Fort Worth, TX 76109 3232 Merida Avenue
$425,000



5 more






Presented By: Jonathan Minerick with HomeCoin.com; 888-400-2513
Home Details
Great investment opportunity in the immediate vicinity of TCU. The building is currently a 1 Bed and 1 Bath duplex on each side, with separate back yards, water, and electric meters. Endless potential to improve the current property, add on to the existing duplex (grandfathered), or redevelopment in the current A-5 zoning. Great timing for new fall tenants or to make any necessary changes to the property.
Presented By: Jonathan Minerick with HomeCoin.com; 888-400-2513
Interior Features for 3232 Merida Avenue
Bedrooms
Total Bedrooms2
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringLuxuryVinylPlank
Heating Y/NYes
Interior AmenitiesHighSpeedInternet, CableTv, WalkInClosets
Total Fireplaces
General for 3232 Merida Avenue
Additional Parcels Y/NNo
AppliancesDishwasher, ElectricCooktop, ElectricWaterHeater, Disposal, Microwave, Refrigerator
Attached Garage No
AttributionContact888-400-2513
Cap Rate2.54
Carport Y/NNo
CityFort Worth
Community FeaturesCurbs
Construction MaterialsFrame
CoolingCentralAir
CountyTarrant
DirectionsFrom University, go west on Berry and South on Merida.
Electric On Property Y/NNo
Elementary SchoolWestpark
Elementary School DistrictFort Worth ISD
Full Baths2
Garage Y/NNo
Gross Income31500.0
HOANo
HeatingCentral, Electric
High SchoolPaschal
High School DistrictFort Worth ISD
Home Warranty Y/NNo
Insurance Expense1354.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionBYERS & MCCART ADDITION BLOCK 11 LOT 16
LevelsOne
Lot Size Square Feet6272.64
Lot Size UnitsAcres
Middle/Junior High SchoolMclean
Middle/Junior School DistrictFort Worth ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-11T09:10:45.080-00:00
Net Operating Income10776.0
New ConstructionNo
Number Of Units Total2
Occupancy TypeTenant
Patio/Porch FeaturesRearPorch, Covered, FrontPorch
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Security FeaturesSmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories1
Subdivision NameByers & Mccart Add
Tax Annual Amount5977.0
Tax Lot16
UtilitiesElectricityConnected, OverheadUtilities, SewerAvailable, SeparateMeters, WaterAvailable, CableAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1984
Year Built DetailsPreowned
Exterior for 3232 Merida Avenue
Building Area Total1286.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.144
Lot Size Area0.144
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesTandem
SpaNo
Total Parking4.0
Water SourcePublic