$350,000

Estimated payment $2,048/month

4 Beds
2 Baths
1,768 Sq Ft
$198 Price per Sq Ft

Highlights

  • 1-Story Property
  • Luxury Vinyl Plank Tile Flooring
  • Central Heating and Cooling System

About This Home

Excellent opportunity to acquire a cash-flowing duplex in Fort Worth with immediate, stable income. Both units are currently leased at $1,100 per month, generating $2,200 in monthly rental income ($26,400 annually), with lease terms extending into 2027, providing reliable cash flow and minimizing near-term leasing risk. This property is ideal for investors seeking a low-maintenance addition to their portfolio with established tenants already in place. The long-term leases provide predictable income from day one, while Fort Worth’s continued population and employment growth offer strong long-term investment fundamentals. Whether you’re completing a 1031 exchange, expanding your rental portfolio, or purchasing your first investment property, this duplex offers immediate cash flow with future upside through continued rental appreciation.

Listing Agent

Alexander Doubet

Heart Realty Brokerage Phone: 214-535-4033 License #0664297 Listed on: 07/09/2026

Co-Listing Agent

Ryan Cassin

Heart Realty Brokerage Phone: 214-535-4033 License #0766473

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,888

Year Built

  • Built in 1986

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Luxury Vinyl Plank Tile Flooring
  • Electric Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Carrollpea Elementary School
  • Morningsid Middle School
  • Polytechni High School

Additional Features

  • 6,011 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 5 / 49
  • Assessor Parcel Number 41603990

Community Details

Overview

  • 2 Units
  • 1,768 Sq Ft Building
  • Highland Park Add Subdivision

Building Details

  • Gross Income $26,400
  • Net Operating Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,888

Year Built

Built in 1986

Lot Details

6,011 Sq Ft Lot

Listing Details

  • OWNERNAME: Opportunity Series Fund IV, LP
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 214-535-4033
  • CapRate: 4.8
  • Co List Office Mls Id: ALDO01
  • Co List Office Phone: 214-535-4033
  • Co List Office Mls Id: ALDO01
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48439:41603990
  • Special Features: VirtualTour
  • Year Built: 1986

Interior Features

  • Interior Amenities: Other
  • Flooring: Luxury Vinyl Plank
  • Appliances: Electric Cooktop
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air
  • Parking Features: Off Street
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central
  • Utilities: Sewer Available
  • Heating Yn: Yes

Schools

  • Elementary School: Carrollpea
  • High School: Polytechni
  • Junior High Dist: Fort Worth ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.138
  • Parcel Number: 41603990
  • Lot Size Acres: 0.138
  • Lot Size Sq Ft: 6011.28

Building Info

  • Year Built: 1986
  • Units Total: 2

Multi Family

  • Insurance Expense: 1838.0
  • Annual Gross Income: 26400.0
  • Property Net Operating Income: 16800.0

Tax Info

  • TaxBlock: 49
  • Tax Lot: 5
  • Tax Annual Amount: 1888.0

MLS Schools

  • MiddleOrJuniorSchool: Morningsid

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,888 $86,258 $9,000 $77,258
2024 $2,356 $105,000 $9,000 $96,000
2023 $2,323 $102,661 $9,000 $93,661
2022 $2,564 $98,626 $2,500 $96,126
2021 $1,653 $60,264 $2,500 $57,764
2020 $1,697 $64,104 $2,500 $61,604
2019 $1,228 $44,631 $2,500 $42,131
2018 $954 $34,676 $500 $34,176
2017 $864 $30,505 $500 $30,005
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2026 07/09/26 For Sale $350,000 +75.1% $198 / Sq Ft
06/30/2022 06/30/22 Sold -- -- -- View Prior Sale
05/09/2022 05/09/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $199,900 -- $113 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- Alamo Title Company
Vendors Lien -- Hexter Fair Title Company
Vendors Lien -- Commonwealth Land Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $46,783 FHA
Previous Owner $35,000 Purchase Money Mortgage
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21326419

North Texas Real Estate Information Systems (NTREIS)

APN: 41603990

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