Well-Maintained Duplex with
For Sale
$325,000
Pending
1904 San Rafael Street, Fort Worth, TX 76134
Duplex with recent HVAC replacement, new windows in Unit 1904, and sound-dampening insulation between units.
Property Size1,961 SF
Days on Market100
Property Features for 1904 San Rafael Street
General Information
Standard status
Pending
Size
1,961 SF
Property subtype
Duplex
Site & Location
Neighborhood
Willow Creek
Highway Access
Yes
Additional Details
Business Included
No
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,642
Building Details
Building Size
1,961 SF
Year Built
2004
Tenancy
Multi
Listing Agency:
eXp Realty, LLC
Listed By:
Michelle White · License #0828666
(888) 519-7431
Source:
Nilesrealtygroup
Added: Jul 27
Changed: Nov 1
Last Checked: Nov 1 at 1:01PM
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 eXp Realty, LLC
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Investment Insights
Based on property information with market context.
This well-maintained duplex offers a flexible setup with both units set to be vacant at the end of July. The property has recent improvements including replacement of the HVAC system and two brand-new windows in Unit 1904. Sound-dampening insulation between the units is in place to add privacy and tenant comfort.
Unit 1906 is currently being marketed for lease at $1,450 per month. The duplex is conveniently located near major highways, shopping, dining, downtown Fort Worth, schools, and public transportation, supporting everyday accessibility for tenants and residents.
Unit 1906 is currently being marketed for lease at $1,450 per month. The duplex is conveniently located near major highways, shopping, dining, downtown Fort Worth, schools, and public transportation, supporting everyday accessibility for tenants and residents.
Key Highlights
- Well‑maintained duplex built in 2004 in Fort Worth
- Scheduled tenant move‑out: both units have notice to vacate at the end of July
- Recent improvements include HVAC system replacement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,819
Cap Rate
9.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,380
$596.4K
Cap Rate 7%
$425,986
$426.0K
Cap Rate 9%
$331,322
$331.3K
Market Conditions
NOI Build-Up for 1,961 SF
Gross rent
$60.7K $30.96/SF
− Vacancy
−$6.5K −$3.31/SF
EGI
$54.2K $27.65/SF
− OpEx
−$24.4K −$12.44/SF
NOI
$29.8K $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%
$596,380
Cap Rate 7%
$425,986
Cap Rate 9%
$331,322
Alternative Uses
Best Use
Multifamily LT 5
$490.5K
$429.2K – $572.2K
NOI $34,333 @ 7.0% cap · market cap 10.56%
Second Best
Apartment 5plus
$426.0K
$372.7K – $497.0K
NOI $29,819 @ 7.0% cap · market cap 9.18%
Theoretical Best
Office A
$712.3K
$623.3K – $831.1K
NOI $49,864 @ 7.0% cap · market cap 15.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
260
Businesses Nearby
Explore this area
Business Placement
Demographics for 76134, TX
27,362
Population
10,514
Households
2.6
Avg Household Size
34
Median Age
21%
College-Educated
81%
High-School Grad
8.6 sq mi
ZIP Area
3,182
Density / Sq Mi
$67,970
Median Household Income
$36,073
Median Earnings
$1,335
Median Rent
$209,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with recent HVAC replacement, new windows in Unit 1904, and sound-dampening insulation between units.
Where is this duplex located?
The property is located at 1904 San Rafael Street Fort Worth, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Well‑maintained duplex built in 2004 in Fort Worth; Scheduled tenant move‑out: both units have notice to vacate at the end of July; Recent improvements include HVAC system replacement
