Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-05-27
REALTY AND BUILDING.
FORT WORTH PROPERTY a GOOD
! PURCHASE NOW.
"a Demand for Dwelling Houscs
what Is Going on I'm the Way
of building for Merchants.
r Good outfoois-Notes.


How's real estate?
The ouestion was asked a prominent
real estate agent this morning. He re-
piled.
-Never better
Further questioning evolved the fact
'thnt there have been more transactions
IN dirt this month than In any May
ror the last five years. In fact. though
chenner than It has boon for some time,
there n marked accelerntion IN the
movement of this class Of investment.
ard the gentleman questioned vouch-
Bafcd the remark that real estate In
Fort Worth Is cheaper now than II will
xver be again. There Is no great
nmcunt OF buylng OF unlmproved prop
erty. and especially IL this true OF tho
distant suburban lots-thc pathetic af-
tcrmnrh Of the boom. This class OF
property will have to walt some time
for rejuvenation. Property reasonably
near the business center. however. and
improved property Is IN demand.
A great deal OF property Is changing
bands on the installmcnt plan. and, as
ahere ia no public record OF these trans
actlons. II is not generally known, BY
This plan many a man Of moderate
means has bought him home during
the last year or two
Many people, ar rs well known. were
pwamped by the boom, but a few have
managed 10 swing onto their property.
and are In fair way to recoup their
,osses-cnuaed by Inflated values.
That Investment In Fort Worth prop
srty Is good is evidenced by the small
number Of houses for rent In the city.
and the increasing demand for medium
sized residences. The greatest demand
is for houses Of from two 10 six rooms
There Is really need OF large number
of houses of this kind. and, n built and
u reasonable rental asked. there IL no
doabt that there are numbers of fnmi-
lies who are now boarding who would
40 TO housekeeping. This form OF In
vestment pays large percent. and the
wonder Is That 1t has not come under
The notice OF local capitalists,
The glst OF the matter ls that Fort
Worth dirt ls as good aa gold, aud VIII
continue to be so.
That the city Is not bothered about
hard times, is shown by the great
activity In building. There are At
least "A dozen hue structures In course
OF construction. or contemplated,
Among the fne buildings going up
IRE those In charge Of snnguinottc n
Messcr, architects, They have In
charge the following buildings; The
now hotel OF the Fort Worth Improv-
ed Freehold Co., Il handsome lO0xl00
feet thrce-story on Main street, The
three upper storlea OF the Hendricks
building VIII be connected with The
hotel. The work on this has been
/ started aud will be pushed as fast as
possible. This firm IL also building for
a Scotch syndicate II handsome two
story store and office building, on
the corner OF Seventh and Hounton
streets, Work was commenced Wedncs-
day. They have commenced work on
the Green Walker building on the cor
nee OF Houston and Sixth streets,
This VIII be a duplicate ot the build
Ing now nearing completion on Sixth
aud Main. In addition to these Mesars,
Snngulnctto q MeHser are building
two fine residences on thu South side,
ohe for DR. Bacon Saunders, mud the
other nearly completed, for pr. NJ
M. Barnca, to say nothing OF having
completed tho plans for the new yg0-
600 Methodiat church on 81 Louis av-
enue.
In addition 10 tho above In the hand
rome Wells building which " poing up
on the corner Of ThroclSmOrton aud
Thirteenth streets. the Lyman and
Pratt building on Second and Rusk
streets,
a. NJ. Dawson is building
handsome residence for MIR. Mont
Eomery on tho EnRt side
These buildings mentioned nre OF a
superior character and win be nm or
namcnt 10 the city. There ~ also. in
addition. number OF small cottages
going up In various portions Of the
litv