3212 Forest Park Blvd, Fort Worth, TX 76110

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List Price
$1,990,000
MLS#
21428868
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
2026
Construction Status
New Construction - Complete
Bedrooms
10
Full Baths
10
Acres
0.14
County
Tarrant
City
Fort Worth
Subdivision
Byers & Mccart Add
Building Name
3212 And 3214 Forest Park

Property 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.

Additional Information

Lot Size
6,272
Acres
0.14
Interior Features
Decorative Designer Lighting Fixtures, Eat-In Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Multiple Staircases, Open Floor Plan, Pantry, Smart Home, Walk-In Closet(s)
Flooring
Vinyl
Foundation
Slab
Roof
Composition, Shingle
Pool Features
None
Parking Garage
Electric Gate, Gated, Parking Lot, On Street, Secured
School District
Fort Worth Isd
Elementary School
Westcliff
Middle School
Mclean
High School
Paschal
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Andrew Neumann from NRES. Contact:

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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