Updated Duplex with Garage
For Sale
$625,000
25O8 Hulen Street, Fort Worth, TX 76107
Separately metered residences provide flexible options for traditional or furnished leasing arrangements.
Property Size2,106 SF
Price / SF$296.77
Days on Market56
Property Features for 25O8 Hulen Street
General Information
Standard status
Active
Size
2,106 SF
Property subtype
Multifamily
Site & Location
Neighborhood
Crestline Area
Additional Details
Multifamily Units
2
Building Details
Year Built
1935
Year Renovated
2022
Construction
Craftsman
Listing Agency:
Austin Marketing + Development
(713) 304-7474
Listed By:
Alex Bartram · License #0615893
Source:
Lonestarluxuryrealty
Added: Sep 6
Changed: Oct 29
Last Checked: Oct 30 at 5:05PM
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 Austin Marketing + Development
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Investment Insights
Based on property information with market context.
This duplex property combines a renovated Craftsman residence with a separate garage apartment. The primary home includes 2 bedrooms, 2 bathrooms, a wraparound covered porch, and preserved original details. The companion apartment expands the property’s functional layout and may support guest, office, or rental use as described. Both residences have their own legal addresses, entrances, yards, and utility meters.
Improvements completed in 2022 include a new roof, interior and exterior paint, foundation leveling, updated appliances, flooring, countertops, electrical work, and plumbing. The plumbing scope included full pipe replacement to the street. Built in 1935, the property is located at 25O8 Hulen Street in Fort Worth, Texas, and supports consideration of both traditional 12-month leases and mid-term furnished leasing.
Improvements completed in 2022 include a new roof, interior and exterior paint, foundation leveling, updated appliances, flooring, countertops, electrical work, and plumbing. The plumbing scope included full pipe replacement to the street. Built in 1935, the property is located at 25O8 Hulen Street in Fort Worth, Texas, and supports consideration of both traditional 12-month leases and mid-term furnished leasing.
Key Highlights
- 2,106‑square‑foot duplex property with a main residence and garage apartment
- Main home offers 2 bedrooms and 2 renovated bathrooms
- Restoration work completed in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,872
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$737,440
$737.4K
Cap Rate 7%
$526,743
$526.7K
Cap Rate 9%
$409,689
$409.7K
Market Conditions
NOI Build-Up for 2,106 SF
Gross rent
$58.6K $27.84/SF
− Vacancy
−$6.0K −$2.83/SF
EGI
$52.7K $25.01/SF
− OpEx
−$15.8K −$7.50/SF
NOI
$36.9K $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%
$737,440
Cap Rate 7%
$526,743
Cap Rate 9%
$409,689
Alternative Uses
Best Use
Multifamily LT 5
$526.7K
$460.9K – $614.5K
NOI $36,872 @ 7.0% cap · market cap 5.90%
Second Best
Apartment 5plus
$457.5K
$400.3K – $533.7K
NOI $32,024 @ 7.0% cap · market cap 5.12%
Theoretical Best
Office A
$765.0K
$669.4K – $892.5K
NOI $53,551 @ 7.0% cap · market cap 8.57%
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
628
Businesses Nearby
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Business Placement
Demographics for 76107, TX
31,591
Population
17,957
Households
1.8
Avg Household Size
37
Median Age
55%
College-Educated
91%
High-School Grad
10.7 sq mi
ZIP Area
2,952
Density / Sq Mi
$79,473
Median Household Income
$54,461
Median Earnings
$1,501
Median Rent
$431,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separately metered residences provide flexible options for traditional or furnished leasing arrangements.
Where is this duplex located?
The property is located at 25O8 Hulen Street Fort Worth, TX.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 2,106‑square‑foot duplex property with a main residence and garage apartment; Main home offers 2 bedrooms and 2 renovated bathrooms; Restoration work completed in 2022
