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3127 Loraine St, Fort Worth, TX, 76106

$369,000

Home List Price

$4,382*

Closing Credit

6 Bedrooms
4 Full Baths
Multi

Location

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3127 Loraine St, Fort Worth$369,000

Buyer Closing Credits

$4,382*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingGarage Faces Front, Garage
Attached GarageYes
Year Built2007
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #20785081
Lot Size0.16 Acres
StatusActive

About 3127 Loraine St

Great Investment Opportunity to own this fully duplex in Fort Worth, Texas. 3125 and 3127 Loraine will both be covered with purchase. This property features two spacious units, both units are identical, each unit offering 3 bedrooms, 2 full baths, 1 car garage, kitchen and open to the living and dinning areas. Both units have good-sized fenced backyards. Unit 3125 is vacant and has a excellent opportunity for immediate occupancy or rental income while living on-site. Current market rent is $1500-$1600. Unit 3127 has a very long term tenants, current monthly rent is $1400 and lease expired March 31, 2026. All utilities separately metered and paid by the tenants. Unit 3125 fresh paint and vinly plank flooring throughout the house. New HVAC (1.2024), New dishwasher (12.2021), New garage door (7.2024) and New wood fence (11.2024). Unit 3127: New stove (11.2021). Prime location near cultural attractions, historic Stockyards and Botanic Garden. Easy access to Metroplex Hospital, school, shopping, Hwy I-35 and Loop 820. This income property is perfect for generating a steady stream of rental income. Whether you are a seasoned investor or just starting out, this duplex is an excellent investment opportunity that should not be missed! All information is deemed reliable and accurate but not guaranteed. Buyer and buyer's agent to verify all information provided including school, measurements & HOA. Please DO NOT disturb tenants. Unit 3125 is vacant and available for showing. No showing in Unit 3127 until accepted contract. Buyer and buyer agent to verify all information contained herein including dimensions, features, schools and etc. **Photos are of Unit 3125**

Property Details

Property Features

Property Information:

  • Year Built: 2007

Listing Office:

  • Office Name: Q.Co
  • Office Phone: (214) 923-0288
  • Listing Agent: Sinlo Lok

Interior Features

Interior Information:

  • Appliances: Electric Range, Disposal
  • Flooring Type: Luxury Vinyl, Luxury VinylPlank
  • Interior: Decorative/Designer Lighting Fixtures, Eat-in Kitchen, High Speed Internet, Open Floorplan, Pantry

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Garage Faces Front, Garage

Virtual/3D Tour

  • Virtual Tour: 3127 Loraine St
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From W Loop 820, West on Azle Ave, Left on Rock Island Street, Right on W Loraine Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $369,000
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Housing Market Comparison

See how this home compares to others in Fort Worth, TX.

Med. Sold Price

$329.9K

Med. Price/SqFt

$193

Avg. Days On Market

61

# of Sold Homes

761

3127 Loraine St vs Fort Worth

1 DAY ON ROCKET

-60 Days

$369,000

+$39K More

KEY TAKEAWAY

This property is $39K more than the Median Sold Price in Fort Worth, TX.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20785081

Listing Office:

  • Office Name: Q.Co
  • Office Phone: (214) 923-0288
  • Listing Agent: Sinlo Lok

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/26/2024, 5:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,173

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1748289
3
/10
  • W.J. Turner Elementary School

  • 3000 NW 26th St

  • 0.30 miles

  • Public District Grades PK-5

school-card-donut-1748290
4
/10
  • Dolores Huerta Elementary School

  • 3309 W Long Ave

  • 0.65 miles

  • Public District Grades PK-5

school-card-donut-1748291
6
/10
  • Joy James Elementary School

  • 5300 Buchanan St

  • 1.00 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,079. Residents of Fort Worth, TX typically earn between $35k-100k each year. Typical family type is married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesTexasTarrant CountyFort Worth761063127 Loraine St

This home is located at 3127 Loraine St in Fort Worth, TX and zip code 76106 in the Rosen Heights neighborhood. This home, which was built in 2007, sits on a 0.16 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 25, 2024 and is currently priced at $369,000.

In October 2024, from all listings sold in Fort Worth, TX there were more than 0 sold above asking price, over 1 sold below and more than 2 were sold right at the asked price. The number of listings in Fort Worth, TX increased by 7% between September 2024 and October 2024. While the average time on the market in October 2024 was 61 days, the median list price was $329,999.

From Rocket Homes Real Estate and based on county public records data.

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