#1 - Fort Worth Duplex | $379k

Pro-forma

Cash to Close
5% down - 2% cc - 30yr term

$22,500

Monthly Payment
(PITI + PMI)

$2,850

Income
(owner-occupied, w/ RM)

$2,200

Income
(owner-occupied, w/o RM)

$1,445

Income (moved-out)

$3,000

YR 5 Equity Position

$88,000

Turnkey duplex near a major employment hub with one unit fully updated and the other leased long-term at $1,445, giving you immediate stability and low hassle on day one. There’s some room to push rents a smidge but not enough to offset the risk of igniting a sour relationship with a good tenant. The real play here is locking in a turnkey product with a fresh 1yr lease, keeping vacancy risk low.

Pro-forma

Cash to Close
5% down - 2% cc - 30yr term

$19,000

Monthly Payment
(PITI + PMI)

$2,245

Income
(owner-occupying, w/o RM)

$1,250

Income
(owner-occupying, w/ RM)

$2,250

Income (moved-out)

$2,600

YR 5 Equity Position

$91,000

Rare sub-$300k duplex with massive 1700sqft+ 3/2 units, one side vacant and one leased at $1,250, and priced over 100k below assessed value. This is a a heck of an option if you want space, low entry cost, and real cash flow while living there and as a long term rental down the road.

Pro-forma

Cash to Close
5% down - 2% cc - 30yr term

$22,000

Monthly Payment
(PITI + PMI)

$2,550

Income
(owner-occupied, w/ RM)

$1,300

Income
(owner-occupied, w/o RM)

$600

Income (moved-out)

$2,600

YR 5 Equity Position

$104,000

SFH + guest house with a separate entrance in a prime, Fort Worth pocket with separately metered utilities, which is rare for the SFH + ADU setup. That’s a big long-term win for both leasing and resale. Not a cash-flow monster, but it’s a clean, low-headache setup with strong tenant demand and real equity upside if you want quality, location, and flexibility over pure yield. Tenant in the guest house currently pays $600 + their own utilities and desires to stay if possible.

More Deals I Like:

  • 339 W Trinity St, Forney – Edge-of-town luxury feel, big lot, beautiful guest house; great long-term appreciation play with optional ~$1,600/mo side income when you want it.

  • 735 W Page Ave (Bishop Arts) – “Coming-soon” cute 1/1 duplex in a killer location; perfect for furnished MTRs with low setup costs and strong demand.

  • 107 Sewell Ave (Midlothian) – ~$315k turnkey main house + guest house

  • 708 Seven Oaks Rd #712 (Bonham) – 2019 build duplex on a big corner lot in the Sherman/Denison growth path; price cut from $279k to ~$245k with one unit already at $1,125/mo. GREAT DEAL

  • 300 Benjamin St (Denton) – $45k price drop to ~$405k, one side at $1,600/mo, big 3/2 units that work well for a roommate setup in a strong growth pocket.

  • 3536 Suffolk Dr (TCU area) – SFH + ADU with two master suites in the main + huge yard; great rent-by-the-room main + bonus ADU setup.

  • 6301 & 6303 Shasta Trl – 2/2 per side, both vacant, ~1,256 sqft units with $1,495 rent comps; excellent roommate + other-unit-income combo in this neighborhood.

  • 309–311 Lilac Dr (Granbury) – ~$250k duplex on 377 with major systems already updated, both leased (one ending soon), and solid growth tailwinds near new development.

Until Tomorrow,

John

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