Active

3100 Hale Avenue #101 102

Fort Worth, Texas 76106

$275,000 $1,159/Mo

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Overview

Bed

Bath

0.15

Acre(Lot)

Description

INVESTOR OPPORTUNITY. FULL DUPLEX WITH CASH-FLOW AND LONG-TERM UPSIDE! Located in Fort Worth’s 76106 rental corridor, this 2006 built duplex offers two units, each with 3 bedrooms and 1 bath. Both sides have previously leased for $1,200 per month, providing an established rental history with potential opportunity to increase income as rents are brought in line with current market conditions. The numbers make this location especially interesting for a buy and hold investor. More than half of occupied households in 76106 are renter occupied, while the Diamond Hill Jarvis area reports housing vacancy around 6.9%. Current data places the average 3 bedroom in 76106 at $1,599 per month, creating a compelling opportunity to evaluate the property's existing rents against today's market. The long term story may be even more attractive. This North Fort Worth location sits near some of the city's most significant growth and redevelopment areas, including the Stockyards and the planned 300+ acre Panther Island redevelopment just north of Downtown. The Stockyards now attracts more than 10 million visitors annually, while continued public and private investment throughout Fort Worth's urban core creates an appealing backdrop for investors seeking appreciation potential over a longer holding period. With two rentable units under one roof, no HOA, a 2006 construction date and a location convenient to I-35W, the Stockyards and Downtown Fort Worth, 3100 Hale offers investors the combination they look for: income potential today, an opportunity to improve returns over time, and exposure to continued investment in the surrounding North Fort Worth area. Click the Virtual Tour link to view the 3D walkthrough. Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.

Property Details

Property Type : Residential Income

Price : $275,000

AD Id : 91588334

MLS Id : 577654359

Beds : 6

Lot Size : 0.15 Acre

Year Built : 2006

County : Tarrant

Subdivision: Moody J M Sub

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 6

Bathroom Information

Total Baths: 2 Full Baths: 2 Half Baths: 0
Interior Features

Cable TV Available,Decorative Lighting,High Speed Internet Available,Open Floorplan

Appliances

Disposal,Electric Cooktop,Electric Oven,Electric Range

Utilities

Cable Available,City Sewer,City Water,Curbs,Electricity Connected,Phone Available,Sewer Available,Sidewalk
Cooling Features

Ceiling Fan(s),Central Air

Heating Source

Central

Fireplace

Number of Fireplaces: 0 Fireplace Features: None

Building Information

Built Year: 2006 Building Area Total: 1,960 Construction: Siding,Wood Roof Type: Composition
Exterior Features

Awning(s),Rain Gutters,Lighting

Foundation

Slab
Fencing

Back Yard,Fenced,Wood

Construction Materials

Siding,Wood

Lot Information

Lot Size (Acr): 0.1490 Lot Size Units: Acres Lot Size Square Feet: 6,490 Lot Features: Corner Lot
Property Information

Property Type: Residential Income Property Sub Type: Duplex Subdivision: Moody J M Sub City: Fort Worth State: Texas Directions: From Downtown Fort Worth, take I-35W North. Exit at NE 28th Street and head west. Turn right onto Hale Avenue. Continue a few blocks; property is on the right at the corner of Hale Avenue. Property Status: Active Exclusions: Seller's Personal Property. Levels: One Property Age: 20 Year Built Details: Preowned

Listing Price Information

Original List Price: $275,000
Listing Information

Possession: Closing/Funding

Tax Information

Parcel Number: 41223802 Tax Block: 27 Tax Legal Description: MOODY, J M SUBDIVISION BLOCK 27 LOT 12 Tax Lot: 12 Unexempt Taxes: $6,335

Parking Information

Garage Space: 0 Carport Spaces: 0 Parking: 4 Parking Features: Additional Parking,Concrete,Driveway,No Garage,Off Street
Homeowners Association Information

HOA Type: None

School Information

Elementary School: Diamond Hi Middle School: Meacham High School: Jarvis School District: Fort Worth ISD
Utility Information

Utilities: Cable Available,City Sewer,City Water,Curbs,Electricity Connected,Phone Available,Sewer Available,Sidewalk

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
2900 NW 29th Street, Fort Worth, TX, 76106	$399,000	3	2	--	0.16 Acre
3129 NW Loraine Street NW, Fort Worth, TX, 76106	$397,000	3	2	--	0.16 Acre
3217 NW 29th Street, Fort Worth, TX, 76106	$300,000	--	--	--	0.16 Acre

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Features

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Property / Lot Details

Listing Information

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