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Duplex with Fenced Yards
New
For Sale
$315,000

1001 Poplar Street, Benbrook, TX 76126

Each side includes a dedicated carport space and private fenced yard.

Property Size2,435 SF
Days on Market2

Property Features for 1001 Poplar Street

General Information

Standard status Active
Size 2,435 SF
Total Parking Spaces 2
Property subtype Residential Income

Building Details

Building Size 2,435 SF
Year Built 1982
Buildings 1
Stories 1
Units 2
Listing Agency: Key Properties
Listed By: Shirley Baker
Source: Vickiesteam
Added: Aug 3 Changed: Aug 4 Last Checked: Aug 4 at 6:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Key Properties

Investment Insights

Based on property information with market context.

Built in 1982, this duplex has property management in place and separate fenced yards for each side. Each side also includes one space in the carport. Tenants pay all utilities and maintain their respective portion of the yard. The property is offered as-is, with maintenance records available after an executed contract. Located at 1001 Poplar Street in Benbrook, Texas.

Key Highlights

  • Duplex constructed in 1982
  • Property management currently in place
  • One carport space assigned to each side

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $29.5k $12.12
− Vacancy −$3.3k −$1.36
EGI $26.2k $10.76
− OpEx −$7.9k −$3.23
NOI $18.3k $7.53
2,435 SF · lease $12.12/SF/yr · vacancy 11.21% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$262.0K
$229.3K – $305.7K (±1% cap)
NOI $18,343 @ 7.0% cap · market cap 5.82%
Second Best
Apartment 5plus
$227.8K
$199.3K – $265.8K (±1% cap)
NOI $15,946 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$856.6K
$749.5K – $999.3K (±1% cap)
NOI $59,959 @ 7.0% cap · market cap 19.03%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Dental Office Auto Parts Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

275
Businesses Nearby

Demographics for 76126, TX

25,444
Population
10,598
Households
2.4
Avg Household Size
41
Median Age
48%
College-Educated
94%
High-School Grad
68.7 sq mi
ZIP Area
370
Density / Sq Mi
$107,668
Median Household Income
$58,393
Median Earnings
$1,677
Median Rent
$357,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Each side includes a dedicated carport space and private fenced yard.
Where is this duplex located?
The property is located at 1001 Poplar Street Benbrook, TX.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Duplex constructed in 1982; Property management currently in place; One carport space assigned to each side
More about this property
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