Selected for the Terner Labs Housing Venture Lab

3200 Cherry Lane, Fort Worth, TX 76116

Active
Listed 68 days ago
Owner-Occupant Eligible
$507,500

About $2,092 a month to live here, after the rent from the other home.

Duplex2,188 sqft6 beds2 bathsListed Sep 5, 2026

A duplex. Live in one home and rent out the other. How it works

Live here for about

$2,092a month

The other home rents for $1,650. We hold back $248 of that for repairs and an empty month, and the rest goes toward a $3,494 monthly payment.

Income to qualify: about $83,000 a year

With how much down?

At 20% down ($101,500) and 5.6%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $70,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$17,763 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Beautiful Fort Worth duplex built in 2017 with an excellent combination of comfort, location, and investment potential. Each side features 3 bedrooms and 2 bathrooms, a spacious living area, an adjoining dining space, and a modern upgraded kitchen. Rich dark wood plank flooring and LVP flooring throughout the home create a warm and inviting feel, complemented by nice paint and well maintained interiors. Each unit also offers its own private backyard, providing additional outdoor space for residents to enjoy. With no HOA, this property offers flexibility and lower ownership costs, making it an attractive opportunity for both investors and owner occupants. One side is currently occupied by a long term tenant paying $1,650 per month, providing immediate rental income and strong potential for positive cash flow. The property is an excellent choice for an investor looking to add a solid rental property to their portfolio or for an owner occupant who wants to live in one side while renting out the other side to help offset the mortgage. Conveniently located right off Camp Bowie Boulevard with easy access to I 30, this duplex provides quick access to major roads, shopping, dining, entertainment, and employment centers. Downtown Fort Worth is approximately 12 minutes away, making this an ideal location for residents who want convenient access to everything Fort Worth has to offer. Whether you are looking for an investment property with rental income or a property where you can live in one unit and generate income from the other, this beautiful duplex offers an excellent opportunity. With its 2017 construction, desirable floor plan, private backyards, no HOA, attractive interior finishes, and convenient location, this property is one you will not want to miss.

Duplex

Property Type

6,490 sqft

Lot Size

2017

Year Built

Listing Date: 09/05/2026

Listed by: Gokul Humagain

Listing office: VisaLand Realty

Source: NTREIS #21379453

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$507,500

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$507,500
Your Down Payment$101,500
Financed$406,000
Estimated Monthly Payment$3,494

Before rent: principal and interest at 5.6% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($101,500) and 5.6%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$3,494/month
Principal + Interest
$2,331
Property Taxes
$806
Home Insurance
$357
Rental Income (1 Unit)
$1,650/month

From the listing description.

Rental Expenses
-$248
Cost to live here
$2,092/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

NTREIS logo

MLS# 21379453 · Listing office: VisaLand Realty

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.