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For sale
  • $400,000

    3124 Cherry Ln, Fort Worth, TX 76116

    6beds
    2,236sqft
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    Duplex, Multi Family
    Built in 2007
    -- sqft lot
    $-- Zestimate®
    $179/sqft
    $-- HOA

    What's special

    Attached garagePrivacy fenced yard
    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 buying 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
    8 days
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    265
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    32
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    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Richardson 0568809 877-727-4767,

    Turn Key Real Estate Mgmt LLC 877-727-4767

    Source: NTREIS,MLS#: 21329758

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Appliances
      • Included: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
      Features
      • Granite Counters, Open Floorplan
      • Flooring: Ceramic Tile, Luxury Vinyl Plank
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 2,236
      • Total interior livable area: 2,236 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Patio
      • Pool features: None
      • Fencing: Wood
      Lot
      • Size: 7,797 Square Feet
      Details
      • Parcel number: 41493060

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 2007

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer Available, Separate Meters, Water Available

      Community & HOA

      Community
      • Subdivision: Broadmoor Add
      HOA
      • Has HOA: No
      Location
      • Region: Fort Worth

      Financial & listing details

      • Price per square foot: $179/sqft
      • Tax assessed value: $322,898
      • Annual tax amount: $7,069
      • Date on market: 7/13/2026
      • Cumulative days on market: 12 days
      • Exclusions: Resident Belongings

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,727/mo

        Price history

        DateEventPrice
        7/13/2026Listed for sale$400,000$179/sqft
        Source: NTREIS #21329758 Report a problem
        4/25/2019Listing removed$1,095
        Source: Turn Key Real Estate & Management Services Report a problem
        3/22/2019Price change$1,095+4.3%
        Source: Turn Key Real Estate & Management Services Report a problem
        3/15/2019Listed for rent$1,050+13.5%
        Source: Turn Key Real Estate & Management Services Report a problem
        4/20/2016Listing removed$925+16.4%
        Source: Turn Key Real Estate & Management Services - Property # 189332 Report a problem
        1/17/2015Listing removed$795
        Source: Point2 #13061260 Report a problem
        1/15/2015Price change$795-9.1%
        Source: Point2 #13061260 Report a problem
        1/7/2015Price change$875+9.4%
        Source: Turn Key Real Estate & Management Services LLC Report a problem
        10/11/2012Listed for rent$800
        Source: Turn Key Real Estate Management Report a problem
        12/2/2009Sold--
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,069 -6%$322,898 -3.6%
        2024$7,517 +2.2%$335,000 +3.1%
        2023$7,354 +3.5%$325,000 +18.9%
        2022$7,104 +9%$273,276 +12.7%
        2021$6,517 -2.1%$242,441 -0.1%
        2020$6,658 +6.1%$242,724 +2.4%
        2019$6,275 +21.6%$237,069 +26.4%
        2018$5,159 -6.9%$187,524 -5.8%
        2017$5,542 +7.9%$199,009 +9.8%
        2016$5,136 +90.5%$181,301 +90.8%
        2015$2,696 $95,000
        2014$2,696 $95,000
        2013-- $95,000
        2012-- $95,000 -23.3%
        2011-- $123,900 -6.8%
        2010-- $133,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Western Hills North

        Getting around

        61 / 100
        Somewhat Walkable
        33 / 100
        Some Transit
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Westn Hill
        • Middle: Leonard
        • High: Westn Hill
        • District: Fort Worth ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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