bedroom above three. For nonresidential uses, see Chapter 6, Development Standards, Article 2, Off-Street Parking and Loading, § 6.200.
 
      (3)   Residential design standards. See Chapter 6, Development Standards, § 6.507, Single-Family Residential Design Standards.
 
      (4)   Landscaping and buffers. Nonresidential uses may require landscaping or buffers. See Chapter 6 Development Standards, Article 3 Landscaping, Buffers and Urban Forestry, § 6.300.
 
      (5)   Access through residential districts. See Chapter 6, Development Standards, § 6.500 Access through Residential Districts.
 
      (6)   Reconstruction of nonconforming accessory buildings. A nonconforming accessory building that is damaged by fire, the elements, or other cause beyond the control of the owner may be repaired or reconstructed in the same rear and side yard setbacks provided the construction is limited to the identical footprint (replacement of the foundation is allowed); the building is the same design, height and roof pitch (use of different material is allowed) and the owner or an agent obtains a building permit to repair the structure within six months after the damage date. The owner shall have the burden of proof to establish the damage date.
 
      (7)   Garage/carport. No more than one garage and one carport or porte cochere shall be allowed per residential unit on a single residential lot, unless the additional garages or porte cocheres are an integral part of the main residential structure with the same roofline and driveway as the residential structure.
 
      (8)   Side and rear yard setbacks. The side and rear yard setback for detached garages located behind the rear wall of the house may be reduced to three feet. The side yard of an attached garage may be located within three feet of the property line when located a minimum of 18 feet back of the front wall of the house.
 
(Ord. 20159-04-2012, § 1 (Exh. A), passed 4-3-2012; Ord. 21528-11-2014, § 1, passed 11-11-2014)

Comparables

There are 8 comparable land sales in the subject neighborhood within the past twelve months ranging in sale price from $9/sq. ft.  to  $11/sq. ft.

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