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$380,000

3124 Cherry Ln

Fort Worth, TX
Active
6
Bedrooms
4
Bathrooms
2,236
Square Feet
0.18
Lot Size (acres)
2007
Year Built
65
Days On Market

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 $1395. 3126 Cherry Lane Vacant for Showings listed for lease at $1395. 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

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Listing Information

Listing Updated
8 days ago
Listed By
Scott Richardson, 8174709365 · Turn Key Real Estate Mgmt LLC, 8777274767
MLS#
21329758
Source
North Texas Real Estate Information Systems (NTREIS)
Status
Active

Facts & Features

Location

Community Information

Address
3124 Cherry Ln, Fort Worth, TX 76116
City
Fort Worth
County
Tarrant
Neighborhood
Broadmoor Add
Zip Code
76116

Architecture

Bedrooms
6
Bathrooms
4
Year Built
2007
Construction Materials
Brick
Building Area
2,236 sq. ft.
Foundation
Slab
Roof
Composition
Levels
One
Garage
Yes
Garage Spaces
2
Parking Features
Attached, Garage

Features & Amenities

Interior Features
Granite Counters, Open Floorplan
Appliances
Dishwasher, Electric Range, Electric Water Heater, Refrigerator
Flooring
Vinyl, Ceramic Tile
Patio and Porch
Covered, Patio
Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Electric, Central

Property Features

Lot Size
0.18 Acres
Water
Public
Sewer
Public Sewer

Square Footage

Total
2,236 sq. ft.

Tax & Financial Information

List Price
$380,000
Annual Taxes
$7,069

Schools

100/100
Idea Rise College Preparatory
Middle · Grades 06–09 · 0.2 mi
City
Fort Worth
Students
239
Student body
57% Hispanic / Latino · 32% Black · 7% White
Free/reduced lunch
88%
Phone
(817) 885-4150
98/100
Leonard Middle
Middle · Grades 06–08 · 1.3 mi
City
Fort Worth
Students
750
Parent reviews
5.0★ avg · 1 review
Student body
48% Hispanic / Latino · 30% Black · 18% White
Free/reduced lunch
79%
Phone
(817) 815-6200
76/100
Applied Learning Academy
Middle · Grades 06–08 · 0.9 mi
City
Fort Worth
Students
317
Parent reviews
5.0★ avg · 1 review
Student body
62% Hispanic / Latino · 24% White · 12% Black
Free/reduced lunch
53%
Phone
(817) 815-5500
74/100
M L Phillips Elementary
Elementary · Grades PK–05 · 1.4 mi
City
Fort Worth
Students
525
Parent reviews
5.0★ avg · 1 review
Student body
58% Hispanic / Latino · 19% Black · 17% White
Free/reduced lunch
83%
Phone
(817) 815-1600
56/100
High Point Academy Fw Elementary
Elementary · Grades KG–05 · 1.1 mi
City
Fort Worth
Students
797
Student body
59% White · 24% Hispanic / Latino · 7% Black
Free/reduced lunch
32%
Phone
(817) 600-1735
53/100
Willoughby House
7th & Above · Grades 09–11 · 0.3 mi
City
Fort Worth
Students
4
Student body
75% White · 25% Black
Phone
(817) 814-2952
52/100
Western Hills Elementary
Elementary · Grades 02–05 · 0.8 mi
City
Fort Worth
Students
798
Student body
45% Hispanic / Latino · 44% Black · 7% White
Free/reduced lunch
98%
Phone
(817) 815-6800
52/100
Fine Arts Academy
Elementary · Grades KG–06 · 1.4 mi
City
Fort Worth
Students
326
Student body
68% White · 22% Hispanic / Latino · 6% Black
Free/reduced lunch
35%
Phone
(817) 367-5396

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

DateEventPrice
08/03/2026Price change$380,000
07/13/2026Listed for sale$400,000

Listed by Scott Richardson · Turn Key Real Estate Mgmt LLC · 8777274767

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: September 8, 2026 at 7:12 PM | Source: North Texas Real Estate Information Systems (NTREIS) | MLS#: 21329758

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