Occupied Duplex
New
For Sale
$195,000
4516 Anchor Ct, Fort Worth, TX 76135
Three-bedroom units include private yards, one-car garages, fireplaces, and open kitchen-living layouts.
Property Size1,016 SF
Price / SF$191.93
Days on Market7
Property Features for 4516 Anchor Ct
General Information
Standard status
Active
Size
1,016 SF
Property subtype
Residential Income
Occupancy
100%
Financials
Asking Price
$385,000
Gross Income
$37,800
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$3,609
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
Momentum Real Estate Group, LLC
Listed By:
Tom Harms · License #0694598
(817) 438-1500
Source:
Exprealty
Added: Sep 17
Changed: Sep 22
Last Checked: Sep 22 at 1:47PM
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 Momentum Real Estate Group, LLC
Investment Insights
Based on property information with market context.
This duplex package includes two properties, with both units fully leased under one-year terms. Each unit provides three bedrooms, two bathrooms, a one-car garage, a wood-burning fireplace, and a private backyard. The interiors feature open connections between the kitchens and living areas. A new roof was installed earlier this year, and one unit has a new HVAC system.
The properties are located near Marine Creek on a quiet cul-de-sac, with access to Eagle Mountain Lake, shopping, and major highways. Both properties are within Eagle MT-Saginaw ISD. The neighboring duplex is included in the package, creating a combined offering of two leased duplex properties.
The properties are located near Marine Creek on a quiet cul-de-sac, with access to Eagle Mountain Lake, shopping, and major highways. Both properties are within Eagle MT-Saginaw ISD. The neighboring duplex is included in the package, creating a combined offering of two leased duplex properties.
Key Highlights
- Two duplex properties offered together as a package
- Both units are fully occupied under one‑year leases
- Each unit has 3 bedrooms, 2 bathrooms, and a one‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,788
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.12%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$355,760
$355.8K
Cap Rate 7%
$254,114
$254.1K
Cap Rate 9%
$197,644
$197.6K
Market Conditions
NOI Build-Up for 1,016 SF
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.
Gross rent
$28.3K $27.84/SF
− Vacancy
−$2.9K −$2.83/SF
EGI
$25.4K $25.01/SF
− OpEx
−$7.6K −$7.50/SF
NOI
$17.8K $17.51/SF
Area
Fort Worth, TX
Vacancy
10.16%
Lease Rate
$27.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$355,760
Cap Rate 7%
$254,114
Cap Rate 9%
$197,644
Alternative Uses
Best Use
Multifamily LT 5
$254.1K
$222.4K – $296.5K
NOI $17,788 @ 7.0% cap · market cap 9.12%
Second Best
Apartment 5plus
$220.7K
$193.1K – $257.5K
NOI $15,449 @ 7.0% cap · market cap 7.92%
Theoretical Best
Office A
$369.1K
$322.9K – $430.6K
NOI $25,835 @ 7.0% cap · market cap 13.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
566
Businesses Nearby
Explore this area
Business Placement
Demographics for 76135, TX
22,009
Population
8,148
Households
2.7
Avg Household Size
37
Median Age
22%
College-Educated
90%
High-School Grad
25.6 sq mi
ZIP Area
860
Density / Sq Mi
$70,590
Median Household Income
$41,535
Median Earnings
$1,210
Median Rent
$250,600
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
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Frequently Asked Questions
What type of property is this?
Duplex - Three-bedroom units include private yards, one-car garages, fireplaces, and open kitchen-living layouts.
Where is this duplex located?
The property is located at 4516 Anchor Ct Fort Worth, TX.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Two duplex properties offered together as a package; Both units are fully occupied under one‑year leases; Each unit has 3 bedrooms, 2 bathrooms, and a one‑car garage
