Fort Worth, TX 76116 3151 & 3153 Karen Street
$360,000
Pending



18 more


















Presented By: Prime Properties Realty
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
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.
Presented By: Prime Properties Realty
Interior Features for 3151 & 3153 Karen Street
Bedrooms
Total Bedrooms6
Bathrooms
Half Baths0
Total Baths4
Other Interior Features
Basement Y/NNo
Fireplaces Total0
FlooringCarpet, Tile
Interior FeaturesEat-in Kitchen
Lock Box TypeCombo
Total Units2
Unit Count1
Window FeaturesWindow Coverings
General for 3151 & 3153 Karen Street
# of Buildings1
Accessory Unit Y/NNo
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave
Capitalization Rate3.81
Carport Spaces
CityFort Worth
Complex NameBroadmoor Addition
Construction MaterialsBrick
CoolingCentral Air, Electric
CountyTarrant
DirectionsFrom I-30 go south on Cherry Lane. Turn right on Arbor Ave., right on Karen Street. Duplex is 3rd one on the right.
Elementary SchoolWestn Hill
Elementary School NameWestn Hill
Full Baths4
Gross Annual Expenses24697.00
HOA TypeNone
HeatingElectric
High SchoolWestn Hill
Insurance Expense3282
LevelsOne
Listing TermsCash, Conventional, FHA, Texas Vet, VA Loan
Number of Garage Spaces2
Occupant TypeVacant
Operating Expense IncludesInsurance, Maintenance, Mortgage/Loans
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
School DistrictFort Worth ISD
Standard StatusPending
StatusPending
Subdivision NameBroadmoor Add
Unexempt Taxes7697
UtilitiesAsphalt, City Sewer, City Water, Underground Utilities
Virtual Tour URL UnbrandedClick here
Will SubdivideSubdivided
Year Built2007
Year Built DetailsPreowned
Exterior for 3151 & 3153 Karen Street
Attached Garage Y/NYes
Building Area Total2188.00
Covered Spaces2
FencingBack Yard
Foundation Slab
Garage Y/NYes
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.1790
Lot Size Area0.1790
Lot Size SourceAssessor
Lot Size Square Feet7797.2400
Lot Size UnitsAcres
Number Of Parking Spaces4
Parking FeaturesDriveway, Garage, Garage Faces Front
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Westn Hill Elementary School
High School
N/A
Middle School
N/A
Suzanne Smith
Broker/Owner
