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5308 South Drive

Fort Worth, TX 76132

$599,999

2 units · 1970

Units2
Building area3,192 sq ft
Year built1970
Gross income$50,400/yr
Cap rate6.77% as listed
Parking4 spaces
Lot size0.28 acres
TypeDuplex

What it costs to own

Taxes$10,908 per year
HOANone listed
Operating expenses$4,000 per year — as listed
Insurance$5,800 per year — as listed
Net operating income$40,600 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

Rare opportunity to own a fully renovated duplex just minutes from TCU, premier dining, shopping, and entertainment. Whether you're looking to live in one side and let the other help pay your mortgage or add a turnkey income-producing property to your portfolio, this property offers the best of both worlds.
Unit 5308 has been completely renovated from top to bottom with a brand-new kitchen, updated bathrooms, and modern finishes throughout, creating a home that feels practically brand new. Unit 5310 is well-maintained and currently occupied, providing immediate rental income.
One unit is leased through December 2026 at $2,100 per month, while the second is occupied by a month-to-month tenant, offering both stability and flexibility. With no HOA, strong rental demand, and limited duplex inventory in this highly sought-after area, opportunities like this are few and far between.

The details

HeatingCentral, Electric
CoolingCeiling Fan(s), Central Air, Electric
FlooringCarpet, Ceramic Tile, Laminate, Vinyl
AppliancesDishwasher, Electric Range, Microwave
Interior featuresCable TV Available, Decorative Lighting, High Speed Internet Available, Kitchen Island

Construction materialsBrick, Siding
RoofComposition
FoundationSlab

Lot featuresFew Trees, Landscaped, Subdivided
FencingChain Link, Wood
Water sourceIndividual Water Meter, Master Water Meter
SewerCity Sewer
UtilitiesCable Available, Individual Gas Meter

SubdivisionWestcliff Add

ElementaryMG Ellis
High schoolSouthwest
DistrictFort Worth ISD

Gross income$50,400 per year
Operating expenses$4,000 per year
Operating includesMaintenance, Water/Sewer
Insurance$5,800 per year
Cap rate6.77% — as listed
Net operating income$40,600 per year

MLS #21289613
Source
On the market43 days
CountyTarrant

Around this home

One moment…

Everyday life

Nearest groceryAldi · 0.7 mi
Nearest parkWedgewood Park · 0.6 mi

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Listing courtesy of eXp Realty LLC — GP Theriot IV.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21289613. Information last updated July 17, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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