I can't answer why TCU has not decided to remove it. But it has some historic value, having been built in 1936 and is one of the few remaining Charles Moss Davis homes left in the city.
More info on those homes can be found here: https://hometownbyhandlebar.com/?paged=317
There are remarkably few "holdout" properties near the campus these days.
West of University,
-The home that was located at the northeast corner of Wabash and Berry, in front of the new admin building (The Harrison) was purchased by the school and demolished recently.
-The single home left in...
Hey that's me (Now.Town)! Appreciate the photo credit and thank you for sharing.
Just popped over to share some photos of the on-campus construction in this thread: https://forum.killerfrogs.com/index.php?threads/tcu-construction-updates.178858/page-89#post-3346982