3212 Forest Park Boulevard
Fort Worth, TX 76110
$1,990,000
4,556 sqft
10 beds
10 baths
Description
NRES is pleased to offer 3212–3214 Forest Park Boulevard, a 2026-built, three-story duplex about half a mile from the TCU campus core. The property has two 5-bed, 5-bath units, for 10 beds and 10 baths in total, across approximately 4,556 SF on a 6,250 SF lot in Fort Worth’s Berry and University corridor. Each roughly 2,278 SF unit has a private bath for every bedroom. The second floor holds an open kitchen and living area with a center island and stainless appliances. Each unit also has an in-unit washer and dryer, wood-look plank flooring, walk-in closets in select bedrooms, covered balconies, and a rooftop deck. Residents park in a striped surface lot at the rear. Both units are fully leased at $13,500 per month, or $162,000 in annual scheduled rent. 3212 is leased through May 2028, and 3214’s leases run through May 2027 and May 2028. At the $1,990,000 asking price, estimated Year 1 NOI of $129,500 gives a 6.51% cap rate, or $199,000 per bedroom. Completed in 2026, the property gives a buyer a brand-new asset with minimal near-term capital needs. The site sits on a block of newer three-story duplexes, about 0.2 mile south of W Berry Street. Kroger and Bluebonnet Circle are each about half a mile away, and Downtown Fort Worth is roughly 4.4 miles by car.
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.
* 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.