Duplex with Fenced
For Sale
$329,000
3100 Hale Ave, Fort Worth, TX 76106
Two residential units offer three-bedroom layouts, private fenced outdoor areas, and central electric air conditioning.
Property Size1,960 SF
Price / SF$167.86
Days on Market218
Property Features for 3100 Hale Ave
General Information
Standard status
Active
Size
1,960 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Amenities
ceiling fans
backyard
Building Details
Year Built
2006
Buildings
1
Listing Agency:
Call It Closed Realty
Listed By:
Jed Johnsrud · License #0661162
(945) 225-7211
Source:
Allcitiesusa
Added: Mar 13
Changed: Sep 15
Last Checked: Oct 15 at 12:34AM
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 Call It Closed Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2006, this duplex contains 1,960 square feet across two residential units, with three bedrooms and one full bathroom in each side. Interior features include large living rooms, ceiling fans, ceramic tile, wood finishes, electric cooking appliances, and central electric air conditioning. Each unit also has a fenced backyard with wood fencing and an awning.
Both units are currently vacant after extended occupancy. The property includes electric water heating, cable TV availability, high-speed internet availability, composition roofing, siding, and slab construction. The address is 3100 Hale Avenue in Fort Worth, Texas 76106.
Both units are currently vacant after extended occupancy. The property includes electric water heating, cable TV availability, high-speed internet availability, composition roofing, siding, and slab construction. The address is 3100 Hale Avenue in Fort Worth, Texas 76106.
Key Highlights
- 1,960‑square‑foot duplex built in 2006
- Two units with 3 bedrooms and 1 full bathroom per side
- Both units are currently vacant after extended occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,804
Cap Rate
9.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,080
$596.1K
Cap Rate 7%
$425,771
$425.8K
Cap Rate 9%
$331,156
$331.2K
Market Conditions
NOI Build-Up for 1,960 SF
Gross rent
$60.7K $30.96/SF
− Vacancy
−$6.5K −$3.31/SF
EGI
$54.2K $27.65/SF
− OpEx
−$24.4K −$12.44/SF
NOI
$29.8K $15.21/SF
Area
Fort Worth, TX
Vacancy
10.70%
Lease Rate
$30.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,080
Cap Rate 7%
$425,771
Cap Rate 9%
$331,156
Alternative Uses
Best Use
Multifamily LT 5
$490.2K
$429.0K – $571.9K
NOI $34,316 @ 7.0% cap · market cap 10.43%
Second Best
Apartment 5plus
$425.8K
$372.6K – $496.7K
NOI $29,804 @ 7.0% cap · market cap 9.06%
Theoretical Best
Office A
$712.0K
$623.0K – $830.7K
NOI $49,839 @ 7.0% cap · market cap 15.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
444
Businesses Nearby
Explore this area
Business Placement
Demographics for 76106, TX
36,521
Population
11,543
Households
3.2
Avg Household Size
30
Median Age
6%
College-Educated
54%
High-School Grad
14.5 sq mi
ZIP Area
2,519
Density / Sq Mi
$53,486
Median Household Income
$31,419
Median Earnings
$1,179
Median Rent
$167,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer three-bedroom layouts, private fenced outdoor areas, and central electric air conditioning.
Where is this duplex located?
The property is located at 3100 Hale Ave Fort Worth, TX.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: 1,960‑square‑foot duplex built in 2006; Two units with 3 bedrooms and 1 full bathroom per side; Both units are currently vacant after extended occupancy
