Single-Story
New
For Sale
$495,000
201-203 Yorkshire Court, Euless, TX 76040
ResidentialIncome, Euless, TX
Property Size2,784 SF
Lot Size0.11 Acres
Price / SF$177.80
Days on Market2
Property Features for 201-203 Yorkshire Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 1, Bathroom 3, Bedroom 4
Parking
4
Parking features
Covered, Carport
Patio and Porch features
Porch, Deck
Interior features
DecorativeDesignerLightingFixtures, DoubleVanity, HighSpeedInternet, OpenFloorplan, CableTv, VaultedCeilings, WalkInClosets
Exterior features
RainGutters
Fencing
Fenced
Fireplace
1
Appliances
Dishwasher, ElectricOven, ElectricRange, Disposal
Subdivision
Wilshire Village Square
Lot features
Back Yard, Interior Lot, Lawn, Subdivision
Elementary school
Wilshire
Middle school
Harwood
High school
Trinity
Elementary school district
Hurst-Euless-Bedford ISD
Middle school district
Hurst-Euless-Bedford ISD
High school district
Hurst-Euless-Bedford ISD
Directions
157 South of 183 to Signet, turn right to Yorkshire, turn right. Home is on right towards end of cul-de-sac.
Standard status
Active
APN
04454006
Size
2,784 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
6083
Utilities
Sewer type
Public Sewer
Heating system
Central, Zoned, Electric (Heating)
Cooling system
Electric, Ceiling Fan(s), Central Air, Zoned
Water source
Public
Amenities
vaulted ceilings
split bedrooms
walk-in closets
private fenced yards
wooden decks
Building Details
Year built
1980
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Carpet, Parquet Wood
Building materials
Brick, WoodSiding
Roof type
Composition
Listing Agency:
Sophie Tel Diaz Real Estate
(817) 952-9000
Listed By:
Sophie Diaz · License #0495997
(817) 247-5159
Added: Sep 17
Changed: Sep 18
Last Checked: Sep 18 at 6:06PM
MLS# 21385874
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 single-story duplex contains 2,784 square feet arranged as two residences, each with 2 bedrooms and 2 full bathrooms. Both units feature vaulted ceilings, split-bedroom layouts, walk-in closets, private fenced yards, and decks. Interior improvements include central and zoned electric heating and cooling, open floor plans, decorative lighting, and fireplaces. Covered carport parking, brick and wood siding, composition roofing, public water, and public sewer are also provided.
Both units are leased, with current terms ending March 31, 2027, and August 31, 2027. The property sits on 0.109 acres in Euless, with access to Highways 121, 114, and 360 and proximity to DFW International Airport. Constructed in 1980, the duplex includes separate residential layouts suited to continued rental use.
Both units are leased, with current terms ending March 31, 2027, and August 31, 2027. The property sits on 0.109 acres in Euless, with access to Highways 121, 114, and 360 and proximity to DFW International Airport. Constructed in 1980, the duplex includes separate residential layouts suited to continued rental use.
Key Highlights
- Two‑unit duplex with 2,784 square feet
- Each unit includes 2 bedrooms and 2 full bathrooms
- Current lease terms end March 31, 2027, and August 31, 2027
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,972
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$419,440
$419.4K
Cap Rate 7%
$299,600
$299.6K
Cap Rate 9%
$233,022
$233.0K
Market Conditions
NOI Build-Up for 2,784 SF
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.
Gross rent
$33.7K $12.12/SF
− Vacancy
−$3.8K −$1.36/SF
EGI
$30.0K $10.76/SF
− OpEx
−$9.0K −$3.23/SF
NOI
$21.0K $7.53/SF
Area
Tarrant County, TX
Vacancy
11.21%
Lease Rate
$12.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$419,440
Cap Rate 7%
$299,600
Cap Rate 9%
$233,022
Alternative Uses
Best Use
Multifamily LT 5
$299.6K
$262.2K – $349.5K
NOI $20,972 @ 7.0% cap · market cap 4.24%
Second Best
Apartment 5plus
$260.5K
$227.9K – $303.9K
NOI $18,232 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$979.3K
$856.9K – $1.14M
NOI $68,553 @ 7.0% cap · market cap 13.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
841
Businesses Nearby
Explore this area
Business Placement
Demographics for 76040, TX
31,899
Population
12,912
Households
2.5
Avg Household Size
35
Median Age
30%
College-Educated
88%
High-School Grad
7.8 sq mi
ZIP Area
4,090
Density / Sq Mi
$69,683
Median Household Income
$41,493
Median Earnings
$1,245
Median Rent
$281,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two leased residences offer private fenced yards, vaulted ceilings, and convenient access to major regional routes.
Where is this duplex located?
The property is located at 201-203 Yorkshire Court Euless, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,784 square feet; Each unit includes 2 bedrooms and 2 full bathrooms; Current lease terms end March 31, 2027, and August 31, 2027
