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3151 & 3153 Karen Street Fort Worth, TX 76116
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Broadmoor Add
MLS Listing ID 21176659
Bedrooms 6
Full Baths 4
Year Built 2007
Annual Tax Amount $7,697
Lot Size 7,797 Sqft
Property Sub-Type Duplex
Property Description
Turnkey 2007 Duplex Near Lockheed Martin – Strong Rental Corridor:
Well-maintained 2007-built duplex featuring two 3-bedroom, 2-bath units (1,094 SF each) with attached 1-car garages and interior laundries—a highly desirable layout for long-term tenants. Three-bedroom duplex inventory in this submarket is limited, supporting strong rental demand and tenant retention.
Strategically located just off I-30 with immediate access to Hwy 183, 820, Downtown Fort Worth, the Medical District, Lockheed Martin, and NAS JRB, this property sits in a proven employment-driven rental corridor. Proximity to major employers provides consistent leasing demand and long-term stability.
Value-Add + Lease-Up Opportunity:
One unit recently updated and currently vacant (ideal for owner-occupant house hack or market-rate lease-up)
Second unit scheduled to vacate by March 1, allowing for full rent repositioning
Opportunity to reset both units to current market rents
Built in 2007, this asset offers lower maintenance exposure compared to older duplex inventory, making it an attractive hold for investors seeking stable cash flow with appreciation upside.
Strong rent fundamentals. Prime commuter location. Solid construction vintage.
An ideal addition to a buy-and-hold portfolio.
Location
State TX
County Tarrant
Interior
Heating Electric
Cooling Central Air, Electric
Flooring Carpet, Tile
Exterior
Garage Spaces 2.0
Fence Back Yard
Utilities Available Asphalt, City Sewer, City Water, Underground Utilities
Roof Type Composition
Building
Story One
Foundation Slab
Structure Type Brick
Schools
Elementary Schools Westn Hill
Middle Schools Leonard
High Schools Westn Hill
School District Fort Worth Isd
Others
Acceptable Financing Cash, Conventional, FHA, Texas Vet, VA Loan
Listing Terms Cash, Conventional, FHA, Texas Vet, VA Loan
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