NOT LISTED FOR SALE

12498 Gentry St Tyler, TX 75704

Estimated Value: $248,000 - $392,000

4 Beds
3 Baths
1,920 Sq Ft
$161/Sq Ft Est. Value

Last Sold June 12, 2023

Current estimated payment $1,916/month

About This Home

As of June 2023

Outstanding Multi-Family Investment Property with great Cash Flow. 100% Occupied. $23,880 Potential Gross Rent, $18,946 Potential N.O.I. and 6.37% Potential Cap Rate at lease renewal cycles beginning in 30 days. PREQUALIFICATION REQUIRED. AT LEAST 36 HOURS NOTICE REQUIRED TO TOUR PROPERTY. BY APPOINTMENT ONLY. DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Marc Ivy

BRIDGEWATER REALTY GROUP License #0515285 Listed on: 07/07/2022

Last Buyer's Agent

Lynlea Gaspar

The Agency - Tyler License #0748845

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,884

Year Built

  • Built in 1978

Lot Details

  • 0.28

Parking

  • Paved Parking

Home Design

  • 1,920 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Schools

  • Dixie Elementary School
  • Boulter Middle School
  • Tyler High School

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Fruitdale Subdivision

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,884

Year Built

Built in 1978

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 12498 Gentry Street
  • Second Address Number: 12498
  • ForecloseBankOwnedYN: No
  • LakeCommunity: No
  • PrimaryType: Duplex
  • PublicRemarksAmenities: Outstanding Multi-Family Investment Property with great Cash Flow. 100% Occupied. $23,880 Potential Gross Rent, $18,946 Potential N.O.I. and 6.37% Potential Cap Rate at lease renewal cycles beginning in 30 days. PREQUALIFICATION REQUIRED. AT LEAST 36 HOURS NOTICE REQUIRED TO TOUR PROPERTY. BY APPOINTMENT ONLY. DO NOT DISTURB TENANTS.
  • OFFICELIST_STATE: TX
  • Subdivision Name: FRUITDALE
  • Under Construction: No
  • YearOfConstruction: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1978

Interior Features

  • Fireplace: None
  • Source of Sq Ft: SCAD

Exterior Features

  • Exterior Construction: Brick Veneer
  • Foundation: Slab
  • Waterfront: No
  • Water View: No

Garage/Parking

  • PARKING24FAMILY: Paved Areas

Utilities

  • Cooling: Central Electric
  • Heating: Central Gas

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY
  • Taxes: 1884

Schools

  • Elementary School: Dixie
  • Middle School: Boulter
  • High School: Tyler High
  • Elementary School: Dixie
  • High School: Tyler High
  • Middle School: Boulter

Lot Info

  • Zoning: Two Family Dwelling

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Year: 2022

Multi Family

  • Owners Expenses: Taxes, Insurance, Maintenance Repairs, Lawn Care

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2022
Sold by
Sds Holdings Llc-Series 214 Gentry
Bought by
Dickey Franklin and Dickey Victoria
Current Estimated Value
$309,225

Purchase Details

Closed on
Aug 20, 2017
Sold by
Smith Daniel Patrick and Smith Shannon R
Bought by
Sds Holdings 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
Dickey Franklin -- --
Sds Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sds Holdings Llc-Series 214 Ge $458,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold -- -- --
05/25/2023 05/25/23 Pending -- -- --
04/13/2023 04/13/23 Price Changed $229,900 -14.8% $120 / Sq Ft
03/20/2023 03/20/23 Price Changed $269,900 -9.3% $141 / Sq Ft
10/20/2022 10/20/22 Price Changed $297,500 -14.4% $155 / Sq Ft
07/07/2022 07/07/22 For Sale $347,500 -- $181 / Sq Ft
Source: Greater Tyler Association of REALTORS®

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
2024 $3,228 $206,554 $19,000 $239,295
2023 $2,690 $172,128 $19,000 $153,128
2022 $1,750 $99,539 $19,000 $80,539
2021 $1,609 $84,278 $19,000 $65,278
2020 $1,644 $83,705 $19,000 $64,705
2019 $1,637 $80,763 $9,500 $71,263
2018 $1,642 $81,282 $9,500 $71,782
2017 $1,617 $81,282 $9,500 $71,782
2016 $1,569 $78,855 $9,500 $69,355
2015 $1,539 $80,183 $9,500 $70,683
2014 $1,539 $77,343 $9,500 $67,843
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Tyler Association of REALTORS®

MLS Number: 10152523

Greater Tyler Association of REALTORS®

APN: 1-80330-0000-02-012000