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$324,900

8507 Gatlinburg Dr, Fort Worth, TX, 76123

On MarketInfo
Just AddedInfo
Beds6 Beds
Baths4 Bath
Baths2,012 Sq Ft
DuplexDuplex
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringLaminate, Vinyl

Exterior

Lot Size5,998 sqft

Building Information

Year Built1986
Stories1
Garage Spaces2

Land Information

APN39607-17-2
Lot Number2
SubdivisionSouthgate Addition-Ft Worth
Land UseResidential
Legal DescriptionSOUTHGATE ADDITION-FT WORTH BLOCK 17 LOT 2
Census Tract111026
Assessed Land Value$40,000
Assessed Improvement Value$276,348
Assessment Year2025

About this property

Fantastic investment opportunity! Excellent option for an investor looking for immediate cash flow upside or an owner-occupant wanting to house-hack and offset monthly living expenses. The right-side unit has been completely updated and is turn-key ready for a new tenant or owner. Updates include a fresh interior paint scheme, luxury plank flooring throughout, and a bright kitchen with new granite countertops, freshly painted cabinets, and new appliances. The left-side unit is occupied by a reliable, long-term tenant (since 2018) on a month-to-month lease. Current rent is well below market value, giving the new owner an immediate opportunity to increase gross rental income. (Note: Left unit was updated in 2018; full upgrade history available in document portal). Each unit includes a full one-car attached garage with an extra half-bay, perfect for additional storage or seasonal gear. Key Capital Improvement: Brand-new roof installed in August 2026...

Investor Tools

$33,743Estimated Mortgage Balance
$282,605Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,949 /month
Positive
Cash Flow Estimate:
$650 /month

Interested in this property?

Alonzo Luna

RE/MAX Associates of Arlington

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$769/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,640
$316,348
2025
$40,000
$276,348
$316,348
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,640
$316,348

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Washington Mutual Bank Fa
Fha
$81,852
Yes
First
Feb 24, 2005
Mar 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$33,743
$282,605
89%
11%
$0/mo

Learn About the Market: Opportunity in Fort Worth

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Explore

Fort Worth

Fort Worth has transformed into one of the fastest-growing large cities in America. Anchoring the western side of the Dallas–Fort Worth Metroplex, the city combines its historic cattle industry and western heritage with modern economic strength. Major employers include aerospace and defense firms, healthcare systems, transportation companies, and advanced manufacturers.

With over one million residents and continued population growth at one of the fastest rates among major U.S. cities, Fort Worth offers relatively affordable housing compared to many peer cities while maintaining the economic advantages of a major metropolitan area. From North Fort Worth growth corridors to established neighborhoods, the city attracts homebuyers, businesses, and new residents seeking opportunity and affordability.

Explore Texas Explore This Area
Population Growth

Population Growth

11.9% since 2020

Net Migration

Net Migration

Strong Positive Migration

Median Home Price

Median Home Price

$299,655

Unemployment Rate

Unemployment Rate

3.7%

Price Trend

Price Trend

-2.5% YoY

New Permits

New Permits

158K

City: Fort Worth

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8507 Gatlinburg Dr | Property Details | No Agent List