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3563 South 3563 South Dr 5 Unit Apartment Building $555,000 ($111,000/Unit) Fort Worth, TX 76109
Executive Summary
Prime opportunity to own a grandfathered, registered TCU student rental—part of an exclusive off-campus portfolio located just steps from Texas Christian University. Each property is leased to high-demand student tenants under the 2014 TCU Overlay, permitting 4–5 occupants per home and producing consistent cash flow well above market averages. Investors may purchase properties individually, select a group, or acquire the entire portfolio for scale. With a shrinking supply of registered houses, continued rent growth, and strong long-term appreciation in the 76109 zip code, these assets stand among the most sought-after student rentals in Fort Worth.
Showings:
24-hour notice required. Showings available Monday through Friday during business hours. Text (817) 946-1299 to schedule.
Showings:
24-hour notice required. Showings available Monday through Friday during business hours. Text (817) 946-1299 to schedule.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$72,000
|
$32.85
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$72,000
|
$32.85
|
| Taxes |
$6,889
|
$3.14
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$6,889
|
$3.14
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $72,000 |
| Annual Per SF | $32.85 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $72,000 |
| Annual Per SF | $32.85 |
| Taxes | |
|---|---|
| Annual | $6,889 |
| Annual Per SF | $3.14 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $6,889 |
| Annual Per SF | $3.14 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $555,000 | Building Class | C |
| Price Per Unit | $111,000 | Lot Size | 0.43 AC |
| Sale Type | Investment | Building Size | 2,192 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1952 |
| Apartment Style | Low-Rise |
| Price | $555,000 |
| Price Per Unit | $111,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 2,192 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1952 |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Tub/Shower
- Yard
- Dining Room
- Family Room
- Island Kitchen
- Linen Closet
- Patio
- Smoke Free
- Large Bedrooms
Site Amenities
- Trash Pickup - Curbside
- Individual Locking Bedrooms
- Private Bathroom
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Property Taxes
| Parcel Number | 03406687 | Total Assessment | $307,000 |
| Land Assessment | $215,685 | Annual Taxes | $6,889 ($3.14/SF) |
| Improvements Assessment | $91,315 | Tax Year | 2025 |
Property Taxes
Parcel Number
03406687
Land Assessment
$215,685
Improvements Assessment
$91,315
Total Assessment
$307,000
Annual Taxes
$6,889 ($3.14/SF)
Tax Year
2025
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3563 South | 3563 South Dr
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