3316 Francis DR, Fort Worth, TX 76116
3316 Francis DR, Fort Worth, TX 76116
3316 Francis DR, Fort Worth, TX 76116
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Jawad Karim

Jawad Karim

+1(214) 494-9242
$400,000
Est. payment /mo
6 Beds
4 Baths
2,240 SqFt
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,240 sqft

Price per Sqft $178

Subdivision Broadmoor Add

MLS Listing ID 21287410

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 2016

Annual Tax Amount $7,662

Lot Size 10,323 Sqft

Acres 0.237

Property Sub-Type Duplex

Property Description

A rare Turn Key investment opportunity in Fort Worth's West Side. This beautifully built 2017 duplex features two spacious 3-bedroom, 2-bathroom units - each with attached garage and privacy fenced yard. Whether you're adding to your portfolio or stepping into your first investment property, 3316-3318 Francis Ave delivers quality construction, strong rental income, and a location that keeps units leased. Both units are leased, and the rent has room to grow. Updated luxury vinyl plank flooring throughout living areas both units - durable, attractive, tenant-approved. Tile in bathroom and carpet in bedrooms. Total Income $3,225 per month ($38,700 annually) 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. Electricity and Water separately metered and residents responsibility. Property Taxes 2025 $7,661. Annual Insurance 2025 $1,782. Why West Fort Worth? Why Now? DFW's growth is shifting west. The Westoplex - 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, new multifamily, new restaurants, visible reinvestment driving rents up. Texas tailwinds - no state income tax, landlord-friendly laws, sustained population growth. This property is professionally managed by Turn Key Real Estate Management, LLC a full-service residential property management company serving the DFW Metroplex since 2008 and the current management team is happy to continue serving the new owner, making for a truly turnkey investment from day one

Location

State TX

County Tarrant

Direction GPS

Interior

Interior Features Decorative/Designer Lighting Fixtures, Granite Counters, Walk-In Closet(s)

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Carpet, Ceramic Tile, Luxury Vinyl Plank

Fireplace No

Appliance Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator

Exterior

Parking Features Garage Faces Front, Garage

Garage Spaces 2.0

Fence Wood

Pool None

Utilities Available Cable Available, Electricity Available, Electricity Connected, Sewer Available, Separate Meters, Water Available

Water Access Desc Public

Roof Type Composition

Total Parking Spaces 2

Garage Yes

Private Pool No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Schools

Elementary Schools Westn Hill

Middle Schools Leonard

High Schools Westn Hill

School District Fort Worth Isd

Others

Tax ID 00289728

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Jawad Karim

Jawad Karim

+1(214) 494-9242

Agent | License ID: 0793142

Agent License ID: 0793142

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