About This Home
This 6-bedroom, 4-bathroom multi-family at 3124 Cherry Lane in Fort Worth, TX is listed for $380,000. Built in 2007, on a 0.18 acres lot.
Key Features
- Built in 2007
- 0.18 acre lot
- 2 parking spaces
Property Details
Amenities
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 $1395.
3126 Cherry Lane Vacant for Showings listed for lease at $1395. 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
Monthly Cost Estimate
$2,032/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3124 Cherry Lane
Fort Worth, TX 76116
Broadmoor Add
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Outdoor Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 6-bedroom, 4-bathroom multi-family at 3124 Cherry Lane is listed at $380,000. The estimated monthly payment is $2,032 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2007, 0.18 acre lot, 2 parking spaces. Interior Features: GraniteCounters, OpenFloorplan.
This property is listed by Scott Richardson and can be reached at (877) 727-4767.
