$4,000,000 Price Analysis 2500 S University DrFort Worth, TX 76109 Unknown bed 0 bath 19,980 SqFt ($200/SqFt) 0.71 acre lot. Built 1929 Listed 2024-05-21, Taxes $57,191 | Ⓧ USDA Ineligible due to price & location near Fort Worth |
Built in 1929, the property offers a mix of both one and two-bedroom units. The community is located within walking distance to TCU and various retail and restaurants. Attractions such as the Cultural District, Fort Worth Zoo and Fort Worth Botanic Garden are all within a 5-6 minute drive. The property is also adjacent to a neighborhood with homes valued at over $1 million.
Plumbing and electric were updated by previous owner and roof replaced in 2018. Each unit has a full-sized washer and dryer connection, 10 foot ceilings, granite countertops and hardwood floors. Boost NOI by including short and mid-term rentals to capture rental premium. The location maks it attractive for traveling healthcare professionals, students, TCU visitors and others seeking temporary accommodation. Property is in Zoning District E, which is Neighborhood Commercial.
Presented by Esther Cho at
GSFREA LLC.
Property MLS #20623953 from NTREIS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $2,044,250 + $155,750 $2,200,000 | $57,191 |
2021 | $1,794,250 + $155,750 $1,950,000 | $52,415 |
2020 | $1,794,250 + $155,750 $1,950,000 | $53,492 |
2019 | $1,794,250 + $155,750 $1,950,000 | $51,612 |
2018 | $1,632,500 + $155,750 $1,788,250 | $49,192 |
2017 | $1,594,250 + $155,750 $1,750,000 | $48,735 |
2016 | $1,594,250 + $155,750 $1,750,000 | $49,577 |
2015 | $1,546,857 + $155,750 $1,702,607 | $48,837 |
2014 | $1,546,857 + $155,750 $1,702,607 | $48,326 |
2013 | $1,259,539 + $155,750 $1,415,289 | $40,171 |
2012 | $1,369,250 + $155,750 $1,525,000 | $43,277 |
2011 | $883,707 + $155,750 $1,039,457 | $29,498 |
2010 | $466,615 + $155,750 $622,365 | $17,591 |
2009 | $488,671 + $155,750 $644,421 | $18,214 |
2008 | $488,671 + $155,750 $644,421 | $17,797 |
2007 | $488,671 + $155,750 $644,421 | $17,407 |
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.