$315,000

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.

Property Facts & Features

Property Type

Multi Family

Status

Closed

Listed

Jun 4, 2026

Sold

Aug 20, 2026

Price per Sq Ft

$177/sqft

ZIP Code

76179

Location

Lat 32.89574 · Lng -97.45162