Assisted Living Facility with
For Sale
$550,000
907 E Humbolt St, Fort Worth, TX 76104
Purpose-built care facility with bedrooms, multiple baths, kitchen, dining room, and administrative office.
Property Size2,692 SF
Price / SF$204.31
Days on Market35
Property Features for 907 E Humbolt St
General Information
Standard status
Active
Size
2,692 SF
Additional Details
Sprinkler System
Yes
Building Details
Year Built
2026
Listing Agency:
Momentum Real Estate Group,LLC
(682) 271-9070
Listed By:
Matthew Brown · License #0654734
Source:
Realtexasrealty
Added: Jul 26
Changed: Aug 28
Last Checked: Aug 25 at 5:20AM
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 assisted living facility contains 2,692 total square feet, including 2,489 square feet under air conditioning. The layout provides four bedrooms, two full bathrooms, and four half bathrooms, along with a centralized kitchen, separate dining room, and dedicated executive office. A commercial fire sprinkler system and advanced fire alarm system are installed. The property was built in 2026.
Located at 907 E Humbolt St in Fort Worth’s Historic Southside, the facility is positioned within the Evans & Rosedale Urban Village Redevelopment. The surrounding project includes mixed-use retail, dining, and affordable housing under active construction.
Located at 907 E Humbolt St in Fort Worth’s Historic Southside, the facility is positioned within the Evans & Rosedale Urban Village Redevelopment. The surrounding project includes mixed-use retail, dining, and affordable housing under active construction.
Key Highlights
- 2,692 total SF, including 2,489 SF under AC
- Four bedrooms with 2 full baths and 4 half baths
- Commercial fire sprinkler and advanced fire alarm systems installed
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
$40,935
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
7.44%
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%
$818,700
$818.7K
Cap Rate 7%
$584,786
$584.8K
Cap Rate 9%
$454,833
$454.8K
Market Conditions
NOI Build-Up for 2,692 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
$83.3K $30.96/SF
− Vacancy
−$8.9K −$3.31/SF
EGI
$74.4K $27.65/SF
− OpEx
−$33.5K −$12.44/SF
NOI
$40.9K $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 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%
$818,700
Cap Rate 7%
$584,786
Cap Rate 9%
$454,833
Alternative Uses
Best Use
Apartment 5plus
$584.8K
$511.7K – $682.3K
NOI $40,935 @ 7.0% cap · market cap 7.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$977.9K
$855.7K – $1.14M
NOI $68,452 @ 7.0% cap · market cap 12.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
2,121
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76104, TX
21,571
Population
9,605
Households
2.2
Avg Household Size
32
Median Age
21%
College-Educated
74%
High-School Grad
5.9 sq mi
ZIP Area
3,656
Density / Sq Mi
$56,848
Median Household Income
$38,131
Median Earnings
$1,385
Median Rent
$145,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Assisted living facility - Purpose-built care facility with bedrooms, multiple baths, kitchen, dining room, and administrative office.
Where is this assisted living facility located?
The property is located at 907 E Humbolt St Fort Worth, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2,692 total SF, including 2,489 SF under AC; Four bedrooms with 2 full baths and 4 half baths; Commercial fire sprinkler and advanced fire alarm systems installed
