NOT LISTED FOR SALE

101 N Pecan St Leonard, TX 75452

7 Beds
5 Baths
1,544 Sq Ft
7,013 Sq Ft Lot

Sale Details

Date Sold: January 12, 2024

194 Days on Market

About This Home

As of January 2024

This 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

Spencer McDuffy

MKT Realty Co Brokerage Phone: 888-519-7431 License #0709706 Listed on: 05/30/2023

Last Buyer's Agent

Makayla Riley

Real Broker, LLC License #0805766

Real Broker, LLC

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

7,013 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Single Units
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 22.22222
  • Attribution Contact: 888-519-7431
  • Special Features: None
  • Year Built: 1982

Interior Features

  • Interior Amenities: Other
  • Flooring: Other
  • Appliances: Other

Beds/Baths

  • Full Bathrooms: 5
  • Total Bedrooms: 7

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Roof: Other
  • Construction Materials: Siding

Garage/Parking

  • Cooling System: None
  • Number Of Parking Spaces: 4
  • Parking Features: Open
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Heating: None
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Complex Name: Pecan Street Apts
  • Association Type: None

Schools

  • School District: Leonard ISD
  • Elementary School: Leonard
  • Intermediate School: Leonard

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.1610
  • Parcel Number: 000000090367
  • Lot Size Acres: 0.1610
  • Lot Size Sq Ft: 7013.1600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1982
  • Units Total: 5

Tax Info

  • Unexempt Taxes: 2963
  • TaxBlock: 7
  • Tax Lot: 6

MLS Schools

  • Elementary School Name: Leonard
  • High School Name: Leonard

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,400
Interest Rate
0.0663%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2023
Closed on
Jan 12, 2024
Sold by
Bought by
Seller's Agent
Spencer McDuffy
MKT Realty Co
Buyer's Agent
Makayla Riley
Real Broker, LLC
List Price
$125,000
Views
208

Purchase Details

Closed on
Jul 9, 2019
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $337,500
Closed $302,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20341616

North Texas Real Estate Information Systems (NTREIS)
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