Beautifully updated 5-bedroom, 2-bath property currently operating as a cash-flowing co-living rental with room-by-room tenants in place. Flexible opportunity for investors seeking immediate income potential or buyers needing space for multigenerational living or a large family. Property can be sold with tenants and current rental setup in place, and rent roll is available upon request. Seller may also deliver property vacant at closing if desired. Conveniently located near shopping, dining, parks, and major highway access in desirable North Richland Hills-Watauga area. Seller Has Survey. Buyer and buyer’s agent to verify all information, including square footage, schools, zoning, occupancy, and permitted uses. Information deemed reliable but not guaranteed.
Property Details
Price:
$275,000
MLS #:
21266265
Status:
Active
Beds:
5
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Browning Heights North
Listed Date:
May 11, 2026
Finished Sq Ft:
1,541
Lot Size:
7,361 sqft / 0.17 acres (approx)
Year Built:
1963
See this Listing
Schools
School District:
Birdville ISD
Elementary School:
Watauga
Middle School:
Watauga
High School:
Haltom
Interior
Bathrooms Full
2
Fireplace Features
Wood Burning
Fireplaces Total
1
Interior Features
Open Floorplan
Number Of Living Areas
1
Exterior
Garage Spaces
1
Lot Size Area
0.1690
Financial
Map
Community
- Address5736 Shipp Drive Watauga TX
- SubdivisionBrowning Heights North
- CityWatauga
- CountyTarrant
- Zip Code76148
Subdivisions in Watauga
- Astor Heights Add
- Astor Heights Addition
- ASTOR HEIGHTS ADDITION BLOCK 8 LOT 37
- Bristol Square
- Brookdale Heights
- Browning Heights
- Browning Heights North
- Bunker Hill
- Bursey Place
- Bursey Road Twnhms
- Courtside Estates Add
- Durham Farms Watauga
- Echo Hills Add
- Echo Hills Addition
- ECHO HILLS ADDITION BLOCK 32 LOT 1
- Foster Village
- Foster Village Add
- Foster Village Addition
- Greenfield Village Add
- Hightower Estates
- Hilltop Add
- I J Schellinger Sub
- Northpark Village Add
- Park Vista Add
- Parkside Add
- PARKVIEW
- Quail Hollow Add
- Quail Meadows Estates
- Schellinger I J Sub
- Singing Hills Add
- Summer Hills Add
- Sunnybrook Add
- Watauga Add
- Watauga Heights
- Watauga Heights East
- Watauga Pavilion Add
Market Summary
Current real estate data for Single Family in Watauga as of Jun 25, 2026
72
Single Family Listed
46
Avg DOM
203
Avg $ / SqFt
$297,008
Avg List Price
Property Summary
- Located in the Browning Heights North subdivision, 5736 Shipp Drive Watauga TX is a Single Family for sale in Watauga, TX, 76148. It is listed for $275,000 and features 5 beds, 2 baths, and has approximately 1,541 square feet of living space, and was originally constructed in 1963. The current price per square foot is $178. The average price per square foot for Single Family listings in Watauga is $203. The average listing price for Single Family in Watauga is $297,008. To schedule a showing of MLS#21266265 at 5736 Shipp Drive in Watauga, TX, contact your Spencer TX Real Estate, LLC agent at (817) 937-8532.
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