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Lot/land
  • $1,000,000

    3229 S University Dr, Fort Worth, TX 76109

    --beds
    --baths
    6,751.8Square Feet
    Improved Land
    Built in 2004
    6,751.8 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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 so each duplex is priced at $1,000,000; 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.
    99 days
    on Zillow
    |
    61
    |
    1
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    Zillow last checked: 7 hours ago

    Listing updated: May 16, 2025 at 06:24am

    Listed by:

    Beth Elkassih 0548242 817-577-9000,

    The Michael Group Real Estate 817-577-9000

    Source: NTREIS,MLS#: 20934125
    Travel times

    Facts & features

    Interior

    Heating
    • Central, Electric
    Cooling
    • Central Air
    Video & virtual tour

    Property

    Features
    • Fencing: Partial,Wood
    Lot
    • Size: 6,751.8 Square Feet
    • Features: Interior Lot, City Lot
    Details
    • Additional structures: See Remarks
    • Parcel number: 03319415
    • Zoning description: Currently in TCU Overlay C District; 2 Lots South just rezoned to PD-95
    • Special conditions: Standard

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Curbs, Sidewalks
    • Subdivision: Weatherford P R Addition
    HOA
    • Has HOA: No
    Location
    • Region: Fort Worth

    Financial & listing details

    • Tax assessed value: $580,000
    • Annual tax amount: $13,015
    • Date on market: 5/13/2025
    • Road surface type: Concrete, Asphalt
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