Fort Worth Turnkey Quadplex $675K

143 Allencrest Dr, Fort Worth

ROI

12.90% IRR

Strategy

Long Term Rental

Fully renovated quadplex just west of Fort Worth with strong rental demand. Three of four units are leased ($1,500 downstairs, $1,375 each upstairs), with one ground-floor unit vacant—ideal for a househacker or easy lease-up. Renovated in 2021 with granite counters, wood-look vinyl flooring, updated baths, newer appliances, fresh paint inside and out, and major system updates including AC units, foundation, and roof. Upstairs units have private balconies; downstairs units feature fenced yards. Eight parking spaces included. Located in a 100-year floodplain but no known flooding per owner. Taxes $14801.

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Fort Worth Turnkey Quadplex $675K

Listed 06/09/2025

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143 Allencrest Dr, Fort Worth

Purchase Price:$675,000

Cash Outlay:$182,250

Cashflow:$240/mo

Cap Rate:6.26%

IRR:12.90%

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