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$4,000,000   Price Analysis
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2500 S University Dr
Fort 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

Sasha at University is a 20-unit multifamily property located in the West University submarket in 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

Total Bathrooms: 0

Cable TV Available
Granite Counters
High Speed Internet Available
Flooring: Tile, Vinyl, Wood

Dishwasher
Disposal
Electric Range

Cooling Features: Central Air, Electric
Heating Features: Central, Electric

Carport Spaces: 12
Covered Spaces: 12
Parking Features: Assigned, Carport

Lot Size Acres: 0.715
Lot Size Square Feet: 31145

Association: No
Calculated Total Monthly Association Fees: 0
Association Name: Sasha at University

Number of Buildings: 2

Elementary School: Tanglewood
High School: Paschal
Middle School: Mclean
School District: Fort Worth ISD

Paschal High School is a public high school located approximately 0.8 miles away.
directions icon Map directions

Tanglewood Elementary School is a public elementary school located approximately 1.6 miles away.
directions icon Map directions

University Christian Church Weekday School is a private elementary school located approximately 0.2 miles away.
directions icon Map directions

Middle Lvl Lrn Center is a public middle school located approximately 1.3 miles away.
directions icon Map directions

Source Listing Status: Active
County: Tarrant
Directions: From I-30, go South on University then turn onto Park Hill Drive
Source Property Type: Residential Income
Source Neighborhood: University Place Add
Parcel Number: 41190157
Subdivision: University Place Add
Property Subtype: Apartment
Source System Name: C2C

YearAssessments
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

Listed 2024-05-21
$4,000,000
NTREIS
Listing removed 2016-12-03
$1,600
NTREIS
Listed for rent 2016-07-29
$1,600
NTREIS
Listing removed 2015-11-06
$950
AppfolioUnits
Price Changed for rent 2015-09-01
$950
AppfolioUnits
Price Changed for rent 2015-08-21
$1,600
AppfolioUnits
Price Changed for rent 2015-08-01
$1,500
AppfolioUnits
Price Changed for rent 2015-07-09
$900
AppfolioUnits
Price Changed for rent 2015-05-27
$950
AppfolioUnits
Listed for rent 2014-12-06
$925
AppfolioUnits
Sold 2013-08-01
$0
Public Record

Year Built: 1929
Building Area Total: 19980
Construction Materials: Construction: Brick, Frame
Foundation Details: Pillar/Post/Pier
Levels: Two
Property Age: 95
Roof: Flat, Shingle
Year Built Details: Preowned

Utilities: City Sewer, City Water
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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.