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3316 Francis Dr

Fort Worth, TX 76116
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Just listedJust listed
6 Bedroom(s)
4 Full Bath(s)
0.24 Lot Acres
Multi-Family - Duplex

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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 good 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

MLS#
NTREIS-21287410
List Price
$400,000
Listing Status
For Sale
Address
3316 Francis Dr
City
Fort Worth
State
TX
Zip Code
76116
County
Tarrant County
Subdivision
Broadmoor Add
Legal Description
BROADMOOR ADDITION-FORT WORTH BLOCK 1 LOT 7
Property Type
Multi-Family - Duplex
Bedroom
6 Bedroom(s)
Bath
4 Full Bath(s)
Garages
2 / Attached
Stories
1
Year Built
2016 /Appraisal District
Lot Size
0.24 Lot Acres/Appraisal District

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Brick
Garage Size
1 X 1
Parking
Garage, Garage Faces Front
Fencing
Wood
Utility
Cable Available,City Sewer,City Water,Electricity Available,Electricity Connected,Individual Water Meter,Sewer Available

Interior

Floors
Carpet, Ceramic Tile, Luxury Vinyl Plank
Cooling
Central Air, Electric
Heating
Central, Electric
Appliances
Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
Interior
Decorative Lighting, Granite Counters, Walk-In Closet(s)

Lot Information

Lot Size
0.24 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Jun 04, 2026 at 07:08 AM
Listing last updated Jun 01, 2026 at 11:20 PM
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Cost/Sqft based on tax value

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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

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Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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