$349,999

1106 Esplanade St Marshall, TX 75670

Estimated payment $1,931/month

Total Views 3,192
-- Bed
-- Bath
3,400 Sq Ft
$103 Price per Sq Ft

Highlights

  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Wood Siding
  • Window Unit Cooling System
  • Ceiling Fan

About This Home

Built in 1930, this 7-unit property was updated in 2021-2022, seamlessly blending its original charm with modern amenities. Located in a rapidly developing area, it boasts consistent occupancy and steady rental income. With the addition of a new roof in 2023, this property stands as a reliable investment with strong potential for future value appreciation.

Listing Agent

Michael Vasquez

Real Broker, LLC Brokerage Phone: 562-755-7049 License #0719713 Listed on: 11/07/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $802

Year Built

  • Built in 1930

Lot Details

  • 0.25 Acre Lot

Parking

  • On-Site Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Decorative Lighting

Kitchen

  • Eat-In Kitchen
  • Electric Range

Schools

  • Moore Elementary School
  • Marshall High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 1 / 14
  • Assessor Parcel Number R000006956

Community Details

Overview

  • 7 Units
  • 3,400 Sq Ft Building
  • Rainey Subdivision

Building Details

  • Gross Income $54,256
  • Net Operating Income $43,714

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$802

Year Built

Built in 1930

Lot Details

0

Listing Details

  • OWNERNAME: San Real Estate Reverse Investment LLC
  • Property Type: Residential Income
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Attribution Contact: 562-755-7049
  • CapRate: 12.49
  • Co List Office Mls Id: REAY01
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Interior Amenities: Decorative/Designer Lighting Fixtures, Eat-in Kitchen
  • Flooring: Other
  • Appliances: Electric Range

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction Materials: Frame, Wood Siding
  • Pool Features: None

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric, Window Unit(s)
  • Parking Features: On Site

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric
  • Utilities: Sewer Available, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Moore
  • High School: Marshall
  • Junior High Dist: Marshall ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.253
  • Parcel Number: R000006956
  • Lot Size Acres: 0.253
  • Lot Size Sq Ft: 11020.68

Building Info

  • Year Built: 1930
  • Units Total: 7

Multi Family

  • Insurance Expense: 1560.0
  • Annual Gross Income: 54256.0
  • Property Net Operating Income: 43714.0

Tax Info

  • TaxBlock: 14
  • Tax Lot: 1
  • Tax Annual Amount: 802.0

Map

Range of Values:

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Average Value
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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

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 $853 $45,060 $2,980 $42,080
2023 $802 $44,340 $2,980 $41,360
2022 $883 $43,540 $2,980 $40,560
2021 $821 $38,120 $2,980 $35,140
2020 $942 $43,730 $2,980 $40,750
2019 $972 $43,730 $2,980 $40,750
2018 $904 $40,690 $2,980 $37,710
2017 $904 $40,690 $2,980 $37,710
2016 $904 $40,690 $2,980 $37,710
2015 $718 $38,330 $2,980 $35,350
2014 $581 $38,330 $2,980 $35,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 For Sale $349,999 0.0% $103 / Sq Ft
03/05/2025 03/05/25 Off Market -- -- --
02/06/2025 02/06/25 Pending -- -- --
01/17/2025 01/17/25 For Sale $349,999 0.0% $103 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
11/07/2024 11/07/24 For Sale $349,999 0.0% $103 / Sq Ft
01/05/2021 01/05/21 Rented -- -- --
12/06/2020 12/06/20 Under Contract -- -- --
10/15/2020 10/15/20 For Rent $500 0.0% --
10/12/2018 10/12/18 Sold -- -- --
10/05/2018 10/05/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $55,000 -- $13 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Special Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20773309

North Texas Real Estate Information Systems (NTREIS)

APN: R000006956