3124 CHERRY LANE, FORT WORTH, TX 76116

Homes for sale in Fort Worth.

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Active

List Price$400,000

3124 Cherry Lane

Fort Worth, TX 76116

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21329758

6

Bedrooms

4 full

Bathrooms

2,236

Square Feet

2

Number of Units

Multi-Unit Residential

Type

About This Property

Texas Cash Flow Duplex Turn Key investment opportunity in Fort Worth's West Side. This beautifully built 2007 duplex features two spacious 3 bed 2 bath units each with attached garage and privacy fenced yard. Whether you're adding to your portfolio or stepping into your first investment property, 3124-3126 Cherry Lane delivers quality construction, strong rental income, and a location that keeps units leased. 3 bed 2 bath per unit 2,236 total sq ft building. Updated luxury vinyl plank flooring throughout living areas of both units - durable, attractive, tenant-approved. Tile in bathrooms and kitchens. 3124 Cherry Lane Lease expires March 2027 rent is below market at $1395. 3126 Cherry Lane Vacant for Showings listed for lease at $1595. Rents have room to increase at renewal you're buying in below where the market is heading. No HOA your asset, your rules. Very good overall condition this is not a project, it's a performer. New Roof 2023, Electricity and Water separately metered and residents responsibility, Property Taxes 2025 $7,068.50 Annual Insurance 2025 $1,194.33 Why West Fort Worth? Why Now? DFW's growth is shifting west. Western Tarrant and Parker Counties is where land, capital, and corporate expansion are heading as the eastern metro fills up. Investors who position now are buying ahead of the wave. The fundamentals are hard to beat: Anchor employers that don't blink Lockheed Martin, Naval Air Station JRB, Bell Textron, and the West Fort Worth medical corridor keep tenant demand steady year after year. Camp Bowie is booming record-low retail vacancy. Texas tailwinds no state income tax, landlord-friendly laws, sustained population growth. Professionally managed by Turn Key Real Estate Management, LLC a full-service residential property management company serving the DFW Metroplex since 2008. The current management team is happy to continue serving the new owner making for a truly Turn Key investment from day one

Property Features

Location Information

County

Tarrant

Subdivision

Broadmoor Add

Interior Features

Interior

Granite Counters, Open Floorplan

Cooling

Central Air, Ceiling Fan(s), Electric

Full Baths

4

Floors

Ceramic Tile, Luxury Vinyl Plank

Has Fireplace

No

Appliances

Dishwasher, Electric Range, Electric Water Heater, Refrigerator

Number of Fireplaces

0

Total Number of Units

2

Heating

Central, Electric

Exterior Features

Stories

1

Fencing

Wood

Construction

Brick

Patio / Deck Description

Covered, Patio

Foundation

Slab

Pool Description

None

Roof

Composition

Lot Size in Acres

0.179

Utilities

Sewer Available, Separate Meters, Water Available

Lot Size in Sq. Ft.

7,797

Parking Description

Garage

Buildings

1

Has Garage

Yes

Building Total Area (Sq. Ft.)

2,236

Garage Spaces

2

Is One Story

Yes

School

Elementary School District

Fort Worth ISD

Jr. High School

Leonard

Elementary School

Westn Hill

High School

Westn Hill

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

RI

Has a Home Owners Association

No

Property SubType

Duplex

Tax Annual Amount

7069.0

Year Built

2007

Exclusions

Resident Belongings

Similar Listings

Mortgage Calculator

$1,867

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,441

Monthly Tax

$333

Monthly Insurance

$93

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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