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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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7500 Chapin Rd , Fort Worth, TX 76116
$619,900
Est. Payment: $3,191.51/mo
8 Bed
8 Bath
4298 Sqft
Status: active | Days on site: 20
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Exceptional investment opportunity in a fast-growing area of Fort Worth with 3 occupied units. Discover a turnkey, solid income-producing fourplex featuring four spacious, two-story townhome-style units—each offering 1,075 square feet of living space with 2 bedrooms and 1.5 bathrooms. All units are fully updated, occupant-ready, and feature no carpet throughout. Kitchens are equipped with granite countertops, ample storage cabinetry, and subway tile backsplashes, while updated bathrooms showcase granite vanity tops, new toilets, fresh paint, and modern flooring. Each unit features open living spaces with charming fireplaces, durable laminate flooring, updated fixtures, a convenient downstairs guest half-bath, and dedicated washer and dryer hookups. Occupants enjoy private, fully fenced backyard courtyards, access to covered carport parking, and additional uncovered guest spots. Strategically positioned just off Camp Bowie, this asset offers seamless commutes to Downtown Fort Worth, local dining, shopping, and major regional employers like Lockheed Martin and the NAS Joint Reserve Base. Low deferred maintenance is highlighted by a roof replacement (2018), new perimeter fencing (July 2022), newer water heaters (Unit B 2021, Unit C 2025), updated AC ducting (Unit D 2022), and a replacement refrigerator (Unit C 2021). Occupants pay their own electric bills with an established $80 a month per unit bill-back for water and trash. (Note: Photos depict Unit D; Unit C features identical updates.) Unit A and B were updated in 2025 and 2026. 3 units are currently occupied and 1 is vacant for showings and potential owner occupancy. Call for more details or to book a showing.

Highlights

Listed by Jenna Harris , Property Rights Advocacy Group , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
0.28

Year Built

1984

County

Tarrant

Neighborhood

Highland Homes Add

School District

Fort Worth ISD

Listing ID

21348482

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:8
  • Full Bathrooms:8
Appliances:Dishwasher, Disposal, Electric Range, Refrigerator, Vented Exhaust Fan
Air Cond:Ceiling Fan(s),Central Air,Electric
Fireplaces:Brick
Floor:Laminate
Other:
  • Additional:Built-in Features, Granite Counters

Exterior Features

Garage Capacity:8
Roof:Composition,Shingle
Others:
  • Additional:Courtyard, Private Yard, Preowned
Parking Features:Additional Parking,Carport,Covered
Principal Interest
$3,192
Taxes
$737

Home Price

$619,900

Loan Details

30 yrs
6.674%

Down Payment

20%
$123,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,191.51

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,191.51 $737.00 $0.00 $3,928.51
Yearly $38,298.17 $8,844.00 $0.00 $47,142.17
Total $1,148,945.19 $265,320.00 $0.00 $1,414,265.19

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Fort Worth, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

© 2026 North Texas Real Estate Information Systems