3133 Cockrell Ave - Apartments FOR SALE


Fort Worth, TX 76109- TCU District
$2,195,000 USD
281-733-5004
3133 Cockrell Ave, Fort Worth, TX for Sale
$2,195,000 USD
Apartments - FOR SALE
1/61
null | 6.16% Cap Rate

3133 Cockrell Ave
Fort Worth, TX 76109
TCU District


HIGHLIGHTS

  • New Construction Walking Distance Duplex Near TCU

OVERVIEW

Rare opportunity to acquire a newly constructed, purpose-built student housing duplex in the heart of the TCU rental market. Located just 0.4 miles from Texas Christian University, 3133 Cockrell offers an exceptional combination of new construction, walkability, strong rental income, and a highly desirable location within the established Cockrell/Berry student housing corridor. The property consists of two 5-bedroom units, providing 10 total bedrooms and approximately 4,724 rentable square feet. Each unit offers approximately 2,362 square feet across three levels, with spacious living and dining areas, private outdoor balconies, and a floor plan specifically designed for the student rental market. On-site parking further enhances the property's appeal to TCU tenants. The property is leased at $14,000 per month through May 31, 2028, generating $168,000 in projected annual gross rental income. Based on estimated annual operating expenses of $32,800, the property is projected to generate approximately $135,200 in NOI, representing a 6.16% projected cap rate at the $2,195,000 asking price. With new construction, secured long-term rental income, a highly desirable student-oriented floor plan, and a location within walking distance of TCU and nearby retail, 3133 Cockrell presents a compelling opportunity for an investor seeking a turnkey asset in one of Fort Worth's most established student housing markets.

FOR SALE DETAILS

PRICE

$2,195,000 USD

PRICE/SF

$956 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,097,500

CAP RATE

6.16%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,250 SF

ZONING

BU-RA 3

APN/PARCEL ID

03320642

ASK ABOUT THIS PROPERTY

Jonathan RothchildPurple Real Estate LLCMore Info
281-733-5004

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Jonathan RothchildPurple Real Estate LLCMore Info
281-733-5004

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.