Next Level Realty

3124 Cherry Lane

Fort Worth, TX 76116

MLS#: 21329758

$400,000

Status: Active
Listing number: 21329758
Listing provided by: Turn Key Real Estate Mgmt LLC
Listing agent phone: None
Last update: N/A
On site: 14 days ago
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Property

Beds

6

Full Baths

4

1/2 Baths

None

Year Built

2007

Sq.Footage

2,236

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

Features & Amenities

Interior

  • Other Interior Features

    Granite Counters, Open Floorplan

  • Total Bedrooms

    6

  • Bathrooms

    4

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air, Electric

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    Yes

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Brick

  • Parking

    Garage, Attached

  • Patio and Porch Features

    Covered, Patio

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.179

  • Lot Size(square feet)

    7,797

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $400,000

  • Tax Amount

    $7,069

  • Sq. Footage

    2,236

  • Price/SqFt

    $178

HOA

  • Association

    No

School District

  • Elementary School

    Westn Hill

  • Middle School

    Leonard

  • High School

    Westn Hill

Property Features

  • Foundation Details

    Slab

  • Sewer

    Public Sewer

  • Tax Lot

    8

  • Water Source

    Public

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Location

County

Tarrant

Elementary School

Westn Hill

Middle School

Leonard

High School

Westn Hill

Listing Courtesy of Scott Richardson , Turn Key Real Estate Mgmt LLC

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Agent Joe Boston

AGENT

Joe Boston

Call Joe today to schedule a private showing.

(817) 881-7100

joesrentalprops@gmail.com


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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

3124 Cherry Lane

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