$530,000
$15K PRICE DROP

Estimated payment $3,647/month

Total Views 25,724
4 Beds
3 Baths
3,049 Sq Ft
$174 Price per Sq Ft

Highlights

  • Two Primary Bedrooms
  • Granite Countertops
  • Covered Patio or Porch
  • Engineered Wood Flooring
  • Lawn
  • In-Law or Guest Suite

About This Home

Don’t miss this turn-key duplex located just blocks from Camp Bowie, offering strong rental potential and long-term value. Both units are currently tenant-occupied, providing immediate rental income. Both units have been renovated and finished in stylish finishes and colors. The lower unit features 2 spacious bedrooms, 2 full bathrooms, a large living room, dining area, and a modern, updated kitchen—ideal for attracting quality tenants. It would be ideal for an owner's unit as well. The upper unit has 2 bedrooms, 1 bathroom, a full kitchen and spacious living and dining rooms. Plus the added convenience of a private laundry. Both units share access to a sizable fenced backyard, adding desirable outdoor space, along with a two-car garage plus additional covered parking for added tenant convenience. Located in a high-demand rental area near shopping, dining, and major thoroughfares, this property is a strong addition to any investment portfolio—and an excellent opportunity for first-time investors seeking both a primary residence and an income-producing asset.

Listing Agent

Holly Oestereich

Bray Real Estate-Ft Worth Brokerage Phone: 817-564-1845 License #0666142 Listed on: 05/21/2025

Co-Listing Agent

Ryan Ebersole

Bray Real Estate-Ft Worth Brokerage Phone: 817-564-1845 License #0716599

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,872

Year Built

  • Built in 1961

Lot Details

  • 0.28 Acre Lot
  • Wood Fence
  • Landscaped
  • Interior Lot
  • Sprinkler System
  • Few Trees
  • Lawn
  • Back Yard

Parking

  • 2 Car Garage
  • 2 Detached Carport Spaces
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Home Design

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

Interior Spaces

  • 3,049 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Decorative Lighting
  • Decorative Fireplace
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Engineered Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Ridgleahil Elementary School
  • Westn Hill High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2 / 58
  • Assessor Parcel Number 02396831

Community Details

Overview

  • 3,049 Sq Ft Building
  • Ridglea Add Subdivision

Building Details

  • Gross Income $51,600
  • Net Operating Income $38,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,872

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • OWNERNAME: See Tax
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: Two
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Attribution Contact: 817-564-1845
  • CapRate: 7.28
  • Co List Office Mls Id: BRAY02
  • Co List Office Phone: 817-900-3564
  • Co List Office Mls Id: BRAY02
  • Special Features: VirtualTour
  • Year Built: 1961

Interior Features

  • Square Footage: 3049.0
  • Fireplace Features: Decorative, Living Room
  • Interior Amenities: Decorative/Designer Lighting Fixtures, Granite Counters, High Speed Internet, In-Law Floorplan, Multiple Master Suites, Cable TV
  • Flooring: Carpet, Ceramic Tile, Laminate, Simulated Wood
  • Appliances: Dishwasher, Electric Range, Gas Water Heater
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Slab
  • Fencing: Wood
  • Roof: Composition, Shingle
  • Construction Materials: Brick
  • Exterior Features: Rain Gutters
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s)
  • Garage Spaces: 2.0
  • Carport Spaces: 2.0
  • Total Covered Spaces: 4.0
  • Parking Features: Covered, Detached Carport, Door-Single, Driveway, Garage Faces Front, Garage
  • Attached Garage YN: No
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Natural Gas
  • Utilities: Electricity Available, Electricity Connected, Sewer Available, Separate Meters, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Ridgleahil
  • High School: Westn Hill
  • Junior High Dist: Fort Worth ISD

Lot Info

  • Lot Features: Back Yard, Interior Lot, Lawn, Landscaped, Subdivision, Sprinkler System, Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.276
  • Parcel Number: 02396831
  • Lot Size Acres: 0.276
  • Lot Size Sq Ft: 12022.56

Building Info

  • Year Built: 1961
  • Units Total: 2
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 2500.0
  • Annual Gross Income: 51600.0
  • Property Net Operating Income: 38600.0

Tax Info

  • TaxBlock: 58
  • Tax Lot: 2
  • Tax Annual Amount: 9872.0

MLS Schools

  • MiddleOrJuniorSchool: Monnig

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

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 $9,872 $395,382 $110,000 $285,382
2024 $9,872 $439,970 $110,000 $329,970
2023 $9,730 $430,002 $110,000 $320,002
2022 $8,251 $317,407 $110,000 $207,407
2021 $8,757 $319,227 $110,000 $209,227
2020 $8,867 $335,000 $95,000 $240,000
2019 $9,216 $335,000 $95,000 $240,000
2018 $8,688 $315,808 $95,000 $220,808
2017 $8,979 $316,946 $95,000 $221,946
2016 $7,869 $277,762 $95,000 $182,762
2015 $6,579 $231,800 $55,000 $176,800
2014 $6,579 $231,800 $55,000 $176,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 Price Changed $530,000 -1.9% $174 / Sq Ft
06/02/2025 06/02/25 Price Changed $540,000 -0.9% $177 / Sq Ft
05/21/2025 05/21/25 For Sale $545,000 0.0% $179 / Sq Ft
08/31/2022 08/31/22 Rented $2,000 +14.3% --
08/30/2022 08/30/22 Under Contract -- -- --
08/12/2022 08/12/22 Price Changed $1,750 -5.4% $1 / Sq Ft
07/26/2022 07/26/22 For Rent $1,850 0.0% --
07/08/2019 07/08/19 Sold -- -- --
06/23/2019 06/23/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $399,000 0.0% $131 / Sq Ft
02/15/2018 02/15/18 Rented $1,550 0.0% --
01/16/2018 01/16/18 Under Contract -- -- --
01/09/2018 01/09/18 For Rent $1,550 +47.6% --
12/19/2017 12/19/17 Rented $1,050 -18.9% --
11/19/2017 11/19/17 Under Contract -- -- --
08/02/2017 08/02/17 For Rent $1,295 -13.4% --
04/10/2014 04/10/14 Rented $1,495 0.0% --
03/11/2014 03/11/14 Under Contract -- -- --
02/12/2014 02/12/14 For Rent $1,495 +7.2% --
07/12/2013 07/12/13 Rented $1,395 0.0% --
07/12/2013 07/12/13 For Rent $1,395 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- Nat
Quit Claim Deed -- Nat
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Warranty Deed -- Alamo Title Company
Quit Claim Deed -- None Available
Special Warranty Deed -- None Available
Warranty Deed -- Alamo Title Company
Vendors Lien -- North American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Credit Line Revolving
Previous Owner $128,250 Purchase Money Mortgage
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20926655

North Texas Real Estate Information Systems (NTREIS)

APN: 02396831