NOT LISTED FOR SALE

3251 S University Dr Fort Worth, TX 76109

Bluebonnet Neighborhood

Estimated Value: $1,509,015

8 Beds
8 Baths
6,136 Sq Ft
$246/Sq Ft Est. Value

Last Sold January 12, 2022

Current estimated payment $9,731/month

11 Days on Market

About This Home

As of January 2022

Location, Location Location! Rare opportunity to own an apartment complex within walking distance to Texas Christian University. Total of eight 1 BR 1 BA units, each contains hardwood flooring, granite countertops, new cabinet faces, and stainless steel appliances. 8 covered parking spaces. On site laundry room contains two sets of washers and dryers. All units currently rented through summer of 2022. Utilities are separately metered. Great upside potential

Last Agent to Sell the Property

Jonathan Rothchild

Purple Real Estate, LLC License #0619238 Listed on: 11/18/2021

Last Buyer's Agent

Katie Durham

Compass RE Texas, LLC License #0678422

Compass RE Texas, LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $56,396

Year Built

  • Built in 1950

Lot Details

  • 0.31

Home Design

  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation

Interior Spaces

  • 6,136 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Carport

Schools

  • Clayton Li Elementary School
  • Mclean Middle School
  • Paschal High School

Additional Features

  • 0.31 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 8 Units
  • 6,136 Sq Ft Building
  • Bluebonnet Hills Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 5
  • Assessor Parcel Number 00230871
  • $9,011 per year unexempt tax

Property Details

Home Type

Apartment

Est. Annual Taxes

$56,396

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 67271
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 197.19687
  • Special Features: None
  • Year Built: 1950

Interior Features

  • Square Footage: 6136.00
  • Interior Amenities: Other
  • Appliances: Dishwasher, Electric Range, Gas Range, Refrigerator

Beds/Baths

  • Full Bathrooms: 8
  • Total Bedrooms: 8

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Roof: Other
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 8
  • Parking Features: Carport
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Complex Name: 3251-55 S University
  • Association Type: None

Schools

  • School District: Fort Worth ISD
  • Elementary School: Clayton Li
  • Middle School: Mclean
  • High School: Paschal
  • School District: Fort Worth ISD
  • Elementary School: Clayton Li
  • High School: Paschal

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.3100
  • Parcel Number: 00230871
  • Lot Size Acres: 0.3100
  • Lot Size Sq Ft: 13503.6000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1950
  • Units Total: 8

Multi Family

  • Gross Annual Expenses: 31185.00
  • Gross Annual Income: 98456.00
  • Insurance Expense: 5764
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 9011
  • TaxBlock: 5
  • Tax Lot: 6

MLS Schools

  • MiddleOrJuniorSchool: Mclean
  • Middle School Name: Mclean
  • Elementary School Name: Clayton Li
  • High School Name: Paschal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Jan 12, 2022
Sold by
Adna Properties Llc
Bought by
Cwd Armor Llc
Seller's Agent
Jonathan Rothchild
Purple Real Estate, LLC
Buyer's Agent
Katie Durham
Compass RE Texas, LLC
List Price
$1,215,000
Current Estimated Value
$1,509,015

Purchase Details

Closed on
Apr 25, 2018
Sold by
Harvest Rock Properties Llc
Bought by
Adna Properties Llc

Purchase Details

Closed on
Jan 27, 2010
Sold by
Hubbell Richard S and Hubbell Schatzie M
Bought by
Harvest Rock Properties Llc

Purchase Details

Closed on
Mar 31, 2008
Sold by
R S Hubbell Llc
Bought by
Hubbell Richard S and Hubbell Schatzie M

Purchase Details

Closed on
Apr 17, 2006
Sold by
Terry Patrick A and Terry Mary Katherine
Bought by
R S Hubbell Llc

Purchase Details

Closed on
Dec 12, 2003
Sold by
Carenage Ltd
Bought by
Terry Patrick A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2001
Sold by
Orman Shirley and Howard Nancy Kay
Bought by
Carenage Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 1999
Sold by
Miller Carolyn
Bought by
Orman Shirley and The Carolyn Miller Grantor Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cwd Armor Llc -- None Listed On Document
Adna Properties Llc -- None Available
Harvest Rock Properties Llc -- Stnt
Hubbell Richard S -- None Available
R S Hubbell Llc -- Rattikin Title
Terry Patrick A -- Alamo Title Company
Carenage Ltd -- Alamo Title Company
Orman Shirley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cwd Armor Llc $1,800,000
Previous Owner Harvest Rock Properties Llc $1,062,500
Previous Owner Hubbell Richard S $200,000
Previous Owner Terry Patrick A $220,000
Previous Owner Terry Patrick A $420,000
Previous Owner Carenage Ltd $227,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2022 01/12/22 Sold -- -- --
11/29/2021 11/29/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $1,215,000 -- $198 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

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 $56,396 $2,513,328 $235,000 $2,278,328
2023 $24,929 $1,101,708 $208,500 $893,208
2022 $18,738 $720,822 $110,000 $610,822
2021 $9,196 $335,219 $110,000 $225,219
2020 $13,110 $495,300 $110,000 $385,300
2019 $14,197 $516,073 $110,000 $406,073
2018 $11,788 $428,503 $110,000 $318,503
2017 $12,219 $431,302 $110,000 $321,302
2016 $5,983 $211,203 $110,000 $101,203
2015 $9,713 $342,200 $58,900 $283,300
2014 $9,713 $342,200 $58,900 $283,300
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Rothchild

    Seller's Agent in 2022

    Jonathan Rothchild

    Purple Real Estate, LLC

    (281) 733-5004

    10 in this area

    40 Total Sales

    Section Image
  • Katie Durham

    Buyer's Agent in 2022

    Katie Durham

    Compass RE Texas, LLC

    (817) 344-9180

    5 in this area

    187 Total Sales

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14712987

North Texas Real Estate Information Systems (NTREIS)

APN: 00230871

Texas Tarrant County Fort Worth 76109 Bluebonnet

3251 S University Dr, Fort Worth, TX

This home is located at 3251 S University Dr, Fort Worth, TX 76109 since 18 November 2021 and is currently priced at $1,509,015, approximately $245 per square foot. This property was built in 1950. 3251 S University Dr is a home located in Tarrant County with nearby schools including Lily B Clayton Elementary School, McLean 6th Grade Center, and Mclean Middle School.

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