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3845 Delmas Drive
About This Property
The main living room features original paneling and a brick fireplace, creating a warm focal point worth celebrating in a restoration or incorporating into a fresh design. A large sitting room or second living area adds flexibility for gathering, relaxing, entertaining, or creating a separate retreat. Preserve the home's nostalgic personality, blend original details with modern finishes, or explore a more comprehensive renovation tailored to your plans. A built-in desk provides a dedicated spot for everyday organization, study, or work.
Outside, the corner lot and carriage-style, side-entry garage give the property a presence. The large back porch invites ideas for outdoor dining, comfortable seating, and evenings enjoying the neighborhood setting. A storage shed adds space for tools, gardening supplies, or project materials. The home also includes an attached generator supplied by a propane tank, an additional feature for buyers to evaluate as part of their inspection.
Enjoy Benbrook living with local shopping, dining, and parks, plus opportunities to explore Benbrook Lake and the wider Fort Worth area. Whether your vision is to restore its original warmth, create a personalized home, or pursue an investment renovation, this property offers room to imagine what comes next. Bring your ideas, assess the possibilities, and give this home the care and attention its next chapter deserves. Buyers should evaluate condition, renovation scope, and suitability for their intended use. Sold AS IS; priced to invite a fresh start.
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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 |
|---|---|---|---|
| Oct 23, 2026 | Sold | ||
| Sold | |||
| Oct 13, 2026 | In contract | - | |
| In contract | |||
| Oct 6, 2026 | Listed by We Sell Texas | $225,000 | |
| Listed by We Sell Texas | |||
Property Highlights
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About Pecan Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017