Share This Listing

Message

938 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Stabilized Asset, Lease Security, Rent Upside, 2024 Construction, $49,967 NOI, 5.18% Cap Rate on B+ Asset

Executive Summary

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 comps) 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.

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual (CAD)
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Other Income (CAD)
Annual -
Vacancy Loss (CAD)
Annual -
Effective Gross Income (CAD)
Annual $99,999
Taxes (CAD)
Annual $99,999
Operating Expenses (CAD)
Annual $99,999
Total Expenses (CAD)
Annual $99,999
Net Operating Income (CAD)
Annual $99,999

Property Facts

Price $1,345,586 CAD
Price / SF $240.41 CAD / SF
Cap Rate 5.18%
Sale Type Investment or Owner User
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 5,597 SF

Properties

Property Name / Address Property Type Size Year Built Individual Price
9524 Thorncrown Ln, Fort Worth, TX 76179 Multifamily 1,779 SF 2024 -
9540 Thorncrown Ln, Fort Worth, TX 76179 Specialty 1,909 SF 2024 -
9544 Thorncrown Ln, Fort Worth, TX 76179 Specialty 1,909 SF 2024 -
Show More > < Show Less
  • Listing ID: 40810210

  • Date on Market: 2026-06-05

  • Last Updated:

  • Address: Thorncrown Lane, Fort Worth, Texas 76179, Fort Worth, TX

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}