3100 Hale Ave, Fort Worth, TX 76106
- $275,000
- 6
- BD
- 2
- BA
- 1,960
- SqFt
- List Price
- $275,000
- MLS#
- 21393742
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Residential
- Style
- Traditional
- Year Built
- 2006
- Construction Status
- Preowned
- Bedrooms
- 6
- Full Baths
- 2
- Acres
- 0.15
- Living Area
- 1,960
- County
- Tarrant
- City
- Fort Worth
- Subdivision
- Moody J M Sub
- Number of Stories
- 1
- Architecture Style
- Traditional
Property Description
INVESTOR OPPORTUNITY. FULL DUPLEX WITH CASH-FLOW AND LONG-TERM UPSIDE! Located in Fort Worth’s 76106 rental corridor, this 2006 built duplex offers two units, each with 3 bedrooms and 1 bath. Both sides have previously leased for $1,200 per month, providing an established rental history with potential opportunity to increase income as rents are brought in line with current market conditions. The numbers make this location especially interesting for a buy and hold investor. More than half of occupied households in 76106 are renter occupied, while the Diamond Hill Jarvis area reports housing vacancy around 6.9%. Current data places the average 3 bedroom in 76106 at $1,599 per month, creating a compelling opportunity to evaluate the property's existing rents against today's market. The long term story may be even more attractive. This North Fort Worth location sits near some of the city's most significant growth and redevelopment areas, including the Stockyards and the planned 300+ acre Panther Island redevelopment just north of Downtown. The Stockyards now attracts more than 10 million visitors annually, while continued public and private investment throughout Fort Worth's urban core creates an appealing backdrop for investors seeking appreciation potential over a longer holding period. With two rentable units under one roof, no HOA, a 2006 construction date and a location convenient to I-35W, the Stockyards and Downtown Fort Worth, 3100 Hale offers investors the combination they look for: income potential today, an opportunity to improve returns over time, and exposure to continued investment in the surrounding North Fort Worth area. Click the Virtual Tour link to view the 3D walkthrough. Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.
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Additional Information
- Unexempt Taxes
- $6,335
- Amenities
- Fireplace
- Lot Size
- 6,490
- Acres
- 0.15
- Lot Description
- Corner Lot
- Interior Features
- Decorative Designer Lighting Fixtures, High Speed Internet, Open Floor Plan, Cable TV
- Flooring
- Tile, Wood
- Foundation
- Slab
- Roof
- Composition
- Stories
- 1
- Pool Features
- None
- Fireplace Type
- None
- Exterior
- Awnings, Lighting, Rain Gutters
- Parking Garage
- Paved, None
- School District
- Fort Worth Isd
- Elementary School
- Diamond Hi
- Middle School
- Meacham
- High School
- Jarvis
- Possession
- CloseOfEscrow
- Community Features
- Curbs, Sidewalks
Mortgage Calculator
Listing courtesy of Riann Emch from Orchard Brokerage. Contact: 214-995-6373
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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