$2,400,000 Price Analysis    ♡   Fort Worth, TX 76110 16 bed 8 bath 2,356 SqFt ($1018/SqFt) 6,273SqFt lot. Built 1978 Listed 2024-03-19, Taxes $8,802 | Ⓧ USDA Ineligible due to price & location near Fort Worth |
Welcome to Wayside Avenue
* Sale Pending *A 4-duplex ownership opportunity less than a half-mile from the TCU campus. These 4 properties are situated next door to each other and represent an ultra-rare opportunity for redevelopment or buy as a long term hold. All 4 duplexes have been updated within the past 2 years making the long-term play attractive. Each unit boasts 2 bedrooms plus a loft, 1.5 bathrooms, parking and approx 1130 square feet.
The units feature bright and airy interiors highlighted by contemporary finishes and natural light. As development opportunity, these properties collectively total a little over one-half acre, creating the optimum land for redevelopment. Four 10-plexes can be constructed to turn the existing footprint of 8 units into a 40-un it property. There are several exit strategies including; buy as a long-term hold in its current capacity, develop into larger student housing units for a long term hold or develop into larger units to be sold in the short term.
Presented by TED OLSEN at
Compass RE Texas LLC - Fort Worth.
Property MLS #20560995 from NTREIS
Loft
Open Floorplan
Flooring: Laminate
Electric Range
Microwave
Refrigerator
Heating Features: Central, Electric
Interior Lot
Lot Size Acres: 0.144
Lot Size Square Feet: 6273
Patio And Porch Features: Enclosed
Covered Spaces: 8
Parking Features: Covered, Driveway
Calculated Total Monthly Association Fees: 0
Association Name: Wayside Duplexes
High School: Paschal
Middle School: Mclean
School District: Fort Worth ISD
Map directions Map directions Map directions Map directionsCounty: Tarrant
Directions: Please use GPS.
Source Property Type: Residential Income
Insurance Expense: 7200
Source Neighborhood: Frisco Heights Add
Parcel Number: 01023950
Postal Code Plus 4: 2855
Subdivision: Frisco Heights Add
Property Subtype: Duplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $228,615 + $110,000 $338,615 | $8,802 |
| 2021 | $90,000 + $110,000 $200,000 | $5,376 |
| 2020 | $124,100 + $110,000 $234,100 | $6,421 |
| 2019 | $124,100 + $110,000 $234,100 | $6,196 |
| 2018 | $70,600 + $55,000 $125,600 | $3,455 |
| 2017 | $74,011 + $55,000 $129,011 | $3,592 |
| 2016 | $47,721 + $55,000 $102,721 | $2,910 |
| 2015 | $92,000 + $37,000 $129,000 | $3,700 |
| 2014 | $92,000 + $37,000 $129,000 | $3,661 |
| 2013 | $52,600 + $37,000 $89,600 | $2,543 |
| 2012 | $52,700 + $37,000 $89,700 | $2,545 |
| 2011 | $101,000 + $24,000 $125,000 | $3,547 |
| 2010 | $107,300 + $24,000 $131,300 | $3,711 |
| 2009 | $117,100 + $24,000 $141,100 | $3,988 |
| 2008 | $117,100 + $24,000 $141,100 | $3,896 |
| 2007 | $117,100 + $9,000 $126,100 | $3,406 |
$2,400,000
NTREIS
Listed 2024-03-19
$2,700,000
NTREIS
Sold 2021-11-16
$0
Public Record
Sold 2010-06-08
$0
Public Record
Listing removed 2009-06-04
$795
NTREIS
Listed for rent 2009-04-13
$795
NTREIS
Sold 2006-03-10
$0
Public Record
Sold 1996-04-15
$0
Public Record
Building Area Total: 2356
Construction Materials: Construction: Siding
Foundation Details: Slab
Levels: One and One Half
Property Age: 46
Roof: Composition
Year Built Details: Preowned
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.