Close your eyes and think about where you lived in college. Did you enjoy the dorm experience? How about an off-campus apartment up multiple flights of stairs? Maybe you lived in a house during your college experience?
I started college living in a dorm room that might have been a 10-foot-by-10-foot square. It was cozy, to say the least. (Especially with my potluck roommate’s 15 bottles of Chaps cologne … beats me why.)
I finished my four-plus years of higher learning by cramming five guys into a three-bedroom, one-bathroom house, which was a total blast. I think I paid $350 per month in rent. I’d do all of it all over in a heartbeat, too!
How Things Have Changed
Of course, these days, with colleges being so expensive and many students expecting a luxurious lifestyle, I doubt you find much for $350 per month.
Take the condominium at 2800 Sandage Avenue #104. This is not what I would call a “college roughing-it experience.” This luxurious condo of 1,731 square feet with three bedrooms and three full bathrooms, a mere two blocks from the Texas Christian University campus, is now the norm for college living.
Stained cabinets, attractive hardwood-esque flooring, a stainless gas range (how many TCU students really cook for themselves?!), marble counters, large walk-in showers … it’s all found in this condo.
Safety, Parking, Location
When I have worked with parents of TCU-bound students, their main concerns for a dwelling is that it’s safe, has ample parking, and isn’t too far from campus.
The Skyrock Condos — where 2800 Sandage #104 is located — meets that criteria and plenty more!
How about a gas fireplace? This condominium has that! You say you’d like private, underground parking? Not a problem — that’s part of the purchase price and monthly fees of $423 per month.
Room Rental Rates and Resale
It’s pretty common to see rooms — yes I said rooms, not entire apartments or houses close to campus — go for $1,000 per month for TCU students. Hey, if it costs $75,000 per year to send your kid there, what’s another $1,000 per month, right?!
With three bedrooms and three bathrooms, this property absolutely has the ability to command $1,000 or more per room!
Another added bonus to this property is that TCU is only growing as a college. Demand for quality, near-campus living that is clean, safe, secure and stylish will remain high for years and years to come. Either continue leasing for high amounts or sell to the next wave of TCU parents looking for the right home for their children.
Well, that’s all from Tarrant County this week Dirty Readers. Thanks for reading and following and sharing! As always, if you have questions, comments or great ideas for a post … hit me up!
Seth Fowler is a licensed Real Estate Sales Professional for Williams Trew Real Estate in Fort Worth, TX. Statements and opinions are his and his alone. Seth has been involved with the home sales and real estate industry in the Fort Worth area since 2004. He and his family have lived in the area for over 17 years. Seth also loves bowties! You can reach Seth at: 817.980.6636 or firstname.lastname@example.org. If you are looking for a Real Estate Sherpa to help you buy or sell … give Seth a call!