Investors take note of this beautifully remodeled, tenant occupied duplex in Fort Worth. Fully tenant-occupied with room to increase rents to make value. Unit 1003 is for $1,350, lease ends May 1, 2026 and Unit 1005 is rented for $1,400, lease ends July 31, 2026. Both units have been upgraded with luxury vinyl plank flooring, painted cabinets, and neutral paint colors ensuring a modern, low-maintenance appeal. Each offer their own driveway for parking and fully fenced individual yards. Conveniently located near shops, dining, and highways, this property provides a central location that tenants and homeowners alike will love. Don't miss out on this exceptional investment opportunity!
Multi-familyProperty Type
1984Year Built
8,843 sq ftLot Size
$189Est. Price/Sq.Ft.
8 spacesParking
Listed by Amanda Ryan• Keller Williams Lonestar DFW
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
8,836 Sq. Ft.
Year renovated
1984
Sq. Ft.
1,600
Year built
1984
Style
Multi-Family (2-4 Unit)
County
Tarrant County
APN
04985249
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 18, 2026.
B
Two-Family District
It is the purpose of the two-family (B) district to provide a specific zone for the development of a maximum of two dwelling units upon a single lot and such uses accessory thereto.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Single unit
Housing-Multiple units
Public service
Educational/school
Library
Museum / gallery
Golf related
Park & open space
Property details
Parking
Parking Information
Carport Spaces: 0
Covered Spaces: 0
Number Of Parking Spaces: 8
Parking Features: Driveway
Parking & Garage
Garage Spaces: 0
Interior
Virtual Tour
Bathroom Information
Bathrooms Full: 2
Bathrooms Total Decimal: 2
Bathrooms Total Integer: 2
Bedroom Information
Bedrooms Total: 4
Fireplace Information
Fireplaces Total: 0
Heating & Cooling
Cooling: Central Air, Electric
Heating: Central, Electric
Interior Features
Appliances: Electric Cooktop, Electric Oven
Levels: One
Flooring: Luxury Vinyl Plank
Interior Features: Eat-in Kitchen, Open Floorplan, Walk-In Closet(s)
Multi-Unit Information
Number Of Buildings: 1
Number Of Units Total: 2
Unit Count: 2
Gross Annual Income: 31200.00
Gross Annual Expenses: 5757.00
Insurance Expense: 912
Net Operation Income: 25443
Exterior
Building Information
Roof: Composition
Construction Materials: Brick, Wood
Foundation Details: Slab
Lot Information
Lot Size Acres: 0.2030
Lot Size Area: 0.2030
Lot Size Square Feet: 8842.6800
Lot Size Units: Acres
Parcel Number: 04985249
RATIO List Price By Lot Size Acr: 1463054.18719
Will Subdivide: No
Property Information
Property Type: Residential Income
Property Sub Type: Duplex
Accessibility Features YN: No
Multi Parcel IDYN: No
Property Key: 48439|04985249|1|36999393
Property Match: APN
US Property MUI: 401792852
Building Information
Building Area Total: 1600.00
Building Area Source: Assessor
Year Built: 1984
Year Built Details: Preowned
Smart Home Features Appor Pass Y: No
Financial
Tax Information
Tax Legal Description: KELCO ACRES ADDITION LOT 9A
Tax Lot: 9A
Unexempt Taxes: 4845
Financial Information
Buyer Financing: Cash
Capitalization Rate: 8.57
Loan Type: Treat As Clear
Second Mortgage YN: No
Utilities
Utility Information
Municipal Utility District YN: No
Utilities: City Sewer, City Water
Location
HOA Information
Association Type: None
School Information
Elementary School: Atwood
Elementary School Name: Atwood
High School Name: Eastern Hills
Middle School Name: Handley
School District: Fort Worth ISD
Location Information
County Or Parish: Tarrant
Country: United States
Directions: From I-30: S on Oakland Blvd. Turn left onto Hampshire Blvd. Right onto Tierney Road.
Latitude: 32.73310200
Longitude: -97.24469900
Geocode Confidence: High
Complex Name: Kelco Acres
Subdivision Name: Kelco Acres Add
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,600
Stories: 1.0
Lot Size: 8,836 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1984
Year Renovated: 1984
County: Tarrant County
APN: 04985249
Home facts updated by county records on Sep 18, 2026
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 17
Possession: Closing/Funding, Lease Outstanding
Seller Contributions: 0
Special Listing Conditions: Standard
Standard Status: Closed
Third Party Assistance Program Y: No
Listing Date Information
Days On Market: 172
Cumulative Days On Market: 172
Close Date: 2025-08-27
Purchase Contract Date: 2025-08-18
Expiration Date Option: 2025-08-23
Listing Contract Date: 2025-02-27
Off Market Date: 2025-08-18
Price Change Timestamp: 2025-04-28T16:43:40.230
Status Change Timestamp: 2025-08-28T09:00:30.977
Listing Price Information
Original List Price: 300000.00
Previous List Price: 300000.00
List Price: 297000.00
RATIO Close Price By Lot Size Ac: 1339901.47783
RATIO Current Price By Lot Size: 1339901.47783
Around this home
Schools
Sagamore Hill Elementary School
Public PreK-5 • Assigned • 0.7mi
4/10
Meadowbrook Middle School
Public 6-8 • Assigned • 1.3mi
4/10
Eastern Hills High School
Public 9-12 • Assigned • 1.3mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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