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3124 Cherry Ln

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

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Description

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

MLS#
NTREIS-21329758
List Price
$400,000
Listing Status
For Sale
Address
3124 Cherry Ln
City
Fort Worth
State
TX
Zip Code
76116
County
Tarrant County
Subdivision
Broadmoor Add
Legal Description
BROADMOOR ADDITION-FORT WORTH BLOCK 16 LOT 8
Property Type
Multi-Family - Duplex
Bedroom
6 Bedroom(s)
Bath
4 Full Bath(s)
Garages
2 / Attached
Stories
1
Year Built
2007 /Appraisal District
Lot Size
0.18 Lot Acres/Appraisal District

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Brick, Siding
Garage Size
19 X 12
Parking
Garage
Parking Space
Garage 2 / Carport 0 / Total Covered 2
Fencing
Wood
Porch
Covered,Patio
Utility
City Sewer,City Water,Individual Water Meter

Interior

Floors
Ceramic Tile, Luxury Vinyl Plank
Cooling
Central Air, Electric
Heating
Central, Electric
Appliances
Dishwasher, Electric Range, Electric Water Heater, Refrigerator
Interior
Granite Counters, Open Floorplan

Lot Information

Lot Size
0.18 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 Jul 16, 2026 at 06:47 PM
Listing last updated Jul 15, 2026 at 12:18 PM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

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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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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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