NOT LISTED FOR SALE

1103 Rice St Grand Prairie, TX 75050

Estimated Value: $258,551 - $304,000

4 Beds
2 Baths
1,536 Sq Ft
$185/Sq Ft Est. Value

Last Sold October 26, 2020

Current estimated payment $2,011/month

2 Days on Market

Highlights

  • Ceramic Tile Flooring
  • 1-Story Property
  • Wood Fence

About This Home

As of October 2020

Cash flowing, fully occupied duplex for sale! Both units are recently renovated and rented for $1000 each through Sept 2021. Investors - start cash flowing on day 1! Roof is less than 5 years old, plumbing replaced with PVC in the past 3 years, foundation has been repaired with lifetime warranty. Tenants enjoy two huge yards and quiet neighborhood. These units rented quickly and easily for $1000.
MULTIPLE OFFERS - HIGHEST AND BEST OFFER DEADLINE WED SEPT 9, 5PM.

Last Agent to Sell the Property

Angela Hague

The Michael Group Real Estate License #0698538 Listed on: 09/08/2020

The Michael Group Real Estate

Last Buyer's Agent

Seam Ngo

eXp Realty, LLC License #0720383

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,523

Year Built

  • Built in 1946

Lot Details

  • 0.28 Acre Lot
  • Wood Fence

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Fire and Smoke Detector
  • Plumbed For Gas In Kitchen

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Open Parking

Schools

  • Lee Elementary School
  • Fannin Middle School
  • Grand Prairie High School

Utilities

  • Window Unit Cooling System

Community Details

  • 1,536 Sq Ft Building
  • Magnolia Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / B
  • Assessor Parcel Number 28125500020060000
  • $2,796 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,523

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 143.22917
  • Special Features: None
  • Year Built: 1946

Interior Features

  • Square Footage: 1536.00
  • Windows: Window Coverings
  • Flooring: Ceramic Tile, Laminate
  • Appliances: Plumbed For Gas in Kitchen

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Cooling System: Window Unit(s)
  • Number Of Parking Spaces: 4
  • Parking Features: Open
  • GarageYN: No

Utilities

  • Heating: None
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Grand Prairie ISD
  • Elementary School: Lee
  • Middle School: Fannin
  • High School: Grand Prairie
  • School District: Grand Prairie ISD
  • Elementary School: Lee
  • High School: Grand Prairie

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.2750
  • Parcel Number: 28125500020060000
  • Lot Size Acres: 0.2750
  • Lot Size Sq Ft: 11979.0000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1946
  • Units Total: 2

Tax Info

  • Unexempt Taxes: 2796
  • TaxBlock: B
  • Tax Lot: 6

Multi Family

  • Unit Count: 2

MLS Schools

  • MiddleOrJuniorSchool: Fannin
  • Middle School Name: Fannin
  • Elementary School Name: Lee
  • High School Name: Grand Prairie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Oct 26, 2020
Sold by
Zaatreh Khaled and Zaatreh Rania
Bought by
Sum Phillip
Seller's Agent
Angela Hague
The Michael Group Real Estate
Buyer's Agent
Seam Ngo
eXp Realty, LLC
List Price
$210,000
Current Estimated Value
$284,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%
Original Mortgage
$157,500
Outstanding Balance
$140,791
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$134,843

Purchase Details

Closed on
Feb 21, 2017
Sold by
Ska Properties Llc
Bought by
Diyar Real Estate Llc

Purchase Details

Closed on
Feb 17, 2017
Sold by
Costillo Helen Tijerina
Bought by
Ska Properties Llc

Purchase Details

Closed on
Oct 23, 2000
Sold by
Castillo Helen Tijerina
Bought by
Castillo Helen Tijerina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,750
Interest Rate
7.72%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Sum Phillip -- Rtt
Diyar Real Estate Llc -- Alamo Title Co
Ska Properties Llc -- Alamo Title Co
Castillo Helen Tijerina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sum Phillip $157,500
Previous Owner Castillo Helen Tijerina $35,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold -- -- --
09/10/2020 09/10/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $210,000 -- $137 / 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
2025 $5,523 $279,240 $67,500 $211,740
2024 $5,523 $245,400 $67,500 $177,900
2023 $5,523 $275,000 $60,000 $215,000
2022 $5,288 $207,630 $0 $0
2021 $5,818 $218,900 $37,500 $181,400
2020 $3,397 $120,470 $37,500 $82,970
2019 $2,862 $97,950 $30,000 $67,950
2018 $2,226 $76,180 $22,500 $53,680
2017 $1,380 $76,180 $22,500 $53,680
2016 $1,978 $67,740 $18,000 $49,740
2015 $1,323 $60,050 $15,000 $45,050
2014 $1,323 $59,110 $15,000 $44,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14429831

North Texas Real Estate Information Systems (NTREIS)

APN: 28125500020060000