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221 Cambridge Drive

Saginaw, TX 76179
  • $599,000
  • STATUS: Active Option Contract
  • ON SITE: 55 Days
  • MLS #: 21322534
Under Contract
UPDATED: 36 min ago
$599,000
  • 8
    BEDS
  • 0.32
    ACRES
  • 4
    BATHS
  • 4
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1982
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Sarah Thornton of Redfin Corporation: 972-954-4791.

Description

Well-maintained 4-unit investment property in Saginaw offering a strong opportunity for buyers searching for multifamily real estate with convenient access to I-35W, Loop 820, major employment centers, shopping, dining, and everyday conveniences. The seller prefers to sell Building 221 together with Buildings 321, 313, and 405, creating the potential to acquire multiple adjacent assets. Each of the 4 units features 2 bedrooms, 1 full bath, 1 half bath, and approximately 1,044 square feet of living space. The functional floor plans include spacious living areas with wood-burning fireplaces, well-designed kitchens, and washer and dryer hookups, providing practical features that appeal to a wide range of tenants. The property has been consistently maintained and includes numerous capital improvements, offering added value for investors. Updates include multiple newer water heaters and HVAC systems, and roofs that are all less than 6 years old, helping reduce future maintenance considerations. Located in a well-established area with convenient access to major commuter routes including I-35W and Loop 820, this multifamily property is positioned near retail, restaurants, employment centers, and other daily amenities. Buyers searching for Fort Worth investment property, income-producing real estate, or a multifamily portfolio expansion will appreciate the combination of location, ongoing maintenance, and the opportunity to purchase multiple buildings together.

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© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Roden Real Estate Group | Fathom Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Roden Real Estate Group | Fathom Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-09-04T18:45:56.48.
www.rodenrealestategroup.com/homes/178671027
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221 Cambridge Drive Saginaw, TX 76179

  • Price: $599,000
  • Status: Active Option Contract
  • On Site: 55 Days
  • Updated: 36 min ago
  • MLS #: 21322534
8
Beds
4
Baths
4
½ Baths
0.32
Acres
1982
Built
Neighborhood:
Cambridge Estates
County:
Tarrant
Area:
Saginaw
Elementary School:
Bryson
High School:
Boswell
School District:
Eagle Mt-Saginaw ISD
Property Description
Well-maintained 4-unit investment property in Saginaw offering a strong opportunity for buyers searching for multifamily real estate with convenient access to I-35W, Loop 820, major employment centers, shopping, dining, and everyday conveniences. The seller prefers to sell Building 221 together with Buildings 321, 313, and 405, creating the potential to acquire multiple adjacent assets. Each of the 4 units features 2 bedrooms, 1 full bath, 1 half bath, and approximately 1,044 square feet of living space. The functional floor plans include spacious living areas with wood-burning fireplaces, well-designed kitchens, and washer and dryer hookups, providing practical features that appeal to a wide range of tenants. The property has been consistently maintained and includes numerous capital improvements, offering added value for investors. Updates include multiple newer water heaters and HVAC systems, and roofs that are all less than 6 years old, helping reduce future maintenance considerations. Located in a well-established area with convenient access to major commuter routes including I-35W and Loop 820, this multifamily property is positioned near retail, restaurants, employment centers, and other daily amenities. Buyers searching for Fort Worth investment property, income-producing real estate, or a multifamily portfolio expansion will appreciate the combination of location, ongoing maintenance, and the opportunity to purchase multiple buildings together.
Exterior Features

Construction Brick Foundation Slab Parking Or Garage Parking Lot Parking Spaces 8 Pool On Property No Roof Shingle Waterfront YN No

Interior Features

Appliances DishwasherDisposalElectric CooktopElectric OvenRefrigerator Cooling Central AirElectric Flooring Carpet Handicap YN No Heating CentralElectric Interior Features Cable TV AvailableHigh Speed Internet Available Window Features Window Coverings

Property Features

Accessory Unit YN No Building Area Source Public Records Building Area Total 4176.00 Complex Name Cambridge Estates Construction Status Preowned Gross Annual Expenses 28000.00 Gross Annual Income 59400.00 HOA None Insurance Expense 0 Levels Two Listing Terms CashConventional Municipal Utility District No Net Operation Income 31400 Operating Expense Includes AccountingGardenerInsuranceLicensesMaintenanceNew Tax Possession Subject to Lease Property Type Quadruplex Unexempt Taxes 12537 Utilities City SewerCity Water Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2026 North Texas Real Estate Information System.


© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Roden Real Estate Group | Fathom Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Roden Real Estate Group | Fathom Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-09-04T18:45:56.48.
 
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Roden Real Estate Group | Fathom Realty
125 South Main Street
Godley TX, 76044
Offered by Sarah Thornton of Redfin Corporation: 972-954-4791.