Price Reduced Listing
$374,975
 $2,129 est/mo Sourced by Back At You

3425 And 3427 Republic Drive,Forest Hill, TX 76140

Forest Hill, TX 76140

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Description

Turnkey Full Duplex in Forest Hill - High-Yield Investment Opportunity Excellent 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.

Details

MLS #21383328
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1986
Days On Site58
Listing Provided ByGreat Real Estate, Inc. | Maria Madigan

Features

Bed(s)6
Bath(s) 4 Total
Car PortYes
Story(s)1
Units1
Building(s)1
Acreage0.09

Interior

CoolingCeiling Fan(s), Central Air, Electric
HeatingCentral, Electric
Interior FeaturesCable TV Available, High Speed Internet Available, Open Floorplan, Other, Pantry, Walk-In Closet(s)
AppliancesElectric Range, Microwave, Refrigerator
Fireplace FeaturesBrick, Wood Burning

Exterior

RoofShingle
Construction MaterialsBrick
Foundation DetailsSlab

Parking

Garage Yn0
Parking FeaturesAssigned

Utilities

UtilitiesCity Sewer, City Water, Concrete, Electricity Available, Individual Water Meter, Underground Utilities

Taxes

Tax Lot16
Tax BlockB
Tax Legal DescriptionHERITAGE HEIGHTS ADDITION BLK

Area Information

StateTX
CountyTarrant
CityForest Hill
Zip Code76140
AreaTarrant
Community NameHeritage Heights Add
School DistrictEverman ISD
Elementary SchoolRay
High SchoolEverman
Listing VS Median (in Heritage Heights Add)
Price:
$374,975
low | high
Med:
$1,845
100% of Average
On site:
58
low | high
Med:
11
100% of Average
Sourced by Back At You

Market Activity 76140

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyTarrant
CityForest Hill
Zip Code76140
AreaTarrant
Community NameHeritage Heights Add
School DistrictEverman ISD
Elementary SchoolRay
High SchoolEverman
Listing VS Median (in Heritage Heights Add)
Price:
$374,975
low | high
Med:
$1,845
100% of Average
On site:
58
low | high
Med:
11
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $281K - $468K
sqft: 0 - 0
Listing Updated: October 30, 2026 at 2:58:08 PM PDT