2609 McCart Avenue Fort Worth, TX 76110
Duplex with income potential near TCU, Magnolia, and downtown.
Property Features for 2609 McCart Avenue
General Information
- Standard status
- Active
- Size
- 3,927 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 2017
Listing office Compass (817) 584-7033
Listing date Apr 4, 2026
Source Compass
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Investment Insights
Based on property information with market context.
Key Highlights
- Immediate income potential as a well‑maintained duplex.
- Prime location near TCU, Magnolia Avenue, and downtown Fort Worth.
- Located in a rapidly evolving neighborhood poised for redevelopment and appreciation.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $109.3k | $27.84 |
| − Vacancy | −$11.1k | −$2.83 |
| EGI | $98.2k | $25.01 |
| − OpEx | −$29.5k | −$7.50 |
| NOI | $68.8k | $17.51 |
