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    Luxury Condo Residences Title is generated by Realmo AI

    9216 Live Oak Lane, Fort Worth, TX 76179

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    For Sale
    $1,400,000

    MULTI_FAMILY - Fort Worth, TX

    Property size:
    3,400 SF
    Lot size:
    0.96 Acres
    Price / SF:
    $411/SF
    Added:
    May 8, 2026
    Days on Market:
    27
    Last Refresh:
    Jun 3 at 10:06 am

    Property Features for 9216 Live Oak Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Bedrooms
    3
    Bathrooms
    4
    Rooms
    Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 2, Bathroom 1
    Parking
    3
    Parking features
    Parking Lot
    Interior features
    OpenFloorplan
    Exterior features
    BoatSlip, PermeablePaving
    Appliances
    ElectricRange
    Standard status
    Active
    APN
    04291603
    Size
    3,400 SF
    Lot size
    0.96 Acres

    Taxes and HOA fees

    Tax Description
    Armendaris, Juan Survey Abstract 1765 Tract 1
    Tax Annual Amount
    16335

    Utilities

    Heating system
    Central
    Cooling system
    Ceiling Fan(s)
    Water source
    Public
    Water front features
    Waterfront, Lake Front
    Water front
    1

    Building Details

    Year built
    2026
    Floors in Building
    3
    Number of units
    1
    Flooring type
    Vinyl
    Building materials
    StoneVeneer, WoodSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Joshua Hammonds

    Listing agent Joshua Hammonds License #0823491

    Listing office Monument Realty Frisco, TX

    Listing date May 8, 2026

    MLS# 21249755 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Under construction (2026) new 4‑story luxury condo in Fort Worth Boat Club Terrace with Lake Front/Eagle Mountain Lake views
    • Approx. 3,400 SF with 4 bedrooms and 4 bathrooms, plus private elevator access to every level
    • Open floorplan with central heating, ceiling fans, and vinyl flooring; electric range included
    • Chef‑inspired kitchen features custom cabinetry, premium appliances, and wine storage (waterfront lake living community)
    • Private rooftop terrace with an outdoor kitchen, plus metal roof and stone veneer/wood siding exterior
    • Boat slip and private boat dock access, along with a luxury community pool; parking lot included

    Overview

    These new-construction luxury condo residences feature a four-story layout with private elevator access to each level. Homes are designed around an open-concept living area with natural light and wide-plank hardwood flooring, oversized windows, and designer lighting. The chef-inspired kitchen includes oversized waterfall islands, custom cabinetry, premium appliances, and wine storage, supporting both everyday living and entertaining. Each residence offers four spacious bedrooms and three bathrooms, anchored by a primary suite with a spa-like bath and a custom walk-in closet. Outdoor living extends to a private rooftop terrace with an outdoor kitchen and room for panoramic lake viewing, along with modern architectural details including luxury tile finishes and designer fixtures. Additional conveniences include a spacious utility room with built-ins, as well as modern glass garage doors and oversized garage space.

    Located in the Boat Club Terrace community within the Fort Worth Boat Club setting, the residences emphasize an elevated lake lifestyle with Eagle Mountain Lake views. The area offers nearby dining, entertainment, marinas, and major highways, balancing convenience with a lakeside atmosphere. Residents also have access to resort-style amenities including a community pool and private boat dock access.

    With their upscale finishes, elevator-served configuration, and strong indoor-outdoor entertaining focus, these residences can appeal to investors seeking income-producing real estate as well as buyers looking for full-time living or a weekend lake retreat. The combination of lifestyle amenities and distinctive architectural presence supports a premium tenant and ownership experience.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lake Country Marina Marina

    Suggested Use

    Real Estate Agency Restaurant Hair Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy Big Box & Wholesale Store Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.456045
    Latitude
    32.890687

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    FAQs

    What type of property is this?
    Residential income property - New construction, lake-view condo residences with private elevator access and rooftop entertaining space.
    Where is this residential income property located?
    The property is located at 9216 Live Oak Lane Fort Worth, TX.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Under construction (2026) new 4‑story luxury condo in Fort Worth Boat Club Terrace with Lake Front/Eagle Mountain Lake views; Approx. 3,400 SF with 4 bedrooms and 4 bathrooms, plus private elevator access to every level; Open floorplan with central heating, ceiling fans, and vinyl flooring; electric range included
    (214) 705-7827
    We can help!
    Listing Contact
    Joshua Hammonds
    Real Estate License ID: 0823491
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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