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Paul Tosello

[email protected] +1(817) 992-3320

$ 325,000

Est. payment -/mo

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9540 Thorncrown Lane Fort Worth, TX 76179

3 Beds

2 Baths

1,909 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiple Single Units

Listing Status Active

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

HOA Y/N Mandatory

Total Fin. Sqft 1909

Year Built 2024

Annual Tax Amount $6,948

Lot Size 2,613 Sqft

Acres 0.06

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

Direction Head southwest on I-820 W. Take exit 10B toward FM 1220/Azle Ave and merge onto NW Loop 820. Continue onto Boat Club Rd, then turn left onto Landing Way. Turn right onto Dosier Cove W, then right onto Thorncrown Ln. The destination will be on the right. Welcome!

Interior

Interior Features Cable TV Available, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)

Heating Central

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Ceramic Tile

Appliance Dishwasher, Electric Range, Microwave

Heat Source Central

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

Total Parking Spaces 2

Garage Yes

Building

Story Two

Foundation Slab

Level or Stories Two

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

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21289104

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Daniel Harker • Keller Williams Realty DPR

NEARBY SCHOOLS & PROPERTIES

Paul Tosello

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+1(817) 992-3320

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Paul Tosello

9540 Thorncrown Lane Fort Worth, TX 76179

Key Details

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9540 Thorncrown Lane