$388,000
SOLD SEP 13, 2024
Last list price

103 Oakwood Ln Kennedale, TX 76060

4 Beds
4 Baths
1,966 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$197 Per Sq Ft

147 Days on Market

Highlights

  • Oak Trees
  • Family Room with Fireplace
  • Covered Patio or Porch
  • Open Floorplan
  • Corner Lot
  • Walk-In Closet

About This Home

As of September 2024

Welcome to this income-generating duplex, BOTH sides are for sale! Newly upgraded with a NEW ROOF, fresh flooring, paint, and screens, this property offers modern comfort and convenience. Both units are 2 bedrooms and 2 full bathrooms with large walk in closets. BOTH units boast a brand NEW HVAC and NEW water heaters. The updated kitchens feature NEW sinks, dishwashers, ranges, garbage disposals, countertops and flooring. Nestled in Kennedale, with easy access to I-20 and HW 287, plus the city library and parks are a 4-minute drive away. Unit 103 presents an excellent opportunity for IMMEDIATE OCCUPANCY or rental income, with applications on file for the next tenant the transition to rental income is seamless and hassle-free. Don't miss out on this chance to invest in a thriving community and secure your financial future. Schedule a showing, experience endless potential of this income-producing duplex in Kennedale. Buyer and Buyer's agent to verify all information.

Last Agent to Sell the Property

Melanie MacDonald

Winters Legacy Realty Brokerage Phone: 8178186861 License #0736581 Listed on: 03/27/2024

Last Buyer's Agent

Mimi Howell

Great Western Realty License #0677853

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,466

Year Built

  • Built in 1983

Lot Details

  • 9,148 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced
  • Chain Link Fence
  • Landscaped
  • Corner Lot
  • Oak Trees
  • Few Trees
  • Back Yard
  • Subdivision Possible

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 1,966 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Brick Fireplace
  • Window Treatments
  • Family Room with Fireplace
  • 2 Fireplaces
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

  • Delaney Elementary School
  • Kennedale Middle School
  • Kennedale High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 51A / 1
  • Assessor Parcel Number 05154936
  • $4,380 per year unexempt tax

Community Details

Overview

  • 1,966 Sq Ft Building
  • Woodlands Add Subdivision

Amenities

  • Community Mailbox

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,466

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Security: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Net Operation Income: 24288
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: Yes
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Horse Permitted Y N: No
  • Lake Pump Y N: No
  • Ratio Current Price By Building: 185.65615
  • Attribution Contact: 8178186861
  • Special Features: None
  • Year Built: 1983

Interior Features

  • Square Footage: 1966.00
  • Windows: Window Coverings
  • Fireplace Features: Brick, Family Room
  • Interior Amenities: Cable TV Available, High Speed Internet Available, Open Floorplan, Walk-In Closet(s)
  • Flooring: Luxury Vinyl Plank, Vinyl
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range
  • Basement YN: No
  • Fireplaces: 2

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Curbs
  • Fencing: Back Yard, Chain Link, Full, Gate
  • Roof: Composition
  • Construction Materials: Brick, Siding
  • Exterior Features: Covered Patio/Porch
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Number Of Parking Spaces: 4
  • Parking Features: Concrete, Driveway
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Heating: Central, Electric, Fireplace(s)
  • Utilities: Asphalt, Cable Available, City Sewer, City Water, Community Mailbox, Concrete, Curbs, Electricity Connected, Phone Available

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Kennedale ISD
  • Elementary School: Delaney
  • High School: Kennedale
  • School District: Kennedale ISD
  • Elementary School: Delaney
  • Junior High School: Kennedale

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Corner Lot, Few Trees, Landscaped, Oak
  • Lot Size Units: Acres
  • Lot Size Area: 0.2100
  • Parcel Number: 05154936
  • Lot Size Acres: 0.2100
  • Lot Size Sq Ft: 9147.6000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1983
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 11712.00
  • Gross Annual Income: 36000.00
  • Insurance Expense: 1753
  • Tenancy: Over 9 Months
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 4380
  • TaxBlock: 1
  • Tax Lot: 51A

MLS Schools

  • Elementary School Name: Delaney
  • High School Name: Kennedale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Sep 13, 2024
Sold by
Cozad-Lauser Family 2013 Trust and Lauser David J
Bought by
Cooke Anika
Seller's Agent
Melanie MacDonald
Winters Legacy Realty
Buyer's Agent
Mimi Howell
Great Western Realty
List Price
$388,000
Views
142
Current Estimated Value
$360,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.06%
Original Mortgage
$358,388
Outstanding Balance
$356,183
Interest Rate
6.73%
Mortgage Type
FHA
Estimated Equity
-$4,996

Purchase Details

Closed on
May 18, 2006
Sold by
Stanford Steven R and Stanford David L
Bought by
Lauser David and Cozad Lauser Liza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Fidelity National Title
Vendors Lien -- Republic Title Of Texas
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $358,388 FHA
Previous Owner $90,553 New Conventional
Previous Owner $92,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2024 09/13/24 Sold -- -- --
08/22/2024 08/22/24 Pending -- -- --
08/14/2024 08/14/24 Price Changed $388,000 0.0% $197 / Sq Ft
08/14/2024 08/14/24 For Sale $388,000 -1.8% $197 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $395,000 0.0% $201 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $395,000 0.0% $201 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $395,000 0.0% $201 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $395,000 -- $201 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

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
2024 $3,466 $149,158 $15,000 $134,158
2023 $4,380 $186,780 $15,000 $171,780
2022 $3,440 $136,972 $15,000 $121,972
2021 $2,153 $79,766 $5,000 $74,766
2020 $2,149 $80,374 $5,000 $75,374
2019 $2,383 $85,982 $10,000 $75,982
2018 $2,023 $72,985 $10,000 $62,985
2017 $1,985 $68,915 $10,000 $58,915
2016 $1,468 $50,950 $10,000 $40,950
2015 $1,623 $55,900 $10,000 $45,900
2014 $1,623 $55,900 $10,000 $45,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20571807

North Texas Real Estate Information Systems (NTREIS)

APN: 05154936