For sale · House · Active

7504 Chapin Road

7504 Chapin Road · Fort Worth, TX 76116

$650,000

LIRIX / PHOTOS

A CLOSER LOOK

See the spaces. Picture the possibilities.

Lirix Tour ↗

8Bedrooms

6Bathrooms

—Living area (units not supplied)

HouseHome type

A closer look.

Unlock the potential of this 4-unit income property located at 7504 Chapin Dr, Fort Worth, TX 76116. Currently operating at approximately 75% occupancy, this property presents an opportunity for an investor to acquire an income-producing asset with potential to increase revenue through improved occupancy and management. The property features four individual units, offering the benefits of multifamily ownership while spreading rental income across multiple tenants. With three-quarters of the units currently occupied, an investor has an opportunity to stabilize the remaining vacancy and potentially enhance the property's overall cash flow. Located in Fort Worth, the property provides convenient access to major roadways, employment centers, shopping, dining, and other area amenities. Whether you're looking to add to an existing rental portfolio or seeking a multifamily investment with additional upside, 7504 Chapin Dr offers a combination of current rental income and value-add potential.

Listing ID: 21389114 · Targetcost Realty · Updated 2026-09-17T22:11:19.030-00:00

View location on map View in browser Open virtual tour

Property details

Listing agent

Name: Ikay Aburime
MLS agent ID: 0489252

The listing agent and brokerage represent this listing. Lirix handles inquiries submitted on this site.

Listing activity

Original asking price: $650,000
Cumulative days listed: 0
Listing date: Sep 17, 2026
Price change date: Sep 17, 2026

Current versus original asking price is not a complete price history. Cumulative days may span listing periods.

Home and lot

Year built: 1984
Subdivision: Highland Homes Add
Lot size: 0.284 acres
Parking: Alley Access
Carport
Pool features: None
Fireplace: Yes
Fireplaces: 1

Amenities and utilities

Heating: Electric
Cooling: Central Air
Ceiling Fan(s)
Electric
Appliances: Dishwasher
Electric Range
Electric Water Heater
Disposal
Refrigerator
Interior: Other
Utilities: Sewer Available
Water Available

Listed schools

Elementary: Luellamerr
Middle / junior high: Leonard
High school: Westn Hill
District: Fort Worth ISD

Schools are reported by the listing source. Verify attendance boundaries and enrollment directly with the district; no ratings or guaranteed assignment are provided.

THE AREA IN NUMBERS

Local market snapshot

Fort Worth, TX · Property ZIP 76116

Typical home value

$296,101

-0.1% year over year

ZIP 76116 · Single-family homes

Aug 2026

Typical monthly rent

$1,239

ZIP 76116 · All homes plus multifamily

Aug 2026

Explore home value history

Typical single-family home values for ZIP 76116. Smoothed and seasonally adjusted. Chart range: $296,044–$306,740.

Monthly home value index · ZIP 76116
Month	Typical home value
Sep 2024	$306,740
Oct 2024	$306,579
Nov 2024	$306,276
Dec 2024	$305,800
Jan 2025	$305,064
Feb 2025	$303,992
Mar 2025	$302,658
Apr 2025	$301,284
May 2025	$299,803
Jun 2025	$298,197
Jul 2025	$296,971
Aug 2025	$296,311
Sep 2025	$296,363
Oct 2025	$296,597
Nov 2025	$297,181
Dec 2025	$297,784
Jan 2026	$298,209
Feb 2026	$298,434
Mar 2026	$298,314
Apr 2026	$298,009
May 2026	$297,370
Jun 2026	$296,672
Jul 2026	$296,044
Aug 2026	$296,101

Dallas–Fort Worth market context

Homes for sale

37,227 homes

Dallas–Fort Worth · Single-family homes and condos/co-ops

Aug 2026

Median days to pending

34 days

Dallas–Fort Worth · Single-family homes and condos/co-ops

Aug 2026

Source: Zillow Research. Regional statistics are not this home’s Zestimate, appraisal or sold price. Inventory counts homes listed during the month; days to pending excludes the closing period.

PLAN YOUR POSSIBILITIES

See the path to paid off.

Purchase price ($)Down payment (%)Annual interest rate (%)Loan term

—/ month · principal & interest

Loan amount: —
Total interest: —
Total repayment: —

Illustrative fixed-rate estimate, principal and interest only. The 6.5% starting rate is an example, not a current lender quote. Taxes, insurance, HOA fees, PMI and closing costs are excluded. Not a loan offer. Final payment may vary for rounding.

View amortization schedule