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.
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
- 99 days
- on Zillow |
- 61 |
- 1 |
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
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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