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9540 Thorncrown Lane Fort Worth, TX 76179
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Key Details
Property Type Multi-Family
Sub Type Multiple Single Units
Listing Status Sold
Purchase Type For Sale
Square Footage 1,909 sqft
Subdivision Lake Parc Village
MLS Listing ID 21289104
Bedrooms 3
Full Baths 2
HOA Fees $175/mo
Year Built 2024
Annual Tax Amount $6,948
Lot Size 2,613 Sqft
Property Sub-Type Multiple Single Units
Property Description
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.
Location
State TX
County Tarrant
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Carpet, Ceramic Tile
Exterior
Garage Spaces 2.0
Utilities Available All Weather Road, Cable Available, City Sewer, City Water, Concrete, Curbs, Electricity Available, Individual Water Meter, Sidewalk, Underground Utilities
Roof Type Composition
Building
Story Two
Foundation Slab
Structure Type Concrete,Fiber Cement
Schools
Elementary Schools Eagle Mountain
Middle Schools Wayside
High Schools Boswell
School District Eagle Mt-Saginaw Isd
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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