Description
Currently improved property with a duplex consisting of 2 units 3 br 2 bath 1,110 sq ft each on a 6750 sq ft lot; 2nd parcel and lot located at 3233 s university also with a duplex for sale to be combined as a bundle; opportunity for investment and redevelopment for multi-family; this prime location provides an irreplaceable opportunity for investors looking to provide much-needed student housing next to a top-tier college campus. property is situated just a couple of blocks from the prestigious texas christian university (tcu) campus. investment considerations:
· rare entitlement advantage in a constrained housing submarket
· strong historical appreciation and rental demand
· this submarket has demonstrated robust fundamentals, including a 92% increase in rental rates since 2021 and a 235% increase in price per square foot over the past decade.
don't miss your chance to own this remarkable student housing property in the bustling city of fort worth.
Property Type
LandSubdivision
Weatherford P R AdditionCounty
TarrantStyle
LandAD ID
49706444
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Property Details
-
Interior Features
Utilities
- Asphalt,City Sewer,City Water
Cooling Features
- Central Air
Heating Source
- Central,Electric
-
Exterior Features
Building Information
- Built Year: 2004
Fencing
- Partial,Wood
-
Property / Lot Details
Lot Information
- Lot Size (Acr): 0.1550
- Lot Size Units: Square Feet
- Lot Size Square Feet: 6750.0000
- Lot Size Source: Public Records
- Lot Features: Interior Lot
Property Information
- Property Type: Land
- Property Sub Type: Improved Land
- Subdivision: Weatherford P R Addition
- City: Fort Worth
- State: Texas
- Directions: From I-35W, take EXIT 48A toward BERRY ST-TCU; Turn LEFT onto E BERRY STREET; Turn LEFT onto S UNIVERSITY DRIVE; 3229 S UNIVERSITY DRIVE will be on the LEFT.
- Property Status: Active
-
Listing Information
Listing Price Information
- Original List Price: $1,000,000
Listing Information
- Possession: Negotiable
-
Taxes / Assessments
Tax Information
- Parcel Number: 03319415
- Tax Block: 4
- Tax Legal Description: Parcel ID: 03319415
- Tax Lot: 4
- Unexempt Taxes: $13,015
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Homeowners Association Information
- HOA Type: None
-
School, Utilities & Location Details
School Information
- Elementary School: Clayton Li
- High School: Paschal
- Intermediate School: Mclean 6Th
- School District: Fort Worth ISD
Utility Information
- Utilities: Asphalt,City Sewer,City Water
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BuyOwner last updated this listing 05/14/2025 @ 12:53
- MLS: 455233064
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: NTREIS - North Texas Real Estate Information
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.