Fort Worth, TX 76123 8521 Gatlinburg Drive
$319,900
OPEN HOUSE Sat, May 03 2025 01:00 PM - 03:00 PM
10 more
- MLS# 20916372
- 04/26/2025
Presented By: Thanh Tran with eXp Realty, LLC; 888-519-7431
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Beds • 6
Baths • 4
SQFT • 2,012
Garage • 4
Year Built • 1986
Home Details
FULL DUPLEX! 8521 & 8523 included. Great Investment Opportunity OVER 1% RULE with Long-Term Tenants! This cash-flowing duplex brings in $3,350 a month in gross rent, easily clearing the 1% rule, a smart move for investors focused on income and stability. Each unit features a well-designed open floor plan with 3 bedrooms, 2 bathrooms, a spacious living area, and a 2-car garage. Both units include durable vinyl plank flooring throughout, no carpet. making them easy to maintain and appealing to tenants. Unit 8521: Current rent is $1,850 a month, HVAC around 3 years old, water heater around 4 years old, kitchen has granite countertops. Unit 8523: Current rent is $1,500 a month, HVAC is around 2 years old, water heater is less than 6 months old. Conveniently situated near schools, shopping centers, restaurants, and major thoroughfares, this property checks all the boxes for rental desirability. Long-term tenants and strong returns make this an opportunity you don’t want to overlook. All information deemed reliable but not guaranteed. Buyers and agents to verify all data.
Presented By: Thanh Tran with eXp Realty, LLC; 888-519-7431
Interior Features for 8521 Gatlinburg Drive
Bedrooms
Total Bedrooms6
Bathrooms
Total Baths4
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace FeaturesMasonry, WoodBurning
Fireplace Y/NYes
FlooringCarpet, LuxuryVinylPlank
Heating Y/NYes
Interior AmenitiesEatInKitchen, GraniteCounters, HighSpeedInternet, OpenFloorplan, Pantry, CableTv, WalkInClosets
Total Fireplaces2
General for 8521 Gatlinburg Drive
Additional Parcels Y/NNo
AppliancesDishwasher, ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater, Disposal, Microwave
Attached Garage Yes
AttributionContact888-519-7431
Cap Rate9.38
Carport Spaces0.0
Carport Y/NNo
CityFort Worth
Construction MaterialsBrick
CoolingCentralAir, CeilingFans, Electric
CountyTarrant
DirectionsSee GPS
Electric On Property Y/NNo
Elementary SchoolJackie Carden
Elementary School DistrictCrowley ISD
Full Baths4
Garage Spaces4.0
Garage Y/NYes
Gross Income40200.0
HOANo
HeatingElectric
High SchoolCrowley
High School DistrictCrowley ISD
Home Warranty Y/NNo
Insurance Expense2000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionSOUTHGATE ADDITION-FT WORTH BLOCK 17 LOT 6
LevelsOne
Lot Size Square Feet5924.16
Lot Size UnitsAcres
Middle/Junior High SchoolCrowley
Middle/Junior School DistrictCrowley ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-30T00:57:23.567-00:00
Net Operating Income30000.0
New ConstructionNo
Number Of Units Total2
Occupancy TypeTenant
Pool FeaturesNone
PossessionCloseOfEscrow, Negotiable, SubjectToTenantRights
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories1
Subdivision NameSouthgate Add
Tax Annual Amount7566.0
Tax Lot6
UtilitiesElectricityAvailable, ElectricityConnected, SewerAvailable, WaterAvailable, CableAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1986
Year Built DetailsPreowned
Exterior for 8521 Gatlinburg Drive
Building Area Total2012.0
Covered Spaces4.0
Crops Included Y/NNo
FencingWood
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.136
Lot Size Area0.136
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesDoorMulti, Driveway, GarageFacesFront, Garage
Road Frontage TypeAllWeatherRoad
SpaNo
Total Parking8.0
Water SourcePublic
Additional Details
Price History
Schools
High School
Crowley High School
Middle School
Crowley Middle School
Elementary School
Jackie Carden Elementary School
Suzanne Smith
Broker/Owner