Seller's Agent in 2024
Spencer McDuffy
(214) 218-9190
265 Total Sales
101 N Pecan St Leonard, TX 75452
7
Beds
5
Baths
1,544
Sq Ft
7,013
Sq Ft Lot Lot
About This Home
As of January 2024This property is a 5 Unit Apartment Complex in a great part of Leonard Texas. This property is an investor special! The projected after repair value per a formal appraisal conducted in May of 2022, is $420,000. This property is fire damaged and will need significant remodel work. Unit Mix: 3 Units are 1 bed-1bath units at 500sqft each with an average rental rate per comps of $744 per unit as of May 2022. 2 Units are 2 bed-1 bath at 600sqft each with an average rental rate per comps at $908 per unit as of May 2022. The total net rentable area of this complex is 2700sqft. This is a great equity and cashflow opportunity for the investor that wants to take on a large project. Schedule your viewing today!
All lots are currently zoned SF2, Single Family 2. If the structure gets torn down, all future structures will have to meet SF2 requirements. This property is not zoned multi-family. It was built before the city zoned the area SF2, so it was grandfathered in and allowed to stay.
Last Agent to Sell the Property
Brokerage Phone: 888-519-7431 License #0709706 Listed on: 05/30/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1982
Lot Details
- 7,013
Home Design
- Pillar, Post or Pier Foundation
- Siding
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Full Bathrooms
Parking
- 4 Parking Spaces
- Open Parking
Schools
- Leonard Elementary School
- Leonard Middle School
- Leonard High School
Additional Features
- 1-Story Property
- 7,013 Sq Ft Lot
- No Cooling
Community Details
- 5 Units
- 2,700 Sq Ft Building
- Rockwell Add 02 Subdivision
Listing and Financial Details
- Legal Lot and Block 6 / 7
- Assessor Parcel Number 000000090367
- $2,963 per year unexempt tax
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/12/2024 01/12/24 | Sold | -- | -- | -- |
| 12/10/2023 12/10/23 | Pending | -- | -- | -- |
| 12/04/2023 12/04/23 | Price Changed | $95,000 | -24.0% | $62 / Sq Ft |
| 11/30/2023 11/30/23 | For Sale | $125,000 | 0.0% | $81 / Sq Ft |
| 10/08/2023 10/08/23 | Pending | -- | -- | -- |
| 10/04/2023 10/04/23 | For Sale | $125,000 | 0.0% | $81 / Sq Ft |
| 09/21/2023 09/21/23 | Pending | -- | -- | -- |
| 08/02/2023 08/02/23 | Price Changed | $125,000 | -26.0% | $81 / Sq Ft |
| 06/21/2023 06/21/23 | Price Changed | $169,000 | -26.5% | $109 / Sq Ft |
| 05/30/2023 05/30/23 | For Sale | $230,000 | -- | $149 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,406 | $158,010 | $99,580 | $58,430 |
| 2024 | $2,024 | $93,900 | $79,450 | $14,450 |
| 2023 | $893 | $42,630 | $42,630 | $0 |
| 2022 | $2,963 | $157,820 | $23,520 | $134,300 |
| 2021 | $3,124 | $139,730 | $7,070 | $132,660 |
| 2020 | $3,220 | $138,660 | $6,370 | $132,290 |
| 2019 | $3,255 | $131,320 | $5,250 | $126,070 |
| 2018 | $2,856 | $109,370 | $5,180 | $104,190 |
| 2017 | $2,802 | $107,530 | $5,180 | $102,350 |
| 2016 | $2,802 | $107,530 | $4,340 | $103,190 |
| 2015 | -- | $110,360 | $4,200 | $106,160 |
| 2014 | -- | $97,810 | $4,200 | $93,610 |
Source: Public Records
Agents Affiliated with this Home
-
Spencer McDuffy
-
Makayla Riley
M
Buyer's Agent in 2024
Makayla Riley
Real Broker, LLC
(940) 350-5550
66 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20341616
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved
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