Active

3124 Cherry Lane

Fort Worth, Texas 76116
Mark as Favorite
$400,000 $1,686/Mo
Get Pre-Approved Check your credit
Bed 6

Bed

Bath 4

Bath

Acres0.18

Acre(Lot)

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 buy ing 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

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $400,000

AD Id : 87991809

MLS Id : 567713801

Beds : 6

Lot Size : 0.18 Acre

Year Built : 2007

Garage : 2

County : Tarrant

Subdivision: Big Sky Estate

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 6

    Bathroom Information

    Total Baths: 4 Full Baths: 4 Half Baths: 0

  • Interior Features

    Granite Counters,Open Floorplan

    Appliances

    Dishwasher,Electric Range,Electric Water Heater,Refrigerator

    Utilities

    City Sewer,City Water,Individual Water Meter

  • Cooling Features

    Ceiling Fan(s),Central Air,Electric

    Heating Source

    Central,Electric

    Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 2007 Building Area Total: 2,236 Construction: Brick,Siding Roof Type: Composition

  • Foundation

    Slab

  • Patio And Porch

    Covered,Patio

    Fencing

    Wood

    Construction Materials

    Brick,Siding

  • Lot Information

    Lot Size (Acr): 0.1790 Lot Size Units: Acres Lot Size Square Feet: 7,797

  • Property Information

    Property Type: Residential Income Property Sub Type: Duplex Subdivision: Broadmoor Add City: Fort Worth State: Texas Directions: GPS Property Status: Active Exclusions: Resident Belongings Levels: One Property Age: 19 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $400,000

  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 41493060 Tax Block: 16 Tax Legal Description: BROADMOOR ADDITION-FORT WORTH BLOCK 16 LOT 8 Tax Lot: 8 Unexempt Taxes: $7,069

  • Parking Information

    Has Garage Garage Space: 2 Carport Spaces: 0 Parking: 2 Parking Features: Garage

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Westn Hill Middle School: Leonard High School: Westn Hill School District: Fort Worth ISD

  • Utility Information

    Utilities: City Sewer,City Water,Individual Water Meter
Sell a home like this and save $23,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3732 Bonnie Drive, Fort Worth, TX, 76116 $559,000 8 8 --
3736 Bonnie Drive, Fort Worth, TX, 76116 $559,000 8 8 --
7901 Marydean Avenue, Fort Worth, TX, 76116 $339,900 6 4 --
8108 Julie Avenue, Fort Worth, TX, 76116 $318,496 4 4 --

Similar Multifamily To 3124 Cherry Lane

Nearby For Sale

Slider Thumb
Active
Mark as Favorite
$329,000
Multifamily For Sale

3100 Hale Avenue,
Fort Worth, TX, 76106

Bed 6

Bed

Bath 2

Bath

Acres0.15

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$539,000
Multifamily For Sale

2640-2642 Hutchinson Street,
Fort Worth, TX, 76106

Bed 6

Bed

Bath 6

Bath

SqFt2,730

Sqft
Slider Thumb
Active
Mark as Favorite
$420,000
Multifamily For Sale

1909 May Street,
Fort Worth, TX, 76110

Bed 8

Bed

Bath 6

Bath

Acres0.12

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$399,000
Multifamily For Sale

2900 NW 29th Street,
Fort Worth, TX, 76106

Bed 3

Bed

Bath 2

Bath

Acres0.16

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$450,000
Multifamily For Sale

1922 Saint Louis Avenue,
Fort Worth, TX, 76110

Bed 8

Bed

Bath 6

Bath

Acres0.12

Acre(Lot)
MLS Logo

Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 07/25/2026 @ 02:26

MLS: 567713801 LISTED BY: Scott Richardson, Turn Key Real Estate Mgmt LLC 817-470-9365 SOURCE: NTREIS - North Texas Real Estate Information

More Cities with for Sale by Owner Homes

Homes around $400,000

Slider Thumb
Active
Mark as Favorite
$249,900
Home For Sale

3504 Coronado Court,
Fort Worth, TX, 76116

Bed 3

Bed

Bath 2

Bath

SqFt1,114

Sqft

Acres0.18

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$250,000
Home For Sale

7001 Overhill Road,
Fort Worth, TX, 76116

Bed 3

Bed

Bath 4

Bath

SqFt2,259

Sqft

Acres0.30

Acre(Lot)
Slider Thumb
Mark as Favorite
$250,000
Home For Sale

8255 Longford Drive,
Fort Worth, TX, 76116

Bed 3

Bed

Bath 2

Bath

SqFt1,411

Sqft

Acres0.17

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$275,000
Home For Sale

3501 Cimmaron Trail,
Fort Worth, TX, 76116

Bed 3

Bed

Bath 2

Bath

SqFt1,653

Sqft
Slider Thumb
Mark as Favorite
$277,000
Home For Sale

7821 Kermit Avenue,
Fort Worth, TX, 76116

Bed 4

Bed

Bath 2

Bath

SqFt1,398

Sqft

Acres0.31

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$282,500
Home For Sale

3500 Brandon Lane,
Fort Worth, TX, 76116

Bed 5

Bed

Bath 2

Bath

SqFt2,010

Sqft

Acres0.27

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$285,000
Home For Sale

3021 Gunnison Trail,
Fort Worth, TX, 76116

Bed 3

Bed

Bath 2

Bath

SqFt1,520

Sqft

Acres0.29

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$285,000
Home For Sale

7820 Kermit,
Fort Worth, TX, 76116

Bed 3

Bed

Bath 2

Bath

SqFt1,713

Sqft
Slider Thumb
Active
Mark as Favorite
$310,000
Home For Sale

7833 Gaston Avenue,
Fort Worth, TX, 76116

Bed 3

Bed

Bath 2

Bath

SqFt1,426

Sqft

Acres0.23

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$318,496
Multifamily For Sale

8108 Julie Avenue,
Fort Worth, TX, 76116

Bed 4

Bed

Bath 4

Bath

Acres0.18

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$330,000
Home For Sale

7000 Overhill Road,
Fort Worth, TX, 76116

Bed 3

Bed

Bath 2

Bath

SqFt1,708

Sqft

Acres0.22

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$337,500
Townhouse For Sale

6113 Portrush Drive,
Fort Worth, TX, 76116

Bed 3

Bed

Bath 3

Bath

SqFt1,691

Sqft

Acres0.03

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$339,900
Multifamily For Sale

7901 Marydean Avenue,
Fort Worth, TX, 76116

Bed 6

Bed

Bath 4

Bath

Acres0.13

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$350,000
Home For Sale

7105 Culver Avenue,
Fort Worth, TX, 76116

Bed 3

Bed

Bath 2

Bath

SqFt1,742

Sqft

Acres0.25

Acre(Lot)
Slider Thumb
Mark as Favorite
$398,000
Home For Sale

4613 Winthrop Avenue E,
Fort Worth, TX, 76116

Bed 3

Bed

Bath 2

Bath

SqFt1,596

Sqft

Acres0.28

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$500,000
Home For Sale

6449 Malvey Avenue,
Fort Worth, TX, 76116

Bed 3

Bed

Bath 2

Bath

SqFt1,716

Sqft

Acres0.19

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$529,000
Home For Sale

4817 Winthrop Avenue E,
Fort Worth, TX, 76116

Bed 3

Bed

Bath 2

Bath

SqFt1,716

Sqft

Acres0.29

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$530,000
Home For Sale

6705 Hanover Road,
Fort Worth, TX, 76116

Bed 3

Bed

Bath 2

Bath

SqFt2,106

Sqft

Acres0.41

Acre(Lot)

Selling? Save $23,501 when you sell a home like this

Tour with a ByOwner Agent