New Residential Income
9544 Thorncrown Lane Fort Worth, TX 76179
For Sale
Under Contract
$325,000
MULTI_FAMILY - Fort Worth, TX
Property Size1,909 SF
Lot Size0.06 Acres
Price / SF$170.25
Days on Market46
Property Features for 9544 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, Alley, Garage
- Interior features
- EatInKitchen, HighSpeedInternet, KitchenIsland, OpenFloorplan, Pantry, CableTv, WalkInClosets, WiredForSound
- Appliances
- Dishwasher, ElectricRange, Disposal, Microwave
- Standard status
- Active Under Contract
- APN
- 42745177
- Size
- 1,909 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Description
- LAKE PARC VILLAGE BLOCK 3 LOT 12
- Tax Annual Amount
- 6813
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Ceiling Fan(s), Electric
- Water source
- Public
Building Details
- Year built
- 2024
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Tile, Carpet
- Building materials
- FiberCement, Concrete
- Roof type
- Composition
Listing Agency:
Keller Williams Realty DPR
(972) 732-6000
Listed By:
Daniel Harker · License #0435185
(972) 732-6000
Added: Jun 11
Changed: Jul 20
Last Checked: Jul 26 at 9:06PM
MLS# 21289267
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.
Investment Insights
Based on property information with market context.
This portfolio sale consists of three newly constructed residential income properties offered as a single acquisition: MLS #21289196, MLS #21289104, and MLS #21289267. The homes are located at 9524, 9540, and 9544 Thorncrown Lane and were built in 2024. The offering is presented with reported 100% occupancy since acquisition, along with trailing twelve-month gross rental income of $82,800 and net operating income of $49,967, supported in the remarks as having minimal capital expenditure needs and limited deferred maintenance.
All three properties are in Fort Worth, Texas (Tarrant County). The portfolio is being offered together, simplifying acquisition and operations for buyers seeking a multi-home residential income structure within a single package. Two of the properties reportedly renewed leases through June 2027, as noted in the listing materials, providing additional near-term income stability.
For investors or owner-operators looking for a turnkey residential income package, the portfolio’s newly constructed status and the documented occupancy and income figures may be helpful for underwriting and planning. The presence of lease renewals through June 2027 for two units can also support continuity of operations, while the remaining income-producing units remain part of the same single acquisition structure.
All three properties are in Fort Worth, Texas (Tarrant County). The portfolio is being offered together, simplifying acquisition and operations for buyers seeking a multi-home residential income structure within a single package. Two of the properties reportedly renewed leases through June 2027, as noted in the listing materials, providing additional near-term income stability.
For investors or owner-operators looking for a turnkey residential income package, the portfolio’s newly constructed status and the documented occupancy and income figures may be helpful for underwriting and planning. The presence of lease renewals through June 2027 for two units can also support continuity of operations, while the remaining income-producing units remain part of the same single acquisition structure.
Key Highlights
- Thorncrown Portfolio single acquisition of three newly constructed homes at 9524, 9540, and 9544 Thorncrown Lane (Fort Worth, TX), built in 2024
- Maintained 100% occupancy since acquisition and produces $82,800 in trailing twelve‑month gross rental income
- Trailing twelve‑month net operating income of $49,967 reported for the portfolio
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 Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Single family property - Three newly built rental homes offered as one acquisition, with reported 100% occupancy and trailing twelve-month income figures.
Where is this single family property located?
The property is located at 9544 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: Thorncrown Portfolio single acquisition of three newly constructed homes at 9524, 9540, and 9544 Thorncrown Lane (Fort Worth, TX), built in 2024; Maintained 100% occupancy since acquisition and produces $82,800 in trailing twelve‑month gross rental income; Trailing twelve‑month net operating income of $49,967 reported for the portfolio
