NOT LISTED FOR SALE

1302 Monroe Loop Killeen, TX 76543

Estimated Value: $358,640 - $407,000

Studio
1 Bath
4,164 Sq Ft
$94/Sq Ft Est. Value

Last Sold October 08, 2021

Current estimated payment $2,678/month

27 Days on Market

Highlights

  • Contemporary Architecture
  • Covered Patio or Porch
  • Laundry Room
  • No HOA
  • Cul-De-Sac
  • Tile Flooring

About This Home

As of October 2021

Multiple offers received; please submit your highest and best offer by 6pm Friday, August 13,2021. Well maintained, updated and improved fourplex unit. Recent updates include laminate flooring, tile floors, updated countertops, carpet, paint, new front entry doors and fixtures. These four units each have a utility room and additional storage just off the rear covered patio. The two bedroom 1.5 bath homes are situated on a large .455 acre lot, close to Fort Hood entry gates. Excellent investment opportunity!

Last Agent to Sell the Property

Anne Schramm

Schramm Real Estate, PLLC License #0465302 Listed on: 08/11/2021

Last Buyer's Agent

Danny Webber

Home Simple of Texas, Inc License #0524009

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1997

Lot Details

  • 0.46 Acre Lot
  • Cul-De-Sac

Parking

  • No Garage

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Slab Foundation
  • Masonry

Interior Spaces

  • 4,164 Sq Ft Home
  • Property has 2 Levels
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Outdoor Features

  • Covered Patio or Porch

Schools

  • Hay Branch Elementary School
  • Rancier Middle School
  • Killeen High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Units
  • Brown Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 1
  • Assessor Parcel Number 167815

Property Details

Home Type

Multi-Family

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Architectural Style: Contemporary/Modern
  • Directions: Head SE on E Veterans Memorial Dr; L at N. Roy Reynolds Dr; R at Monroe Loop; property on right.
  • Garage Yn: No
  • Unit Levels: Two
  • Lot Size Acres: 0.4553
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex,Multi Family
  • Prop. Type: Residential
  • Road Surface Type: Asphalt
  • Building Stories: 2
  • Subdivision Name: Brown Add
  • Water Body Name: None
  • Year Built: 1997
  • Special Features: None
  • Stories: 2

Interior Features

  • Accessibility Features: None
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Interior Amenities: All Bedrooms Up
  • Living Area: 4164.0
  • Private Spa: No
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Brick Veneer, Fiber Cement, Masonry
  • Disclosures: Owner Is Listing Agent
  • Exterior Features: Covered Patio, Porch
  • Fencing: None
  • Foundation Details: Slab
  • Lot Features: Cul-De-Sac
  • Patio And Porch Features: Covered, Patio, Porch
  • Pool Features: None
  • Property Condition: Resale
  • Roof: Composition, Shingle
  • View: None
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry in Utility Room, Laundry Room
  • Sewer: Public Sewer
  • Utilities: Cable Available, Separate Meters, Trash Collection Public
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Schools

  • Elementary School: Hay Branch Elementary School
  • High School: Killeen High School
  • Junior High Dist: Killeen ISD
  • Middle Or Junior School: Rancier Middle School

Lot Info

  • Parcel #: 167815
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Tax Info

  • Tax Block: 1
  • Tax Lot: 4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Oct 8, 2021
Sold by
23 Assets Llc
Bought by
Probst Kimberly
Seller's Agent
Anne Schramm
Schramm Real Estate, PLLC
Buyer's Agent
Danny Webber
Home Simple of Texas, Inc
List Price
$299,000
Current Estimated Value
$392,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%
Original Mortgage
$180,400
Outstanding Balance
$164,508
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$228,152

Purchase Details

Listed on
Aug 11, 2021
Closed on
Sep 16, 2021
Sold by
Campbell Eric B and Campbell Lisa L
Bought by
23 Assets Llc
Seller's Agent
Anne Schramm
Schramm Real Estate, PLLC
Buyer's Agent
Danny Webber
Home Simple of Texas, Inc
List Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,400
Outstanding Balance
$164,508
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$228,152

Purchase Details

Listed on
Oct 5, 2016
Closed on
Feb 15, 2017
Sold by
Petree Miltion L
Bought by
Campbell Eric B and Campbell Lisa L
Seller's Agent
Matthew Clark
Homestead Real Estate
Buyer's Agent
Karen Keys
America'S Choice Real Estate
List Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.07%
Original Mortgage
$120,225
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 23, 2015
Closed on
Jul 10, 2015
Sold by
Bumpass Keith and Bumpass Ruby
Bought by
Petree Milton L
Seller's Agent
Yohana Balladares
Realty Of America, Llc
Buyer's Agent
Michael A Zehr
Armadillo Properties
List Price
$169,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.55%
Original Mortgage
$169,900
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 1997
Sold by
Brown Monroe L and Brown June A
Bought by
Burley William J and Burley Linda J
Source: Public Records
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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
Probst Kimberly -- None Available
23 Assets Llc -- Monteith Abstract & Title Co
Campbell Eric B -- Monteith Abstract & Title Co
Petree Milton L -- None Available
Burley William J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Probst Kimberly $180,400
Previous Owner Campbell Eric B $120,225
Previous Owner Petree Milton L $169,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2021 10/08/21 Sold -- -- --
09/08/2021 09/08/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $299,000 +66.1% $72 / Sq Ft
02/17/2017 02/17/17 Sold -- -- -- View Prior Sale
01/18/2017 01/18/17 Pending -- -- --
10/05/2016 10/05/16 For Sale $180,000 +5.9% $43 / Sq Ft
07/10/2015 07/10/15 Sold -- -- -- View Prior Sale
06/10/2015 06/10/15 Pending -- -- --
02/25/2015 02/25/15 For Sale $169,900 -- $41 / Sq Ft
Source: Central Texas MLS (CTXMLS)

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 $7,756 $421,616 $56,000 $365,616
2024 $7,756 $389,334 $56,000 $333,334
2023 $7,582 $400,525 $30,000 $370,525
2022 $6,967 $331,068 $30,000 $301,068
2021 $5,748 $239,206 $30,000 $209,206
2020 $5,480 $217,279 $30,000 $187,279
2019 $5,288 $200,793 $19,000 $181,793
2018 $3,899 $158,854 $19,000 $139,854
2017 $3,998 $162,033 $19,000 $143,033
2016 $4,037 $163,623 $19,000 $144,623
2015 $2,947 $126,998 $19,000 $107,998
2014 $2,947 $129,345 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Texas MLS (CTXMLS)

MLS Number: 448379

Central Texas MLS (CTXMLS)

APN: 167815