3229 S University Dr

Fort Worth TX 76109

6750 sq. ft.

Land

Currently for sale - view listing

Overview

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.

Features

6750 sq. ft. lot size

Land

Property history for 3229 S University Dr

2021

Sold

Undisclosed

22 Mar 2021 by Angela Culpepper, of The Culpepper Team

2019

Rented

Undisclosed

19 Dec 2019 by The Culpepper Team

2018

Rented

Undisclosed

08 Nov 2018 by Keller Williams Realty - Fort Worth

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