New Construction Duplex
2640-2642 Hutchinson Street Fort Worth, TX 76106
2640-2642 Hutchinson Street, Fort Worth, TX, 76106
$539,000
For Sale
$539,000
MULTI_FAMILY - Fort Worth, TX
Property Size2,730 SF
Price / SF$197.44
Days on Market34
Property Features for 2640-2642 Hutchinson Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bathroom 6, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 6, Bathroom 4, Bathroom 2, Bedroom 5, Bathroom 5, Bedroom 2, Bathroom 3
- Parking
- 2
- Parking features
- Boat, RV
- Interior features
- EatInKitchen, GraniteCounters, HighSpeedInternet, OpenFloorplan, CableTv
- Appliances
- Dishwasher, ElectricRange, Disposal
- Standard status
- Active
- APN
- 00705632
- Size
- 2,730 SF
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Brick
- Roof type
- Composition
Listing Agency
eXp Realty LLC
(888) 519-7431
Austin, TX
Listed by
Don Lawyer · License #0369864
(888) 519-7431
Added: Jun 17 Updated: Jul 17 at 1:45 pm Checked: Jul 20 at 8:06 pm
MLS# 21084846
Listing URL
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.
Investment Insights
Based on property information with market context.
This brand-new duplex has never been lived in and offers a matching, side-by-side layout across both residences. Each side features 3 bedrooms and 2.5 baths with an open-concept design, a primary suite conveniently located on the main level, and two additional bedrooms upstairs. A 1-car garage serves each unit. Interior finishes include luxury vinyl plank flooring throughout, a kitchen with quartz countertops, and stainless steel appliances, creating a clean, contemporary look ready for immediate occupancy. The configuration backs to a dry creek, helping provide privacy by placing no neighbors behind the property.
The seller notes this duplex is part of a small planned grouping, with 2644-46 Hutchinson Street also being offered with the same floorplan and price. Additional construction at 2636-38 Hutchinson Street is planned after the first two buildings are sold. The current offering includes tenant occupancy, as indicated in the remarks, and the seller references projected gross income.
For investors and owner-occupants seeking a low-hassle, turn-key residential income property, this duplex’s identical unit layouts and durable, modern finishes can simplify management and leasing. The dry creek back drop adds a practical privacy benefit, while the upstairs bedroom arrangement supports flexible use for roommates, guests, or household needs.
The seller notes this duplex is part of a small planned grouping, with 2644-46 Hutchinson Street also being offered with the same floorplan and price. Additional construction at 2636-38 Hutchinson Street is planned after the first two buildings are sold. The current offering includes tenant occupancy, as indicated in the remarks, and the seller references projected gross income.
For investors and owner-occupants seeking a low-hassle, turn-key residential income property, this duplex’s identical unit layouts and durable, modern finishes can simplify management and leasing. The dry creek back drop adds a practical privacy benefit, while the upstairs bedroom arrangement supports flexible use for roommates, guests, or household needs.
Key Highlights
- Brand‑new duplex under construction (Year Built 2025) in Fort Worth with projected $54,000 gross income
- Duplex layout offers 3 bedrooms and 2.5 baths per side with an open floor plan
- Kitchen features include quartz countertops and stainless steel appliances
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 | $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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Never-lived-in duplex with matching layouts, modern finishes, and a dry creek backdrop behind each unit.
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 under construction (Year Built 2025) in Fort Worth with projected $54,000 gross income; Duplex layout offers 3 bedrooms and 2.5 baths per side with an open floor plan; Kitchen features include quartz countertops and stainless steel appliances
