1 month on rocket

2816 Wayside Ave, Fort Worth, TX, 76110

$2,700,000

16 Bedrooms
8 Full Baths
Multi
Schools Nearby

Location

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Property Highlights

Home TypeDuplex
ParkingCovered, Driveway
Year Built1978
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #20560995
Lot Size0.14 Acres
StatusActive

About 2816 Wayside Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1978

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (805) 252-2299, (214) 814-8100
  • Listing Agent: Ted Olsen, Ida Duwe Olsen

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Basement: No
  • Flooring Type: Laminate
  • Interior: Built-in Features, Loft, Open Floorplan

Bedroom and Bathroom Information:

  • Full Bathrooms: 8
  • Total Bedroom Count: 16

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Covered, Driveway

Virtual/3D Tour

  • Virtual Tour: 2816 Wayside Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot: Interior Lot, Few Trees
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: Please use GPS.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,700,000

Tax Information:

  • Annual Amount: $5,486
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Fort Worth, TX.

Med. List Price

$339.8K

Med. Price/SqFt

$182

Avg. Days On Market

68

# of Sold Homes

827

2816 Wayside Ave vs Fort Worth

41 DAYS ON ROCKET

-27 Days

$2,700,000

+$2.3M More

KEY TAKEAWAY

This property is $2.3M more than the Median List Price in Fort Worth, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20560995

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (805) 252-2299, (214) 814-8100
  • Listing Agent: Ted Olsen, Ida Duwe Olsen

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/29/2024, 11:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,486$234,100
2019$3,455$234,100
2017$3,593$129,011

History based on county public records data.

Payment Calculator

$13.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,161

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3411336
6
/10
  • Alice Carlson Applied Learning Center

  • 3320 W Cantey St

  • 0.77 miles

  • Public District Grades KG-5

school-card-donut-3411337
5
/10
  • George Clarke Elementary School

  • 3300 S Henderson St

  • 0.95 miles

  • Public District Grades PK-5

school-card-donut-3411338
4
/10
  • Daggett Elementary School

  • 958 Page Ave

  • 1.05 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,642. The most common annual income of people living in Fort Worth, TX is less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

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Rocket HomesTexasTarrant CountyFort Worth761102816 Wayside Ave

This home is located at 2816 Wayside Ave in Fort Worth, TX and zip code 76110 in the Paschal neighborhood. This home, which was built in 1978, sits on a 0.14 acre lot. Features: 16 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $2,700,000.

In March 2024 in Fort Worth, TX there were 12.7% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $339,844, while the average time on the real estate market was 68 days.

From Rocket Homes Real Estate and based on county public records data.

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