tomo logo

$500,000

Beds
7
Baths
4.0
sq ft
4,128

3000 S Jennings Ave, Fort Worth, TX 76110

3000 S Jennings Ave

Fort Worth, TX 76110

  • 4 days on market
    • Open house Jan 25
Located near TCU, the Medical District, Magnolia Avenue, and with quick freeway access, this stunning historic duplex is a prime investment opportunity. Current use is a duplex, but could easily be walled separate to turn into a triplex or Short Term Lease. Show stopper, blending vintage charm with modern amenities, it offers the character of a historic home alongside updated kitchens and bathrooms, appealing to tenants seeking both style and convenience. Each unit features spacious living areas with decorative fireplaces, detailed moldings, and refinished hardwood floors throughout. The second living spaces in both units are ideal for use as a study, library, or cozy lounge. 2 Bedrooms include ensuite bathrooms and ample storage, ensuring tenant comfort. Up stairs units has two access points making it easy to split the 4 bed, 2 bath and 2 full kitchens into TWO 2 bed, 1 bath units. Electrical and plumbing was updated when the home was rehabbed. The property also boasts a charming fenced yard, accessible from the mudroom, leading to a generous parking area at the rear. Its desirable location and move-in-ready condition make it an ideal income-generating asset for investors looking to attract long-term renters in this highly sought-after area. Seize this opportunity to own a duplex or triplex that combines historic elegance, modern functionality, and unmatched rental potential.

Details

Property type

Single Family Residence

Est. home value

$530,782

Lot size

7,492.32 sq ft

Price per sq ft

$122

Year built

1912

Annual property taxes

$13,680

Price History

01/17/2025
NTREIS

NTREIS #20811533

Listed
$500,000
03/19/2021
NTREIS

NTREIS #14459426

Removed

Schools & Community

Neighborhood: 

Jennings - May St. Louis

Elementary school: 

Daggett

Middle school: 

Rosemont

High school: 

Paschal

School district: 

Fort Worth ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$94,812
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$365,188
Cash to seller
$94,812

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Efinity Financial Inc

Loan start date

March 2021

Original loan amount

$400,000

Est. remaining balance

$365,188

Interest rate

2.73%

Loan type

VA, 30 year

Seller

Paul Lee Kim

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/21/2025 at 10:55 PM

Listing updated: 01/21/2025 at 5:38 PM

Listed by: Jose De La Fuente, The Property Shop Phone #: (817) 888-8849

MLS: NTREIS #20811533

NTREIS logo

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