1106 NW 15th St
1106 NW 15th St — Fort Worth, TX 76164
A finish-and-flip where someone else already paid for the hard part.
3,964 square feet, 4 bed / 4 bath, two stories, built 1937, on a 7,000 sqft lot in the Northside — a short drive from the Fort Worth Stockyards and downtown. The kitchen is done: navy shaker cabinets, butcher block counters, subway tile, stainless appliances. Hardwood floors run through the main living areas. The baths are refinished. A black steel staircase anchors the center of the house. The backyard is fenced, level and landscaped.
Your scope of work
One room is still at bare drywall and needs to be finished out. Everything else is cosmetic touch-up and punch list. All utilities are connected and tapped. Budget roughly $25,000 to $35,000 to take it to retail-ready and verify for yourself on a walkthrough.
The spread
| Purchase | $350,000 |
| Finish-out and punch list | ~$30,000 |
| Closing, holding and resale costs | ~$40,000 |
| All-in | ~$420,000 |
| Conservative resale | $490,000 |
| Projected profit | ~$70,000 |
That is roughly a 17% return on cost at the conservative end of the comp range. Run your own numbers — these are estimates, not a guarantee.
Where $490,000 comes from
Renovated homes of this size and vintage within one mile have sold between $124 and $165 per square foot. The nearest and closest match, 1701 Lee Ave at half a mile — 4 bed / 3.5 bath, 3,500 sqft — sold for $555,000, or $158.57 per foot. 2225 N Main St sold at full list in 8 days for $164.71 per foot.
The $490,000 figure deliberately uses the bottom of that range ($124/sqft), matching the two most recent sales on the board. At the midpoint this property resells closer to $565,000. You are buying at $88.29 per square foot.
Know the risk before you offer
Days on market in this pocket swing hard. 2225 N Main sold in 8 days at full list. 1426 N Main took 247 days. Price it right on the way out and make sure your holding costs can absorb a slow spring.
Zoning
The property is zoned A-5 One-Family and is being sold and priced as a single-family residence. Despite the 4 bed / 4 bath layout, do not underwrite this as a multifamily or rental-unit play. Buyer to confirm zoning and permitted use directly with the City of Fort Worth.
Terms: Cash or hard money. Quick close. Sold as-is. Buyer to verify all measurements, square footage, zoning, permitted use and condition.
Comparables are NTREIS MLS sold data via Propelio, within one mile, five-year lookback, pulled 10/14/2026. Property facts from Tarrant County public record. Profit figures are estimates for illustration and are not a representation of actual returns.
| Property Type | Single-Family |
| Status | Available |
| Asking Price | $350,000 |
| ARV | $490,000 |
| Year Built | 1937 |
| Location | 1106 NW 15th St, Fort Worth, TX 76164 |
| Comp Address | Bd | Ba | Sqft | Sold | $/Sqft | Sold Date | Dist |
|---|---|---|---|---|---|---|---|
| 1701 Lee Ave, Fort Worth TX SOLD (NTREIS #20154922). 1910 build on 0.16 ac. $158.57/sqft. Nearest comp by distance and the closest match in the set on size, bed and bath count - this is the resale template for this property. | 4 | 3.5 | 3,500 | $555,000 | $159 | Dec 2022 | 0.50 mi |
| 2225 N Main St, Fort Worth TX SOLD (NTREIS #20420200). 1910 build. $164.71/sqft - sold at full list price in 8 days. Top of the renovated band and proof the pocket moves fast when the finish is right. | - | - | 4,250 | $700,000 | $165 | Nov 2023 | 0.96 mi |
| 1426 N Main St, Fort Worth TX SOLD (NTREIS #20584896). 1909 build. $124.26/sqft. Listed $575k and took 247 days - the cautionary comp on exit pricing. | - | - | 4,000 | $497,040 | $124 | Jan 2025 | 0.79 mi |
| 2225 N Houston St, Fort Worth TX SOLD (NTREIS #21042415). 1938 build on 0.27 ac. $123.73/sqft, 60 days on market. Larger multi-unit configuration, included as the most recent sale and the conservative floor on price per foot. | 10 | 6.0 | 4,316 | $534,000 | $124 | Dec 2025 | 0.93 mi |
Fort Worth, TX 76164