NOT LISTED FOR SALE

1014 Avenue M Ralls, TX 79357

10 Beds
5 Baths
3,648 Sq Ft
0.48 Acres

Last Sold February 02, 2023

14 Days on Market

Highlights

  • Ranch Style House
  • Zero Lot Line
  • Heating Available
  • Refrigerated and Evaporative Cooling System
  • Storm Doors

About This Home

As of February 2023

5 - Two bedroom, One bath units with paved parking for each resident in front of unit. Property includes vacant land currently used as a park for redidents. This is suitable for future development of additional units. Great value add property with good cap rate and cash flow.

Last Agent to Sell the Property

Nancy Garrett

Keller Williams Realty License #0466808 Listed on: 12/28/2022

Keller Williams Realty

Last Buyer's Agent

Rachel Smith

Keller Williams Realty License #0779879

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.48 Acre Lot
  • Zero Lot Line

Parking

  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 3,648 Sq Ft Home
  • Window Treatments
  • Storm Doors

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Refrigerated and Evaporative Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • Gross Income $27,000
  • Net Operating Income $22,160

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number R11861

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1960
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Zero Lot Line
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Above Grade Finished Sq Ft: 3648.0
  • Style: Ranch
  • ResoWindowFeatures: Window Coverings
  • Legal Description: ORIGINAL TOWN RALLS BLOCK 88 L
  • Location Tax and Legal Elementary School: Ralls
  • Location Tax and Legal High School: Ralls
  • Location Tax and Legal Parcel Number2: R11861
  • General Property Information Above Grade Finished Area: 3648.0
  • General Property Information Lot Size Acres: 0.482
  • General Property Information Lot Size Square Feet2: 20996.0
  • General Property Information Basement YN: No
  • General Property Information:Stories Total: 1
  • Location Tax and Legal:Tax Annual Amount: 2340.0
  • General Property Information Accessibility Features YN2: No
  • Cooling:Evaporative Cooling: Yes
  • Cooling WallWindow Unit(s): Yes
  • General Property Information:Pool Private YN: No
  • Roof:Metal2: Yes
  • Architectural Style Ranch: Yes
  • Location Tax and Legal Middle or Junior School: Ralls
  • Income And Expenses Cap Rate: 9.8
  • Lease Term Options 6 Months: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Electric Oven, Electric Range, Refrigerator, Washer
  • Basement: No
  • Door Features: Storm Door(s)
  • Appliances:Electric Range: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Roof: Metal
  • Acres: 0.48
  • Pool Private: No
  • Construction Type: Brick
  • Construction Materials:Brick: Yes
  • Window Features:Window Coverings: Yes
  • Door Features:Storm Door(s): Yes
  • Lot Features:Zero Lot Line: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Evaporative Cooling, Wall/Window Unit(s)
  • Heating: Other
  • Cooling Y N: Yes
  • HeatingYN: Yes

Schools

  • Ninth Grade High School: Ralls
  • Middle Or Junior School: Ralls

Lot Info

  • Lot Size Sq Ft: 20996.0
  • ResoLotSizeUnits: Acres
  • Parcel #: R11861
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 2340.0

MLS Schools

  • Elementary School: Ralls

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2023 02/02/23 Sold -- -- --
01/16/2023 01/16/23 Pending -- -- --
01/02/2023 01/02/23 For Sale $225,000 -- $62 / Sq Ft
Source: Lubbock Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nancy Garrett

    Seller's Agent in 2023

    Nancy Garrett

    Keller Williams Realty

    (806) 438-0181

    117 Total Sales

    Nancy Garrett
    Section Image
  • Rachel Smith

    Buyer's Agent in 2023

    Rachel Smith

    Keller Williams Realty

    (806) 392-6839

    205 Total Sales

    Rachel Smith
    Section Image
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Map

Source: Lubbock Association of REALTORS®

MLS Number: 202213981

Lubbock Association of REALTORS®
Texas Crosby County Ralls 79357

1014 Avenue M, Ralls, TX

This home is located at 1014 Avenue M, Ralls, TX 79357 since 28 December 2022. This property was built in 1960. 1014 Avenue M is a home located in Crosby County with nearby schools including Ralls Elementary School, Ralls Middle School, and Ralls High School.

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.

Lubbock Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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