NOT LISTED FOR SALE

1093 Grindstone Rd Brock, TX 76087

49 Beds
20 Baths
-- Sq Ft
4 Acres

Last Sold September 11, 2023

Highlights

  • New Construction
  • Open Floorplan
  • Private Yard
  • Brock Intermediate School Rated A-
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of September 2023

OUTSTANDING INVESTMENT PROPERTY OPPORTUNITY. Cash flow with historically high occupancy. Property consists of two buildings with five rental units in each building. Located in sought after Brock School District. Easy access to IH 20 to shopping, entertainment, restaurants, hospital. High speed internet and cable TV available to each unit. Lawn maintenance and water included in rent. Buildings have selection of either 4 BR, 3 BR, or 2BR floor plans. These are newer buildings completed in 2019 & 2020 so maintenance is minimal. Asphalt drive with cul-de-sac.

Last Agent to Sell the Property

James Zacharias

Horizon Management Svc., Inc. Brokerage Phone: 817-599-3131 License #0283394 Listed on: 08/01/2023

Last Buyer's Agent

Kelly Methvin

RAILHEAD REALTY, LLC License #0681012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 4 Acre Lot
  • Cul-De-Sac
  • Wood Fence
  • Landscaped
  • Sprinkler System
  • Private Yard
  • Back Yard

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Laminate Flooring

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 49 Bedrooms
  • Walk-In Closet
  • 20 Full Bathrooms

Parking

  • 20 Parking Spaces
  • No Garage
  • Side by Side Parking
  • Driveway
  • Outside Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Brock Elementary And Middle School
  • Brock High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Property is located within a water district
  • Co-Op Water
  • Master Water Meter
  • Aerobic Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7 & 8
  • Assessor Parcel Number R000105754

Community Details

Overview

  • 2 Buildings
  • 10 Units
  • 16,204 Sq Ft Building
  • Grindstone Ranch Estates Subdivision

Amenities

  • Community Mailbox

Property Details

Home Type

Multi-Family

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Single Units
  • Unit Levels: One
  • Year Built Details: New Construction - Complete
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Net Operation Income: 142329
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 123.42631
  • Attribution Contact: 817-599-3131
  • Special Features: None
  • Year Built: 2019

Interior Features

  • Interior Amenities: Cable TV Available, Granite Counters, High Speed Internet Available, Open Floorplan, Walk-In Closet(s)
  • Flooring: Laminate
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

Beds/Baths

  • Full Bathrooms: 20
  • Total Bedrooms: 49

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Back Yard, Wood
  • Roof: Composition
  • Construction Materials: Brick, Frame
  • Exterior Features: Private Yard
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 20
  • Parking Features: Concrete, Driveway, No Garage, On Site, Outside, Side By Side
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: Aerobic Septic, Asphalt, Cable Available, Co-op Water, Community Mailbox, Electricity Connected, Master Water Meter, Rural Water District, Underground Utilities

Condo/Co-op/Association

  • Complex Name: Versailles
  • Association Type: None

Schools

  • School District: Brock ISD
  • Elementary School: Brock
  • Middle School: Brock
  • High School: Brock
  • School District: Brock ISD
  • Elementary School: Brock

Lot Info

  • Lot Features: Cul-De-Sac, Landscaped, Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 4.0040
  • Parcel Number: R000105754
  • Lot Size Acres: 4.0040
  • Lot Size Sq Ft: 174414.2400
  • Assessor Parcel Number 2: R000105755

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2019
  • Units Total: 10
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 97863.00
  • Gross Annual Income: 20850.00
  • Insurance Expense: 6000
  • Unit Count: 3

Tax Info

  • Tax Lot: 7 & 8

MLS Schools

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

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
09/11/2023 09/11/23 Sold -- -- --
08/02/2023 08/02/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $2,200,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    James Zacharias

    Horizon Management Svc., Inc.

    (817) 304-2199

    7 Total Sales

    James Zacharias
    Section Image

  • K

    Buyer's Agent in 2023

    Kelly Methvin

    RAILHEAD REALTY, LLC

    (817) 948-5537

    18 Total Sales

    Kelly Methvin
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20394435

North Texas Real Estate Information Systems (NTREIS)
Texas Parker County Brock 76066

1093 Grindstone Rd, Brock, TX

This home is located at 1093 Grindstone Rd, Brock, TX 76087 since 01 August 2023. This property was built in 2019. 1093 Grindstone Rd is a home located in Parker County with nearby schools including Brock Intermediate School, Brock Junior High School, and Brock 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.

North Texas Real Estate Information Systems (NTREIS) 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 2025. All rights reserved

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