Tenant-Occupied
1334 Piedmont Drive, Mansfield, TX 76063
For Sale
$539,000
ResidentialIncome, Mansfield, TX
Property Size2,444 SF
Lot Size0.10 Acres
Price / SF$220.54
Days on Market114
Property Features for 1334 Piedmont Drive
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Interior features
Fencing
Appliances
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Tax Annual Amount
HOA Fee
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Auben DFW, LLC
(469) 757-4499
Listed By:
Klaudia Zmurko · License #0833789
(214) 935-1014
Added: Jul 17
Changed: Oct 27
Last Checked: Nov 7 at 11:06AM
MLS# 21251445
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,444-square-foot duplex contains two separately leased residences, each with three bedrooms, two bathrooms, and a two-car garage. Both units feature open living and dining areas, eat-in kitchens with breakfast bars, pantries, ceramic tile, electric ranges, built-in microwaves, dishwashers, and disposals. Primary suites include walk-in closets and private bathrooms, while secondary bedrooms provide large closets. Each residence also has a fenced private backyard.
The property was built in 2008 and sits on a 0.096-acre lot in Mansfield, Texas. Public water and sewer serve the property, with central electric heating and cooling. Both units are tenant-occupied: the residence at 1332 Piedmont Drive is leased through 08-31-2027, and the residence at 1334 Piedmont Drive is leased through 09-30-2027.
The HOA provides exterior coverage for the roof, brick, and siding. A fishing pond with a fountain and a children’s playground are located a few doors away.
The property was built in 2008 and sits on a 0.096-acre lot in Mansfield, Texas. Public water and sewer serve the property, with central electric heating and cooling. Both units are tenant-occupied: the residence at 1332 Piedmont Drive is leased through 08-31-2027, and the residence at 1334 Piedmont Drive is leased through 09-30-2027.
The HOA provides exterior coverage for the roof, brick, and siding. A fishing pond with a fountain and a children’s playground are located a few doors away.
Key Highlights
- 2,444‑square‑foot duplex on a 0.096‑acre lot in Mansfield, TX
- Each unit includes 3 bedrooms, 2 bathrooms, and a 2‑car garage
- Unit 1332 leased through 08‑31‑2027; Unit 1334 leased through 09‑30‑2027
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,411
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,220
$368.2K
Cap Rate 7%
$263,014
$263.0K
Cap Rate 9%
$204,567
$204.6K
Market Conditions
NOI Build-Up for 2,444 SF
Gross rent
$29.6K $12.12/SF
− Vacancy
−$3.3K −$1.36/SF
EGI
$26.3K $10.76/SF
− OpEx
−$7.9K −$3.23/SF
NOI
$18.4K $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 Rate 5%
$368,220
Cap Rate 7%
$263,014
Cap Rate 9%
$204,567
Alternative Uses
Best Use
Multifamily LT 5
$263.0K
$230.1K – $306.9K
NOI $18,411 @ 7.0% cap · market cap 3.42%
Second Best
Apartment 5plus
$228.6K
$200.1K – $266.8K
NOI $16,005 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$859.7K
$752.3K – $1.00M
NOI $60,181 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
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Business Placement
Demographics for 76063, TX
76,914
Population
28,105
Households
2.7
Avg Household Size
37
Median Age
42%
College-Educated
94%
High-School Grad
50.0 sq mi
ZIP Area
1,538
Density / Sq Mi
$113,177
Median Household Income
$56,480
Median Earnings
$1,762
Median Rent
$378,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Tarrant County, TX
Properties on Market for Duplexes in Tarrant County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer open layouts, private backyards, garages, and tenant occupancy.
Where is this duplex located?
The property is located at 1334 Piedmont Drive Mansfield, TX.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: 2,444‑square‑foot duplex on a 0.096‑acre lot in Mansfield, TX; Each unit includes 3 bedrooms, 2 bathrooms, and a 2‑car garage; Unit 1332 leased through 08‑31‑2027; Unit 1334 leased through 09‑30‑2027
