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Turnkey Short-Term Rental with Pool Table
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1209 Tyra Ln, Fort Worth, TX 76114

Turnkey short-term rental home with a dedicated billiard room, sunroom, and outdoor putting green.

Property Size2,884 SF
Price / SF$223
Days on Market384

Property Features for 1209 Tyra Ln

General Information

Standard status Active
Size 2,884 SF
Class B
Property subtype Multifamily
Zoning Residential
Investment Type Stabilized

Additional Details

Cap Rate 9%

Amenities

neon-lit photo spots
curated décor
matching guest robes and hats
billiard room with pool table
sunroom
outdoor putting green
backyard for entertaining
lounge spaces
themed bedrooms

Building Details

Year Built 1978
Listing Agency: Torelli Commercial
Listed By: Jessica Harrison · License #0753089
Source: Crexi
Added: Oct 7, 2025 Changed: Oct 6 Last Checked: Oct 24 at 4:29PM

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 Torelli Commercial

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Investment Insights

Based on property information with market context.

Turnkey income-producing short-term rental property offered for sale with 2,884 square feet of space. The home includes a dedicated billiard room with a full-size pool table, a bright sunroom, and an outdoor putting green for on-site recreation. Interior spaces are described as themed, with multiple lounge areas and themed bedrooms, along with curated furnishings and matching guest robes and hats.

The seller states the offering is presented with future confirmed bookings of 35 nights, along with stated NOI of $57,882 and a 9% cap rate. The property is available for individual purchase or as part of a 3-property portfolio, and the seller indicates that seller financing is available. The address is 1209 Tyra Ln, Fort Worth, TX 76114.

Key Highlights

  • 1978‑built turnkey short‑term rental home with dedicated billiard room, sunroom, and outdoor putting green
  • Income‑focused offering listed with a 9% cap rate and NOI of $57,882
  • Sales includes future confirmed bookings of $17,321 for 35 nights

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,854
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$877,080 $877.1K
Cap Rate 7%
$626,486 $626.5K
Cap Rate 9%
$487,267 $487.3K
Market Conditions
NOI Build-Up for 2,884 SF
Gross rent
$89.3K $30.96/SF
− Vacancy
−$9.6K −$3.31/SF
EGI
$79.7K $27.65/SF
− OpEx
−$35.9K −$12.44/SF
NOI
$43.9K $15.21/SF
Area
Fort Worth, TX
Vacancy
10.70%
Lease Rate
$30.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$877,080
Cap Rate 7%
$626,486
Cap Rate 9%
$487,267

Alternative Uses

Best Use
Apartment 5plus
$626.5K
$548.2K – $730.9K (±1% cap)
NOI $43,854 @ 7.0% cap · market cap 6.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$916.7K – $1.22M (±1% cap)
NOI $73,334 @ 7.0% cap · market cap 11.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

522
Businesses Nearby

Demographics for 76114, TX

26,676
Population
10,648
Households
2.5
Avg Household Size
36
Median Age
18%
College-Educated
76%
High-School Grad
9.7 sq mi
ZIP Area
2,750
Density / Sq Mi
$61,055
Median Household Income
$40,145
Median Earnings
$1,231
Median Rent
$195,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Turnkey short-term rental home with a dedicated billiard room, sunroom, and outdoor putting green.
Where is this short term rental property located?
The property is located at 1209 Tyra Ln Fort Worth, TX.
What is the asking price?
The asking price for this property is $643,133.
What are key features of this property?
This property features: 1978‑built turnkey short‑term rental home with dedicated billiard room, sunroom, and outdoor putting green; Income‑focused offering listed with a 9% cap rate and NOI of $57,882; Sales includes future confirmed bookings of $17,321 for 35 nights
(806) 678-0650 Call to check price and availability
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