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.