TX > Fort Worth > Fort Worth Original Town
Fort Worth, TX 76102,1311 Waterman Street
Fort Worth, TX 76102,1311 Waterman Street
Fort Worth, TX 76102,1311 Waterman Street
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$149,817
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5,009 Sqft Lot
Active

1311 Waterman Street Fort Worth, TX 76102

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Devin Daussat

Devin Daussat

+1(214) 966-9272

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Fort Worth Original Town

MLS Listing ID 20923760

HOA Y/N None

Annual Tax Amount $898

Lot Size 5,009 Sqft

Acres 0.115

Property Sub-Type Unimproved Land

Property Description

Seller Finance Available. The neighboring 1305 Waterman for sale, offering an add 5,000+ square feet. Together, these two lots present a rare opportunity to build high-density multifamily in one of Fort Worth's most rapidly transforming neighborhoods.Uptown FTW—formerly known as Rock Island and part of the historic Samuels Avenue corridor—is undergoing a major redevelopment as part of the Panther Island project. The area has recently been rebranded Uptown Fort Worth on official city maps, signaling a shift toward urban revitalization and increased investor interest.This property is zoned D – High Density Multifamily, intended specifically for dense residential development. With infrastructure improvements planned for 2026 and 2027, this area is primed for significant growth. To learn more about these enhancements, search “Uptown Area Streets Project Meeting” on the City of Fort Worth's YouTube channel. A full survey (completed November 2024) and supporting documentation are available in Transaction Desk. We believe this figure accurately reflects the area's future value, especially given the development expected over the next 18 months. We are not in a rush to sell and are not entertaining offers below this target.Please note: extended option periods and delayed closings raise concerns. Based on our understanding, the city council is not considering zoning changes in this area. The current zoning already allows for high-density multifamily, and no variance is needed.If your offer structure suggests hesitation from your partner or signals a potential assignment strategy, we want to be transparent—our preference is to work with a buyer who shares our long-term vision for Uptown Fort Worth. Otherwise, we're fully prepared to develop the property ourselves once the street improvements are underway.We welcome all inquiries and appreciate your interest.

Location

State TX

County Tarrant

Zoning Purpose and intent. It is the purpose of the high density multifamily ("D") district to provide a specific zone for high density multifamily development

Direction In Uptown Fort Worth.

Exterior

Utilities Available All Weather Road, City Sewer, City Water, Concrete, Curbs

Garage No

Building

Lot Description Interior Lot, Level, Lrg. Backyard Grass, Many Trees

Schools

Elementary Schools Mg Ellis

Middle Schools Riverside

High Schools Carter Riv

School District Fort Worth Isd

Others

Restrictions Agricultural,No Divide

Ownership David Pannell & Liz Padilla

Acceptable Financing 1031 Exchange, All Inclusive Trust Deed, Assumable, Cash, Land Use Fee, Lease Option, Lease Purchase, Owner Carry Second, Owner Will Carry, Private Financing Available, Seller Equity Share, Other

Listing Terms 1031 Exchange, All Inclusive Trust Deed, Assumable, Cash, Land Use Fee, Lease Option, Lease Purchase, Owner Carry Second, Owner Will Carry, Private Financing Available, Seller Equity Share, Other

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20923760

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2025 North Texas Real Estate Information Systems.
Listed by Dave Pannell • Cities

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Devin Daussat

Devin Daussat

Agent | License ID: 0747064

+1(214) 966-9272

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1311 Waterman Street