$260,000

1420 E Mulkey St Fort Worth, TX 76104

$3,088
Closing credit¹
6 beds
4 full
0.1 acres
Multi-Family

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

Home typeDuplex
HeatingCentral, Electric
StatusSale Pending
(Pending)
Lot size0.1377 Acres
Year built2005
ParkingOther
MLS #20881253

Summary

  • MLS Number: 20881253
  • MLS Name: NTR
  • Office Name: Listing Spark
  • Office Phone: (512) 827-2252
  • Listing Agent: Aaron Jistel

IDX ©2025 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: 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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ranch-style house with a front yard and concrete driveway

$260,000

1420 E Mulkey St

$3,088

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

60%
<35k
39%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

48%
Single, No Kids
24%
Single, with Kids
10%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

24%
<11 yrs old
10%
12-17 yrs old
21%
18-34 yrs old
33%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Big LotsBig Lots
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral
  • White CastleWhite Castle

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • AcuraAcura

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Adult StandardsAdult Standards
  • RockRock
All data provided by Home Junction and Claritas

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.

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

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