NOT LISTED FOR SALE

Estimated Value: $288,000 - $475,000

3 Beds
2 Baths
1,324 Sq Ft
$256/Sq Ft Est. Value

Last Sold May 31, 2024

Current estimated payment $2,466/month

15 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • High Speed Internet
  • 1-Story Property

About This Home

As of May 2024

Investment opportunity near ACU! This property features 2 units with identical floor plans, each offering 3 bedrooms, 2 bathrooms, small backyard, and ample front parking. Both units are well-maintained and currently leased: 1145 until Sep 30, 2024, and 1141 until May 31, 2024, generating $1425 month each. Additionally, a buildable lot is included. Ideal for investors or living in one unit and renting out the other. Don't miss out on this versatile investment in a prime location!

Last Agent to Sell the Property

Darby Grimes

Sendero Properties, LLC Brokerage Phone: 325-267-3100 License #0554984 Listed on: 04/09/2024

Last Buyer's Agent

Ira Sanford

Moore Property Group LLC License #0490757

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,918

Year Built

  • Built in 2009

Lot Details

  • 0.29

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway

Schools

  • Taylor Elementary School
  • Craig Middle School
  • Abilene High School

Utilities

  • Central Heating and Cooling System
  • Municipal Utilities District
  • High Speed Internet

Additional Features

  • 1-Story Property
  • 0.29 Acre Lot

Community Details

  • 2 Buildings
  • 2 Units
  • 2,648 Sq Ft Building
  • University Hills Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / C
  • Assessor Parcel Number 29352
  • $7,262 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,918

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Single Units
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: Yes
  • Net Operation Income: 1
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 132.17523
  • Attribution Contact: 325-267-3100
  • Special Features: None
  • Year Built: 2009

Interior Features

  • Interior Amenities: High Speed Internet Available
  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Electric Range, Microwave

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

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

Garage/Parking

  • Cooling System: Central Air
  • Number Of Parking Spaces: 6
  • Parking Features: Driveway

Utilities

  • Heating: Central
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Abilene ISD
  • Elementary School: Taylor
  • Middle School: Craig
  • High School: Abilene
  • School District: Abilene ISD
  • Elementary School: Taylor

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.2860
  • Parcel Number: 29352
  • Lot Size Acres: 0.2860
  • Lot Size Sq Ft: 12458.1600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2009
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 1.00
  • Gross Annual Income: 34200.00
  • Insurance Expense: 2400
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 7262
  • TaxBlock: C
  • Tax Lot: 1

MLS Schools

  • Middle School Name: Craig
  • Elementary School Name: Taylor
  • High School Name: Abilene

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
May 30, 2024
Sold by
Jeff Davis Investments Llc
Bought by
Jones Jay D and Jones Nicole A
Seller's Agent
Darby Grimes
Sendero Properties, LLC
Buyer's Agent
Ira Sanford
Moore Property Group LLC
List Price
$399,000
Views
20
Current Estimated Value
$338,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.95%
Original Mortgage
$350,000
Outstanding Balance
$343,183
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$35,625

Purchase Details

Closed on
Jul 11, 2008
Sold by
Kwck Investing Llc
Bought by
Blake Roger Lindsey

Purchase Details

Closed on
Feb 14, 2006
Sold by
Wolfe Construction Company
Bought by
Kwck Investing Llc
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Jones Jay D -- None Listed On Document
Blake Roger Lindsey -- None Available
Kwck Investing Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Jay D $350,000
Previous Owner Blake Roger L $72,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold -- -- --
04/25/2024 04/25/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $399,000 -- $301 / 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 $7,918 $348,366 $46,047 $302,319
2023 $7,918 $315,030 $28,624 $286,406
2022 $7,318 $288,252 $28,624 $259,628
2021 $7,173 $265,918 $28,624 $237,294
2020 $6,935 $252,806 $28,624 $224,182
2019 $6,395 $244,972 $28,624 $216,348
2018 $6,241 $242,226 $28,624 $213,602
2017 $5,890 $236,984 $28,624 $208,360
2016 $5,656 $227,566 $28,624 $198,942
2015 $5,483 $226,684 $28,624 $198,060
2014 $5,483 $226,226 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20582789

North Texas Real Estate Information Systems (NTREIS)

APN: 29352