347 N CHERRY LANE, WHITE SETTLEMENT, TX 76108
Homes for sale in White Settlement.
Homes for sale in 76108.
List Price$499,000
347 N Cherry Lane
White Settlement, TX 76108
Listing #21121857
About This Property
Incredible opportunity to own a fully occupied income-producing commercial building with a rare, grandfathered residential apartment--perfectly positioned in the heart of Fort Worth's West Side off Cherry Lane, complete with views of Downtown Fort Worth. This versatile property includes three fully leased commercial spaces: one occupied by a construction-related business, another by a vintage furniture store, and a small residential apartment that is legally grandfathered in and also leased. The property generates over $45,000 in gross income annually and is primed for a new owner seeking immediate cash flow. Located just minutes from Lockheed Martin, a major billion-dollar employer, and only moments from I-30 and Loop 820, this site offers unmatched accessibility and visibility. The building features ample parking, excellent road frontage, and low-maintenance construction, making it an ideal investment for hands-off ownership. Tenancy provides strong flexibility: Several tenants operate on month-to-month leases, giving the new owner room to adjust pricing or reposition as desired. One tenant is secured under lease through January 2026, offering stable, predictable income. The water bill is held in the owner's name and fairly divided among tenants based on usage. The owner also maintains the yard, keeping operational demands minimal. The property is currently managed by a professional management company that can continue under new ownership for a seamless transition. Opportunities like this--fully occupied, income-generating, low-maintenance, and ideally located--rarely hit the market. No survey available. Don't wait--this one won't last long!
Property Features
Location Information
County
Tarrant
Subdivision
Sunset Gardens Add
Interior Features
Has Fireplace
No
Floors
Concrete
Heating
Central
Tenant Pays
All Utilities, Repairs
Cooling
Central Air
Total Number of Units
3
Exterior Features
Construction
Concrete
Lot Size in Sq. Ft.
14,287
Foundation
Slab
Possible Best Use
Other
Roof
Concrete
Zoning
Commercial with grandfathered residential
Utilities
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
3,550
Parking Description
Additional Parking, Driveway, Parking Lot
Road Description
City Street
Lot Size in Acres
0.328
Is One Story
No
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
7699.0
Property SubType
Retail
Exclusions
Minerals, if any.
Year Built
1970
Lot Acres Source
Assessor
Similar Listings
Mortgage Calculator
$2,329
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,798
Monthly Tax
$415
Monthly Insurance
$116
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
Listing courtesy of
Teresa Von Illyes, AmeriPlex Realty, Inc.

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NTREIS - North Texas data last updated at May 26, 2026, 3:12 AM CT
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