1701 Vaughn Boulevard
About This Property
Located just blocks from Texas Wesleyan University, this property benefits from a strong local community, increasing development, and excellent visibility. Plus, it is being sold with the adjacent lot, giving you even more space to bring your project to life.
Take advantage of this prime investment opportunity in a rapidly growing area!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2025 | Sold | ||
| Sold | |||
| Mar 18, 2025 | Listed by Signature Real Estate Group | $70,000 | |
| Listed by Signature Real Estate Group | |||
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This 5,100 sq. ft. vacant lot (60' x 85'), zoned MU-1 (Mixed-Use), is a fantastic opportunity for development. Whether you're looking to build a single-family home with a business, a duplex, or a small commercial space, this lot provides the flexibility to meet your needs.
Located just blocks from Texas Wesleyan University, this property benefits from a strong local community, increasing development, and excellent visibility. Plus, it is being sold with the adjacent lot, giving you even more space to bring your project to life.
Take advantage of this prime investment opportunity in a rapidly growing area!
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Property Highlights
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About Fort Worth
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017