2824 Frazier Avenue

Fort Worth, TX 76110

$390,000
Price
3
Beds
2
Baths
1,550 Sq. Ft.
$252 / Sq. Ft.
1,550
Sq. Ft.
$252
per Sq. Ft.

Description

Desirable investment duplex near TCU campus. The front unit features 2 bedrooms, 1 bathroom, and a fully updated kitchen with granite countertops and new appliances. The back unit is a convenient studio with 1 bedroom, 1 bathroom, and similar kitchen amenities. The front unit boasts original hardwood flooring for easy maintenance and cost-effective tenant turnovers. Includes washer and dryer in each unit. Benefit from a strong rental history, with both units consistently occupied by college students...Desirable investment duplex near TCU campus. The front unit features 2 bedrooms, 1 bathroom, and a fully updated kitchen with granite countertops and new appliances. The back unit is a convenient studio with 1 bedroom, 1 bathroom, and similar kitchen amenities. The front unit boasts original hardwood flooring for easy maintenance and cost-effective tenant turnovers. Includes washer and dryer in each unit. Benefit from a strong rental history, with both units consistently occupied by college students or employees. Opportunity to increase revenue by adjusting rents. The current lease is valid until July 7, 2024. The property includes a detached garage, perfect for additional storage or rentable for extra income. It is Ideal for investors seeking a stable, income-producing property in a prime location with highly valuable land, with lots of buildings in the area being torn down and rebuilt.
  1. Listed by Anderson Schulle • TREC #0673820 • Green Light Property Mngmnt • 817-200-7982

Property Details for 2824 Frazier Avenue

Subdivision Name
Frisco Heights Add
Pool
No
Garage Spaces
0
Number Of Parking Spaces
3

Location

Listing Courtesy of Green Light Property Mngmnt, Anderson Schulle
Add your commute
LISTING UPDATED: 05/01/2024 06:20 PM

Property Details for 2824 Frazier Avenue

StatusActive
MLS #20573782
Days on Market35
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Full Duplex
Year Built1940
Lot Size0.14 AC / 6,272 SF
CountyTarrant County

Location

Listing Courtesy of Green Light Property Mngmnt, Anderson Schulle
Add your commute

Building Information for 2824 Frazier Avenue

Stories1Residences2Year Built1940Building Size-Lot Size0.14 AC / 6,272 SF

Payment Calculator

$2,610 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,128

Property Taxes

$482

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2824 Frazier Avenue

Summary
Location and General Information
  • Block: 18
  • Complex Name: n/a
  • Directions: 2824 Frazier Ave, Fort Worth
  • Elementary School: Clayton Li
  • Elementary School Name: Clayton Li
  • High School: Paschal
  • High School Name: Paschal
  • Middle School: Mclean
  • Year Built Details: Preowned
  • School District: Fort Worth ISD
  • Geocode Confidence: High
  • Latitude: 32.71
  • Longitude: -97.35
  • State: Texas
Parking
  • Parking Features: Driveway, Gravel
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Spaces Covered Total: 0
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: FRISCO HEIGHTS ADDITION BLOCK 18 LOT 7
  • Association Type: None
  • Tax Lot: 7
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Hardwood
  • Heating: Central
  • Interior Features: Other
  • Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
  • Cooling: Ceiling Fan(s), Central Air, Wall Unit(s)
  • Living Area: 1550.0
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Owner
  • Construction Materials: Frame
  • Foundation Details: Pillar/Post/Pier
  • Number Of Stories: 1
  • Roof: Composition, Shingle
  • Number Of Units Total: 2
  • Levels: One
Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.144
  • Lot Size Area: 0.144
  • Lot Size Units: Acres
  • Lot Size Square Feet: 6272.64
  • Multi Parcel ID: No
  • Parcel Number: 01024167
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 6.77%
  • Gross Annual Expenses: $5,303
  • Gross Annual Income: $31,711
  • Insurance Expense: $2,000
  • Total Annual Expenses Include: Gardener, Maintenance, Pest Control, Professional Management, Utilities, Other
  • Net Operation Income: $26,407.00
Unit 1
  • Approximate SQFT: 1000.0
  • Average Lease Amount: $1,500.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Approximate SQFT: 550.0
  • Average Lease Amount: $1,075.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1

Property History for 2824 Frazier Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2824 Frazier Avenue

Taxable ValueLand$168,750Additions$87,050Total$255,800
Tax Record2023$5,788 ($482 / month)
Home Facts
Total Finished SqFt1,212 SqFtAbove Grade Finished SqFt1,212 SqFtStories1Lot Size6,247 SqFtStyleDuplexYear Built1940Year Renovated1955CountyTARRANTAPN14810-18-7

Schools near 2824 Frazier Avenue

This home is within Fort Worth Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Lily B Clayton Elementary School
PublicPK to 5

Mclean Middle School
Public6 to 8

Paschal High School
Public9 to 12

Alice Carlson Applied Learning Center
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2824 Frazier Avenue is a multi-family home for sale in Fort Worth, TX 76110. This property was listed for sale on March 29, 2024 by Green Light Property Mngmnt, it's currently listed at $390,000. It has been on the market for a total of 35 days and was last sold on April 30, 2013. This listing's school district is Fort Worth Independent School District. Nearby schools include Lily B Clayton Elementary School, Mclean Middle School and Paschal High School. 2824 Frazier Avenue is a 3-bed, 2-bath, 1,550 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Green Light Property Mngmnt, Anderson Schulle

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