NOT LISTED FOR SALE

1101 Gregory St Taft, TX 78390

-- Bed
-- Bath
29,477 Sq Ft
2.13 Acres

Last Sold February 10, 2020

92 Days on Market

Highlights

  • 92,818 Sq Ft lot
  • Air Filtration System
  • Vinyl Flooring
  • Interior Lot

About This Home

As of February 2020

Fantastic location right in front of the Taft Middle school. Centrally located off the main hwy in a quiet area. Carports convey, washer and dryer connections on site, along with so much more. Includes water and trash. The NOI is subject to increase with the new rate. NOI is projected at full capacity. Total 35 units with 919 Fetick Ave, Taft, TX included. Bulk sale. Proforma cap rate: 14.00%. Seller is a licensed real estate broker in the State of Texas.

Last Agent to Sell the Property

Michael Vargas

Soldbymv Real Estate License #0622199 Listed on: 10/10/2019

Last Buyer's Agent

Chris Montalvo

Mirabal Montalvo & Associates License #0528565

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,017

Year Built

  • Built in 1975

Lot Details

  • 2.13

Parking

  • Carport

Home Design

  • Slab Foundation
  • Shingle Roof
  • Tar and Gravel Roof

Interior Spaces

  • 29,477 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Electric Oven or Range
  • Washer and Dryer Hookup

Schools

  • Taft Elementary And Middle School
  • Taft High School

Utilities

  • Air Filtration System
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 2 / 1

Community Details

Overview

  • 9 Buildings
  • 35 Units
  • Gibbs Subdivision

Building Details

  • Gross Income $272,069

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,017

Year Built

Built in 1975

Lot Details

2.13 Acres

Listing Details

  • Property Sub Type Additional: Apartment,Quadruplex
  • Property Sub Type: Apartment
  • Prop. Type: Residential
  • Subdivision Name: Gibbs
  • Carport Y N: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1975
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Number Of Buildings: 9
  • Appliances: Electric Oven, Electric Range
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Air Filtration
  • Living Area: 29477.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Interior Lot
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Brick Veneer
  • Foundation Details: Slab
  • Roof: Shingle, Tar/Gravel

Garage/Parking

  • Parking Features: Carport

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Schools

  • Elementary School: Taft
  • Junior High Dist: Taft ISD
  • High School: Taft
  • Middle Or Junior School: Taft

Lot Info

  • Lot Size Sq Ft: 92818.0
  • Additional Parcels: No

Multi Family

  • Number Of Units In Community: 35
  • Annual Gross Income: 272069.0

Tax Info

  • Tax Annual Amount: 6017.0
  • Tax Block: 1
  • Tax Lot: 2
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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 List to Sale Price per Sq Ft
02/10/2020 02/10/20 Sold -- -- --
01/11/2020 01/11/20 Pending -- -- --
10/10/2019 10/10/19 For Sale $1,400,000 -- $47 / Sq Ft
Source: South Texas MLS

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
2025 $20,674 $907,536 $16,258 $891,278
2023 $20,674 $855,175 $29,568 $825,607
2022 $10,844 $451,307 $29,568 $421,739
2021 $15,869 $631,063 $25,344 $605,719
2019 $5,817 $194,500 $9,600 $184,900
2017 $8,892 $305,211 $9,600 $295,611
2016 $11,642 $399,626 $9,600 $390,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Texas MLS

MLS Number: 350813

South Texas MLS

APN: 2139-0135-0000-012

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