3200 Mc Lean Street

Fort Worth, TX 76103

$495,000
Price
2
Beds
1
Bath
1
1/2 Bath
3,248 Sq. Ft.
$152 / Sq. Ft.
3,248
Sq. Ft.
$152
per Sq. Ft.

Description

Prime Investment Opportunity in a Central Metroplex Location! This updated 4-unit property offers excellent potential for cash flow. Each two-story unit features recently upgraded interiors, including some with granite countertops, new appliances, fresh flooring, paint, and more. The layout includes bedrooms on the second floor, while the first floor houses the living, dining, kitchen, and a half bath. Each unit also comes with a wood-burning fireplace and washer & dryer hookups. Rental history ranges...Prime Investment Opportunity in a Central Metroplex Location! This updated 4-unit property offers excellent potential for cash flow. Each two-story unit features recently upgraded interiors, including some with granite countertops, new appliances, fresh flooring, paint, and more. The layout includes bedrooms on the second floor, while the first floor houses the living, dining, kitchen, and a half bath. Each unit also comes with a wood-burning fireplace and washer & dryer hookups. Rental history ranges from $1,200 to $1,300 per month. Located just 5 minutes from downtown Fort Worth and 8 minutes from the hospital district.
  1. Listed by Sherry Patterson • TREC #0663367 • Aspire Investments LLC • 817-666-3336

Property Details for 3200 Mc Lean Street

Subdivision Name
Tandyland Add
Pool
No
Number Of Parking Spaces
8
LISTING UPDATED: 10/03/2024 12:42 PM

Property Details for 3200 Mc Lean Street

StatusActive
MLS #20720335
Days on Market106
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built1985
Lot Size0.19 AC / 8,102 SF
CountyTarrant County

Building Information for 3200 Mc Lean Street

Stories2Residences4Year Built1985Building Size-Lot Size0.19 AC / 8,102 SF

Property Information for 3200 Mc Lean Street

Summary
Location and General Information
  • Block: 3
  • Complex Name: none
  • Directions: GPS
  • Elementary School: Meadowbrook
  • Elementary School Name: Meadowbrook
  • High School: Eastern Hills
  • High School Name: Eastern Hills
  • Middle School: Meadowbrook
  • Year Built Details: Preowned
  • School District: Fort Worth ISD
  • Geocode Confidence: High
  • Latitude: 32.74
  • Longitude: -97.28
  • State: Texas
Parking
  • Parking Features: Common, Driveway
  • Carport Spaces: 0
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: TANDYLAND ADDITION BLOCK 3 LOT 10
  • Association Type: None
  • Tax Lot: 10
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 1
  • Flooring: Carpet, Luxury Vinyl Plank, Tile
  • Heating: Central
  • Interior Features: Other
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Basement: No
  • Cooling: Central Air
  • Living Area: 3248.0
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Other
  • Construction Materials: Brick, Siding
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Composition
  • Number Of Units Total: 4
  • Levels: Two
Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • Exclusions: Mineral Rights
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.186
  • Lot Size Area: 0.186
  • Lot Size Units: Acres
  • Lot Size Square Feet: 8102.16
  • Multi Parcel ID: No
  • Parcel Number: 03085198
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 10.93%
  • Gross Annual Expenses: $1,200
  • Gross Annual Income: $58,800
  • Insurance Expense: $3,500
  • Net Operation Income: $54,100.00
Unit 1
  • Average Lease Amount: $1,200.00
  • Living Area Length: 1.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 4

Property History for 3200 Mc Lean Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3200 Mc Lean Street

Taxable ValueLand$7,000Additions$548,790Total$555,790
Tax Record2023$9,096 ($758 / month)
Home Facts
Total Finished SqFt3,248 SqFtAbove Grade Finished SqFt3,248 SqFtStories2Lot Size8,098 SqFtStyleTriplexYear Built1985Year Renovated1995CountyTARRANTAPN41280-3-10

Schools near 3200 Mc Lean Street

This home is within Fort Worth Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Meadowbrook Elementary School
PublicPK to 5

Meadowbrook Middle School
Public6 to 8

Eastern Hills High School
Public9 to 12

I M Terrell Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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3200 Mc Lean Street is a multi-family home for sale in Fort Worth, TX 76103. This property was listed for sale on September 4, 2024 by Aspire Investments LLC, it's currently listed at $495,000. It has been on the market for a total of 106 days and was last sold on September 25, 2019. This listing's school district is Fort Worth Independent School District. Nearby schools include Meadowbrook Elementary School, Meadowbrook Middle School and Eastern Hills High School. 3200 Mc Lean Street is a 2-bed, 1.5-bath, 3,248 sqft multi-family home built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Aspire Investments LLC, Sherry Patterson

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