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Listing provided courtesy of Keller Williams Realty DPR- MLS# 21289196MLS ProviderContact Information: Daniel Harker - 469-717-6391

9524 Thorncrown LaneFort Worth, TX 76179

Multi-Family · 3 Beds · 2 Full Baths · 1,779 Sq. ft. | 0.10 Acres
$315,000 Active

9524 Thorncrown Lane Overview

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Portfolio sale consisting of MLS #21289196, MLS #21289104, and MLS #21289267. 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 comparables) 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.

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9524 Thorncrown Lane Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,779
  • Price/Sq.ft. $177
  • Lot 0.10 Acres

Details

General

Association/HOA

  • Association Amenities: Maintenance Front Yard
  • Association Fee: 175.0
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Association Management,Insurance,Maintenance Grounds,Maintenance Structure
  • Association Name: Globalink Property Management
  • Association: Yes

School Information

  • School District: Eagle MT-Saginaw ISD
  • Elementary School: Eagle Mountain
  • Middle Or Junior School: Wayside
  • High School: Boswell

Income/Expenses

  • Gross Income: 27600.0
  • Insurance Expense: 1596.0
  • Net Operating Income: 16782.0

Building Information

  • Year Built: 2024
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Tarrant
  • Postal City: FORT WORTH
  • Subdivision Name: Lake Parc Village

Community/Development

  • Community Features: Community Mailbox,Sidewalks

Tax Information

  • Tax Annual Amount: 6522.0

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: 42745215
  • Property Type: Residential Income

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 1779.0

General Information

  • Appliances: Dishwasher,Electric Range,Disposal,Microwave
  • Fireplace Features: None
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Carpet,Ceramic Tile
  • Foundation Details: Slab
  • Interior Features: Decorative/Designer Lighting Fixtures,High Speed Internet,Open Floorplan,Walk-In Closet(s),Wired for Sound
  • Levels: Two
  • Living Area: 1779.0
  • Security Features: Security System Owned
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Garage,Garage Door Opener,Garage Faces Rear
  • Parking Total: 2.0

Lot Information

  • Lot Size Square Feet: 4181.76
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Construction Materials: Fiber Cement,Concrete
  • Patio And Porch Features: Covered,Front Porch
  • Roof: Composition

General Information

  • Carport: No
  • Covered Spaces: 2.0
  • Fencing: Back Yard,Fenced,Wood
  • Number Of Units Total: 1
  • Pool Features: None
  • Road Frontage Type: All Weather Road
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Sewer Available,Separate Meters,Underground Utilities,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 3 Bedroom
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

9524 Thorncrown Lane Market Data

Based on the last 30 days in this zip code

$510,234
Average List Price
$209
Average Price per Square Foot
94
Properties Sold
128
Average Days on Market
820
Properties for Sale
Calculations provided by Reliance Network


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