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Tarrant, US
PRIME INVESTMENT OPPORTUNITY NEAR TCU!
Smart investors, this one is for you. With a proven three-year rental history to TCU student-athletes , 5163 Waits Ave offers immediate, reliable income in one of Fort Worth’s most sought-after areas.
This beautifully remodeled 3-bedroom, 2-bath home with an office sits in a well-established neighborhood known for its mature trees and friendly atmosphere. Inside, you’ll find an inviting open floor plan with luxury vinyl plank flooring in the main areas, a neutral designer palette, and natural stone countertops in the kitchen. Both bathrooms have been fully updated with stylish, modern tile.
The converted garage now provides a spacious utility room plus an adjacent dedicated home office—perfect for today’s lifestyle. A generous storage room at the front of the home offers additional space for tools, bikes, or equipment. A newer HVAC system (inside and out) adds peace of mind.
Outside, the fenced backyard is built for relaxation and tenant appeal with a large entertaining deck and a newly added luxury HOT TUB—a standout feature for renters. Even better, this property is being sold FULLY FURNISHED, making it a true TURNKEY investment from day one.
Centrally located near TCU, major highways, shopping, dining, and entertainment, this home checks every box for strong rental demand.
A rare, ready-to-go investment opportunity you don’t want to miss!
Buyer and Buyer’s Agent to verify all information herein.
***PLEASE NOTE: ONE TENANT IN PROCESS OF MOVING OUT, AND ANOTHER MOVING IN - WE HAVE NEW BEDDING FORTHCOMING! The property has been professionally deep cleaned, carpets cleaned, and upholstery cleaned! Ready to go!
Courtesy Of: Keller Williams Heritage West
Feature Highlights
- Dining Room
- Family Room
- Spa
General Features
- Style:
- Ranch
- Garage:
- Driveway
Public Schools
- School District:
- Fort Worth ISD
- Elementary School:
- Southhills
- Middle School:
- Rosemont
- High School:
- Southhills
Interior Features
- Baths Full:
- 2
- Beds Total:
- 3
- Heating:
- Central
- Interior Features:
- Built-in Features,Cable TV Available,Decorative Lighting,Eat-in Kitchen,Granite Counters,High Speed Internet Available,Open Floorplan
- Room Count:
- 8
- Number Of Dining Areas:
- 1
- Number Of Living Areas:
- 1
Exterior Features and Amenities
- Parking Features:
- Driveway
- Subdivision Name:
- South Hills Add
- Pool Features:
- Separate Spa/Hot Tub
- Architectural Style:
- Ranch
- Lot Size Units:
- Acres
- Lot Size Area:
- 0.1820
- Lot Size:
- Less Than .5 Acre (not Zero)
Utility Information
- Utilities:
- City Sewer,City Water,Electricity Connected
Financial
- Tax Legal Description:
- SOUTH HILLS ADDITION BLOCK 46 LOT 11
- Transaction Type:
- For Sale
- Unexempt Taxes:
- $6,322.00
Other Features
- Parcel Number:
- 02833247
- Possession:
- Lease Outstanding
- Structural Style:
- Single Detached
- Will Subdivide:
- No

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Data last updated: 2026-01-19.
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