Listing provided courtesy of 6th Ave HomesMLS# 21280934MLS ProviderContact Information: Jamey Ice - 817-631-9803
  • 32 days on site
  • 0 views

Two blocks off Magnolia Avenue in Historic Fairmount, a 1920 duplex taken to the studs and rebuilt with designer finishes. Two self-contained units under one roof, roughly 1,036 square feet each, each with its own private entry, full kitchen, living room, and bedrooms. Live in one and rent the other, run both as furnished rentals, or hold a proven income property on one of Fairmount's best blocks. The character is original and intact: wood floors, shiplap walls and ceilings, statement lighting, gas ranges, and built-ins. A mint-cabinet kitchen with open shelving and a vintage brass faucet, tufted seating, and warm, livable rooms that photograph as well as they show. Outside, the signature double-stacked covered porches run the full width of the house, strung with cafe lights and shaded by mature trees: balcony above, gathering space below. Recent, documented updates take the guesswork out: a full 2018 designer renovation, exterior paint and updated siding in 2022, a new water heater in 2024, and individual electric meters. The numbers back it up. The property has averaged about $70,000 a year in furnished-rental income and is tracking toward $80,000 in 2026, owner-reported P&L is in transaction desk. Available fully turnkey with all furnishings, linens, and operating setup for an additional $25,000 under a separate bill of sale; seller's preference is to sell turnkey. Steps from the restaurants, coffee shops, and bars on Magnolia, and minutes from TCU, the Cultural District museums, the Near Southside medical district, and the Stockyards. Fort Worth ISD: Lily B. Clayton Elementary, McLean Middle, Paschal High. 2,072 total square feet, six bedrooms, three baths, on an interior Fairmount lot with on-street parking. Seller is a licensed real estate agent. Buyer to verify square footage, schools, taxes, and income.

Source: North Texas MLS, MLS#: 21280934

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Residential Income
  • Lot
    0.05 acres

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

RE/MAX Trinity

Create a profile so you can receive updates on this property as soon as they happen!

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1409 W Allen Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/29/2026Source: North Texas MLS Added to Database
May 29, 2026