3817 Trail Lake Drive, Fort Worth, Texas 76109

$489,000
5
BD
List Price
$489,000
MLS#
14386188
Status
ACTIVE
Type
Multifamily
Year Built
1949
Construction Status
Preowned
Bedrooms
5
Full Baths
3
Acres
0.33
County
Tarrant
Area
FW-CENTRAL WEST & SOUTHWEST(TCU) (107)
City
Fort Worth
Subdivision
Westcliff Add
Building Name
3817 Trail Lake

Property Description

Great investment property in the TCU area. Currently leased through May 2021. Always stays rented with 5 large bedrooms, 3 bathrooms, 2 car attached garage and plenty of space to accommodate 5 tenants easily on a single story. Large fenced in backyard on a corner lot. New windows, roof and gutters within the last 5 years. Hardwood floors, granite countertops and much more. Property is grandfathered in the TCU overlay.

Additional Information

HOA
No HOA
HOA Freq
Other
Amenities
Fireplace
Annual Insurance
1250
Gross Annual Expenses
3000
Gross Annual Income
54000
Lot Size
14,200
Acres
0.33
Lot Description
Corner, Some Trees
Subdivided
No
Interior Features
Cable TV Available, High Speed Internet Available
Flooring
Carpet, Ceramic Tile, Wood
Foundation
Pier & Beam
Roof
Composition
Stories
1
Fireplaces
1
Fireplace Type
Wood Burning
Street Utilities
City Sewer, City Water
Heating Cooling
Central Air-Elec, Central Heat-Gas
Exterior
Covered Porch(es), Gutters
Construction Material
Rock/Stone
Parking Garage
2-Car Double Doors, Covered, Garage, Garage Door Opener
Total Num Parking
6
School District
Fort Worth Isd
Elementary School
Westcliff
Middle School
Mclean
High School
Paschal
Proposed Financing
Cash, Conventional, Owner Carry First
Building Sq. Ft.
2473
Number of bldgs.
1
Number of units
1
Occupancy Rate
100
Tenancy
No Smoking
Possession
Lease Outstanding
Cap Rate
8.59

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Trey D. Cushman, Broker.