Check Availability
$450,000
● House - In Contract

3233 Merida Avenue

Fort Worth, TX 76109
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,296 Ft²
$2,799
Est. Monthly

About This Property

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 2027 at $3,750 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.
Unit Size
2,296 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$196
Property Type
House
Property Taxes
$589
HOA Dues
-
Year Built
1945

Listed By

Raleigh Green
Briggs Freeman Sotheby's Int'l
Ben Frederick
Briggs Freeman Sotheby's Int'l

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Last updated: 21 days ago (NTREIS #21411976)

Price History

Date / Event Date Event Price
Oct 22, 2026 In contract -
In contract
Oct 14, 2026 Listed by Briggs Freeman Sotheby's Int'l $450,000
Listed by Briggs Freeman Sotheby's Int'l
May 17, 2019 No longer available -
No longer available
Jan 25, 2019 Price Decreased $199,900
↓ $20K (9.1%)
Price Decreased
Nov 17, 2018 Listed $219,900
Listed
The manager has listed the unit size as 1052 square feet.
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Property Highlights

Air Conditioning
Parking Details
Has Carport
Parking Features: Attached Carport
Interior Details
Full Bathrooms: 3
Interior Features: Second Primary Bedroom
Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Refrigerator
Flooring Type: Laminate, Tile, Wood
Exterior Details
Square Footage: 2296
Year Built: 1945
Levels: Two
Construction Materials: Siding
Lot Size Area: 0.144
Lot Size Units: Acres
Lot Size Acres: 0.144
Lot Size Square Feet: 6272.64
Tax Lot: 9
Financial Details
Tax Annual Amount: $7,071
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 1
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,250
  • Total Building Area: 2,296
  • Gross Building Area: 2,296
  • Building Area: 2,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,296
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BYERS & MCCART ADDITION
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A
  • Legal Description 1: BYERS & MCCART ADDITION BLOCK 12 LOT 9

Neighborhood

  • School District Name: Fort Worth Independent School District
  • School Tax School District: FORT WORTH
  • Census Tract: 104301

Geography

  • Assessors Map Reference: 76-X
  • Account Number: 00392367
  • District: 026
  • Parcel: 00392367
  • Block: 12
  • Lot: 9
  • Municipality: FORT WORTH
  • Latitude: 32.7029
  • Longitude: -97.3553

    Address

  • Full Address: 3233 Merida Ave
  • Address - House Number: 3233
  • Address - Street Name: Merida
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Fort Worth
  • Carrier Code: C004
  • 4-Digit Zip Code: 2350
  • Zip Code: 76109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $782,918
  • Tax Rate Code Area: 905

    Appraisal Valuation

  • Standard Deviation: 0.2273
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 423,033
  • High Value: 519,219
  • Low Value: 326,846

    Market Valuation

  • Market Total Value: $346,000
  • Market Land Value: $168,750
  • Market Improvement Value: $177,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $346,000
  • Assessed Land Value: $168,750
  • Assessed Improvements Value: $177,250

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: D221288165
  • Previous Sale Recording Date: Oct 01, 2021
  • Previous Sale Contract Date: Sep 28, 2021
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bluebonnet Place


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Frequently Asked Questions

When was property at 3233 Merida Avenue built and last sold?
The property at 3233 Merida Avenue was built in 1945 and last sold on Sep 28, 2021 for $2,475,000.
How much is this home worth?
The estimated value of the home located at 3233 Merida Avenue is $470,988.
What are some comparable homes to 3233 Merida Avenue?
There are currently no comparable homes to 3233 Merida Avenue.