Fort Worth, TX 76134 7418 Novella Drive
$449,000
20 more
Presented By: Mohammed Kadhim with Keller Williams Realty DPR; 346-331-8824
Beds • 6
Baths • 4
Garage • 1
Home Details
Great Investment Opportunity This FULL DUPLEX, built in 2015, is located on a desirable street for rentals. Each unit features 3 bedrooms, 2 bathrooms, and a 1-car garage. Rental rates in the area have been on the rise, with recent market rents at $1,700 per unit. This property offers easy access to I-35 and nearby employers, making it an attractive option for tenants.
Both units are currently rented, with tenants paying all utilities, providing a solid cash flow opportunity. The current rents are $1,64 per unit.
No wholesaling, please. The property is tenant-occupied—DO NOT DISTURB.
Presented By: Mohammed Kadhim with Keller Williams Realty DPR; 346-331-8824
Interior Features for 7418 Novella Drive
Bedrooms
Total Bedrooms6
Bathrooms
Total Baths4
Other Interior Features
Unit Count2
Lock Box TypeNone
Basement Y/NNo
FlooringLaminate
Interior FeaturesCable TV Available
Total Units2
General for 7418 Novella Drive
# of Buildings1
Accessory Unit Y/NNo
AppliancesElectric Range
Capitalization Rate3.45
Carport Spaces
CityFort Worth
Complex NameNone
Construction MaterialsBrick
CoolingCentral Air, Electric
CountyTarrant
DirectionsI-35 exit Sycamore School Road
Elementary SchoolSycamore
Elementary School NameSycamore
Full Baths4
Gross Annual Expenses12000.00
HOA TypeNone
HeatingCentral, Electric
High SchoolCrowley
Insurance Expense2500
LevelsOne
Number of Garage Spaces1
Occupant TypeTenant
Operating Expense IncludesAccounting, Maintenance, Other
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
School DistrictCrowley ISD
Standard StatusActive
StatusActive
Subdivision NameMorris Estates
Unexempt Taxes8062
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2015
Year Built DetailsPreowned
Exterior for 7418 Novella Drive
Attached Garage Y/NYes
Building Area Total2068.00
Covered Spaces1
Foundation Slab
Garage Y/NYes
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.1380
Lot Size Area0.1380
Lot Size Dimensions6002
Lot Size Square Feet6011.2800
Lot Size UnitsAcres
Number Of Parking Spaces2
Parking FeaturesGarage
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Sycamore Elementary School
Middle School
N/A
High School
N/A
Katie Edwards
Realtor