About 3233 Merida Avenue
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 2028 at $4,150 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.
Features of 3233 Merida Avenue
| MLS® # | 21411976 |
|---|---|
| Price | $450,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 2,296 |
| Acres | 0.14 |
| Year Built | 1945 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 3233 Merida Avenue |
|---|---|
| Subdivision | Byers & Mccart Add |
| City | Fort Worth |
| County | Tarrant |
| State | Texas |
| Zip Code | 76109-2350 |
Amenities
| Utilities | City Sewer, City Water |
|---|---|
| Garages | Attached Carport |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Second Primary Bedroom |
|---|---|
| Heating | Central, Electric |
| Fireplace | No |
Exterior
| Roof | Composition |
|---|---|
| Construction | Siding |
School Information
| District | Fort Worth ISD |
|---|---|
| Elementary | Westcliff |
| Middle | Mclean |
| High | Paschal |
Financial Information
| HOA | None |
|---|---|
| Tax Unexempt | $7,071 |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Agent | Raleigh Green |
|---|---|
| Office | Briggs Freeman Sotheby's Int'l |
| Contact Info | 817-731-8466 |
