Side-by-Side Duplex
7705 Navajo Trail Unit 7705 Lake Worth, TX 76135
7705 Navajo Trail Unit 7705, Lake Worth, TX, 76135
$389,000
For Sale
$389,000
Two adjacent homes each offer 2 bedrooms, 1 full bath, with one unit tenant-occupied and the other vacant.
Property Size1,999 SF
Price / SF$194.60
Days on Market31
Property Features for 7705 Navajo Trail Unit 7705
General Information
- Standard status
- Active
- Size
- 1,999 SF
- Property subtype
- Multi-Family / Multiple Single Units
Building Details
- Year Built
- 1966
Listing agency
Keller Williams Fort Worth
(817) 808-9464
Listed by
Kristen Holle · License #0716804
(817) 808-9464
Source
Compass
Added: Jun 22 Updated: Jul 21 at 9:03PM Checked: Jul 21 at 9:03PM
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 Keller Williams Fort Worth
Investment Insights
Based on property information with market context.
This for-sale duplex package features two homes side by side. Each home includes 2 bedrooms and 1 full bath, along with an open-concept living and dining area. One of the homes is currently tenant-occupied, offering immediate rental income, while the second home is vacant and ready for a new tenant or owner-occupant.
The property is conveniently located with quick access to Loop 820, and it is just minutes from shopping, grocery stores, restaurants, and the amenities Lake Worth has to offer.
Offered as a two-home combination, the configuration provides flexibility for investors seeking rental income and for buyers looking to occupy one unit while the other remains available.
The property is conveniently located with quick access to Loop 820, and it is just minutes from shopping, grocery stores, restaurants, and the amenities Lake Worth has to offer.
Offered as a two-home combination, the configuration provides flexibility for investors seeking rental income and for buyers looking to occupy one unit while the other remains available.
Key Highlights
- Two adjacent one‑story homes, each with 2 bedrooms and 1 full bath (2 total units)
- One home is tenant‑occupied for immediate rental income; the second is vacant and ready for a new tenant or owner‑occupant
- Central heating and central air in both homes
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 | $24.2k | $12.12 |
| − Vacancy | −$2.7k | −$1.36 |
| EGI | $21.5k | $10.76 |
| − OpEx | −$6.5k | −$3.23 |
| NOI | $15.1k | $7.53 |
1,999 SF · lease $12.12/SF/yr · vacancy 11.21% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$215.1K
$188.2K – $251.0K
NOI $15,058 @ 7.0% cap · market cap 3.87%
Second Best
Apartment 5plus
$187.0K
$163.6K – $218.2K
NOI $13,091 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$703.2K
$615.3K – $820.4K
NOI $49,223 @ 7.0% cap · market cap 12.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two adjacent homes each offer 2 bedrooms, 1 full bath, with one unit tenant-occupied and the other vacant.
Where is this duplex located?
The property is located at 7705 Navajo Trail Unit 7705 Lake Worth, TX.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Two adjacent one‑story homes, each with 2 bedrooms and 1 full bath (2 total units); One home is tenant‑occupied for immediate rental income; the second is vacant and ready for a new tenant or owner‑occupant; Central heating and central air in both homes
