3241 Waits Avenue

Fort Worth, TX 76109
$695,000
2,761 sqft
3 beds
3 baths

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.

Property Type: Residential - Single Family Residence
MLS Status: Active
MLS: 21262735
Year Built: 1936
County: Tarrant
Tract or Division: Pr Weatherfords Add
List Date: 05/07/2026
Area:
Square Feet: 2,761
Total Beds: 3
Full Baths: 3
Half Baths: 0
Acres: 0.11
Lot Size (sqft): 5,009

800.451.8055

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Interior Features

 
Kitchen:
  • IrrigationEquipment
Fireplace:
  • Number of fireplaces: 0
Floor Coverings:
  • LuxuryVinylPlank
  • Tile
Appliances:
  • SomeGasAppliances
  • Dryer
  • Dishwasher
  • GasCooktop
  • Disposal
  • GasWaterHeater
  • Microwave
  • PlumbedForGas
  • Refrigerator
  • Washer
Windows:
  • WindowCoverings
Virtual Tour:

Exterior Features

 
Style:
  • ContemporaryModern
  • Detached
Parking:
  • AdditionalParking
  • Driveway
Lot Description:
  • NoBackyardGrass
Roof Type:
  • Flat
Siding:
  • Concrete
  • Stucco
Pool Type:
  • None
Foundation:
  • PillarPostPier
  • Slab
Fencing:
  • Wood

Utilities

 
Heating/Cooling:
  • Central
  • Zoned
Utilities:
  • SewerAvailable
  • WaterAvailable

Additional Property Details

 
Listing Agent: John Zimmerman
Co-Listing Agent: Dane Steinhagen
Broker: Compass RE Texas, LLC
Amenities:
  • BuiltInFeatures
  • DecorativeDesignerLightingFixtures
  • EatInKitchen
  • KitchenIsland
  • OpenFloorplan
  • WalkInClosets
  • WiredForSound
Security Features:
  • SecuritySystemOwned
  • FireAlarm
  • SmokeDetectors
Community:
  • Sidewalks
Listed by: John Zimmerman, Compass RE Texas, LLC
Phone: 817.247.6464

Location

Schools

School Name Grades Admission
Lily B. Clayton Elementary School PK - 5 Regular
R.L. Paschal High School 9 - 12 Regular
W.P. McLean Middle School 7 - 8 Regular
McLean 6th Grade School 6 - 6 Regular
4 Schools

*All school information should be verified by local Independent School District.

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* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.

The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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