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New Construction Duplex
New
For Sale
$585,000

1628 & 1630 Bessie Street, Fort Worth, TX 76104

Each residence has its own entrance, attached garage, and driveway.

Property Size3,376 SF
Days on Market3

Property Features for 1628 & 1630 Bessie Street

General Information

Standard status Active
Size 3,376 SF
Property subtype Duplex

Additional Details

Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,532

Building Details

Building Size 3,376 SF
Year Built 2026
Listing Agency: Monument Realty
Listed By: Nancy Garcia · License #0721799
Source: Nilesrealtygroup
Added: Oct 12 Changed: Oct 13 Last Checked: Oct 13 at 2:13AM

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 Monument Realty

Investment Insights

Based on property information with market context.

Completed in 2026, this duplex contains two two-story residences with open-plan interiors and no carpet. Each home has a kitchen with a large island and pantry storage, along with walk-in closets and contemporary bathroom fixtures. Separate entrances, attached garages, and individual driveways provide distinct access for each residence.

The property is near downtown Fort Worth, with access to I-35W, I-30, and Highway 287. Dining, shopping, and entertainment destinations are within reach, as are South Main, Magnolia Avenue, and the Medical District.

Key Highlights

  • Two‑residence duplex built in 2026
  • Each residence spans two stories and has an open‑plan layout
  • Carpet‑free interiors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$51,335
Cap Rate
8.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,026,700 $1.0M
Cap Rate 7%
$733,357 $733.4K
Cap Rate 9%
$570,389 $570.4K
Market Conditions
NOI Build-Up for 3,376 SF
Gross rent
$104.5K $30.96/SF
− Vacancy
−$11.2K −$3.31/SF
EGI
$93.3K $27.65/SF
− OpEx
−$42.0K −$12.44/SF
NOI
$51.3K $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%
$1,026,700
Cap Rate 7%
$733,357
Cap Rate 9%
$570,389

Alternative Uses

Best Use
Multifamily LT 5
$844.4K
$738.8K – $985.1K (±1% cap)
NOI $59,107 @ 7.0% cap · market cap 10.10%
Second Best
Apartment 5plus
$733.4K
$641.7K – $855.6K (±1% cap)
NOI $51,335 @ 7.0% cap · market cap 8.78%
Theoretical Best
Office A
$1.23M
$1.07M – $1.43M (±1% cap)
NOI $85,845 @ 7.0% cap · market cap 14.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Electrical Service

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

448
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Each residence has its own entrance, attached garage, and driveway.
Where is this duplex located?
The property is located at 1628 & 1630 Bessie Street Fort Worth, TX.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Two‑residence duplex built in 2026; Each residence spans two stories and has an open‑plan layout; Carpet‑free interiors
More about this property
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