3316 Francis Drive, Fort Worth, TX 76116
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3316 Francis Drive, Fort Worth, TX 76116
3316 Francis Drive, Fort Worth, TX 76116
3316 Francis Drive, Fort Worth, TX 76116
3316 Francis Drive, Fort Worth, TX 76116
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$ 400,000
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3316 Francis Drive Fort Worth, TX 76116

6 Beds

4 Baths

10,323 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Broadmoor Add

MLS Listing ID 21287410

Bedrooms 6

Full Baths 4

HOA Y/N None

Total Fin. Sqft 2240

Year Built 2016

Annual Tax Amount $7,662

Lot Size 10,323 Sqft

Acres 0.237

Property Sub-Type Duplex

Property Description

A rare Turn Key investment opportunity in Fort Worth's West Side. This beautifully built 2017 duplex features two spacious 3-bedroom, 2-bathroom units - each with attached garage and privacy fenced yard. Whether you're adding to your portfolio or stepping into your first investment property, 3316-3318 Francis Ave delivers quality construction, strong rental income, and a location that keeps units leased. Both units are leased, and the rent has room to grow. Updated luxury vinyl plank flooring throughout living areas both units - durable, attractive, tenant-approved. Tile in bathroom and carpet in bedrooms. Total Income $3,225 per month ($38,700 annually) Rents have room to increase at renewal - you're buying in below where the market is heading. No HOA - your asset, your rules. Very good overall condition - this is not a project, it's a performer. Electricity and Water separately metered and residents responsibility. Property Taxes 2025 $7,661. Annual Insurance 2025 $1,782. Why West Fort Worth? Why Now? DFW's growth is shifting west. The Westoplex - western Tarrant and Parker Counties - is where land, capital, and corporate expansion are heading as the eastern metro fills up. Investors who position now are buying ahead of the wave. The fundamentals are hard to beat: Anchor employers that don't blink - Lockheed Martin, Naval Air Station JRB, Bell Textron, and the West Fort Worth medical corridor keep tenant demand steady year after year. Camp Bowie is booming - record-low retail vacancy, new multifamily, new restaurants, visible reinvestment driving rents up. Texas tailwinds - no state income tax, landlord-friendly laws, sustained population growth. This property is professionally managed by Turn Key Real Estate Management, LLC a full-service residential property management company serving the DFW Metroplex since 2008 and the current management team is happy to continue serving the new owner, making for a truly turnkey investment from day one

Location

State TX

County Tarrant

Direction GPS

Interior

Interior Features Decorative Lighting, Granite Counters, Walk-In Closet(s)

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Ceramic Tile, Luxury Vinyl Plank

Appliance Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator

Heat Source Central, Electric

Exterior

Garage Spaces 2.0

Fence Wood

Utilities Available Cable Available, City Sewer, City Water, Electricity Available, Electricity Connected, Individual Water Meter, Sewer Available

Roof Type Composition

Garage Yes

Building

Story One

Foundation Slab

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Westn Hill

Middle Schools Leonard

High Schools Westn Hill

School District Fort Worth Isd

Others

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21287410


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Scott Richardson • Turn Key Real Estate Mgmt LLC
Krys Jackson

Krys Jackson

Agent

+1(214) 732-0189

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3316 Francis Drive