NOT LISTED FOR SALE

1302 Melanie Trail Midlothian, TX 76065

Estimated Value: $525,000 - $2,334,066

6 Beds
3 Baths
2,202 Sq Ft
$649/Sq Ft Est. Value

Last Sold October 12, 2018

Current estimated payment $8,208/month

27 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Interior Lot
  • Irvin Elementary School Rated A-
  • Cul-De-Sac
  • 2-minute walk to Ridgeview Park

About This Home

As of October 2018

Six contiguous Duplexes for sale in Midlothian, TX. 26 miles to DT Dallas and Ft Worth. Gross rent is $13,925 monthly w/ minimum expenses. 92 Gross Rent Multiplier offers investors great opportunity. All duplexes are 3-BR, 2-Bath, 1-Gar AND single story. Each duplex has 2200 sq ft with separately fenced yards. Excellent local management co in place & has maintained it very well. $1160 Av Lease per side & going up. Private location, but near everything. Leases quickly. All tiled floors but BR'sFEMA - Unknown Restrictions: Yes

Last Agent to Sell the Property

Mark Minchew

RMX PROPERTIES License #0235046 Listed on: 08/17/2018

RMX PROPERTIES

Last Buyer's Agent

Non Member

Non Member License #785011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,369

Year Built

  • Built in 2004

Lot Details

  • 7,449 Sq Ft Lot
  • Cul-De-Sac
  • Privacy Fence
  • Wood Fence
  • Interior Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Masonry Siding
  • HardiePlank Type

Interior Spaces

  • Walk-In Closet
  • 2,202 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Family Room
  • Living Room
  • Laundry in multiple locations

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Parking

  • Garage
  • Garage Door Opener

Utilities

  • Central Air
  • No Heating
  • Separate Meters
  • Separate Water Meter

Additional Features

  • No Interior Steps
  • Rain Gutters

Community Details

  • No Home Owners Association
  • 2 Units
  • Speigel Association
  • Sierra Addition, Phz II Rev Subdivision
  • The community has rules related to covenants, conditions, and restrictions, deed restrictions

Listing and Financial Details

  • Assessor Parcel Number 4783957653
  • 3% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,369

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 2202.00
  • Restrictions: City Restrictions, Covenant, Deed Restrictions
  • Unit Mix: 3/2
  • Year Built: 2004
  • Directions: From Highways 67 or 287 go to center of Midlothian, from Main St go South on S 9th St to West on Walter Stephenson Rd and after 90 degree Left curve turn left on Jenni to dead end at Melanie. All six units facing Melanie are for sale.
  • Disclosures: Owner/Agent, Rental Records Available
  • Estimated Taxes: 5369.00
  • ETJ Extra Territorial Jurdn: No
  • Fencing: Fenced, Privacy, Wood
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 2202.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: No Interior Steps, Walk-In Closet(s)
  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Carpet, Tile
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Free-Standing Range, Refrigerator
  • Property Condition: Resale, See Remarks
  • Security Features: None
  • Spa Features: None
  • Window Features: Window Treatments

Exterior Features

  • Exterior Features: Gutters Partial
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • View: No
  • Waterfront Features: None

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: None
  • Meter Description: Electric Separate, Water Separate
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Association/Amenities

  • Management Company: SPEIGEL
  • Association: No
  • Community Features: None

Schools

  • Middle Other: MIDLOTHIAN
  • Elementary School: MIDLOTHIAN
  • High School: MIDLOTHIAN

Lot Info

  • Lot Features: Cul-De-Sac, Curbs, Interior Lot, Level, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate
  • Parcel Number: 4783957653
  • Lot Size Acres: 0.1710
  • Lot Size Sq Ft: 7449.00
  • Subdivision Name: SIERRA ADDITION, PHZ II-REV

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 2390.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Brick Veneer, Masonry – Partial, HardiPlank Type

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Rate: 2.64147000000000
  • Tax Year: 2018
  • Tax Annual Amount: 5369.00
  • Tax Exemptions: None

Range of Values:

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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
10/12/2018 10/12/18 Sold -- -- --
09/13/2018 09/13/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $1,500,000 0.0% $681 / Sq Ft
03/03/2014 03/03/14 Rented $1,020 0.0% --
03/03/2014 03/03/14 For Rent $1,020 -- --
Source: Unlock MLS (Austin Board 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
2025 $7,466 $386,252 $80,000 $306,252
2024 $7,466 $370,000 $80,000 $290,000
2023 $7,466 $367,569 $70,000 $297,569
2022 $7,139 $318,659 $50,000 $268,659
2021 $6,599 $278,860 $35,000 $243,860
2020 $6,191 $246,130 $35,000 $211,130
2019 $6,433 $245,640 $0 $0
2018 $5,322 $203,240 $25,000 $178,240
2017 $5,252 $197,310 $25,000 $172,310
2016 $4,036 $151,610 $25,000 $126,610
2015 $4,036 $151,610 $25,000 $126,610
2014 $4,036 $151,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9520369

Unlock MLS (Austin Board of REALTORS®)

APN: 142395