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3 Beds
3 Baths
2,296 sqft

$450,000

3233 Merida Avenue , Fort Worth TX, 76109

Price per sqft$195.99
Built in1945
Property size2,296 sqft
Property typeResidential

Overview

Active

Listed Oct 14, 2026

Updated 1h ago

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.

$2,994/mo

Est. mortgage payment based on a $450,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
21411976
Available since
October 14, 2026

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$7,071
Tax Frequency
Annually

 Courtesy of Raleigh Green | Briggs Freeman Sotheby's International Realty

Based on information from DASH - Sotheby's International Realty (SIR) as of 10/15/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

©2026 DASH - Sotheby's International Realty (SIR). All rights reserved. 

Data last updated 3:05 PM UTC, 10/15/2026

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