Thank you
Ted Olsen
Compass RE Texas, LLC
817-858-0055
Welcome to Wayside Avenue, 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 very 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 a 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-unit 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.
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Total Bedrooms : 16
Full Baths: 8
Built-in Features,Loft,Open Floorplan
Dishwasher,Electric Range,Microwave,Refrigerator
City Sewer,City Water
Central Air,Electric
Central,Electric
Number of Fireplaces: 0
Built Year: 1978
Building Area Total: 2,356
Construction: Siding
Roof Type: Composition
Slab
Enclosed
Wood
Siding
Lot Size (Acr): 0.1440
Lot Size Units: Acres
Lot Size Square Feet: 6272.6400
Lot Size Source: Estimated
Lot Features: Few Trees,Interior Lot
Property Type: Residential Income
Property Sub Type: Duplex
Subdivision: Frisco Heights Add
City: Fort Worth
State: Texas
Directions: Please use GPS.
Property Status: Active
Levels: One and One Half
Property Age: 46
Year Built Details: Preowned
Original List Price: $2,700,000
Possession: Closing/Funding
Parcel Number: 01023950
Tax Block: 17
Tax Legal Description: FRISCO HEIGHTS ADDITION BLOCK 17 LOT 5
Tax Lot: 5
Unexempt Taxes: $9,831
Garage Space: 0
Carport Spaces: 8
Parking: 8
Parking Features: Covered,Driveway
HOA Type: None
Elementary School: Clayton Li
Middle School: Mclean
High School: Paschal
School District: Fort Worth ISD
Utilities: City Sewer,City Water
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
2925 May Street, Fort Worth, TX,76110 | $315,000 | 4 | 3 | 1,738 | 0.172 Acre |
2218 Mistletoe Boulevard, Fort Worth, TX,76110 | $410,000 | 3 | 1 | 1,391 | 0.127 Acre |
1412 Mistletoe Drive, Fort Worth, TX,76110 | $1,350,000 | -- | -- | -- | 1.004 Acre |
1101 W Lowden Street, Fort Worth, TX,76110 | $285,000 | -- | -- | -- | 0.33 Acre |
2741 Ryan Avenue, Fort Worth, TX,76110 | $290,000 | 2 | 1 | 954 | 0.162 Acre |
3336 Willing Avenue, Fort Worth, TX,76110 | $289,500 | 3 | 2 | 1,096 | 0.126 Acre |
2221 Ward Parkway, Fort Worth, TX,76110 | $1,325,000 | 3 | 5 | 3,933 | 0.411 Acre |
2110 Washington Avenue, Fort Worth, TX,76110 | $569,000 | 3 | 3 | 2,305 | 0.115 Acre |
2722 Adams, Fort Worth, TX,76110 | $295,000 | 2 | 1 | 1,214 | 0.1664 Acre |
3701 May Street, Fort Worth, TX,76110 | $249,900 | 3 | 2 | 1,320 | 0.144 Acre |
Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2024. All rights reserved
ByOwner last updated this listing 04/29/2024 @ 21:51
MLS: 437072128
LISTED BY: Ted Olsen, Compass RE Texas, LLC
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.