3100 Hale Avenue, Fort Worth, Texas

$275,000

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6

Beds

2

Baths

1,960

Square feet

0.15

Acres

About 3100 Hale Avenue

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.

Features of 3100 Hale Avenue

MLS® # 21393742
Price $275,000
Bedrooms 6
Bathrooms 2.00
Full Baths 2
Square Footage 1,960
Acres 0.15
Year Built 2006
Type Residential
Sub-Type Single Family Residence
Style Traditional
Status Active

Community Information

Address 3100 Hale Avenue
Subdivision Moody J M Sub
City Fort Worth
County Tarrant
State Texas
Zip Code 76106-6489

Amenities

Utilities Cable Available, City Sewer, City Water, Curbs, Electricity Connected, Phone Available, Sewer Available, Sidewalk
Features Curbs, Sidewalks
Garages Concrete, No Garage
Is Waterfront No
Has Pool No

Interior

Interior Features Cable TV Available, Decorative Lighting, High Speed Internet Available, Open Floorplan
Heating Central
Fireplace No
Fireplaces None

Exterior

Exterior Features Awning(s), Rain Gutters, Lighting
Lot Description Corner Lot
Roof Composition
Construction Siding, Wood
Foundation Slab

School Information

District Fort Worth ISD
Elementary Diamond Hi
Middle Meacham
High Jarvis

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

AgentRiann Emch
OfficeOrchard Brokerage
Contact Info214-995-6373
Contact Info214-995-6373

Listing Map

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