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#20934145, Beth Elkassih, Listing office: The Michael Group Real Estate
Property details
About 3229 S University Dr
Currently Improved Property with a Duplex consisting of 2 Units 3 BR 2 Bath 1,110 sq ft each on a 6750 sq ft lot; 2nd Parcel and lot located at 3233 S University also with a Duplex for sale to be combined as a bundle so each duplex is priced at $1,000,000; Opportunity for investment and redevelopment for Multi-Family; This prime location provides an irreplaceable opportunity for investors looking to provide much-needed student housing next to a top-tier college campus. Property is situated just a couple of blocks from the prestigious Texas Christian University (TCU) Campus. Investment Considerations: · Rare entitlement advantage in a constrained housing submarket · Strong historical appreciation and rental demand · This submarket has demonstrated robust fundamentals, including a 92% increase in rental rates since 2021 and a 235% increase in price per square foot over the past decade. Don't miss your chance to own this remarkable student housing property in the bustling city of Fort Worth.
Highlights
Home typeVacant Land
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Lot size0.155 Acres
Year built2004
MLS #20934125
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Summary
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $1,000,000
- Annual Tax Amount: $15,515
- Tax Year: 2024
- Lot: Interior Lot, City Lot
- Directions: From I-35W, take EXIT 48A toward BERRY ST-TCU; Turn LEFT onto E BERRY STREET; Turn LEFT onto S UNIVERSITY DRIVE; 3229 S UNIVERSITY DRIVE will be on the LEFT.
- Year Built: 2004
- Lot Size: 0.155 Acres
- MLS Number: 20934125
- MLS Name: NTR
- Office Name: The Michael Group Real Estate
- Office Phone: (817) 577-9000
- Listing Agent: Beth Elkassih
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Last updated on: 7/26/2025, 12:55:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $580,000 | $15,515 |
| 2023 | $685,701 | $12,960 |
| 2022 | $498,545 | $12,960 |
| 2021 | $428,198 | $12,792 |
| 2020 | $466,320 | $12,792 |
| 2019 | $587,225 | $10,399 |
| 2017 | $376,499 | $10,485 |
History based on county public records data.
Nearby schools
5
McLean 6th Grade School
Public District 6-6
0.6 mi
•3201 S Hills Ave
6
Alice Carlson Applied Learning Center
Public District KG-5
0.7 mi
•3320 W Cantey St
5
Alice D. Contreras Elementary School
Public District PK-5
1.1 mi
•4100 Lubbock Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,029. Typical income of Fort Worth, TX residents is less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
48%
<35k
43%
35k-100k
9%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
68%
Single, No Kids
9%
Single, with Kids
13%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
4%
12-17 yrs old
59%
18-34 yrs old
23%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
Soccer
Yoga/pilates
Where do the neighbors shop?
Express/Express For Men
Forever 21
H&M
Where do the neighbors go to eat?
Qdoba
Dominos Pizza
Starbucks
What do the neighbors drive?
Volkswagen
Mazda
Audi
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3229 S University Dr
The listing price of 3229 S University Dr property is $1,000,000.
The property 3229 S University Dr is land located in Fort Worth, Texas, 76109.
Active Listing: 3229 S University Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3229 S University Dr are: McLean 6th Grade School (GreatSchools Rating 5/10), Alice Carlson Applied Learning Center (GreatSchools Rating 6/10), Alice D. Contreras Elementary School (GreatSchools Rating 5/10), McLean Middle School (GreatSchools Rating 4/10), Rosemont Middle School (GreatSchools Rating 3/10), E.M. Daggett Middle School (GreatSchools Rating 2/10), R.L. Paschal High School (GreatSchools Rating 4/10), Fort Worth Academy of Fine Arts (GreatSchools Rating 8/10), Arlington Heights High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $15,515 (source: MLS/based on county public records data).
The property 3229 S University Dr is 0.155 acres.
The year of construction for 3229 S University Dr is 2004.
This home is located at 3229 S University Dr in Fort Worth, TX and zip code 76109 in the Bluebonnet neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 13, 2025 and is currently priced at $1,000,000.
Over 0 listings were sold over their listed price in June 2025 in Fort Worth, TX. In the same period over 1 listings were sold below the listed price and 1 listings were sold for the listed price. The number of homes for sale in Fort Worth, TX increased by 6.1% between May and June 2025. In June 2025 median list price was $331,999 and the average listing age was 76 days.
From Rocket Homes Real Estate and based on county public records data.