Fort Worth, TX 76109 3232 Merida Avenue

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  • North Texas Real Estate Info Systems (NTREIS) - 37 - TX
  • MLS# 20893543
  • 04/10/2025
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Presented By: Jonathan Minerick with HomeCoin.com; 888-400-2513
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
  • Beds • 2
  • Baths • 2
  • SQFT • 1,286
  • Year Built • 1984

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. Current leases are $1425 month and expire 04&07, 2026.. P
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

Basement Y/NNo
Fireplaces Total0
FlooringLuxury Vinyl Plank
Interior FeaturesCable TV Available, High Speed Internet Available, Walk-In Closet(s)
Lock Box TypeNone
Occupancy Rate100
Total Units2
Unit Count1

General for 3232 Merida Avenue

# of Buildings1
Accessory Unit Y/NNo
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator
Capitalization Rate2.70
CityFort Worth
Complex NameNA
Construction MaterialsFrame, Siding
CoolingCentral Air
CountyTarrant
DirectionsFrom University, go west on Berry and South on Merida.
Elementary SchoolWestpark
Elementary School NameWestpark
Full Baths2
Gross Annual Expenses17880.00
HOA TypeNone
HeatingCentral, Electric
High SchoolPaschal
Insurance Expense1354
LevelsOne
Listing TermsCash, Conventional
Occupant TypeTenant
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
School DistrictFort Worth ISD
Security FeaturesSmoke Detector(s)
Standard StatusActive
StatusActive
Subdivision NameByers & Mccart Add
Unexempt Taxes5977
UtilitiesCity Sewer, City Water, Curbs, Electricity Connected, Individual Water Meter, Overhead Utilities
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1984
Year Built DetailsPreowned

Exterior for 3232 Merida Avenue

Attached Garage Y/NNo
Building Area Total1286.00
Foundation Slab
Garage Y/NNo
Lot Size Acres0.1440
Lot Size Area0.1440
Lot Size Square Feet6272.6400
Lot Size UnitsAcres
Number Of Parking Spaces4
Parking FeaturesTandem
Patio And Porch FeaturesCovered, Front Porch, Rear Porch

Additional Details

Price History

Schools

Elementary School Westpark Elementary School
High School N/A
Middle School N/A

Suzanne Smith

Broker/Owner
Price $399,000
MLS#20893543
List Date 04/10/2025
Property Type Multi-Family
Phone 903.235.4216
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