$100,000 | Unique Redevelopment Opportunity

Explore the potential of this city-owned property located in one of Fort Worth’s most iconic neighborhoods. This 4-bedroom, 3-bathroom home offers 2,336 sq. ft. of living space on an 8,232 sq. ft. lot. Ideal for redevelopment, this property comes with specific conditions and restrictions set by the City of Fort Worth, making it a unique investment opportunity.

Property Highlights:

  • Redevelopment Requirements:
    • Located in a City Flood Risk Area (CFRA) (non-FEMA flood zone).
    • Must be raised 2 feet above the base flood grade or demolished.
    • If demolished, the property must become green space or be rebuilt per city elevation and drainage easement requirements.
  • Selling Conditions:
    • Sold “AS-IS” with no seller’s disclosure provided.
    • Must be marketed for a minimum of 90 days, with offers due by February 28, 2025.
    • Highest cash offer will be accepted, pending Fort Worth City Council approval in a public meeting.
  • Access Requirements:
    • Property tours are available on Tuesdays, subject to listing agent availability.
    • A signed Waiver, Release, and Indemnity Agreement is required 24 hours prior to touring.

Additional Details:

  • Price: $100,000
  • Address: 2212 Carleton Ave, Fort Worth, TX 76107
  • Size: 2,336 sq. ft.
  • Lot Size: 8,232 sq. ft.
  • Bedrooms: 4
  • Bathrooms: 3

Important Notes:

Contact the listing agent or your own agent for a copy of the city’s project summary and additional information. For further project details, scan the QR code provided in the listing photos.

Don’t miss this rare opportunity to invest in Central Arlington Heights. Submit your highest cash offer before the deadline and make your vision for this property a reality! If you’re interested in learning more about this unique property, please contact the listing agent through the Zillow link provided below the photos.

Listed on Zillow

Facebook Comments Box

Similar Posts