#20826700, Omar Marin, Listing Office: Realty of America, LLC
1420 E Mulkey St Fort Worth, TX 76104
Property details
About 1420 E Mulkey St
Duplex Investment Opportunity. House Hack & Build Wealth! This duplex at 1420 E Mulkey St, Fort Worth, TX is a prime opportunity for house hackers and investors alike! Live in one unit while renting out the other for $1,350 a month, drastically reducing your housing costs while building equity. Key Features: Two Units, perfect for rental income or multi-generational living House Hack Potential. Offset your mortgage with rental income $1,350 Monthly Rental Income. Helps cover mortgage and expenses Tiled Floors Throughout. Low maintenance and durable Spacious Kitchen and Living Areas. Ready for your updates Prime Location. Close to highways, shopping, and schools Updated Mortgage Savings Estimate: Purchase Price: $260,000 Down Payment FHA 3.5%: $9,100 Loan Amount: $250,900 Interest Rate 7% Estimate: $1,668 a month P and I Taxes and Insurance Estimate: $300 a month Est Total Monthly Payment: $1,968 Rental Income from One Unit: $1,350 Your Out-of-Pocket Cost: ONLY $618 a month! Potential ROI and Cash Flow: Market Rent for Both Units: $2,700 a month Annual Rental Income If Fully Rented : $32,400 Estimated Annual Expenses Taxes, Insurance, Maintenance: $8,000 Potential Net Income if Fully Rented: $24,400 a year Cash on Cash Return with 3.5% down: 30-35% This is a turnkey investment opportunity that allows you to live for less while building wealth through real estate. Whether you're an investor or a first-time homebuyer, this duplex is a smart move! Call today to schedule a showing!
Highlights
(Pending)
Summary
- MLS Number: 20881253
- MLS Name: NTR
- Office Name: Listing Spark
- Office Phone: (512) 827-2252
- Listing Agent: Aaron Jistel
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Last updated on: 4/18/2025, 5:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$260,000
1420 E Mulkey St
$3,088
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $296,079 | $6,321 |
2023 | $279,350 | $2,677 |
2022 | $103,000 | $2,677 |
2021 | $147,199 | $4,037 |
2020 | $147,199 | $4,037 |
2019 | $147,199 | $3,513 |
2017 | $129,000 | $3,592 |
History based on county public records data.
Nearby schools
1
Edward J. Briscoe Elementary School
Public District PK-5
0.2 mi
•2751 Yuma Ave
3
Morningside Elementary School
Public District PK-5
0.7 mi
•2601 Evans Ave
4
Carroll Peak Elementary School
Public District PK-5
0.7 mi
•1201 E Jefferson Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,795. Most Fort Worth, TX residents have annual incomes less than $<35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 1420 E Mulkey St in Fort Worth, TX and zip code 76104 in the Morningside neighborhood. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $260,000.
The inventory of homes for sale in Fort Worth, TX between February and March 2025 increased by 15.8%. Listings spent 76 days on the market in March 2025, and had a median list price of $341,766 during the same period.