Residential Income Property with Rooftop
For Sale
$1,400,000
9216 Live Oak Ln, Fort Worth, TX 76179
New-construction residences feature private elevators, expansive garages, and views of Eagle Mountain Lake.
Property Size3,400 SF
Price / SF$411.76
Days on Market117
Property Features for 9216 Live Oak Ln
General Information
Standard status
Active
Size
3,400 SF
Elevators
Yes
Property subtype
Residential Income
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$16,335
Amenities
private rooftop terrace
luxury community pool
private boat dock access
Building Details
Stories
4
Listing Agency:
Monument Realty
(214) 705-7827
Listed By:
Joshua Hammonds · License #0823491
(214) 705-7827
Source:
Exprealty
Added: May 7
Changed: Aug 29
Last Checked: Aug 30 at 9:23PM
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 Monument Realty
Investment Insights
Based on property information with market context.
This new-construction residential income property comprises four-story luxury residences in Boat Club Terrace. Each residence offers approximately 3,400 square feet with 4 bedrooms, 3 bathrooms, and private elevator access to every level. Interior features include open living areas, wide-plank hardwood flooring, oversized windows, designer lighting, custom cabinetry, premium kitchen appliances, wine storage, and waterfall islands. The primary suite includes a spa-style bathroom and custom walk-in closet, while utility rooms provide built-in storage.
Outdoor areas include private rooftop terraces with outdoor kitchens and Eagle Mountain Lake views. Additional property features include modern glass garage doors, oversized garage space, luxury tile finishes, and contemporary architectural detailing. Community amenities include a pool and private boat dock access. The property is in Fort Worth Boat Club near dining, entertainment, marinas, and major highways.
Outdoor areas include private rooftop terraces with outdoor kitchens and Eagle Mountain Lake views. Additional property features include modern glass garage doors, oversized garage space, luxury tile finishes, and contemporary architectural detailing. Community amenities include a pool and private boat dock access. The property is in Fort Worth Boat Club near dining, entertainment, marinas, and major highways.
Key Highlights
- Approximately 3,400 SF residences with 4 bedrooms and 3 bathrooms
- Four‑story layouts with private elevator access to every level
- Private rooftop terraces with outdoor kitchens and Eagle Mountain Lake views
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
$51,700
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
3.69%
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%
$1,034,000
$1.0M
Cap Rate 7%
$738,571
$738.6K
Cap Rate 9%
$574,444
$574.4K
Market Conditions
NOI Build-Up for 3,400 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
$105.3K $30.96/SF
− Vacancy
−$11.3K −$3.31/SF
EGI
$94.0K $27.65/SF
− OpEx
−$42.3K −$12.44/SF
NOI
$51.7K $15.21/SF
Area
ZIP 76179
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%
$1,034,000
Cap Rate 7%
$738,571
Cap Rate 9%
$574,444
Alternative Uses
Best Use
Apartment 5plus
$738.6K
$646.3K – $861.7K
NOI $51,700 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$4.06M
$3.55M – $4.73M
NOI $284,038 @ 7.0% cap · market cap 20.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
Explore this area
Business Placement
Demographics for 76179, TX
68,333
Population
26,227
Households
2.6
Avg Household Size
34
Median Age
31%
College-Educated
92%
High-School Grad
51.9 sq mi
ZIP Area
1,317
Density / Sq Mi
$108,428
Median Household Income
$53,878
Median Earnings
$1,840
Median Rent
$299,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - New-construction residences feature private elevators, expansive garages, and views of Eagle Mountain Lake.
Where is this residential income property located?
The property is located at 9216 Live Oak Ln 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: Approximately 3,400 SF residences with 4 bedrooms and 3 bathrooms; Four‑story layouts with private elevator access to every level; Private rooftop terraces with outdoor kitchens and Eagle Mountain Lake views
