$726,000
SOLD NOV 20, 2021
Last list price

1407 Ford St Llano, TX 78643

8 Beds
8 Baths
4,840 Sq Ft
0.38 Acres

Recently Sold

$150 Per Sq Ft

29 Days on Market

About This Home

As of July 2025

Ford Square Apartments in the heart of Llano. 8 Units all 1 bedroom 1 bath. This is an Opportunity Zone Property.Well maintained ,alway full with a waiting list.Close in to downtown , walking distance to schools , Hospital ,Investor dream ,cash flow!

Last Agent to Sell the Property

Gregory McDonnell

Lake LBJ Partners Brokerage Phone: 512-784-4237 License #0348571 Listed on: 04/20/2021

Last Buyer's Agent

John Osbourn

Landmasters Real Estate License #0713014

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1997

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 150 x 75

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 4,840 Sq Ft Home
  • Laminate Flooring
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • No Short Term Rentals Allowed
  • Total Actual Rent $59,265
  • Tenant pays for electricity, sewer, garbage pick-up
  • Assessor Parcel Number 050144

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $2,276
  • Maintenance Expense $7,306
  • Professional Management Expense $15,338
  • Water Sewer Expense $6,345
  • Operating Expense $31,265
  • Gross Income $28,000
  • Net Operating Income $28,000

Property Details

Home Type

Apartment

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Reso Property Sub Type: Apartment Complex
  • Prop. Type: Residential Income
  • Road Frontage Type: Paved Road
  • Income And Expenses Maintenance Expense: 7306
  • Professional Management Expense: 15338
  • Co List Office Mls Id: HLM203
  • Co List Office Phone: (512) 784-4237
  • Co List Office Mls Id: HLM203
  • Subdivision Name: Other
  • Directions: From HWY 71 North on 16 about 1/2 mile Property is on the Left
  • Reso Flooring: Laminate Floating
  • Year Built: 1997
  • HLM_ShortTermRentalAllowed: NO
  • HLM_FloodZone: Unknown
  • HLM_ShortSale: No
  • HLM_REOForeclosure: No
  • HLM_Waterfront: No
  • Attribution Contact: Cell: 512-784-4237
  • TotalAnnualExpenses: 31,265
  • NetOpIncome: 28,000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Electric Dryer Hookup, Electric Range, Refrigerator, Washer Hookup, Electric Water Heater
  • Total Bedrooms: 8

Exterior Features

  • Roof: Metal
  • Acres: 0.38
  • Construction Type: Wood
  • Foundation Details: Slab

Utilities

  • Cooling: Central Air
  • Sewer: City Sewer
  • Heating: Central, Electric
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 6345

Schools

  • Junior High Dist: Llano

Lot Info

  • Lot Dimensions: 150 X 75
  • Parcel #: 050144

Rental Info

  • Tenant Pays: Electricity, Sewer, Garbage Pick-up

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 2276
  • Total Actual Rent: 59265

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 Change Sq Ft Price
07/16/2025 07/16/25 Sold -- -- --
05/09/2025 05/09/25 For Sale $750 +3.4% $1 / Sq Ft
02/14/2024 02/14/24 Sold -- -- --
01/04/2024 01/04/24 For Sale $725 0.0% $1 / Sq Ft
01/04/2024 01/04/24 Off Market -- -- --
01/03/2024 01/03/24 For Sale $725 -99.9% $1 / Sq Ft
11/20/2021 11/20/21 Sold -- -- --
04/20/2021 04/20/21 For Sale $726,000 +101.7% $150 / Sq Ft
03/14/2019 03/14/19 Sold -- -- --
03/01/2019 03/01/19 Pending -- -- --
01/09/2019 01/09/19 For Sale $360,000 -- $74 / Sq Ft
Source: Highland Lakes Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highland Lakes Association of REALTORS®

MLS Number: HLM155707

Highland Lakes Association of REALTORS®