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1804 Lipscomb Street
About This Property
This 3-bedroom, 2-bath home in the Fairmount Historic District is a solid, move-in ready canvas waiting for someone with personal style. The living room, dining room, and kitchen each offer good space and a comfortable layout - the kind of starting point that's easy to personalize over time without a major overhaul.
The front of the home already has genuine charm: restored columns frame a full-width covered porch perfect for evening visits with neighbors, and a classic picket fence lines the front yard. It's an honest house in one of Fort Worth's most beloved walkable neighborhoods, priced for a buyer who wants to settle in and gradually put their own stamp on it.
Close to the restaurants and shops on Magnolia Avenue, the Cultural District, and everything that makes Fairmount one of the city's most sought-after historic districts.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2026 | Sold | ||
| Sold | |||
| May 28, 2026 | In contract | - | |
| In contract | |||
| May 18, 2026 | Listed by League Real Estate | $343,000 | |
| Listed by League Real Estate | |||
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About Fairmount
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017