Jackie Fatten

3425 And 3427 Republic Drive, Forest Hill, TX 76140

$374,975
  • 3425 And 3427 Republic Drive, Forest Hill, TX 76140 Main Photo

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Active Price Reduced by $25 on October 30th, 2026
BEDS6 BATHS4 full MLS#21383328
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHeritage Heights Add SCHOOLEverman ISD

Property Description

Turnkey Full Duplex in Forest Hill – High-Yield Investment OpportunityExcellent opportunity to acquire a cash-flowing, renovated, low-maintenance full duplex located at 3425 & 3427 Republic Dr, Forest Hill, TX. Perfect for a portfolio addition or a house-hack investor looking to live in one side while letting the neighboring tenant pay down the mortgage.Financial and Property Highlights:• Strong Performance Metrics: Delivering an incredible 7.56% Cap Rate for self-managed owners, or a strong 6.78% Cap Rate under professional management.• Clean Operational Structure: Tenants pay 100% of all utilities (individually metered for electric, water, and trash), leaving zero seasonal utility risk or overhead drag for the owner.• Immediate Cash Flow & Showings: Unit 3425 is currently occupied by a stable tenant paying $1,600 per month. Unit 3427 is intentionally vacant, freshly prepared for immediate buyer showings, and has a proven historical rental rate of $1,600 per month.• Major Capital Expense Completed: Features a brand-new roof (Oct 2026), significantly reducing any near-term maintenance exposure and securing your equity.• Low Fixed Expenses: Total documented holding costs include $5,279.87 in annual property taxes and $1,640.19 in annual property insurance.Property Layout:Each side features a spacious, highly functional 3-bedroom, 2-bathroom layout (6 bedrooms and 4 bathrooms total across the entire asset, totaling approximately 2,600 square feet). Units feature functional open concepts, durable flooring tailored for tenant longevity, and ample dedicated parking.Positioned in a high-demand rental submarket of Tarrant County with easy transit access across the DFW Metroplex, this asset is optimized for long-term equity growth and steady monthly yields. Excludes: All tenants personal property.

3425 And 3427 Republic Drive | MLS# 21383328

This multi-family property located at 3425 And 3427 Republic Drive, Forest Hill, TX 76140 is currently listed for sale with an asking price of $374,975. And 3427 Republic Drive is located within the Everman ISD school district. Search Forest Hill real estate on www.jackiefatten.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air, Electric
Fireplaces: 2
Heating: Central, Electric
Lot Size: 0.09 Acres
Roof Type: Shingle
Year Built: 1986

Amenities

Cable TV Available
High Speed Internet Available
Open Floorplan
Other
Pantry
Walk-In Closet(s)

Feature Descriptions

Appliances: Electric Range, Microwave, Refrigerator
Days on Site: 50
Exterior: Brick
Fencing: Fenced, Wood
Fireplace: Brick, Wood Burning
Flooring: Ceramic Tile
Parcel#: 04768132
Parking: Assigned
Parking Notes: Assigned
Units: 2
Utilities: City Sewer, City Water, Concrete, Electricity Available, Individual Water Meter, Underground Utilities

Local Schools

Elementary School: Ray
School District: Everman ISD

Listed By / Shown By

Listed By

Agency Name: Great Real Estate, Inc.
Agency Contact: 214-532-4009
Agent Name: Maria Madigan

agent picture

Shown By

Agent Name: Jackie Fatten
Agent Phone: (254) 749-6508
Agency Title: Kelly, Realtors

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Estimated Payment

$ 943.90 per month $834.53 Principal & Interest $0.00 Property Tax (data not provided by mls) $109.37 Homeowner's Insurance

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