Modern Duplex with Private
New
For Sale
$450,000
103 Del Rio Avenue B, Benbrook, TX 76126
One side is leased and the other offers immediate occupancy in a modern duplex with private patios and fenced yards.
Days on Market3
Property Features for 103 Del Rio Avenue B
General Information
Standard status
Active
Property subtype
Duplex
Building Details
Building Size
2,556 SF
Year Built
2016
Listing Agency:
Fort Worth Property Group
(817) 709-5526
Listed By:
Sanford Finkelstein · License #0630608
Source:
Nilesrealtygroup
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 3:15AM
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 Fort Worth Property Group
Investment Insights
Based on property information with market context.
This modern duplex offers a live-in-and-lease setup, with one side currently leased and the other available for immediate occupancy. Built in 2016, each unit features an open-concept living, dining, and kitchen area with polished concrete floors, exposed beam ceilings, and abundant natural light. The kitchen includes a breakfast bar, generous cabinet storage, and ample counter space.
Both units include a private primary suite with a walk-in closet, an oversized vanity, and a spacious walk-in shower. Two additional bedrooms provide flexible space for guests, a home office, fitness room, or a creative studio. Each unit also has a dedicated private patio and a fenced backyard.
For laundry convenience, there is a dedicated utility closet with a stacked washer and dryer, along with an attached one-car garage. The property is within walking distance of shopping, restaurants, and schools, plus other everyday conveniences.
Both units include a private primary suite with a walk-in closet, an oversized vanity, and a spacious walk-in shower. Two additional bedrooms provide flexible space for guests, a home office, fitness room, or a creative studio. Each unit also has a dedicated private patio and a fenced backyard.
For laundry convenience, there is a dedicated utility closet with a stacked washer and dryer, along with an attached one-car garage. The property is within walking distance of shopping, restaurants, and schools, plus other everyday conveniences.
Key Highlights
- One side currently leased with the other available for immediate occupancy
- Built in 2016 modern open‑concept layout in both units
- Polished concrete floors and exposed beam ceilings throughout each unit
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 | $31.0k | $12.12 |
| − Vacancy | −$3.5k | −$1.36 |
| EGI | $27.5k | $10.76 |
| − OpEx | −$8.3k | −$3.23 |
| NOI | $19.3k | $7.53 |
2,556 SF · lease $12.12/SF/yr · vacancy 11.21% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$275.1K
$240.7K – $320.9K
NOI $19,254 @ 7.0% cap · market cap 4.28%
Second Best
Apartment 5plus
$239.1K
$209.2K – $279.0K
NOI $16,739 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$899.1K
$786.7K – $1.05M
NOI $62,939 @ 7.0% cap · market cap 13.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
540
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - One side is leased and the other offers immediate occupancy in a modern duplex with private patios and fenced yards.
Where is this duplex located?
The property is located at 103 Del Rio Avenue B Benbrook, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: One side currently leased with the other available for immediate occupancy; Built in 2016 modern open‑concept layout in both units; Polished concrete floors and exposed beam ceilings throughout each unit
