Exceptional investment opportunity in a highly sought-after location near TCU! This newer-construction duplex, built in 2018, offers a rare combination of scale, stability, and strong returns. Each side features 6 spacious bedrooms and 6 full bathrooms, for a total of 12 bedrooms and 12 bathrooms—ideal for student housing or high-demand… Read More rental use. Both units are fully leased with long-term occupancy in place—one through Summer 2027 and the other through 2028—providing immediate and reliable cash flow. With an impressive cap rate near 7% and consistent rental history, this property delivers strong, stable income with low vacancy risk. Tenants enjoy a prime location just minutes from TCU, as well as nearby shopping, dining, and entertainment options, making it an easy choice for continued leasing demand. Modern construction means lower maintenance costs and increased appeal to today’s renters. If you’re looking to expand your portfolio or secure a turnkey income-producing asset in a great location, this duplex should be at the top of the list. Full financials are available upon request. Read Less
Courtesy of Chisholm, REALTORS, Michael Reeder.
Listing Snapshot
Days Online
2
Last Updated
Property Type
Duplex
Beds
12
Full Baths
12
Lot Size
0.26 Acres
Year Built
2018
MLS Number
21227509
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Microwave
Building
Built in 2018, Construction materials: Brick, Levels: Two, 1 building, 2, Toal building area: 5084
Community
Curbs
Cooling
CentralAir, Electric
Expenses
Insurance: $4,512
Exterior Features
RainGutters
Fence
Wood
Floors
Tile, Wood
Heating
Central, NaturalGas
Income
Gross income: $158,400, Net operating income: $133,700
