Address: 1227 W MAGNOLIA AVE
City: FORT WORTH
Subdivision: KING SUB/FIELD WELCH
Neighborhood Code: OFC-South Tarrant County
Latitude: 32.7302728952
Longitude: -97.3382669474
TAD Map: 2048-384
MAPSCO: TAR-076M
This map, content, and location of property is provided by Google Services.
Legal Description: KING SUB/FIELD WELCH Block A Lot 13R 14R & 15R1
Jurisdictions:
CITY OF FORT WORTH (026)
TARRANT COUNTY (220)
TARRANT REGIONAL WATER DISTRICT (223)
TARRANT COUNTY HOSPITAL (224)
TARRANT COUNTY COLLEGE (225)
FORT WORTH ISD (905)
State Code: F1
Year Built: 1930
Personal Property Account: MultiAgent: TARRANT PROPERTY TAX SERVICE (00065)
Site Number: 80583997
Site Name: MAGNOLIA CENTRE
Site Class: OFCMidHigh - Office-Mid to High Rise
Parcels: 1
Primary Building Name: MAGNOLIA CENTER / 06455107
Primary Building Type: Commercial
Gross Building Area+++: 23,763
Net Leasable Area+++: 25,100
Percent Complete: 100%
Land Sqft*: 22,130
Land Acres*: 0.5080
Pool: N
Notice Sent Date: 4/15/2025
Notice Value: $2,893,187
Protest Deadline Date: 5/31/2024
+++ Rounded.
* This represents one of a hierarchy of possible values ranked in the following order: Recorded, Computed, System, Calculated.
Documents
2025 Documents
Current Owner:
WCRE 1227 MAGNOLIA LLC
Primary Owner Address:
3750 S UNIVERSITY DR SUITE 200
FORT WORTH, TX 76112
Previous Owners:
| Name | Date | Instrument | Deed Volume | Deed Page |
|---|---|---|---|---|
| QUALBE MARKETING GROUP LLC | 9/4/2014 | D214200583 | ||
| MAGNOLIA OPERATING GROUP LP | 6/4/2012 | D212179142 | ||
| MAGNOLIA GROUP LP | 4/1/2004 | 00000000000000 | 0000000 | 0000000 |
| MAGNOLIA GROUP INC | 1/1/1990 | 00100800001149 | 0010080 | 0001149 |
This information is intended for reference only and is subject to change. It may not accurately reflect the complete status of the account as actually carried in TAD's database. Tarrant County Tax Office Account Information.
| Year | Improvement Market | Land Market | Total Market | Total Appraised+ |
|---|---|---|---|---|
| 2025 | $1,786,687 | $1,106,500 | $2,893,187 | $2,628,000 |
| 2024 | $1,414,800 | $885,200 | $2,300,000 | $2,190,000 |
| 2023 | $939,800 | $885,200 | $1,825,000 | $1,825,000 |
| 2022 | $897,025 | $885,200 | $1,782,225 | $1,782,225 |
| 2021 | $764,800 | $885,200 | $1,650,000 | $1,650,000 |
| 2020 | $513,800 | $885,200 | $1,399,000 | $1,399,000 |
Pending indicates that the property record has not yet been completed for the indicated tax year.
+ Appraised value may be less than market value due to state-mandated limitations of value increases.
There are no exemptions for this property
Per Texas Property Tax Code Section 25.027, this website does not include exemption information indicating that a property owner is 65 years of age or older for unauthorized individuals.