Selected for the Terner Labs Housing Venture Lab

3425 and 3427 Republic Drive, Forest Hill, TX 76140

Active
Listed 63 days ago
Owner-Occupant Eligible
$374,975

About $1,441 a month to live here, after the rent from the other home.

Duplex2,600 sqft6 beds4 bathsListed Sep 10, 2026

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

Live here for about

$1,441a month

The other home rents for $1,600. We hold back $264 of that for repairs and an empty month, and the rest goes toward a $2,777 monthly payment.

Income to qualify: about $63,000 a year

With how much down?

At 20% down ($74,995) 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 $52,000 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.

$13,124 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Turnkey Full Duplex in Forest Hill – High-Yield Investment Opportunity Excellent opportunity to acquire a cash-flowing, renovated, low-maintenance full duplex located at 3425 & 3427 Republic Dr, Forest Hill, TX. Perfect for a portfolio addition or a house-hack investor looking to live in one side while letting the neighboring tenant pay down the mortgage. Financial and Property Highlights: • Strong Performance Metrics: Delivering an incredible 7.56% Cap Rate for self-managed owners, or a strong 6.78% Cap Rate under professional management. • Clean Operational Structure: Tenants pay 100% of all utilities (individually metered for electric, water, and trash), leaving zero seasonal utility risk or overhead drag for the owner. • Immediate Cash Flow & Showings: Unit 3425 is currently occupied by a stable tenant paying $1,600 per month. Unit 3427 is intentionally vacant, freshly prepared for immediate buyer showings, and has a proven historical rental rate of $1,600 per month. • Major Capital Expense Completed: Features a brand-new roof (Oct 2026), significantly reducing any near-term maintenance exposure and securing your equity. • Low Fixed Expenses: Total documented holding costs include $5,279.87 in annual property taxes and $1,640.19 in annual property insurance. Property Layout: Each side features a spacious, highly functional 3-bedroom, 2-bathroom layout (6 bedrooms and 4 bathrooms total across the entire asset, totaling approximately 2,600 square feet). Units feature functional open concepts, durable flooring tailored for tenant longevity, and ample dedicated parking. Positioned in a high-demand rental submarket of Tarrant County with easy transit access across the DFW Metroplex, this asset is optimized for long-term equity growth and steady monthly yields. Excludes: All tenants personal property.

Duplex

Property Type

3,920 sqft

Lot Size

1986

Year Built

Listing Date: 09/10/2026

Listed by: Maria Madigan

Listing office: Great Real Estate, Inc.

Source: NTREIS #21383328

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%
$374,975

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$374,975
Your Down Payment$74,995
Financed$299,980
Estimated Monthly Payment$2,777

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 ($74,995) and 5.6%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$2,777/month
Principal + Interest
$1,722
Property Taxes
$564
Home Insurance
$491
Rental Income (1 Unit)
$1,600/month

From the listing description.

Rental Expenses
-$264
Cost to live here
$1,441/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# 21383328 · Listing office: Great Real Estate, Inc.

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.