2816 Wayside Ave, Fort Worth, TX 76110

16 Bedroom(s)

8 Full Bath(s)

0.14 Lot Acres

Multi-Family - Duplex

57 Day(s) on HAR.com

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables

AVM Value $596K	AVM Value $2.23M	AVM Value $434K
Value Range $513K - $679K	Value Range $2.02M - $2.44M	Value Range $ 434,456
Confidence Score 86% Margin of Error*: 14%	Confidence Score 27% Margin of Error*: 9%	Confidence Score NA

$596K

$2.23M

$434K

Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.

Description

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.

MLS#

NTREIS-20560995

Sold Price Range

$1,888,001 - $2,176,000

Listing Status

Sold

Address

2816 Wayside Ave

City

Fort Worth

State

Zip Code

76110

County

Tarrant County

Subdivision

Frisco Heights Add

Neighborhood

View Paschal Area Profile View all homes in Paschal Area

Legal Description

FRISCO HEIGHTS ADDITION BLOCK 17 LOT 5

Property Type

Multi-Family - Duplex

Bedroom

16 Bedroom(s)

Bath

8 Full Bath(s)

Stories

1.5

Year Built

1978 / Appraisal District

Lot Size

0.14 Lot Acres./EST

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PRESENTED BY

Dorothy Roberts Platinum

Creekwood Realty

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Exterior

Roof

Composition

Foundation

Slab

Private Pool

Exterior Type

Siding

Lot Description

Few Trees, Interior Lot

Parking

Covered, Driveway

Parking Space

Garage 0 / Carport 8 / Total Covered 8

Fencing

Wood

Porch

Enclosed

Utility

City Sewer, City Water

Interior

Floors

Laminate

Cooling

Central Air, Electric

Heating

Central, Electric

Appliances

Dishwasher, Electric Range, Microwave, Refrigerator

Interior

Built-in Features, Loft, Open Floorplan

Lot information

Lot Size

0.14 Lot Acres /EST

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Property tax

Cost/Sqft based on tax value

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Mortgage

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LIST PRICE

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Amount

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Loan Term

Months

Years

Annual Interest Rate Estimated Monthly Principal & Interest

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Monthly Homeowner's Insurance Monthly PMI (Private Mortgage Insurance) Monthly HOA fees

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.