New Construction
2640-2642 Hutchinson Street Fort Worth, TX 76106
For Sale
$539,000
Brand-new, never-lived-in duplex with matching unit floorplans, 3 bedrooms, 2.5 baths, and a 1-car garage.
Property Size2,730 SF
Price / SF$197.44
Days on Market316
Property Features for 2640-2642 Hutchinson Street
General Information
Standard status
Active
Size
2,730 SF
Property subtype
Multi-Family / Full Duplex
Building Details
Year Built
2025
Listing Agency:
eXp Realty LLC
(817) 372-9575
Listed By:
Don Lawyer · License #0369864
(817) 372-9575
Source:
Compass
Added: Sep 18, 2025
Changed: Jul 21
Last Checked: Jul 29 at 1:32PM
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 eXp Realty LLC
Investment Insights
Based on property information with market context.
This brand-new duplex has never been lived in and features a matching layout on each side. Each unit offers 3 bedrooms, 2.5 bathrooms, and a 1-car garage. Interiors are built around an open-concept design, with the primary suite on the main level and two additional bedrooms located upstairs.
The kitchen includes quartz countertops and stainless steel appliances, and the home is finished with durable luxury vinyl plank flooring throughout. The property backs to a dry creek, providing open space behind the units.
Additional duplexes at 2644-46 are also for sale with the same floorplan and pricing, and 2636-38 is planned to be built after the first two buildings are sold.
The kitchen includes quartz countertops and stainless steel appliances, and the home is finished with durable luxury vinyl plank flooring throughout. The property backs to a dry creek, providing open space behind the units.
Additional duplexes at 2644-46 are also for sale with the same floorplan and pricing, and 2636-38 is planned to be built after the first two buildings are sold.
Key Highlights
- Brand‑new duplex in Fort Worth with two total units and 2025 construction—never lived in
- Each unit features 3 bedrooms, 2.5 baths, and a 1‑car garage with the same floor plan
- Open‑concept layout with a main‑level primary suite and two additional bedrooms upstairs
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 | $76.0k | $27.84 |
| − Vacancy | −$7.7k | −$2.83 |
| EGI | $68.3k | $25.01 |
| − OpEx | −$20.5k | −$7.50 |
| NOI | $47.8k | $17.51 |
2,730 SF · lease $27.84/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$682.8K
$597.5K – $796.6K
NOI $47,797 @ 7.0% cap · market cap 8.87%
Second Best
Apartment 5plus
$593.0K
$518.9K – $691.9K
NOI $41,512 @ 7.0% cap · market cap 7.70%
Theoretical Best
Office A
$991.7K
$867.7K – $1.16M
NOI $69,418 @ 7.0% cap · market cap 12.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Brand-new, never-lived-in duplex with matching unit floorplans, 3 bedrooms, 2.5 baths, and a 1-car garage.
Where is this duplex located?
The property is located at 2640-2642 Hutchinson Street Fort Worth, TX.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Brand‑new duplex in Fort Worth with two total units and 2025 construction—never lived in; Each unit features 3 bedrooms, 2.5 baths, and a 1‑car garage with the same floor plan; Open‑concept layout with a main‑level primary suite and two additional bedrooms upstairs
