2816 Wayside Avenue Fort Worth, TX 76110

Multi-Family (2-4 Units) MLS #: 20560995 Courtesy Of Compass RE Texas, LCC, Listed By Ted Olsen

$2,400,000

16 beds | 8 baths
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Estimated monthly payments: $10,491/mo.* (recalculate)

Property InformationDescription

Welcome to Wayside Avenue, a 4-duplex ownership opportunity less than a half-mile from the TCU campus. These 4 properties are situated next door to each other and represent an ultra-rare opportunity for redevelopment or buy as a long term hold. All 4 duplexes have been updated within the past 2 years making the long-term play very attractive. Each unit boasts 2 bedrooms plus a loft, 1.5 bathrooms, parking, and approx 1130 square feet. The units feature bright and airy interiors highlighted by contemporary finishes and natural light. As a development opportunity, these properties collectively total a little over one-half acre, creating the optimum land for redevelopment. Four 10-plexes can be constructed to turn the existing footprint of 8 units into a 40-unit property. There are several exit strategies including; buy as a long-term hold in its current capacity, develop into larger student housing units for a long term hold or develop into larger units to be sold in the short term.

Features

  • Age: 41-50 Years Old
  • Appliances: Dishwasher, Microwave, Range - Electric, Refrigerator
  • Architecture Style: Other
  • Cooling System: Central A/C
  • Floor Covering: Laminate
  • Heating Fuel: Electric
  • Heating System: Central Furnace
  • Lot Size: 0.14 Acres
  • Roof Type: Composition Shingle
  • Rooms: Bedroom, Full Bath

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2816 Wayside Avenue, Fort Worth, TX 76110
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School Information

2816 Wayside Avenue, Fort Worth, TX 76110

Elementary School
Grades 6 | Public School
MCLEAN 6TH GRADE SCHOOL
Fort Worth, TX 76109
3201 S Hills Ave
817.­207.6700
Distance: 1.3 mi
School Rating
B-
Student:Teacher Ratio
17:1
Total Students
488
Elementary School
Grades PK-5 | Public School
LILY B. CLAYTON ELEMENTARY SCHOOL
Fort Worth, TX 76110
2000 Park Place Ave
817.­814.5400
Distance: 1.1 mi
School Rating
C+
Student:Teacher Ratio
15:1
Total Students
491
Middle School
Grades 7-8 | Public School
MCLEAN MIDDLE SCHOOL
Fort Worth, TX 76109
3816 Stadium Dr
817.­814.5300
Distance: 1.4 mi
School Rating
B-
Student:Teacher Ratio
15:1
Total Students
980
High School
Grades 9-12 | Public School
R.L. PASCHAL HIGH SCHOOL
Fort Worth, TX 76110
3001 Forest Park Blvd
817.­814.5000
Distance: 0.2 mi
School Rating
D
Student:Teacher Ratio
16:1
Total Students
2302
Other Nearby Schools Distance Type Grades School Rating
University Christian Church Weekday School 0.6 mi Private PK-KG
Alice Carlson Applied Learning Center 0.8 mi Public KG-5 B-
Starpoint School 0.8 mi Private 1-6
George C. Clarke Elementary School 1.0 mi Public PK-5 C-
E.m. Daggett Middle School 1.0 mi Public 6-8 D
E.m. Daggett Elementary School 1.1 mi Public PK-5 D
Daggett Montessori 1.2 mi Public KG-8 B
Our Lady Of Victory Catholic School 1.3 mi Private PK-8
St Andrew Catholic 1.3 mi Private PK-8
Rosemont 6th Grade 1.3 mi Public 6
De Zavala Elementary School 1.6 mi Public PK-5 A
Alice D. Contreras Elementary School 1.6 mi Public PK-5 B+
Richard J. Wilson Elementary School 1.6 mi Public PK-5 D+
Cassata High School 1.7 mi Private 9-12
Children's Medical Center 1.9 mi Public KG-12
Trinity Basin Preparatory 1.9 mi Public PK-8 C
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Fort Worth, TX 76110

Median Age: 31.5
Married: 49%
Number of Households: 10,460
Households with Children: 38.4%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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