Two-Story Fourplex with
5833 Shadydell Drive Fort Worth, TX 76135
For Sale
$724,900
Well maintained two-story brick fourplex with townhome-style layouts, private fenced patios, and covered parking.
Property Size4,352 SF
Price / SF$166.57
Days on Market222
Property Features for 5833 Shadydell Drive
General Information
- Standard status
- Active
- Size
- 4,352 SF
- Property subtype
- Multi-Family / Fourplex
Building Details
- Year Built
- 1985
Listing Agency:
Monument Realty
(214) 449-2840
Listed By:
Hai Hoang · License #0656235
(214) 449-2840
Source:
Compass
Added: Dec 14, 2025
Changed: Jul 23
Last Checked: Jul 23 at 9:51AM
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 Monument Realty
Investment Insights
Based on property information with market context.
5833 Shadydell Dr is a well maintained two-story brick fourplex offering townhome-style units. Each unit features a functional two-level layout with a spacious living area, kitchen, half bath, and a dedicated laundry area with full-size washer and dryer connection downstairs. Upstairs, units include two bedrooms and a full bathroom. Additional in-unit amenities include wood burning fireplaces, along with private fenced patios and individual storage spaces.
Each unit is assigned two covered parking spaces located at the rear of the building. The property’s units include kitchen appliances, supporting ready-to-rent functionality.
The information provided notes that two units have already been updated, and includes a detailed pricing sheet outlining estimated renovation costs to support renovation planning and projected income improvements.
Each unit is assigned two covered parking spaces located at the rear of the building. The property’s units include kitchen appliances, supporting ready-to-rent functionality.
The information provided notes that two units have already been updated, and includes a detailed pricing sheet outlining estimated renovation costs to support renovation planning and projected income improvements.
Key Highlights
- Well maintained two‑story brick fourplex (4 units) built in 1985 with slab foundation and composition roof
- Townhome‑style units with a two‑level layout: living area, kitchen, half bath, and dedicated laundry area with full‑size washer/dryer connections downstairs
- Each unit has 2 bedrooms upstairs and a full bathroom, plus wood burning fireplace in the living room
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 | $134.7k | $30.96 |
| − Vacancy | −$14.4k | −$3.31 |
| EGI | $120.3k | $27.65 |
| − OpEx | −$54.1k | −$12.44 |
| NOI | $66.2k | $15.21 |
4,352 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.09M
$952.4K – $1.27M
NOI $76,195 @ 7.0% cap · market cap 10.51%
Second Best
Apartment 5plus
$945.4K
$827.2K – $1.10M
NOI $66,177 @ 7.0% cap · market cap 9.13%
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M
NOI $110,663 @ 7.0% cap · market cap 15.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Well maintained two-story brick fourplex with townhome-style layouts, private fenced patios, and covered parking.
Where is this quadplex located?
The property is located at 5833 Shadydell Drive Fort Worth, TX.
What is the asking price?
The asking price for this property is $724,900.
What are key features of this property?
This property features: Well maintained two‑story brick fourplex (4 units) built in 1985 with slab foundation and composition roof; Townhome‑style units with a two‑level layout: living area, kitchen, half bath, and dedicated laundry area with full‑size washer/dryer connections downstairs; Each unit has 2 bedrooms upstairs and a full bathroom, plus wood burning fireplace in the living room
