Duplex with Additional
For Sale
$230,000
1601 E Hattie Street, Fort Worth, TX 76104
Central air and on-site additional parking serve this Fort Worth residential property.
Property Size1,386 SF
Days on Market31
Property Features for 1601 E Hattie Street
General Information
Standard status
Active
Size
1,386 SF
Total Parking Spaces
2
Property subtype
Residential Income
Net Operating Income
$26,000
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$1,095
Amenities
Central Air
Central
Other
Additional Parking
Building Details
Building Size
1,386 SF
Year Built
1941
Buildings
1
Listing Agency:
Coldwell Banker Residential
Listed By:
Mariah Morales-Deal
(214) 549-0563
Source:
Evrealestate
Added: Sep 9
Changed: Oct 4
Last Checked: Oct 7 at 12:16PM
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 Coldwell Banker Residential
Investment Insights
Based on property information with market context.
Built in 1941, this duplex at 1601 E Hattie Street has central air and additional parking. The property is in Fort Worth’s Historic Southside neighborhood.
Access from I-35W is via Exit 49B for Rosedale Street, followed by a route through Evans Avenue to E Hattie Street.
Access from I-35W is via Exit 49B for Rosedale Street, followed by a route through Evans Avenue to E Hattie Street.
Key Highlights
- Duplex property built in 1941
- Central air
- Additional parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,076
Cap Rate
9.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,520
$421.5K
Cap Rate 7%
$301,086
$301.1K
Cap Rate 9%
$234,178
$234.2K
Market Conditions
NOI Build-Up for 1,386 SF
Gross rent
$42.9K $30.96/SF
− Vacancy
−$4.6K −$3.31/SF
EGI
$38.3K $27.65/SF
− OpEx
−$17.2K −$12.44/SF
NOI
$21.1K $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%
$421,520
Cap Rate 7%
$301,086
Cap Rate 9%
$234,178
Alternative Uses
Best Use
Multifamily LT 5
$346.7K
$303.3K – $404.4K
NOI $24,266 @ 7.0% cap · market cap 10.55%
Second Best
Apartment 5plus
$301.1K
$263.5K – $351.3K
NOI $21,076 @ 7.0% cap · market cap 9.16%
Theoretical Best
Office A
$503.5K
$440.5K – $587.4K
NOI $35,243 @ 7.0% cap · market cap 15.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
408
Businesses Nearby
Explore this area
Business Placement
Demographics for 76104, TX
21,571
Population
9,605
Households
2.2
Avg Household Size
32
Median Age
21%
College-Educated
74%
High-School Grad
5.9 sq mi
ZIP Area
3,656
Density / Sq Mi
$56,848
Median Household Income
$38,131
Median Earnings
$1,385
Median Rent
$145,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Central air and on-site additional parking serve this Fort Worth residential property.
Where is this duplex located?
The property is located at 1601 E Hattie Street Fort Worth, TX.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Duplex property built in 1941; Central air; Additional parking
