Active Option Contract

3316 Francis Drive

Fort Worth, Texas 76116

$400,000 $1,686/Mo

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Overview

Bed

Bath

0.24

Acre(Lot)

Description

A rare Turn Key investment opportunity in Fort Worth's West Side. This beautifully built 2017 duplex features two spacious 3-bedroom, 2-bathroom units - each with attached garage and privacy fenced yard. Whether you're adding to your portfolio or stepping into your first investment property, 3316-3318 Francis Ave delivers quality construction, strong rental income, and a location that keeps units leased. Both units are leased, and the rent has room to grow. Updated luxury vinyl plank flooring throughout living areas both units - durable, attractive, tenant-approved. Tile in bathroom and carpet in bedrooms. Total Income $3,225 per month ($38,700 annually) Rents have room to increase at renewal - you're buying in below where the market is heading. No HOA - your asset, your rules. Very g ood overall condition - this is not a project, it's a performer. Electricity and Water separately metered and residents responsibility. Property Taxes 2025 $7,661. Annual Insurance 2025 $1,782. Why West Fort Worth? Why Now? DFW's growth is shifting west. The Westoplex - 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, new multifamily, new restaurants, visible reinvestment driving rents up. Texas tailwinds - no state income tax, landlord-friendly laws, sustained population growth. This property is professionally managed by Turn Key Real Estate Management, LLC a full-service residential property management company serving the DFW Metroplex since 2008 and the current management team is happy to continue serving the new owner, making for a truly turnkey investment from day one

Property Details

Property Type : Residential Income

Price : $400,000

AD Id : 79706079

MLS Id : 563427202

Beds : 6

Lot Size : 0.24 Acre

Year Built : 2016

Garage : 2

County : Tarrant

Subdivision: Brairwood Estates

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 6

Bathroom Information

Total Baths: 4 Full Baths: 4 Half Baths: 0
Interior Features

Decorative Lighting,Granite Counters,Walk-In Closet(s)

Appliances

Dishwasher,Disposal,Electric Range,Electric Water Heater,Microwave,Refrigerator

Utilities

Cable Available,City Sewer,City Water,Electricity Available,Electricity Connected,Individual Water Meter,Sewer Available
Cooling Features

Ceiling Fan(s),Central Air,Electric

Heating Source

Central,Electric

Building Information

Built Year: 2016 Building Area Total: 2,240 Construction: Brick Roof Type: Composition
Foundation

Slab
Fencing

Wood

Construction Materials

Brick

Lot Information

Lot Size (Acr): 0.2370 Lot Size Units: Acres Lot Size Square Feet: 10,324
Property Information

Property Type: Residential Income Property Sub Type: Duplex Subdivision: Broadmoor Add City: Fort Worth State: Texas Directions: GPS Property Status: Active Option Contract Exclusions: Resident belongings Levels: One Property Age: 10 Year Built Details: Preowned

Listing Price Information

Original List Price: $400,000
Listing Information

Possession: Closing/Funding

Tax Information

Parcel Number: 00289728 Tax Block: 1 Tax Legal Description: BROADMOOR ADDITION-FORT WORTH BLOCK 1 LOT 7 Tax Lot: 7 Unexempt Taxes: $7,662

Parking Information

Has Garage Garage Space: 2 Parking: 2 Parking Features: Garage,Garage Faces Front
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: Cable Available,City Sewer,City Water,Electricity Available,Electricity Connected,Individual Water Meter,Sewer Available

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
2961 Marys Lane, Fort Worth, TX, 76116	$345,000	--	--	--
6525 Greenway Road, Fort Worth, TX, 76116	$575,000	6	4	--
3732 Bonnie Drive, Fort Worth, TX, 76116	$635,000	8	8	--
3736 Bonnie Drive, Fort Worth, TX, 76116	$635,000	8	8	--
3109 Karen Street, Fort Worth, TX, 76116	$660,000	6	6	3,232	3,232 SqFt
8000 Arbor Avenue, Fort Worth, TX, 76116	$449,900	6	6	--
8230 El Retiro Road, Fort Worth, TX, 76116	$464,900	6	4	--
3215 Las Vegas Trail, Fort Worth, TX, 76116	$409,000	6	4	--

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ByOwner last updated this listing 06/10/2026 @ 11:25

MLS: 563427202 LISTED BY: Scott Richardson, Turn Key Real Estate Mgmt LLC 877-727-4767 SOURCE: NTREIS - North Texas Real Estate Information