Newly Built Residential Income
9540 Thorncrown Lane, Fort Worth, TX 76179
New
MULTI_FAMILY - Fort Worth, TX
Property size:
1,909 SFLot size:
0.06 AcresPrice / SF:
$170/SF- Added:
- Jun 10, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 11 at 7:06 pm
Property Features for 9540 Thorncrown Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 1
- Parking
- 2
- Parking features
- Open, On Street, Garage
- Interior features
- EatInKitchen, GraniteCounters, KitchenIsland, OpenFloorplan, Pantry, CableTv, WalkInClosets, WiredForSound
- Appliances
- Dishwasher, ElectricRange, Microwave
- Standard status
- Active
- APN
- 42745185
- Size
- 1,909 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Description
- LAKE PARC VILLAGE BLOCK 3 LOT 13
- Tax Annual Amount
- 6948
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Ceiling Fan(s), Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2024
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Carpet, Tile
- Building materials
- FiberCement, Concrete
- Roof type
- Composition
Listing agent Daniel Harker License #0435185 (972) 732-6000
Listing office Keller Williams Realty DPR Dallas, TX (972) 732-6000
Listing date Jun 10, 2026
MLS# 21289104
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
- 2024 construction: three newly built residential income properties at 9524, 9540, and 9544 Thorncrown Ln in Fort Worth, TX offered as one acquisition.
- Portfolio‑level trailing twelve‑month gross rental income of $82,800 and trailing twelve‑month net operating income of $49,967.
- Maintained 100% occupancy since acquisition.
- Rent level noted at approximately $2,300 per month for each home (below market comparables per the remarks).
- Two properties renewed leases through June 2027 for added income stability.
- Interior features include eat‑in kitchen, granite counters, kitchen island, pantry, walk‑in closets, and open floorplan; central heating and central air.
Overview
This portfolio includes three newly constructed residential income properties offered as a single acquisition: 9524, 9540, and 9544 Thorncrown Lane. Built in 2024, the homes are part of the Thorncrown Portfolio and are presented together for one combined purchase. The listing ties the offering to MLS #21289196, MLS #21289104, and MLS #21289267.
According to the remarks, the portfolio has maintained 100% occupancy since acquisition. The trailing twelve-month gross rental income is $82,800, with trailing twelve-month net operating income of $49,967. The homes have achieved rental rates of approximately $2,300 per month, and rent and OPEX optimization opportunities are noted in the listing.
For buyers looking for a straightforward way to assemble an income-producing position, the portfolio structure supports operational simplicity by keeping the acquisition and oversight consolidated across three modern properties. Two of the homes have recently renewed leases through June 2027, which the remarks indicate helps provide income stability and reduces leasing risk. With newly constructed, energy-efficient systems and limited deferred maintenance noted by the seller, this offering is positioned as a ready-to-operate portfolio.
According to the remarks, the portfolio has maintained 100% occupancy since acquisition. The trailing twelve-month gross rental income is $82,800, with trailing twelve-month net operating income of $49,967. The homes have achieved rental rates of approximately $2,300 per month, and rent and OPEX optimization opportunities are noted in the listing.
For buyers looking for a straightforward way to assemble an income-producing position, the portfolio structure supports operational simplicity by keeping the acquisition and oversight consolidated across three modern properties. Two of the homes have recently renewed leases through June 2027, which the remarks indicate helps provide income stability and reduces leasing risk. With newly constructed, energy-efficient systems and limited deferred maintenance noted by the seller, this offering is positioned as a ready-to-operate portfolio.
Local Financial Insights For Apartment 5plus
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 | $59.1k | $30.96 |
| − Vacancy | −$6.3k | −$3.31 |
| EGI | $52.8k | $27.65 |
| − OpEx | −$23.8k | −$12.44 |
| NOI | $29.0k | $15.21 |
1,909 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$414.7K
$362.9K – $483.8K
NOI $29,028 @ 7.0% cap · market cap 8.93%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.28M
$1.99M – $2.66M
NOI $159,479 @ 7.0% cap · market cap 49.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.4513845
- Latitude
- 32.8959113
Nearby Similar for Sale
FAQs
What type of property is this?
Single family property - Three 2024-built residential income homes are offered together for a consolidated, turn-key portfolio sale.
Where is this single family property located?
The property is located at 9540 Thorncrown Lane Fort Worth, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 2024 construction: three newly built residential income properties at 9524, 9540, and 9544 Thorncrown Ln in Fort Worth, TX offered as one acquisition.; Portfolio‑level trailing twelve‑month gross rental income of $82,800 and trailing twelve‑month net operating income of $49,967.; Maintained 100% occupancy since acquisition.
