New Construction
New
For Sale
$585,000
1632 & 1634 Bessie Street, Fort Worth, TX 76104
Two residences allow for owner occupancy in one unit while leasing the other, or leasing both.
Property Size3,376 SF
Days on Market2
Property Features for 1632 & 1634 Bessie Street
General Information
Standard status
Active
Size
3,376 SF
Property subtype
Duplex
Site & Location
Neighborhood
Glenwood Triangle
Additional Details
Multifamily Units
2
Building Details
Building Size
3,376 SF
Year Built
2026
Listing Agency:
Mersaes Real Estate, Inc.
Listed By:
Ana Vasquez · License #0669096
(708) 743-9176
Source:
Nilesrealtygroup
Added: Nov 3
Last Checked: Nov 3 at 2:31PM
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 Mersaes Real Estate, Inc.
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Investment Insights
Based on property information with market context.
Built in 2026, this duplex contains two separate residences. Each unit has living space, a functional kitchen, bedrooms, and modern finishes. The lot also provides outdoor area, with separation between the two homes.
The two-unit configuration supports occupancy of one residence with the other leased, or leasing both units.
The two-unit configuration supports occupancy of one residence with the other leased, or leasing both units.
Key Highlights
- Two‑residence duplex built in 2026
- Each unit includes a kitchen, bedrooms, and living area
- Lot offers outdoor space and separation between the residences
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
NOI $59,107 @ 7.0% cap · market cap 10.10%
Second Best
Apartment 5plus
$733.4K
$641.7K – $855.6K
NOI $51,335 @ 7.0% cap · market cap 8.78%
Theoretical Best
Office A
$1.23M
$1.07M – $1.43M
NOI $85,845 @ 7.0% cap · market cap 14.67%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences allow for owner occupancy in one unit while leasing the other, or leasing both.
Where is this duplex located?
The property is located at 1632 & 1634 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 unit includes a kitchen, bedrooms, and living area; Lot offers outdoor space and separation between the residences
