About 2316 W Magnolia Avenue
Nestled in the highly sought-after Mistletoe Heights neighborhood, this beautifully maintained home blends timeless historic charm with thoughtful modern updates. Known for its tree-lined streets, welcoming community, and classic historic streetlights, Mistletoe Heights offers the perfect balance of character and convenience.
Owners previously resided in the home and have most recently leased it out. Currently leased through the end of November, the property has generated $42K in gross rental income from January–October 2025 (not a typo) even with a deliberate four-week vacancy reserved for family use. The owners, who still live in the neighborhood, are selling as the grandparents have decided not to relocate.
Property Highlights
1,583 sq. ft., 3 Bedrooms, 2 Bathrooms
Zoned for Lily B. Clayton Elementary, McLean, and Paschal schools
Minutes from Downtown Fort Worth, the hospital district, cultural arts district, Trinity Trails, and dining and shopping along Magnolia and South Main
Features & Updates
Charming front porch designed for relaxation and neighborhood connection
Original hardwood floors and abundant natural light throughout
Remodeled kitchen with custom cabinetry, quartz countertops, new pantry, and professional-style gas range
Three true bedrooms, including one with built-in bookshelves and a cozy window seat—ideal for a study or guest room
Updated systems: drainage and landscaping improvements, tankless electric water heater, restored gas fireplace and flue
Smart-home amenities: Nest thermostat, Rachio sprinklers, Ring doorbell, Alexa light switches, remote-access front lock
Connectivity: rooms wired for Ethernet; attic antenna for over-the-air TV
Outdoor living: spacious fenced yard, mature shade trees, 250 sq. ft. deck, storage garage, and a new driveway gate with Level 2 EV charger
A true Mistletoe Heights classic—offering character, comfort, and unbeatable proximity to everything Fort Worth has to offer.