Detached Duplex Income
3109 Karen Street Fort Worth, TX 76116
3109 Karen Street, Fort Worth, TX, 76116
$660,000
For Sale
Under Contract
$660,000
MULTI_FAMILY - Fort Worth, TX
Property Size3,232 SF
Lot Size0.43 Acres
Price / SF$204.21
Days on Market9
Property Features for 3109 Karen Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bedroom 4, Bathroom 6, Bedroom 5, Bathroom 1, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 5, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 4
- Parking
- 2
- Parking features
- Driveway
- Interior features
- DecorativeDesignerLightingFixtures, DoubleVanity, KitchenIsland, OpenFloorplan, WalkInClosets
- Appliances
- Dishwasher, Microwave
- Standard status
- Active Under Contract
- APN
- 43189442
- Size
- 3,232 SF
- Lot size
- 0.43 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Brick
- Roof type
- Shingle
Listing agency
Compass RE Texas , LLC
(214) 814-8100
Listed by
Daisy Gonzalez · License #0793282
(214) 814-8100
Added: Jul 13 Updated: Jul 17 at 1:45PM Checked: Jul 21 at 3:06PM
MLS# 21291796
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.
New construction duplex featuring two fully detached units designed to provide a single-family feel within an income-producing structure. Each unit includes an open-concept main level with living, dining, and a modern kitchen with a large center island and abundant cabinetry. A powder bath is located downstairs, and all bedrooms are upstairs. The primary suite includes a private ensuite bathroom, while the two secondary bedrooms share a full bathroom. Each unit also has a 2-car garage, and the property sits on an oversized lot with expansive backyard space.
The address is 3109 Karen Street in Fort Worth, TX 76116, in Tarrant County. Public remarks indicate convenient access to major highways and that the location is about 15 minutes from Downtown Fort Worth.
With 3 bedrooms and 2.5 bathrooms per unit, this duplex configuration supports residential income use while maintaining distinct, fully detached living spaces.
The address is 3109 Karen Street in Fort Worth, TX 76116, in Tarrant County. Public remarks indicate convenient access to major highways and that the location is about 15 minutes from Downtown Fort Worth.
With 3 bedrooms and 2.5 bathrooms per unit, this duplex configuration supports residential income use while maintaining distinct, fully detached living spaces.
Key Highlights
- New construction duplex with two fully detached units, each with 1,616 SF of living space
- Each unit features 3 bedrooms, 2.5 bathrooms, and an attached 2‑car garage
- Open‑concept floor plan with a kitchen island, double vanity, and walk‑in closets
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 | $90.0k | $27.84 |
| − Vacancy | −$9.1k | −$2.83 |
| EGI | $80.8k | $25.01 |
| − OpEx | −$24.3k | −$7.50 |
| NOI | $56.6k | $17.51 |
3,232 SF · lease $27.84/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$808.4K
$707.3K – $943.1K
NOI $56,586 @ 7.0% cap · market cap 8.57%
Second Best
Apartment 5plus
$702.1K
$614.3K – $819.1K
NOI $49,146 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,183 @ 7.0% cap · market cap 12.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - New construction duplex offers two fully detached homes with 3 bedrooms, 2.5 baths, and a 2-car garage each.
Where is this duplex located?
The property is located at 3109 Karen Street Fort Worth, TX.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: New construction duplex with two fully detached units, each with 1,616 SF of living space; Each unit features 3 bedrooms, 2.5 bathrooms, and an attached 2‑car garage; Open‑concept floor plan with a kitchen island, double vanity, and walk‑in closets
