NOT LISTED FOR SALE

1091 Grindstone Rd Brock, TX 76087

-- Bed
-- Bath
1,440 Sq Ft
2.73 Acre Lot

Sale Details

Date Sold: January 30, 2025

Highlights

  • Open Floorplan
  • Granite Countertops
  • Central Heating and Cooling System
  • Brock Intermediate School Rated A-
  • 1-Story Property

About This Home

As of January 2025

Great investment property on 2.727 acres with room to add additional units in the back of the property in sought after Brock ISD. 100% occupied, selling the property for a 1031 Exchange.

Last Agent to Sell the Property

Boniface Ndungu

Serene Heights LLC. Brokerage Phone: 972-832-5670 License #0702635 Listed on: 01/01/2025

Last Buyer's Agent

Megan Johnsrud

Brazos River Land Company License #0728917

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Property Details

Home Type

  • Apartment

Year Built

  • Built in 2018

Lot Details

  • 2.73 Acre Lot

Parking

  • 14 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Open Floorplan

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Schools

  • Brock Elementary And Middle School
  • Brock High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Aerobic Septic System

Community Details

  • 6 Units
  • 8,720 Sq Ft Building
  • Grindstone Ranch Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / 1
  • Assessor Parcel Number R000104431
  • $21,780 per year unexempt tax

Property Details

Home Type

Apartment

Year Built

Built in 2018

Lot Details

2.73 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 89069
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 142.88991
  • Attribution Contact: 972-832-5670
  • Special Features: None
  • Year Built: 2018

Interior Features

  • Interior Amenities: Granite Counters, Open Floorplan
  • Flooring: Other
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 14
  • Parking Features: Concrete

Utilities

  • Heating: Central, Electric
  • Utilities: Aerobic Septic, Well

Condo/Co-op/Association

  • Complex Name: Grindstone Ranch
  • Association Type: None

Schools

  • School District: Brock ISD
  • Elementary School: Brock

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 2.7270
  • Parcel Number: R000104431
  • Lot Size Acres: 2.7270
  • Lot Size Sq Ft: 118788.1200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2018
  • Units Total: 6

Multi Family

  • Gross Annual Expenses: 27856.00
  • Gross Annual Income: 116925.00
  • Insurance Expense: 8443
  • Unit Count: 3

Tax Info

  • Unexempt Taxes: 21780
  • TaxBlock: 1
  • Tax Lot: 9

MLS Schools

  • Middle School Name: Brock
  • Elementary School Name: Brock
  • High School Name: Brock

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

Listed on
Jan 1, 2025
Closed on
Jan 30, 2025
Sold by
Bought by
Seller's Agent
Boniface Ndungu
Serene Heights LLC.
Buyer's Agent
Megan Johnsrud
Brazos River Land Company
List Price
$1,374,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$295,380
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2020
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
$808,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
-- Texas Title
-- 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 $300,000
Previous Owner $808,000
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
01/30/2025 01/30/25 Sold -- -- --
01/01/2025 01/01/25 Pending -- -- --
01/01/2025 01/01/25 For Sale $1,374,990 -- $955 / 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 $21,865 $1,185,920 $136,350 $1,049,570
2024 $21,865 $1,181,840 $136,350 $1,045,490
2023 $21,865 $1,181,840 $136,350 $1,045,490
2022 $21,416 $1,054,870 $136,350 $918,520
2021 $22,934 $1,074,200 $136,350 $937,850
2020 $16,430 $759,060 $81,810 $677,250
2019 $13,911 $596,880 $81,810 $515,070
2018 $1,048 $44,750 $30,550 $14,200
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2025

    Boniface Ndungu

    Serene Heights LLC.

    (214) 592-5456

    16 Total Sales

    Boniface Ndungu
    Section Image

  • M

    Buyer's Agent in 2025

    Megan Johnsrud

    Brazos River Land Company

    (940) 859-9380

    75 Total Sales

    Megan Johnsrud
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20805657

North Texas Real Estate Information Systems (NTREIS)

APN: 21508-004-000-00

Texas Parker County Brock 76066

1091 Grindstone Rd, Brock, TX

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