Modern Duplex with Gated
For Sale
$479,000
5836 Eastland St, Fort Worth, TX 76119
Two-unit property with contemporary finishes, private laundry, fencing, and controlled vehicle access.
Property Size2,618 SF
Price / SF$182.96
Days on Market60
Property Features for 5836 Eastland St
General Information
Standard status
Active
Size
2,618 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Carver Heights East
Units
Unit Mix
1 x 3BR/2.5BA, 1 x 2BR/2.5BA
Multifamily Units
2
Amenities
in-unit laundry
fully fenced
automatic gate
Building Details
Year Built
2025
Buildings
1
Listing Agency:
Conger Group Texas
Listed By:
Kasie Dudley · License #0686718
(682) 888-9865
Source:
Findtexashomesforsale
Added: Sep 5
Changed: Nov 1
Last Checked: Nov 1 at 5:45AM
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 Conger Group Texas
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.
Completed in 2025, this duplex contains two separate residences with a 3-bedroom, 2.5-bath layout and a 2-bedroom, 2.5-bath layout. Both units provide open living and kitchen areas, luxury vinyl plank flooring, granite countertops, soft-close cabinets, stainless steel appliances, and in-unit laundry. The property is enclosed by fencing and includes an automatic entry gate.
The 2-bedroom residence is leased through June 30, 2027. The 3-bedroom residence is being used for short-term contract stays through PadSplit, giving the property two distinct operating arrangements. Located at 5836/5840 Eastland St in Fort Worth, the duplex combines recent construction with existing rental activity and a flexible unit configuration.
The 2-bedroom residence is leased through June 30, 2027. The 3-bedroom residence is being used for short-term contract stays through PadSplit, giving the property two distinct operating arrangements. Located at 5836/5840 Eastland St in Fort Worth, the duplex combines recent construction with existing rental activity and a flexible unit configuration.
Key Highlights
- Built in 2025 with two separate residential units
- Unit mix includes 3 bedrooms and 2.5 bathrooms plus 2 bedrooms and 2.5 bathrooms
- Both residences feature open‑concept living and kitchen areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,809
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$796,180
$796.2K
Cap Rate 7%
$568,700
$568.7K
Cap Rate 9%
$442,322
$442.3K
Market Conditions
NOI Build-Up for 2,618 SF
Gross rent
$81.1K $30.96/SF
− Vacancy
−$8.7K −$3.31/SF
EGI
$72.4K $27.65/SF
− OpEx
−$32.6K −$12.44/SF
NOI
$39.8K $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%
$796,180
Cap Rate 7%
$568,700
Cap Rate 9%
$442,322
Alternative Uses
Best Use
Multifamily LT 5
$654.8K
$573.0K – $763.9K
NOI $45,836 @ 7.0% cap · market cap 9.57%
Second Best
Apartment 5plus
$568.7K
$497.6K – $663.5K
NOI $39,809 @ 7.0% cap · market cap 8.31%
Theoretical Best
Office A
$951.0K
$832.1K – $1.11M
NOI $66,571 @ 7.0% cap · market cap 13.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
Explore this area
Business Placement
Demographics for 76119, TX
50,850
Population
16,697
Households
3
Avg Household Size
32
Median Age
8%
College-Educated
66%
High-School Grad
15.9 sq mi
ZIP Area
3,198
Density / Sq Mi
$46,537
Median Household Income
$29,387
Median Earnings
$1,234
Median Rent
$146,100
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-unit property with contemporary finishes, private laundry, fencing, and controlled vehicle access.
Where is this duplex located?
The property is located at 5836 Eastland St Fort Worth, TX.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Built in 2025 with two separate residential units; Unit mix includes 3 bedrooms and 2.5 bathrooms plus 2 bedrooms and 2.5 bathrooms; Both residences feature open‑concept living and kitchen areas
