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Property Description
Fully leased and income-producing just steps from TCU campus - Completely rebuilt, expanded, and thoughtfully reimagined, this property lives like new construction while offering immediate cash flow with a guaranteed lease already in place. Even more compelling, there is already strong demand for the next lease term, with tenants lining up to secure the property at an elevated rental rate-positioning this asset for continued income growth. Inside, you'll find soaring ceilings and an abundance of natural light that elevate the entire home. The functional and flexible floor plan features 3 spacious bedrooms, 3 full bathrooms, a dedicated dining room, full laundry room, and a versatile loft-style study-ideal for maximizing tenant appeal and rental potential. Designed with ease of ownership in mind, this property offers ultra low-maintenance living with minimal exterior upkeep-front yard only-while tenants cover all utilities. Ample rear parking adds convenience and value, a rare find this close to campus. All appliances convey, making this a true plug-and-play opportunity in one of Fort Worth's most sought-after rental pockets near TCU.
Full Property Details
Full Property Details for 3241 Waits Ave
General
- Taxes: $11,339
- Status: Closed
- Type: Single Family
- Source: NTREIS
- MLS ID: 21262735
- Added to Site: 177 day(s) ago
Interior
- Interior Features: Built-in Features, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Kitchen Island, Open Floorplan, Walk-In Closet(s), Wired for Sound
- Appliances: Some Gas Appliances, Dryer, Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Plumbed For Gas, Refrigerator, Washer
- Flooring: Luxury Vinyl Plank, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Additional Information
- Security/Safety: Security System Owned, Fire Alarm, Smoke Detector(s)
- Equipment: Irrigation Equipment
Parking
- Parking Features: Additional Parking, Driveway
Location
- County: Tarrant
- Subdivision: Pr Weatherfords Add
- Driving Directions: Take I-35W to the W. Berry Street exit and head west for about two miles, then turn right onto Waits Avenue just past Cockrell. The destination will be on your left, situated in the residential neighborhood just south of the TCU campus.
School Information
- Elem School District: Fort Worth ISD
- Midd School District: Fort Worth ISD
- High School District: Fort Worth ISD
- Elementary School: Clayton Li
- Middle School: Mclean
- High School: Paschal
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Zoned
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Contemporary/Modern, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Concrete, Stucco
- Roof: Flat
- Windows: Window Coverings
- Stories/Levels: 2
- Living Area: 2,132 Sq. Ft.
- Year Built: 1936
Lot Features
- Lot Size (Acres): 0.115
- Lot Size (Sq. Ft.): 5,009.4
- Sidewalks: Yes
- Lot Features: No Backyard Grass
- Fencing (Description): Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $11,339
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: WEATHERFORD, P R ADDITION BLOCK 7 LOT 1
- Property ID: 3320103
- Block: 7
- Lot Number: 1
Listed by Compass RE Texas, LLC, John Zimmerman and Compass RE Texas, LLC, Dane Steinhagen
Sold by Compass RE Texas, LLC, Maureen Steitle
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Schools
Schools serving 3241 Waits Ave
School District:Fort Worth Independent School District
| Name | Grades | Distance |
|---|---|---|
Mclean 6th Grade 3201 South Hills Avenue, Fort Worth, TX 76109 | 6- | 0.6 mi |
Lily B Clayton Elementary School 2000 Park Place Avenue, Fort Worth, TX 76110 | PK-5 | 1.7 mi |
Mclean Middle School 3816 Stadium Drive, Fort Worth, TX 76109 | 7-8 | 0.8 mi |
Paschal High School 3001 Forest Park Boulevard, Fort Worth, TX 76110 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
3241 Waits Avenue, Fort Worth, TX 76109 (MLS# 21262735) is a Single Family property that was sold on June 05, 2026. Want to learn more about 3241 Waits Avenue? Do you have questions about finding other Single Family real estate for sale in Fort Worth? You can browse all Fort Worth real estate or contact a Coldwell Banker agent to request more information.

