Near TCU Investment
3545 Rashti Court Fort Worth, TX 76109
3545 Rashti Court, Fort Worth, TX, 76109
$1,920,000
For Sale
$1,920,000
Newer duplex near TCU, fully leased through 2028.
Property Size5,084 SF
Price / SF$377.66
Days on Market181
Property Features for 3545 Rashti Court
General Information
- Standard status
- Active
- Size
- 5,084 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 2018
Listing Agency
Chisholm, REALTORS
(817) 543-8999
Listed by
Michael Reeder · License #0500434
(817) 543-8999
Source
Compass
Added: Jan 21 Updated: Jul 10 at 12:22 pm Checked: Jul 19 at 4:48 am
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 Chisholm, REALTORS
Investment Insights
Based on property information with market context.
This newer-construction duplex, built in 2018, presents an investment opportunity in a location near TCU. Each side of the duplex includes 6 bedrooms and 6 full bathrooms, totaling 12 bedrooms and 12 bathrooms. The property is suitable for student housing or high-demand rental use. Both units are fully leased with long-term occupancy; one unit is leased through Summer 2027 and the other through 2028, providing cash flow. The property has a cap rate near 7% and a consistent rental history. The location provides access to TCU, shopping, dining, and entertainment options. The property size is 5084 square feet.
Key Highlights
- High‑demand location near TCU ensures consistent rental income.
- Fully leased through Summer 2027 and 2028, providing immediate and reliable cash flow.
- Impressive cap rate near 7% indicates strong investment returns.
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 | $141.5k | $27.84 |
| − Vacancy | −$14.4k | −$2.83 |
| EGI | $127.2k | $25.01 |
| − OpEx | −$38.1k | −$7.50 |
| NOI | $89.0k | $17.51 |
5,084 SF · lease $27.84/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.27M
$1.11M – $1.48M
NOI $89,011 @ 7.0% cap · market cap 4.64%
Second Best
Apartment 5plus
$1.10M
$966.3K – $1.29M
NOI $77,307 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$1.85M
$1.62M – $2.15M
NOI $129,276 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Newer duplex near TCU, fully leased through 2028.
Where is this duplex located?
The property is located at 3545 Rashti Court Fort Worth, TX.
What is the asking price?
The asking price for this property is $1,920,000.
What are key features of this property?
This property features: High‑demand location near TCU ensures consistent rental income.; Fully leased through Summer 2027 and 2028, providing immediate and reliable cash flow.; Impressive cap rate near 7% indicates strong investment returns.
