Residential Income Apartment
301 West Leuda Street Unit A Fort Worth, TX 76104
301 West Leuda Street Unit A, Fort Worth, TX, 76104
$3,500,000
For Sale
$3,500,000
For-sale residential income apartment building offered as Unit A at 301 West Leuda Street.
Property Size16,500 SF
Price / SF$212.12
Days on Market62
Property Features for 301 West Leuda Street Unit A
General Information
- Standard status
- Active
- Size
- 16,500 SF
- Property subtype
- Multi-Family / Apartment/5Plex+
Building Details
- Year Built
- 1925
Listing agency
Cloud Team Realty, Inc
(469) 990-4627
Listed by
Kaylee McMahon · License #0696734
(469) 990-4627
Source
Compass
Added: May 22 Updated: Jul 21 at 1:46PM Checked: Jul 21 at 1:46PM
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 Cloud Team Realty, Inc
Investment Insights
Based on property information with market context.
This for-sale residential income apartment building is offered as Unit A at 301 West Leuda Street in Fort Worth, Texas. The property is listed with an overall size of 16,500 square feet.
The offering is tied directly to the Unit A address at 301 West Leuda Street (Fort Worth, TX 76104). Additional details about unit configuration, amenities, and building conditions are not provided in the available information.
The offering is tied directly to the Unit A address at 301 West Leuda Street (Fort Worth, TX 76104). Additional details about unit configuration, amenities, and building conditions are not provided in the available information.
Key Highlights
- Residential income apartment building listed as Unit A at 301 West Leuda Street
- 22 total units in a 2‑story building with brick, stucco, and wood construction
- Built in 1925 with a pillar/post/pier foundation
Local Financial Insights For Apartment 5plus
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 | $510.8k | $30.96 |
| − Vacancy | −$54.7k | −$3.31 |
| EGI | $456.2k | $27.65 |
| − OpEx | −$205.3k | −$12.44 |
| NOI | $250.9k | $15.21 |
16,500 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$3.58M
$3.14M – $4.18M
NOI $250,899 @ 7.0% cap · market cap 7.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.99M
$5.24M – $6.99M
NOI $419,562 @ 7.0% cap · market cap 11.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Leuda May Apartments
Apartment Complex
Leuda-May Apartments
Apartment Complex
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - For-sale residential income apartment building offered as Unit A at 301 West Leuda Street.
Where is this apartment building located?
The property is located at 301 West Leuda Street Unit A Fort Worth, TX.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Residential income apartment building listed as Unit A at 301 West Leuda Street; 22 total units in a 2‑story building with brick, stucco, and wood construction; Built in 1925 with a pillar/post/pier foundation
