Thorncrown Lane, Fort Worth, Texas 76179 Multi-Family FOR SALE


Fort Worth, TX - Eagle Mountain
$965,000 USD
844-851-7730
, Fort Worth, TX for Sale
$965,000 USD
Multi-Family - FOR SALE
1/73
null | 5.18% Cap Rate

Thorncrown Lane, Fort Worth, Texas 76179
Fort Worth, TX
Eagle Mountain


HIGHLIGHTS

  • Stabilized Asset, Lease Security, Rent Upside, 2024 Construction, $49,967 NOI, 5.18% Cap Rate on B+ Asset

OVERVIEW

The Thorncrown Portfolio consists of three newly constructed residential income properties at 9524, 9540, and 9544 Thorncrown Lane in Fort Worth, Texas. Built in 2024 and offered as a single acquisition, the portfolio provides immediate cash flow, proven rental performance, and minimal capital expenditure requirements. The properties have maintained 100% occupancy since acquisition and generate $82,800 in trailing twelve-month gross rental income and $49,967 in net operating income, with rent and OPEX optimization opportunities. All three homes have achieved rental rates of approximately $2,300 (below market comps) per month, demonstrating strong market demand and documented operating performance. Two properties recently renewed leases through June 2027, providing income stability and reducing leasing risk. Combined with modern construction, energy-efficient systems, and limited deferred maintenance, the portfolio offers a turnkey investment opportunity with dependable income and long-term appreciation potential.

ASK ABOUT THIS PROPERTY

Sarah Reynolds OjiReynolds EmpowerHome TeamMore Info
844-851-7730

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Sarah Reynolds OjiReynolds EmpowerHome TeamMore Info
844-851-7730

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.