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Updated Duplex With Leased Unit
For Sale
$439,000
Pending

8230 El Retiro Road, Fort Worth, TX 76116

Duplex features two 3 bed, 2 bath units with fenced backyards, covered parking, and recent interior upgrades.

Days on Market11

Property Features for 8230 El Retiro Road

General Information

Standard status Pending
Property subtype Duplex
Occupancy 50%

Additional Details

Fenced Yard Yes
Multifamily Units 2

Amenities

granite countertops
spacious living room
open concept kitchen and dining
interior laundry room
fully fenced backyards
covered parking

Building Details

Year Built 1975
Listing Agency: The Michael Group Real Estate
Listed By: Rene Jensen · License #0531187
Source: Lonestarluxuryrealty
Added: Jul 20 Changed: Jul 22 Last Checked: Jul 30 at 6:08AM

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 The Michael Group Real Estate

Investment Insights

Based on property information with market context.

This updated duplex includes two separate 3-bedroom, 2-bath residences, each with a spacious living room, open-concept kitchen and dining area, and an interior laundry room. Recent improvements include a roof installation (2021), gutters and carport roof panels, and a redesigned back sunroom. Additional updates mentioned include new toilets, recent paint, and granite countertops in the kitchen and bathrooms of unit 8230. Unit 8230 is equipped with essential appliances and is currently leased through March 31, 2027.

At the rear of the property, both units are served by fully fenced backyards and covered parking. Tenant responsibilities are electric and gas, while the owner pays water, sewer, and trash. Unit 8228 is vacant and was recently prepared for the next occupant, with updates including full paint and fixtures.

For an investor or owner-occupant, the property provides one unit with an existing lease and a second unit that is ready to rent, with shared exterior features including covered parking and fenced yard space.

Key Highlights

  • Duplex built in 1975 with two 3 bed, 2 bath units and spacious living areas
  • Unit 8230 is leased for $1,850 until March 31, 2027
  • Unit 8228 is vacant with recent updates including full paint and fixtures

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

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

Lease Details

2
Residential units
50%
Occupancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

564
Businesses Nearby

Demographics for 76116, TX

51,639
Population
25,808
Households
2
Avg Household Size
35
Median Age
33%
College-Educated
88%
High-School Grad
12.3 sq mi
ZIP Area
4,198
Density / Sq Mi
$54,738
Median Household Income
$39,040
Median Earnings
$1,205
Median Rent
$286,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex features two 3 bed, 2 bath units with fenced backyards, covered parking, and recent interior upgrades.
Where is this duplex located?
The property is located at 8230 El Retiro Road Fort Worth, TX.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Duplex built in 1975 with two 3 bed, 2 bath units and spacious living areas; Unit 8230 is leased for $1,850 until March 31, 2027; Unit 8228 is vacant with recent updates including full paint and fixtures
More about this property
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