Duplex with Attached One-Car
1728 E Powell Avenue Fort Worth, TX 76104
1728 E Powell Avenue, Fort Worth, TX, 76104
$389,000
Pending
For Sale
$389,000
Pending
MULTI_FAMILY - Fort Worth, TX
Property Size1,858 SF
Lot Size0.14 Acres
Days on Market46
Property Features for 1728 E Powell Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 4, Bathroom 1
- Parking
- 2
- Parking features
- Open, Driveway, Garage
- Interior features
- GraniteCounters
- Appliances
- Dishwasher, ElectricRange, ElectricWaterHeater, Disposal
- Standard status
- Pending
- APN
- 00181064
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Description
- BELMONT ADDITION BLOCK 12 LOT 8
- Tax Annual Amount
- 9311
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- FiberCement
- Roof type
- Composition
Listing Agency
Prime Properties Realty
(817) 818-9160
North Richland Hills, TX
Listed by
Levi Mills · License #0663266
(817) 881-1280
Added: Jun 1 Checked: Jul 16 at 9:06 pm
MLS# 21250473
Listing URL
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.
Investment Insights
Based on property information with market context.
This duplex investment property offers two units, each featuring 2 bedrooms, 1.5 bathrooms, and a one-car attached garage. The units are described as having functional layouts, and the property is presented as a value-add opportunity. The listing also notes that below-market financing may be available, including a seller-paid rate buy-down to 4.99% on a 30-year fixed loan through a preferred lender.
The property is located at 1728 E Powell Avenue in Fort Worth, TX 76104, within an Opportunity Zone. The remarks state it is just minutes from downtown Fort Worth and the Hospital District, with convenient access to I-35, I-30, I-20, and Hwy 287. The listing further indicates the duplex is part of a small portfolio, with permits previously approved and development paused while city street and utility infrastructure were completed—now nearing completion. The listing also states that three duplexes are available as part of the portfolio.
The property is located at 1728 E Powell Avenue in Fort Worth, TX 76104, within an Opportunity Zone. The remarks state it is just minutes from downtown Fort Worth and the Hospital District, with convenient access to I-35, I-30, I-20, and Hwy 287. The listing further indicates the duplex is part of a small portfolio, with permits previously approved and development paused while city street and utility infrastructure were completed—now nearing completion. The listing also states that three duplexes are available as part of the portfolio.
Key Highlights
- New duplex under construction (Year built 2026) with estimated 929 SF per side
- 2 beds, 1.5 baths per unit plus a 1‑car attached garage for each side
- Central air and electric heating
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.7k | $27.84 |
| − Vacancy | −$5.3k | −$2.83 |
| EGI | $46.5k | $25.01 |
| − OpEx | −$13.9k | −$7.50 |
| NOI | $32.5k | $17.51 |
1,858 SF · lease $27.84/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$464.7K
$406.6K – $542.2K
NOI $32,530 @ 7.0% cap · market cap 8.36%
Second Best
Apartment 5plus
$403.6K
$353.2K – $470.9K
NOI $28,253 @ 7.0% cap · market cap 7.26%
Theoretical Best
Office A
$674.9K
$590.6K – $787.4K
NOI $47,245 @ 7.0% cap · market cap 12.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two-unit duplex with 2-bedroom, 1.5-bath layouts and one-car attached garages, near major interstate access.
Where is this duplex located?
The property is located at 1728 E Powell Avenue Fort Worth, TX.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: New duplex under construction (Year built 2026) with estimated 929 SF per side; 2 beds, 1.5 baths per unit plus a 1‑car attached garage for each side; Central air and electric heating
