FREE book: The Book on Texas Real Estate Investing — download now

DFW High Equity Duplex $400k

216 Stewart Bend Ct, Azle
ROI
11.67% IRR
Strategy
Long Term Rental
Selling $70k below assessed value. Located in Azle, a B+ grade market north of Fort Worth for a balance of appreciation and cashflow. Built in 2016 for minimal maintenance expenses. Currently fully occupied. Both units are 3 beds 2 baths. Unit A pays $1610 moved in 2023, their lease renews April 2025. Unit B pays $1,665 moved in 2019, lease renews August 2025. This is a walk-in equity position, on a deal that pays for itself, in an appreciating area of a major metro. Taxes $10319 (should reduce to $8950 once new sale price is reported).

Enter your email to download the proforma

< Back to Daily Deals

DFW High Equity Duplex $400k

Listed 03/25/2025

216 Stewart Bend Ct, Azle

Purchase Price:$400,000

Cash Outlay:$108,000

Cashflow:$58/mo

Cap Rate:6.01%

IRR:11.67%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Short Term Rental

Arlington Duplex Near UTA With STR Upside | $335k

107 Ray St, Arlington

Purchase Price:$335,000

Cash Outlay:$90,450

Cashflow:$219/mo

Cap Rate:6.62%

IRR:14.64%

Long Term Rental

Fort Worth Off-Market Duplex Selling FAR Below FMV | $350K

4712 South Dr, Fort Worth

Purchase Price:$350,000

Cash Outlay:$94,500

Cashflow:$454/mo

Cap Rate:7.40%

IRR:18.40%

Long Term Rental

Waco Baylor Duplex Fully Occupied | $520K

1907 S 17th St, Waco

Purchase Price:$520,000

Cash Outlay:$140,400

Cashflow:$506/mo

Cap Rate:7.01%

IRR:16.50%

Long Term Rental

Houston Single Family Rental $446/mo Cash Flow | $289K

10523 Moon Valley Ln, Rosharon

Purchase Price:$289,000

Cash Outlay:$78,030

Cashflow:$445/mo

Cap Rate:6.84%

IRR:18.95%

Long Term Rental

San Antonio Almost-Lux Triplex $6,150/mo Rent | $680K

726 Arthur St, San Antonio

Purchase Price:$665,000

Cash Outlay:$179,550

Cashflow:$542/mo

Cap Rate:6.81%

IRR:15.57%

Long Term Rental

Saginaw Quad Producing $5,400/mo | $625K

313 Cambridge Dr, Saginaw

Purchase Price:$615,000

Cash Outlay:$166,050

Cashflow:$350/mo

Cap Rate:6.52%

IRR:14.15%