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    Brand-New Duplex With Open-Concept Layout Title is generated by Realmo AI

    2644-2646 Hutchinson Street, Fort Worth, TX 76106

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    For Sale
    $539,000

    MULTI_FAMILY - Fort Worth, TX

    Added:
    Apr 6, 2026
    Days on Market:
    61
    Last Refresh:
    Jun 5 at 3:06 am

    Property Features for 2644-2646 Hutchinson Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Bedrooms
    6
    Bathrooms
    5
    Rooms
    Bedroom 1, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 2, Bathroom 5, Bedroom 5, Bathroom 1
    Parking
    1
    Parking features
    Boat, RV
    Interior features
    EatInKitchen, GraniteCounters, HighSpeedInternet, OpenFloorplan, CableTv
    Appliances
    Dishwasher, ElectricRange, Disposal
    Standard status
    Active
    APN
    00705632

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric, Ceiling Fan(s)
    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

    We can help!

    Listing Contact
    Don Lawyer
    Don Lawyer

    Listing agent Don Lawyer License #0369864

    Listing office eXp Realty LLC Austin, TX

    Listing date Apr 6, 2026

    MLS# 21221604 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.

    HighLights

    • Brand‑new duplex under construction (Year built 2025) in Fort Worth; never lived in
    • Planned layout for each side: 3 bedrooms, 2.5 baths, and a 1‑car garage with the same floor plan
    • Open floor plan with primary suite on the main level; 2 additional bedrooms upstairs
    • Kitchen with granite counters, eat‑in area, and stainless steel appliances including dishwasher, electric range, and disposal
    • Central electric HVAC with central air and ceiling fans; high‑speed internet and cable TV available
    • Backs to a dry creek (no neighbors behind); public water and public sewer; brick construction and composition roof

    Overview

    A brand-new, never-lived-in duplex features two identical floor plans, each offering three bedrooms and 2.5 bathrooms, along with a 1-car garage. Interiors are designed with an open-concept layout that connects the main living spaces, and the primary suite is conveniently located on the main level. Two additional bedrooms are positioned upstairs for added privacy and separation of living areas. The kitchen is finished with quartz countertops and stainless steel appliances, and the home includes durable luxury vinyl plank flooring throughout.

    Located in Fort Worth, the duplex backs to a dry creek, helping provide open space behind the property with no neighbors directly behind. The seller indicates that 2640-2642 is also for sale but is currently tenant-occupied, and that 2636-38 will be built after the first two buildings are sold.

    This property should appeal to owner-occupants and investors looking for a turn-key, low-wear rental setup with matching units for streamlined management. With the identical layouts and contemporary finishes, it offers a practical foundation for consistent tenant appeal, while the thoughtful bedroom arrangement can support a wide range of household needs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.330897
    Latitude
    32.793532

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    FAQs

    What type of property is this?
    Duplex - Newly built duplex with matching units, open-concept living, and finishes including quartz countertops and stainless appliances.
    Where is this duplex located?
    The property is located at 2644-2646 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; never lived in; Planned layout for each side: 3 bedrooms, 2.5 baths, and a 1‑car garage with the same floor plan; Open floor plan with primary suite on the main level; 2 additional bedrooms upstairs
    (888) 519-7431
    We can help!
    Listing Contact
    Don Lawyer
    Don Lawyer
    Real Estate License ID: 0369864
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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