For sale · House · Active

1116 Terrace Avenue

1116 Terrace Avenue · Fort Worth, TX 76164

$160,000

LIRIX / PHOTOS

A CLOSER LOOK

See the spaces. Picture the possibilities.

Lirix Tour ↗

4Bedrooms

2.5Bathrooms

1,368Living area (units not supplied)

HouseHome type

A closer look.

Investor Special in a Prime Fort Worth Location – 1116 Terrace Ave, Fort Worth, TX 76164 Great opportunity for investors looking for their next project! This property offers approximately 1,368 square feet, featuring 4 bedrooms and 2.5 bathrooms, with the garage converted into a fourth bedroom. Whether you're looking for your next flip, rental property, or long-term investment, this property offers plenty of potential. Conveniently located just minutes from Downtown Fort Worth, the historic Fort Worth Stockyards, and the Cultural District, this property offers easy access to some of Fort Worth's most popular destinations, dining, entertainment, and local attractions. With the ongoing Trinity River Vision and surrounding development initiatives, this location may offer additional long-term investment appeal. Bring your vision, explore the possibilities, and make this property your next investment opportunity! Property is being sold AS-IS. Ideal for investors, flippers, and buyers looking to add value and build equity. Don't miss this opportunity to invest in Fort Worth real estate!

Listing ID: 21424081 · REKonnection, LLC · Updated 2026-10-29T23:26:56.590-00:00

View location on map View in browser

Property details

Listing agent

Name: John Alvarez
MLS agent ID: 0680773

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

Listing activity

Original asking price: $160,000
Cumulative days listed: 0
Listing date: Oct 29, 2026

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

Home and lot

Year built: 1961
Subdivision: North Fort Worth
Lot size: 0.138 acres
Parking: Driveway
Pool features: None
Fireplace: No
Fireplaces: 0
Architecture: Detached

Amenities and utilities

Heating: Central
Natural Gas
Cooling: Central Air
Ceiling Fan(s)
Electric
Appliances: Electric Range
Interior: Decorative/Designer Lighting Fixtures
Utilities: Electricity Available
Electricity Connected
Natural Gas Available
Sewer Available
Separate Meters
Water Available

Listed schools

Elementary: Mendoza
Middle / junior high: Elder
High school: Northside
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.

Reported property tax

Reported by the MLS annual tax: $4,052

Tax year is not supplied. This is reported in the listing information, not a current tax quote or market valuation.

THE AREA IN NUMBERS

Local market snapshot

Fort Worth, TX · Property ZIP 76164

Typical home value

$187,429

+0.3% year over year

ZIP 76164 · Single-family homes

Sep 2026

Typical monthly rent

$1,753

ZIP 76164 · All homes plus multifamily

Sep 2026

Explore home value history

Typical single-family home values for ZIP 76164. Smoothed and seasonally adjusted. Chart range: $184,439–$196,843.

Monthly home value index · ZIP 76164
Month	Typical home value
Oct 2024	$196,843
Nov 2024	$196,195
Dec 2024	$196,290
Jan 2025	$196,696
Feb 2025	$196,839
Mar 2025	$195,766
Apr 2025	$193,610
May 2025	$191,440
Jun 2025	$189,673
Jul 2025	$188,810
Aug 2025	$187,806
Sep 2025	$186,808
Oct 2025	$185,440
Nov 2025	$184,439
Dec 2025	$184,584
Jan 2026	$186,201
Feb 2026	$187,955
Mar 2026	$188,437
Apr 2026	$187,372
May 2026	$186,152
Jun 2026	$185,502
Jul 2026	$185,690
Aug 2026	$186,430
Sep 2026	$187,429

Dallas–Fort Worth market context

Homes for sale

36,771 homes

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

Sep 2026

Median days to pending

38 days

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

Sep 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