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Active under contract

$450,000

  • 3 beds
  • 3 baths
  • 2,296 sq ft
  • 0.14 acre lot

3233 Merida Avenue

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Listing data updated

About this home

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…

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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 2027 at $3,750 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.

Bedrooms
3
Bathrooms
3
Living area
2,296 sq ft
Lot size
0.14 acres
Year built
1945
Property type
SingleFamilyResidence
Status
Active under contract
MLS number
21411976

Listing courtesy of Briggs Freeman Sotheby's Int'l

Office phone 817-731-8466

Estimated monthly cost

Estimated payment based on the assumptions shown. It is not a quote, an approval or a rate offer.

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Location

Facts and features

Interior

Bedrooms
3
Bathrooms
3
Living area
2,296 sq ft

Lot

Lot size
0.14 acres

Building

Year built
1945
Property type
SingleFamilyResidence

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Listing courtesy of Briggs Freeman Sotheby's Int'l. Information provided by NTREIS

Information is deemed reliable but not guaranteed.

Listing data updated