Be diligent in your search and if you work with an agent, make sure they come recommended. Out of state investors are typically so sticker shocked by the affordability, they pay too much. Believe it or not. Sort of reverse sticker shock I guess.
Yes, Fort Worth, along with any other location, is a valid place to find a replacement property.
"Like kind" also is very broad and allows you to replace the rental with an office building, a single family, an oil lease, farm land or any other 'real property'.
I am assuming you used a Qualified Intermediary to receive the proceeds (else you wouldn't be talking 1031). 1031 is a great way to avoid whopping IRS tax bills on funds received (but we're all facing whopping bills soon to pay off the staggering national debt).
Don't let the identification period expire without identifying candidate(s). You still have another 180 after that 45-day identification period to close the purchase. So, don't dawdle. Your intermediary must be given the candidates within the period. And you must close on one of them. Watch the rules carefully.
Many title companies experienced in completing the 1031 purchase and some Realtors are, too.
One sets up a 1031 exchange first with Title before one closes a sale of a
If you already sold the property and have the proceeds in hand then it is too late.
If you are close to closing, then work with the buyers to set up an exchange as some
Lenders do not lend to properties in a 1031 exchange.