4-Unit
213 Cambridge Drive, Saginaw, TX 76179
For Sale
$850,000
Each residence has two bedrooms, one-and-a-half baths, a laundry area, and a wood-burning fireplace.
Property Size4,176 SF
Price / SF$203.54
Days on Market9
Property Features for 213 Cambridge Drive
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Amenities
wood burning fireplace
kitchen with range and dishwasher
laundry area
small open patio with fenced area
Building Details
Building Size
Year Built
Listing Agency:
Texas Sold Team Realty, LLC
Listed By:
Cynthia Stewart · License #0426888
(817) 881-4482
Source:
Theescalantegroup
Added: Nov 1
Changed: Nov 7
Last Checked: Nov 8 at 3:43PM
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 Texas Sold Team Realty, LLC
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Investment Insights
Based on property information with market context.
Built in 1983, this 4,176-square-foot quadplex contains four residences with a consistent two-bedroom, one-and-a-half-bath layout. Each includes a living area, kitchen with a range and dishwasher, laundry area, and wood-burning fireplace. Flooring, paint, and fixtures vary among the units. Each residence also has a small open patio with a fenced area.
The property is in Saginaw, near shopping and freeway access.
The property is in Saginaw, near shopping and freeway access.
Key Highlights
- Four residential units totaling 4,176 square feet
- Each unit has two bedrooms and 1.5 baths
- Wood‑burning fireplace in each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,113
Cap Rate
8.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,462,260
$1.5M
Cap Rate 7%
$1,044,471
$1.0M
Cap Rate 9%
$812,367
$812.4K
Market Conditions
NOI Build-Up for 4,176 SF
Gross rent
$116.3K $27.84/SF
− Vacancy
−$11.8K −$2.83/SF
EGI
$104.4K $25.01/SF
− OpEx
−$31.3K −$7.50/SF
NOI
$73.1K $17.51/SF
Area
ZIP 76179
Vacancy
10.16%
Lease Rate
$27.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,462,260
Cap Rate 7%
$1,044,471
Cap Rate 9%
$812,367
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$913.9K – $1.22M
NOI $73,113 @ 7.0% cap · market cap 8.60%
Second Best
Apartment 5plus
$907.1K
$793.8K – $1.06M
NOI $63,500 @ 7.0% cap · market cap 7.47%
Theoretical Best
Office A
$1.40M
$1.23M – $1.63M
NOI $98,019 @ 7.0% cap · market cap 11.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
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Business Placement
Demographics for 76179, TX
68,333
Population
26,227
Households
2.6
Avg Household Size
34
Median Age
31%
College-Educated
92%
High-School Grad
51.9 sq mi
ZIP Area
1,317
Density / Sq Mi
$108,428
Median Household Income
$53,878
Median Earnings
$1,840
Median Rent
$299,300
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Tarrant County, TX
Properties on Market for Quadplexes in Tarrant County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has two bedrooms, one-and-a-half baths, a laundry area, and a wood-burning fireplace.
Where is this quadplex located?
The property is located at 213 Cambridge Drive Saginaw, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Four residential units totaling 4,176 square feet; Each unit has two bedrooms and 1.5 baths; Wood‑burning fireplace in each residence
