Fort Worth Cultural District Real Estate
It’s hard to beat the name recognition that Dallas provides on a national level. However, Fort Worth is rapidly becoming a more appealing city with which to invest—and its popularity is beginning to rival its eastern brother.
In particular, the area just south of downtown “Cowtown” has undergone an urban revival in the last decade, as is evidenced by the flocks of families and real estate investors snatching up properties in the Fort Worth Cultural District.
The Cultural District’s eastern border is on the opposite side of the Trinity River and the nationally-renown Texas Christian University. To the north, it’s the downtown travel corridor, Seventh Street. Historic Camp Bowie Boulevard, paved partially by brick during the Great Depression, forms the western line of the district.
Whether you’re searching for a townhouse for the family, an upscale apartment or a luxurious condominium, Fort Worth’s Cultural District offers something for everyone.
One of the nation’s largest cultural districts—visited by over two million people each year—the Fort Worth Cultural District has numerous restaurants, museums, and the finest in live music venues.
Entertainment options are not only nearby in the Cultural District, they’re so close they’re practically in your hip pocket.
If your taste is piqued by world-class museums, there are several to choose from—the Modern Art Museum, the Kimball and the Museum of Science History (which also houses the state-of-the-art Omni Theater).
Prefer the more eclectic? How about the National Cowgirl Hall of Fame—just a few blocks from the southwestern portion of the Cultural District.
Condominiums in the district command $250,000 and up, while the average townhome in the area can be even pricier at close to a half a million dollars ($450,000) on average.
However, those without the necessary capital (or desire) to secure such a high-end residence need not fear the area’s average list price of $281,354.
Portions of the Cultural District feature homes that start in the low six-figure range (from $110,000).
Essentially, the southeastern portion of the Cultural District is the most economically feasible, and the closer you get to the area’s northeast boundaries of Seventh Street and the Trinity River, the higher the median listing price (well into the high six-figure range).
Over the last year and a half, the great state of Texas has seen the largest influx of new residents (a 2.1% increase, equal to 529,000 new residents).
The booming population spike of the Lone Star State is due in part to cities such as Fort Worth, that offer a dynamic environment with inviting neighborhoods in equal abundance to stimulating entertainment options.
With the newly renovated Montgomery Plaza, as well as new townhomes to be completed by the middle of 2012, Fort Worth’s Cultural District is at the height of its civic revival.
It’s no secret why the Cultural District is one of the most attractive Cowtown locations for real estate investors as well as families looking to find housing in an area that is ripe for growth.