About 3753 Meadowbrook Drive
Want a rental property that actually produces positive cash flow? Here it is. Currently fully leased duplex. One lease expires 11.2024 and the other 1.2024. Great property for a house hack or first time investor. Tenants pay all utilities. Located minutes away from Texas Weslyan University. Back on market because borrowers changed their minds.
Features of 3753 Meadowbrook Drive
| MLS® # | 20477644 |
|---|---|
| Price | $289,999 |
| Units | 2 |
| Bedrooms | 3 |
| Full Baths | 2 |
| Building Area Total | 1,870 |
| Acres | 0.19 |
| Year Built | 1931 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 3753 Meadowbrook Drive |
|---|---|
| Subdivision | Stratford Add |
| City | Fort Worth |
| County | Tarrant |
| State | TX |
| Zip Code | 76103-2638 |
Amenities
| Utilities | City Sewer, City Water |
|---|---|
| Garages | Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Cable TV Available |
|---|---|
| Heating | Central, Electric |
| Fireplace | No |
Exterior
| Roof | Composition |
|---|---|
| Construction | Brick |
| Foundation | Slab |
School Information
| District | Fort Worth ISD |
|---|---|
| Elementary | Meadowbrook |
| Middle | Meadowbrook |
| High | Eastern Hills |
Additional Information
| Net Operation Income | $21,048 |
|---|---|
| Gross Annual Income | $28,056 |
| Gross Annual Expenses | $4,008 |
| Insurance Expense | $3,000 |
| CapitalizationRate | 7.26 |
Unit 1 Details
| Type | 2 Bedroom |
|---|---|
| Full Baths | 1 |
| Rent | $1,438 |
| SqFt | 1,138 |
Unit 2 Details
| Type | 1 Bedroom |
|---|---|
| Full Baths | 1 |
| Rent | $900 |
| SqFt | 733 |
Listing Details
| Agent | Mina Hemani |
|---|---|
| Office | Alna Realty |