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Multifamily Property with Recent Improvements
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1233 Cavender Dr, Hurst, TX 76053

Multifamily for sale featuring more than $620,000 in recent capital improvements and reserved parking, with assumable Fannie Mae financing.

Property SizeContact for details
Days on Market119

Property Features for 1233 Cavender Dr

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Marcus & Millichap - Dallas
Listed By: Nick Fluellen, CCIM · License #TX 0521943
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 11:58AM

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 Marcus & Millichap - Dallas

Investment Insights

Based on property information with market context.

This multifamily residential income property offers more than $620,000 in recent capital improvements completed, along with ongoing upgrade opportunities. The offering also highlights reserved parking and anticipated income growth potential tied to continued improvements.

Additional points noted in the remarks include potential operational efficiency gains in payroll and administrative categories. Financing is presented as assumable through Fannie Mae, with a remaining interest-only term available for a new owner. The property is located at 1233 Cavender Dr in Hurst, Texas 76053.

Key Highlights

  • More than $620,000 in recent capital improvements completed
  • Reserved parking included
  • Attractive assumable Fannie Mae financing available

Property Analytics

Current Use

Twelve33 At Cavender Apartment Complex Cavender Manor Apartment Building

Suggested Use

Top Pick Real Estate Agency Law Firm Storage Facility Daycare Center Garden Center Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

1,180
Businesses Nearby

Demographics for 76053, TX

31,935
Population
12,803
Households
2.5
Avg Household Size
36
Median Age
29%
College-Educated
87%
High-School Grad
8.1 sq mi
ZIP Area
3,943
Density / Sq Mi
$62,402
Median Household Income
$39,147
Median Earnings
$1,322
Median Rent
$254,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Multifamily property - Multifamily for sale featuring more than $620,000 in recent capital improvements and reserved parking, with assumable Fannie Mae financing.
Where is this multifamily property located?
The property is located at 1233 Cavender Dr Hurst, TX.
What are key features of this property?
This property features: More than $620,000 in recent capital improvements completed; Reserved parking included; Attractive assumable Fannie Mae financing available
More about this property
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