3229 3231 S University Drive
Fort Worth, TX 76109
- – beds
- – baths
- – sqft
- 6,750 sqft lot
- 2004 build
- – on site
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 is 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.
Last checked:
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Last updated May 13, 2025
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MLS# 20934125 —
The Building
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Year Built:2004
Location
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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.
The Property
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Property Type:Land
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Property Subtype:Improved Land
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Parcel Number:03319415
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Lot Features:Interior Lot
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Lot Size:Less Than .5 Acre (not Zero)
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Lot Size SqFt:6750.0000
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Lot Size Acres:0.1550
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Lot Size Area:6750.0000
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Lot Size Units:Square Feet
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Lot Size Source:Public Records
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Subdivided:No
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Easements:Electric
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Restrictions:Unknown Encumbrance(s)
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Current Use:Investment, Multi-Family
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Zoning Description:Currently in TCU Overlay C District; 2 Lots South just rezoned to PD-95
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Topography:Level land with slab foundation; teardown for land value
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Fencing:Partial, Wood
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Soil Type:Unknown
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Other Structures:See Remarks, Separate Entry Quarters
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Road Frontage Type:City Street, Curbs/Gutters, Easement, Sidewalk
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Road Surface Type:Asphalt, Concrete
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:4
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Tax Block:4
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Tax Legal Description:Parcel ID: 03319415
Heating & Cooling
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Heating:Central, Electric
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Cooling:Central Air
Utilities
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Utilities:Asphalt, City Sewer, City Water
Schools
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School District:Fort Worth ISD
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Elementary School:Clayton Li
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Elementary School Name:Clayton Li
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Intermediate School Name:Mclean 6Th
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High School Name:Paschal
The Community
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Subdivision Name:Weatherford P R Addition
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Association Type:None
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Development Status:City Limits, Streets Installed, Utilities Installed, Zoned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
