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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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347 N Cherry Ln , White Settlement, TX 76108
$499,000
Est. Payment: $2,569.07/mo
0 Bed
0 Bath
3550 Sqft
Status: active | Days on site: 269
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

OWNER FINANCE AVAILABLE. Incredible opportunity to own a commercial building with a rare, grandfathered residential apartment—perfectly positioned in the heart of White Settlement off Cherry Lane, complete with views of Downtown Fort Worth. The commercial piece is fully occupied generating approximately $2,800 a month. This versatile property includes three commercial spaces and a small residential apartment that is legally grandfathered in. The property is directly across the street from The City's Dog Park. Multiple uses for this building include: construction type of business: plumbing, electrical or supply; with a little reconstruction, it could be a laundromat; general office space; Veterinarian; dog grooming salon, furniture store; church; non-profit organization; with reconstruction: a hair or nail salon or both! Great spot for a Nail Bar; package shipping business; multiple types of retail including but not limited to: small store front; grocery store, donation station, the possibilities are endless! Located just minutes from Lockheed Martin, a major billion-dollar employer, and only moments from I-30 and Loop 820, this site offers unmatched accessibility and visibility. The building features ample parking, excellent road frontage, and low-maintenance construction, making it an ideal investment for hands-off ownership. One tenant is secured under lease through January 2026, offering stable, predictable income. The water bill is held in the owner’s name and fairly divided among tenants based on usage. The owner also maintains the yard, keeping operational demands minimal. The property is currently managed by a professional management company that can continue under new ownership for a seamless transition. Opportunities like this rarely hit the market. No survey available.

Highlights

Listed by Teresa Von Illyes , AmeriPlex Realty, Inc. , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Lot/Acreage
0.33

Year Built

1970

County

Tarrant

Neighborhood

Sunset Gardens Add

Listing ID

21121857

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Floor:Concrete

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Zoning:Commercial with grandfathered residential
Roof:Concrete
Others:
  • Additional:Preowned
Parking Features:Additional Parking,Driveway,Parking Lot
Principal Interest
$2,569
Taxes
$642

Home Price

$499,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$99,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,569.07

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,569.07 $641.58 $0.00 $3,210.65
Yearly $30,828.82 $7,699.00 $0.00 $38,527.82
Total $924,864.73 $230,970.00 $0.00 $1,155,834.73

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (White Settlement, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

© 2026 North Texas Real Estate Information Systems