3233 Merida Ave, Fort Worth, TX 76109

$450,000
3
BD
3
BA
2,296
SqFt

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List Price
$450,000
Status
ACTIVE
MLS#
21411976
Bedrooms
3
Bathrooms
3
Living Area
2,296
Lot Size
6,272

Property Description

Located within walking distance of the TCU campus, 3233 Merida offers an exceptional turnkey investment opportunity in one of Fort Worth’s most desirable rental markets. The property blends original architectural charm with a substantial, thoughtfully designed addition that significantly enhances both livability and income potential. The addition creates two private tenant suites, resulting in a highly desirable bedroom configuration with greater separation and privacy for individual occupants. This added privacy is especially valuable in the TCU rental market, helping support stronger rent-per-room potential than more traditional shared-bedroom layouts. The property is currently leased through May 2028 at $4,150 per month, providing an established income stream and immediate cash flow for the next owner. Covered parking for three vehicles provides another meaningful advantage for tenants and further strengthens the property’s appeal in this competitive campus market. With its walkable location, private bedroom configuration, expanded tenant capacity, covered parking, strong existing lease, and turnkey condition, 3233 Merida is well positioned to deliver attractive rental income while offering investors a highly functional, immediately income-producing property near TCU.

Additional Information

Taxes
$7,071
Year Built
1945
Interior Features
Multiple Primary Suites
Roof
Composition
Appliances
Dishwasher, Electric Oven, Electric Range, Disposal, Refrigerator
School District
Fort Worth Isd
Elementary School
Westcliff
High School
Paschal
Middle School
Mclean
Sewer
Public Sewer
Stories
2
Street Name
Merida Ave
Street Number
3233
Water
Public
Acres
0.14
County
Tarrant
Heating
Central, Electric

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Calculator source: Real Geeks

Listing courtesy of Raleigh Green from Briggs Freeman Sotheby's Int'l. Contact: 817-731-8466

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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