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.
Listed By
Agency Name: Great Real Estate, Inc.
Agency Contact: 214-532-4009
Agent Name: Maria Madigan
Shown By
Agent Name: Jackie Fatten
Agent Phone: (254) 749-6508
Agency Title: Kelly, Realtors
Estimated Payment
$ 943.90 per month $834.53 Principal & Interest $0.00 Property Tax (data not provided by mls) $109.37 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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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.