3836 Carolyn Rd - Multi-Family FOR SALE


Fort Worth, TX 76109- TCU District
$1,950,000 USD
918-406-5433
3836 Carolyn Rd, Fort Worth, TX for Sale
$1,950,000 USD
Multi-Family - FOR SALE
1/4
null | 5.98% Cap Rate

3836 Carolyn Rd
Fort Worth, TX 76109
TCU District


OVERVIEW

This brand-new, high-end duplex offers a prime investment opportunity in the highly desirable TCU area. With 100% pre-leased for the 2025-2026 school year and 50% pre-leased for the 2026-2028 school years, along with guarantor forms and deposits on file for all tenants, this property ensures steady cash flow. The property is equipped with advanced security systems, including 24-hour multi-camera monitoring, a DVR system with remote playback capabilities, and a motorized driveway gate, providing peace of mind for both tenants and owners. Each unit comes fully equipped with a refrigerator, two sets of washers and dryers, and a 70" television, offering convenience and modern amenities. Tenants are responsible for all utilities, including electric, water, gas, cable, and internet, making it a hassle-free investment for the owner. Ample parking is available with a fenced, front driveway and additional street parking options for both tenants and guests. The duplex boasts high-end designer finishes, including oversized kitchens with large islands, quartz countertops, stainless-steel appliances, multiple living spaces, and large covered balconies, perfect for entertaining. Located just 1 mile south of TCU Athletic Fields and 1.5 miles from TCU campus, this property offers tenants a prime location near campus life and amenities. The construction was completed in May 2024, with the first tenants occupying the property in June 2024, ensuring a newly built, move-in-ready investment. Each of the 10 spacious bedrooms has its own en-suite bathroom, providing comfort and privacy for all tenants. This exceptional property is an outstanding opportunity for anyone looking to invest in the TCU area.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$443 USD /SF

# OF UNITS

2

PRICE/UNIT

$975,000

CAP RATE

5.98%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Carolyn

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,854 SF

ZONING

-

APN/PARCEL ID

03404609

ASK ABOUT THIS PROPERTY

Jeremy DavisLeague Real EstateMore Info
918-406-5433

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Jeremy DavisLeague Real EstateMore Info
918-406-5433

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