Two-Unit Duplex with
For Sale
$299,900
112 Del Rio Avenue Unit A & B, Benbrook, TX 76126
Benbrook income property with two private residences, flexible space, outdoor areas, and convenient roadway access.
Property Size1,800 SF
Price / SF$166.61
Days on Market246
Property Features for 112 Del Rio Avenue Unit A & B
General Information
Standard status
Active
Size
1,800 SF
Total Parking Spaces
6
Property subtype
Multi-Family / Full Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
Ceiling Fan(s), Electric, Heat Pump
Electric, Heat Pump
No
Luxury Vinyl Plank
Electric Range
Cable TV Available, High Speed Internet Available, Open Floorplan
Asphalt, Shingle
One
Back Yard, Partial, Wood
Covered Patio/Porch
1
Slab
Owner
2
Brick
Covered
Building Details
Year Built
1970
Buildings
1
Listing Agency:
CENTURY 21 Judge Fite Company
(682) 803-9296
Listed By:
Amberly Plyler · License #0844490
(682) 803-9296
Source:
Compass
Added: Dec 27, 2025
Changed: Aug 29
Last Checked: Aug 29 at 4:46PM
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 CENTURY 21 Judge Fite Company
Investment Insights
Based on property information with market context.
112 Del Rio Avenue includes two separate residential units within an approximately 1,800-square-foot duplex. Each residence has two bedrooms and one bathroom. Unit A adds a flexible room that may serve as a third bedroom, along with an oversized laundry room. Both units have private yard areas, while Unit B includes an attached garage with a painted and insulated interior and an 18-foot door. Multiple parking spaces are also available.
Built in 1970, the property features brick construction, covered outdoor areas, slab foundations, luxury vinyl plank flooring, electric heat pumps, electric ranges, ceiling fans, and access to cable television and high-speed internet. The Benbrook location provides access to shopping, dining, schools, and major roadways, with Fort Worth also nearby.
Built in 1970, the property features brick construction, covered outdoor areas, slab foundations, luxury vinyl plank flooring, electric heat pumps, electric ranges, ceiling fans, and access to cable television and high-speed internet. The Benbrook location provides access to shopping, dining, schools, and major roadways, with Fort Worth also nearby.
Key Highlights
- 1800 sq ft duplex with two separate units
- Each unit has 2 bedrooms and 1 bathroom
- Unit A includes flex space and a large laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,559
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$271,180
$271.2K
Cap Rate 7%
$193,700
$193.7K
Cap Rate 9%
$150,656
$150.7K
Market Conditions
NOI Build-Up for 1,800 SF
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.
Gross rent
$21.8K $12.12/SF
− Vacancy
−$2.4K −$1.36/SF
EGI
$19.4K $10.76/SF
− OpEx
−$5.8K −$3.23/SF
NOI
$13.6K $7.53/SF
Area
Tarrant County, TX
Vacancy
11.21%
Lease Rate
$12.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$271,180
Cap Rate 7%
$193,700
Cap Rate 9%
$150,656
Alternative Uses
Best Use
Multifamily LT 5
$193.7K
$169.5K – $226.0K
NOI $13,559 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$168.4K
$147.4K – $196.5K
NOI $11,788 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$633.2K
$554.0K – $738.7K
NOI $44,323 @ 7.0% cap · market cap 14.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
593
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Benbrook income property with two private residences, flexible space, outdoor areas, and convenient roadway access.
Where is this duplex located?
The property is located at 112 Del Rio Avenue Unit A & B Benbrook, TX.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1800 sq ft duplex with two separate units; Each unit has 2 bedrooms and 1 bathroom; Unit A includes flex space and a large laundry room
