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Property Description
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
Full Property Details
Full Property Details for 3124 Cherry Ln
General
- Price: $400,000
- Taxes: $7,069
- Status: Active
- Type: Duplex
- Source: NTREIS
- MLS ID: 21329758
- Updated: 7/13/2026
- Added to Site: Today
Interior
- Interior Features: Granite Counters, Open Floorplan
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
- Flooring: Ceramic Tile, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Exterior
- Porch/Patio/Deck: Covered, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 2
- Parking Features: Garage
Location
- County: Tarrant
- Subdivision: Broadmoor Add
- Driving Directions: GPS
School Information
- Elem School District: Fort Worth ISD
- Midd School District: Fort Worth ISD
- High School District: Fort Worth ISD
- Elementary School: Westn Hill
- Middle School: Leonard
- High School: Westn Hill
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Separate Meters, Water Available
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 2,236
- Sq. Ft. Source: Assessor
- Year Built: 2007
Lot Features
- Lot Size (Acres): 0.179
- Lot Size (Sq. Ft.): 7,797.24
- Fencing (Description): Wood
Financial Considerations
- Tax Amount: $7,069
Disclosures and Reports
- Legal Description: BROADMOOR ADDITION-FORT WORTH BLOCK 16 LOT 8
- Exclusions: Resident Belongings
- Property ID: 41493060
- Block: 16
- Lot Number: 8
Listed by Turn Key Real Estate Mgmt LLC, Scott Richardson
Get Pre-Approved Today
Schools
Schools serving 3124 Cherry Ln
School District:Fort Worth Independent School District
| Name | Grades | Distance |
|---|---|---|
Western Hills Primary School 8300 Mojave Trail, Fort Worth, TX 76116 | PK-1 | 0.7 mi |
Western Hills Elementary School 2805 Laredo Drive, Fort Worth, TX 76116 | 2-5 | 0.8 mi |
Leonard Middle School 8900 Chapin Road, Fort Worth, TX 76116 | 6-8 | 1.3 mi |
Western Hills High School 3600 Boston Ave, Fort Worth, TX 76116 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3124 Cherry Ln
Date
Details
Price
Change
Source
7/13/2026
Listed
$400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3124 Cherry Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,068
-4%
$322,898
-4%
2023
$7,354
—
$335,000
3%
2023
$7,354
4%
$325,000
19%
2022
$7,104
9%
$273,276
13%
2021
$6,517
-2%
$242,441
—
2020
$6,658
6%
$242,724
2%
2019
$6,275
22%
$237,069
26%
2018
$5,159
-7%
$187,524
-6%
2017
$5,542
8%
$199,009
10%
2016
$5,136
88%
$181,301
91%
2015
$2,725
1%
$95,000
—
2013
$2,696
—
$95,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3124 Cherry Ln
3124 Cherry Lane, Fort Worth, TX 76116 (MLS# 21329758) is a Duplex property with 6 bedrooms and 4 full bathrooms. 3124 Cherry Lane is currently listed for $400,000 and was received on July 13, 2026. Want to learn more about 3124 Cherry Lane? Do you have questions about finding other Duplex real estate for sale in Fort Worth? You can browse all Fort Worth real estate or contact a Coldwell Banker agent to request more information.

