3100 Hale Avenue #101 & 102, Fort Worth, TX 76106
3100 Hale Avenue #101 & 102, Fort Worth, TX 76106
3100 Hale Avenue #101 & 102, Fort Worth, TX 76106
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$275,000
Est. payment /mo
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6 Beds
2 Baths
6,490 Sqft Lot
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3100 Hale Avenue #101 & 102 Fort Worth, TX 76106

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Moody J M Sub

MLS Listing ID 21399605

Bedrooms 6

Full Baths 2

HOA Y/N None

Total Fin. Sqft 1960

Year Built 2006

Annual Tax Amount $6,335

Lot Size 6,490 Sqft

Acres 0.149

Property Sub-Type Duplex

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.

Location

State TX

County Tarrant

Direction From Downtown Fort Worth, take I-35W North. Exit at NE 28th Street and head west. Turn right onto Hale Avenue. Continue a few blocks; property is on the right at the corner of Hale Avenue.

Interior

Interior Features Cable TV Available, Decorative Lighting, High Speed Internet Available, Open Floorplan

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Ceramic Tile, Laminate

Fireplaces Type None

Appliance Disposal, Electric Cooktop, Electric Oven, Electric Range

Heat Source Central

Exterior

Exterior Feature Awning(s), Rain Gutters, Lighting

Fence Back Yard, Fenced, Wood

Utilities Available Cable Available, City Sewer, City Water, Curbs, Electricity Connected, Phone Available, Sewer Available, Sidewalk

Roof Type Composition

Garage No

Building

Lot Description Corner Lot

Story One

Foundation Slab

Level or Stories One

Structure Type Siding,Wood

Schools

Elementary Schools Diamond Hi

Middle Schools Meacham

High Schools Jarvis

School District Fort Worth Isd

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Riann Emch • Orchard Brokerage

NEARBY SCHOOLS & PROPERTIES

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Genevieve Golden

Genevieve Golden

Broker License ID: 0603993

+1(903) 268-6347

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3100 Hale Avenue #101 & 102