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 $1475. 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
For sale
Price cut: $10K (8/3)
$380,000
3124 Cherry Ln, Fort Worth, TX 76116
6beds
2,236sqft
Duplex, Multi Family
Built in 2007
-- sqft lot
$-- Zestimate®
$170/sqft
$-- HOA
What's special
Attached garagePrivacy fenced yard
- 54 days
- 680
- 49
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
- Resale
- 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: $170/sqft
- Tax assessed value: $322,898
- Annual tax amount: $7,069
- Date on market: 7/13/2026
- Cumulative days on market: 57 days
- Exclusions: Resident Belongings
Estimated market value
Not available
Estimated sales range
Not available
$2,983/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Price change | $380,000-2.6%$170/sqft |
Source: NTREIS #21329758 Report a problem | ||
| 7/29/2026 | Price change | $390,000-2.5%$174/sqft |
Source: NTREIS #21329758 Report a problem | ||
| 7/13/2026 | Listed for sale | $400,000$179/sqft |
Source: NTREIS #21329758 Report a problem | ||
| 4/25/2019 | Listing removed | $1,095 |
Source: Turn Key Real Estate & Management Services Report a problem | ||
| 3/22/2019 | Price change | $1,095+4.3% |
Source: Turn Key Real Estate & Management Services Report a problem | ||
| 3/15/2019 | Listed for rent | $1,050+13.5% |
Source: Turn Key Real Estate & Management Services Report a problem | ||
| 4/20/2016 | Listing removed | $925+16.4% |
Source: Turn Key Real Estate & Management Services - Property # 189332 Report a problem | ||
| 1/17/2015 | Listing removed | $795 |
Source: Point2 #13061260 Report a problem | ||
| 1/15/2015 | Price change | $795-9.1% |
Source: Point2 #13061260 Report a problem | ||
| 1/7/2015 | Price change | $875+9.4% |
Source: Turn Key Real Estate & Management Services LLC Report a problem | ||
| 10/11/2012 | Listed for rent | $800 |
Source: Turn Key Real Estate Management Report a problem | ||
| 12/2/2009 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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.Climate risks
Neighborhood: Western Hills North
Nearby schools
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.







