Updated Two-Unit
219 Priddy Lane, Fort Worth, TX 76114
For Sale
New
$345,000
ResidentialIncome, Fort Worth, TX
Property Size1,519 SF
Lot Size0.16 Acres
Price / SF$227.12
Days on Market6
Property Features for 219 Priddy Lane
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Interior features
Appliances
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Water source
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Buildings
Listing Agency:
League Real Estate
(817) 523-9113
Listed By:
Ross Utley · License TX #0657253
(972) 849-9889
Added: Nov 5
Changed: Nov 10
Last Checked: Nov 10 at 8:06PM
MLS# 21428275
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.
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Investment Insights
Based on property information with market context.
This brick duplex contains 1,519 square feet across two units, each configured with two bedrooms and one bathroom. Built in 1952, the property received 2021 upgrades to its roof, plumbing, HVAC, and electrical systems. The 0.158-acre parcel includes driveway, street, and carport parking, along with public water and sewer service.
The property is in Fort Worth’s River District, near the Trinity River and its trail network. The Cultural District, West 7th, Downtown, and neighborhood dining and retail are also identified nearby. A second duplex at 221 & 223 Priddy Lane is available under common ownership, with the option to purchase the properties individually or together.
The property is in Fort Worth’s River District, near the Trinity River and its trail network. The Cultural District, West 7th, Downtown, and neighborhood dining and retail are also identified nearby. A second duplex at 221 & 223 Priddy Lane is available under common ownership, with the option to purchase the properties individually or together.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 1,519 square feet on a 0.158‑acre parcel
- Roof, plumbing, HVAC, and electrical upgrades completed in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,595
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,900
$531.9K
Cap Rate 7%
$379,929
$379.9K
Cap Rate 9%
$295,500
$295.5K
Market Conditions
NOI Build-Up for 1,519 SF
Gross rent
$42.3K $27.84/SF
− Vacancy
−$4.3K −$2.83/SF
EGI
$38.0K $25.01/SF
− OpEx
−$11.4K −$7.50/SF
NOI
$26.6K $17.51/SF
Area
Fort Worth, TX
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%
$531,900
Cap Rate 7%
$379,929
Cap Rate 9%
$295,500
Alternative Uses
Best Use
Multifamily LT 5
$379.9K
$332.4K – $443.3K
NOI $26,595 @ 7.0% cap · market cap 7.71%
Second Best
Apartment 5plus
$330.0K
$288.7K – $385.0K
NOI $23,098 @ 7.0% cap · market cap 6.70%
Theoretical Best
Office A
$551.8K
$482.8K – $643.8K
NOI $38,625 @ 7.0% cap · market cap 11.20%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
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Business Placement
Demographics for 76114, TX
26,676
Population
10,648
Households
2.5
Avg Household Size
36
Median Age
18%
College-Educated
76%
High-School Grad
9.7 sq mi
ZIP Area
2,750
Density / Sq Mi
$61,055
Median Household Income
$40,145
Median Earnings
$1,231
Median Rent
$195,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Fort Worth, TX
Properties on Market for Duplexes in Fort Worth
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer a consistent two-bedroom, one-bathroom layout, with major building systems improved in 2021.
Where is this duplex located?
The property is located at 219 Priddy Lane Fort Worth, TX.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,519 square feet on a 0.158‑acre parcel; Roof, plumbing, HVAC, and electrical upgrades completed in 2021
