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3124 Cherry Lane Fort Worth, Texas 76116

For Sale

$390,000

Smart Buyer Rebate $3,900

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

Listed by Scott Richardson

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Turn Key Real Estate Mgmt LLC

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877-727-4767

Last updated July 29, 2026

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Source: NTREIS #21329758

Listing Facts

  • TypeMulti-family
  • NeighborhoodWestern Hills North
  • Bedrooms6
  • Bathrooms4
  • Days on Prevu22

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Pets Allowed
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

07/29/2026
Price Decreased
$390,000
07/10/2026
Listed by Turn Key Real Estate Mgmt LLC
$400,000

Property Details for 3124 Cherry Lane

Exterior

Construction

  • Number Of Units Total: 2
  • Roof: Composition
  • Year Built: 2007
  • Year Built Details: Preowned
  • Construction Materials: Brick, Siding

Features

  • Fencing: Wood
  • Patio And Porch Features: Covered, Patio

Measurements

  • Building Area Total: 2,236
  • Lot Size Acres: 0.17
  • Lot Size Area: 0
  • Lot Size Square Feet: 7,797
  • Lot Size Units: Acres

Financial

Residential Income

  • Operating Expense Includes: Insurance,New Tax

Taxes

  • Parcel Number: 41493060

Interior

Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Flooring: Ceramic Tile, Luxury Vinyl Plank
  • Interior Features: Granite Counters, Open Floorplan

Rooms

  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 6

Other

General

  • Exclusions: Resident Belongings

Location

  • Subdivision Name: Broadmoor Add
  • Tax Block: 16
  • Tax Lot: 8

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Garage

Schools

Elementary School

  • Elementary School: Westn Hill

Utilities

Equipment

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central, Electric
  • Utilities: City Sewer, City Water, Individual Water Meter

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 6 bedrooms and 4 bathrooms in this multi-family home at 3124 Cherry Lane .

What schools are nearby to 3124 Cherry Lane ?

Nearby schools include the Westn Hill Elementary School.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 3124 Cherry Lane .

How does 3124 Cherry Lane compare to other multi-family homes in Western Hills North?

This multi-family home is listed 6% above the average price for multi-family homes in Western Hills North and has been on the market for 62 less days than the typical home in this area.

What building or home owners association is the multi-family home part of?

This multi-family home is in the None building.

3124 Cherry Lane is a 6-bedroom, 4-bath multi-family home for sale in Fort Worth Texas 76116. Available on Prevu for 22 days at $390,000. This includes a recent price decrease of $10,000. This home is located in Western Hills North. The median listing price for multi-family homes in this area is $316,698. Nearby schools include Westn Hill Elementary School. Property amenities include private outdoor space, dishwasher, pets allowed, air conditioning, and parking. View other multi-family home listings in Fort Worth.

Based on information from NTREIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.