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
$186Price/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 Jun 24, 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 Jun 24, 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
Local insights from Redfin agents
There’s an energetic feel here, with shopping and dining at Alliance Town Center and plenty of room to enjoy the outdoors. Arcadia Trail Park brings creekside scenery and miles of trails, creating a nice balance of everyday convenience and open...
Fort Worth has a personality that feels distinctly different from the rest of DFW, blending its Western heritage with a growing restaurant, arts, entertainment, and business scene. What I appreciate most is how much the experience changes across the...