Paragon Realtors Real Estate

3233 Merida AvenueFort Worth, TX 76109Price: $450,000

  • Price: $450,000
  • Est. Mortgage of $/month
  • 2 Days on Market
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%
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Federal 30-year interest rate: 7.4% last updated on Oct 8, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $450,000List Price
  • 3Bedrooms
  • 3Bathrooms
  • 0.14Acreage
  • 2,296Square Feet

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Listed by Raleigh Green of Briggs Freeman Sotheby's Int'l (817-731-8466)
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 2028 at $4,150 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.

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Based on information submitted to North Texas Real Estate Information Services as of October 16, 2026 2:00 AM UTC. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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