2816 Wayside Ave

Fort Worth, TX 76110
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For Sale
Under Contract – P
$2,400,000
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16 Bedroom(s)
8 Full Bath(s)
0.14 Lot Acres
Multi-Family - Duplex

Audio narrative

Description

Welcome to Wayside Avenue, a 4-duplex ownership opportunity less than a half-mile from the TCU campus. These 4 properties are situated next door to each other and represent an ultra-rare opportunity for redevelopment or buy as a long term hold. All 4 duplexes have been updated within the past 2 years making the long-term play very attractive. Each unit boasts 2 bedrooms plus a loft, 1.5 bathrooms, parking, and approx 1130 square feet. The units feature bright and airy interiors highlighted by contemporary finishes and natural light. As a development opportunity, these properties collectively total a little over one-half acre, creating the optimum land for redevelopment. Four 10-plexes can be constructed to turn the existing footprint of 8 units into a 40-unit property. There are several exit strategies including; buy as a long-term hold in its current capacity, develop into larger student housing units for a long term hold or develop into larger units to be sold in the short term.

MLS#
NTREIS-20560995
List Price
$2,400,000
Listing Status
Under Contract – P
Address
2816 Wayside Ave
City
State
TX
Zip Code
Subdivision
Frisco Heights Add
Legal Description
FRISCO HEIGHTS ADDITION BLOCK 17 LOT 5
Property Type
Multi-Family - Duplex
Bedroom
16 Bedroom(s)
Bath
8 Full Bath(s)
Stories
1.5
Year Built
1978 /Appraisal District
Lot Size
0.14 Lot Acres/EST

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Siding
Lot Description
Few Trees, Interior Lot
Parking
Covered, Driveway
Parking Space
Garage 0 / Carport 8 / Total Covered 8
Fencing
Wood
Porch
Enclosed
Utility
City Sewer, City Water

Interior

Floors
Laminate
Cooling
Central Air, Electric
Heating
Central, Electric
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Interior
Built-in Features, Loft, Open Floorplan

Lot information

Lot Size
0.14 Lot Acres /EST
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Noise factors

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Source

North Texas Real Estate Information Systems, Inc.
Source last updated Jun 04, 2024 at 08:47 AM
Listing last updated May 30, 2024 at 09:37 AM
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2816 Wayside Ave, Fort Worth, TX 76110. View photos, map, tax, nearby homes for sale, home values, school info...

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