Premium lot in downtown Fort Worth. Outstanding location just on the edge of Downtown Fort Worth – offering both urban amenities and convenient accessibility. The lot sits within 1 mile of Fort Worth’s Central Business District (Sundance Square, Convention Center, major corporate offices), making it ideal for developments catering to downtown professionals, residents, or visitors.

Prime Location & Accessibility

Outstanding location just on the edge of Downtown Fort Worth – offering both urban amenities and convenient accessibility. The lot sits within 1 mile of Fort Worth’s Central Business District (Sundance Square, Convention Center, major corporate offices), making it ideal for developments catering to downtown professionals, residents, or visitors. Key location highlights include:

• Downtown Proximity: Only about 0.8 miles to Sundance Square and the Convention Center. Enjoy quick access to downtown dining, entertainment, and employment centers.

• Transit & Connectivity: Approximately 0.6 miles to the Fort Worth T&P Station (TRE/TEXRail commuter rail), providing direct rail service to Dallas and DFW International Airport. The site is also near multiple bus routes and the Fort Worth Central Station, enhancing accessibility for workforce and customers.

• Highway Access: Immediate connectivity to I-30 and I-35W – you can be on the freeway within minutes. This central location offers easy drive times across the DFW Metroplex (roughly 30 minutes to DFW Airport).

• Local Amenities: Walking distance or a short drive to numerous restaurants, cafes, and services in downtown and the burgeoning Near Southside district. Sundance Square, West 7th Street corridor, and Magnolia Avenue hotspots are all nearby.

• Nearby Employment & Education: Close to major employers (downtown offices, courthouses, tech hubs) and educational institutions. The planned Texas A&M University urban campus and other downtown education centers are within a few minutes’ drive.

Additionally, the lot is within 1.5–2 miles of Fort Worth’s Medical District, including hospitals like Texas Health Harris Methodist, Cook Children’s, and JPS Hospital. This makes it a strategic location for medical offices or housing that serves healthcare workers and patients. Whether by car, rail, or foot, 1412 Ballinger offers superb connectivity in a downtown setting, enhancing the appeal of any development on the site.

Investment & Market Appeal

Fort Worth’s market momentum adds significant appeal to this offering. As one of the nation’s fastest-growing large cities, Fort Worth is experiencing robust economic and population expansion. In fact, projects announced for the city in 2024 represent roughly $2 billion in new capital investment and 2,500 jobs – a testament to the development boom underway. This surge in growth, coupled with the city’s pro-business climate, has drawn substantial interest from institutional investors seeking opportunities in Fort Worth’s urban core

For developers and investors, 1412 Ballinger St hits the sweet spot of location and timing:

• The property lies in a corridor benefiting from downtown Fort Worth’s revitalization and expansion. Major mixed-use and commercial projects are transforming the surrounding areas, indicating strong upside for nearby parcels.

• Increasing Land Values: Downtown land is increasingly scarce. Tarrant Appraisal District valued this lot at $209,250 in 2023 (up significantly in recent years), reflecting the rapid appreciation in the urban land market. The listing price equates to roughly $32 per square foot, in line with other downtown infill land sales and still competitive given the site’s potential.

• Strong Demand Drivers: Demand for downtown apartments, modern office space, and retail continues to climb as Fort Worth attracts new residents and businesses. The site’s flexibility means you can target whichever use is most in demand – from upscale townhomes or lofts to much-needed service retail or office space. Its proximity to both downtown and the Medical District widens the pool of prospective tenants or end-users (e.g. medical professionals, students, office workers, etc.).

• Growth & Exit Potential: Building here positions you to ride Fort Worth’s upward trajectory. The city’s population and job growth (fueled by corporate relocations and a diversified economy) create confidence in leasing up a new development or reselling at a premium. Fort Worth’s “strong fundamentals” and favorable business climate are well-documented, suggesting that a project on this site could see healthy returns. Whether you hold the developed property for income or flip to an investor, the outlook is positive.

.21 AC

$297,000