3233 S University Dr Fort Worth, TX 76109
Bluebonnet NeighborhoodEstimated payment $6,597/month
Highlights
- Interior Lot
- Partially Fenced Property
- 5-minute walk to Bluebonnet Circle Park
- Central Heating and Cooling System
About This Lot
Currently Improved Property with a Duplex consisting of 2 Units 3 BR 2 Bath 1, 110 sq ft each on a 6750 sq ft lot; 2nd Parcel and lot located at 3233 S University also with a Duplex for sale to be combined as a bundle each for $1M; Opportunity for investment and redevelopment for Multi-Family; This prime location provides an irreplaceable opportunity for investors looking to provide much-needed student housing next to a top-tier college campus. Property is situated just a couple of blocks from the prestigious Texas Christian University (TCU) Campus. Investment Considerations: Rare entitlement advantage in a constrained housing submarket Strong historical appreciation and rental demand This submarket has demonstrated robust fundamentals, including a 92% increase in rental rates since 2021 and a 235% increase in price per square foot over the past decade. Don't miss your chance to own this remarkable student housing property in the bustling city of Fort Worth.
Listing Agent
The Michael Group Real Estate Brokerage Phone: 817-577-9000 License #0548242 Listed on: 05/13/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $12,700
Year Built
- Built in 2004
Lot Details
- 6,750 Sq Ft Lot
- Partially Fenced Property
- Wood Fence
- Interior Lot
- 2 Lots in the community
- Zoning described as TCU Overlay
Schools
- Clayton Li Elementary School
- Paschal High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
Community Details
- Weatherford, Pr Addition Subdivision
Listing and Financial Details
- Legal Lot and Block 3 / 4
- Assessor Parcel Number 03319407
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $12,700 | $566,000 | $135,000 | $431,000 |
| 2023 | $15,354 | $678,529 | $182,250 | $496,279 |
| 2022 | $12,817 | $493,036 | $110,000 | $383,036 |
| 2021 | $11,623 | $423,707 | $110,000 | $313,707 |
| 2020 | $12,128 | $458,220 | $110,000 | $348,220 |
| 2019 | $15,618 | $567,753 | $110,000 | $457,753 |
| 2018 | $10,113 | $367,638 | $110,000 | $257,638 |
| 2017 | $10,389 | $366,711 | $110,000 | $256,711 |
| 2016 | $7,744 | $273,345 | $110,000 | $163,345 |
| 2015 | $7,982 | $281,200 | $58,900 | $222,300 |
| 2014 | $7,982 | $281,200 | $58,900 | $222,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2025 06/23/25 | For Rent | $2,800 | 0.0% | -- |
| 05/13/2025 05/13/25 | For Sale | $1,000,000 | +81.8% | $455 / Sq Ft |
| 03/22/2021 03/22/21 | Sold | -- | -- | -- |
| 02/22/2021 02/22/21 | Pending | -- | -- | -- |
| 02/10/2021 02/10/21 | For Sale | $550,000 | 0.0% | $250 / Sq Ft |
| 10/07/2019 10/07/19 | Rented | $2,100 | 0.0% | -- |
| 10/07/2019 10/07/19 | For Rent | $2,100 | +5.0% | -- |
| 11/27/2017 11/27/17 | Rented | $2,000 | 0.0% | -- |
| 10/28/2017 10/28/17 | Under Contract | -- | -- | -- |
| 10/13/2017 10/13/17 | For Rent | $2,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Allegiance Title Company | |
| Warranty Deed | -- | American Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $250,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $205,900 | New Conventional | |
| Previous Owner | $199,000 | Unknown | |
| Previous Owner | $187,200 | Purchase Money Mortgage | |
| Previous Owner | $137,950 | Unknown | |
| Previous Owner | $136,000 | No Value Available |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20934145
APN: 03319407
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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 2025. All rights reserved
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