1409 Allen Ave
Two blocks off Magnolia Avenue in Historic Fairmount, a 1920 duplex taken to the studs and rebuilt with designer finishes. Two self-contained units under one roof, roughly 1,036 square feet each, each with its own private entry, full kitchen, living room, and bedrooms. Live in one and rent the other, run both as furnished rentals, or hold a proven income property on one of Fairmount's best blocks. The character is original and intact: wood floors, shiplap walls and ceilings, statement lighting, gas ranges, and built-ins. A mint-cabinet kitchen with open shelving and a vintage brass faucet, tufted seating, and warm, livable rooms that photograph as well as they show. Outside, the signature double-stacked covered porches run the full width of the house, strung with cafe lights and shaded by mature trees: balcony above, gathering space below. Recent, documented updates take the guesswork out: a full 2018 designer renovation, exterior paint and updated siding in 2022, a new water heater in 2024, and individual electric meters. The numbers back it up. The property has averaged about $70,000 a year in furnished-rental income and is tracking toward $80,000 in 2026, owner-reported P&L is in transaction desk. Available fully turnkey with all furnishings, linens, and operating setup for an additional $25,000 under a separate bill of sale; seller's preference is to sell turnkey. Steps from the restaurants, coffee shops, and bars on Magnolia, and minutes from TCU, the Cultural District museums, the Near Southside medical district, and the Stockyards. Fort Worth ISD: Lily B. Clayton Elementary, McLean Middle, Paschal High. 2,072 total square feet, six bedrooms, three baths, on an interior Fairmount lot with on-street parking. Seller is a licensed real estate agent. Buyer to verify square footage, schools, taxes, and income.
Listing Information
Facts & Features
Location
Community Information
Architecture
Features & Amenities
Property Features
Square Footage
Tax & Financial Information
Schools
Lily B Clayton Elementary
Van Zandt-Guinn Elementary
Daggett Middle
De Zavala Elementary
Paschal High School
Daggett Elementary
Daggett Montessori
Young Women's Leadership Academy
School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.
Historical Data
Price History
| Date | Event | Price |
|---|---|---|
| 06/01/2026 | Listed for sale | $550,000 |
Listed by Jamey Ice · 6th Ave Homes · 8176319803
Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, North Texas Real Estate Information Systems (NTREIS). All rights reserved.
Last Updated: July 16, 2026 at 6:11 PM | Source: North Texas Real Estate Information Systems (NTREIS) | MLS#: 21280934

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