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$330,000

1409 and 1411 E Robert Street, Fort Worth, TX, 76104

On MarketInfo
Just AddedInfo
Beds6 Beds
Baths4 Bath
Baths2,100 Sq Ft
DuplexDuplex
price_per_sqft$157.14 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Move-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
FlooringCeramic Tile

About this property

ATTENTION LANDLORDS & 1031-EXCHANGE INVESTORS! Incredible turn-key addition to your rental portfolio in the rapidly expanding Fort Worth market. This clean, well-maintained duplex features a strong operational history and an immediate revenue stream. Unit 1409 is currently occupied by a reliable tenant paying $1,550 per month. Unit 1411 is completely vacant, freshly prepped, and ready for immediate occupancy or easy showings. It was previously leased at $1,500 per month, bringing the total proforma gross income to an impressive $3,050 per month ($36,600 annually). Maximize your profit margins with zero utility friction: tenants pay 100% of their own electricity, water, and trash bills. Sitting at a strong proforma Net Operating Income (NOI) of over $27,800, this property offers an exceptional cap rate for modern market conditions. Positioned in a high-demand rental pocket with quick access to downtown Fort Worth, major highways, and local employment hubs. Vacant side is on a lockbox and available for effortless agent showings. Occupied side can be viewed with an accepted offer. Do not miss this low-maintenance asset. Schedule your tour of the vacant unit today! Buyer and buyer's agent to verify all information contained herein including dimensions, measurement, features, schools and HOA etc. Seller does not have a survey. Buyer may obtained a new survey at buyer's expense. Property is being sold AS-IS. Please DO NOT disturb tenants. 1411 E Robert (right unit) is a vacant and available for showing. No showing in 1409 E Robert (left unit) until accepted contract. Excludes: All tenants personal property.

Investor Tools

$0Estimated Mortgage Balance
$330,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Fort Worth

1409 and 1411 E Robert Street | Property Details | No Agent List