Duplex with Updated
New
For Sale
$275,000
7505 Tiffany Meadows Lane, Fort Worth, TX 76140
One residence is leased through February 2028, while the second is vacant and ready for occupancy.
Property Size1,118 SF
Price / SF$245.97
Days on Market6
Property Features for 7505 Tiffany Meadows Lane
General Information
Standard status
Active
Size
1,118 SF
Total Parking Spaces
4
Property subtype
Residential Income
Site & Location
Neighborhood
East Altamesa
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Amenities
Eat-In Kitchen
Building Details
Building Size
1,118 SF
Year Built
1984
Buildings
1
Stories
1
Units
2
Listing Agency:
McCaw Properties
(817) 491-2553
Listed By:
Melanie Steele · License #0643943
(817) 366-0415
Source:
Freedomrealtyllc
Added: Oct 26
Changed: Oct 27
Last Checked: Oct 31 at 1:22AM
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 McCaw Properties
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Investment Insights
Based on property information with market context.
This 1984 duplex includes two residences with differing occupancy status: one has a lease extending through February 2028, and the other is vacant and ready for a new occupant. Both units are part of the sale.
The updated residence has vaulted ceilings, wood-look flooring in the main living areas, and a fireplace. Its open living and dining area connects to a kitchen with white cabinetry, generous counter space, and a breakfast bar. Bedrooms have carpet, and the refreshed bathrooms feature tiled tub surrounds. The building has a brick exterior.
The updated residence has vaulted ceilings, wood-look flooring in the main living areas, and a fireplace. Its open living and dining area connects to a kitchen with white cabinetry, generous counter space, and a breakfast bar. Bedrooms have carpet, and the refreshed bathrooms feature tiled tub surrounds. The building has a brick exterior.
Key Highlights
- Two residences included in the sale
- One unit leased through February 2028; the second is vacant
- Updated unit has vaulted ceilings, a fireplace, and wood‑look flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,574
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,480
$391.5K
Cap Rate 7%
$279,629
$279.6K
Cap Rate 9%
$217,489
$217.5K
Market Conditions
NOI Build-Up for 1,118 SF
Gross rent
$31.1K $27.84/SF
− Vacancy
−$3.2K −$2.83/SF
EGI
$28.0K $25.01/SF
− OpEx
−$8.4K −$7.50/SF
NOI
$19.6K $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 Rate 5%
$391,480
Cap Rate 7%
$279,629
Cap Rate 9%
$217,489
Alternative Uses
Best Use
Multifamily LT 5
$279.6K
$244.7K – $326.2K
NOI $19,574 @ 7.0% cap · market cap 7.12%
Second Best
Apartment 5plus
$242.9K
$212.5K – $283.3K
NOI $17,000 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$406.1K
$355.4K – $473.8K
NOI $28,429 @ 7.0% cap · market cap 10.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
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Business Placement
Demographics for 76140, TX
32,623
Population
10,705
Households
3
Avg Household Size
32
Median Age
18%
College-Educated
79%
High-School Grad
27.3 sq mi
ZIP Area
1,195
Density / Sq Mi
$73,215
Median Household Income
$37,780
Median Earnings
$1,590
Median Rent
$207,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is leased through February 2028, while the second is vacant and ready for occupancy.
Where is this duplex located?
The property is located at 7505 Tiffany Meadows Lane Fort Worth, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two residences included in the sale; One unit leased through February 2028; the second is vacant; Updated unit has vaulted ceilings, a fireplace, and wood‑look flooring
