NOT LISTED FOR SALE

1431 & 1429 N Bluegrove Rd Lancaster, TX 75134

Pebblebrook Neighborhood

Estimated Value: $200,000 - $363,696

6 Beds
4 Baths
-- Sq Ft
8,403 Sq Ft Lot

Last Sold May 20, 2024

Current estimated payment $1,827/month

70 Days on Market

Highlights

  • Private Yard
  • 1-Story Property
  • Central Heating and Cooling System
  • Ceramic Tile Flooring
  • Outdoor Storage
  • Wood Fence

About This Home

As of May 2024

Attention investors! This charming and well-maintained full duplex is an excellent opportunity for generating income. It is located in a highly sought-after rental area in Lancaster, TX, with no HOA fees and easy access to major amenities such as restaurants, banks, gas stations, and grocery stores. Currently, both units are vacant and offer spacious 3 bedrooms, 2 full bathrooms, a carport for 2 cars, separate central AC & heating, water heater, washer-dryer hookup, and separate utility meters. The seller has a survey, and this turnkey investment is ready for you to seize.

Last Agent to Sell the Property

Jiji Thomas

Beam Real Estate, LLC Brokerage Phone: 972-805-6326 License #0617741 Listed on: 02/08/2024

Beam Real Estate, LLC

Last Buyer's Agent

Stephen Riddle

Riddle Team Realty License #0467243

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,256

Year Built

  • Built in 1982

Lot Details

  • 8,403 Sq Ft Lot
  • Wood Fence
  • Private Yard
  • Back Yard

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Car Garage
  • 4 Carport Spaces
  • Rear-Facing Garage

Outdoor Features

  • Outdoor Storage

Schools

  • Houston Elementary School
  • Lancaster Middle School
  • Lancaster High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 13 / 1
  • Assessor Parcel Number 36010050010130000
  • $4,398 per year unexempt tax

Community Details

Overview

  • 2 Units
  • 2,272 Sq Ft Building
  • Brook Meadows 01 Subdivision

Amenities

  • Community Mailbox

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,256

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Net Operation Income: 33600
  • Notice Surveillance Devices Pres: Audio, Video
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Horse Permitted Y N: No
  • Ratio Current Price By Building: 167.25352
  • Attribution Contact: 972-805-6326
  • Special Features: None
  • Year Built: 1982

Interior Features

  • Interior Amenities: Cable TV Available
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Electric Cooktop
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Back Yard, Fenced, Wood
  • Roof: Composition, Shingle
  • Construction Materials: Brick, Wood
  • Exterior Features: Private Yard, Storage

Garage/Parking

  • Cooling System: Central Air, Electric
  • Carport Spaces: 4
  • Total Covered Spaces: 4
  • Number Of Parking Spaces: 4
  • Parking Features: Garage Single Door, Carport, Garage Faces Rear
  • Attached Garage YN: No

Utilities

  • Heating: Central, Electric
  • Utilities: All Weather Road, City Sewer, City Water, Community Mailbox, Electricity Connected, Individual Water Meter, Sidewalk

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Lancaster ISD
  • Elementary School: Houston
  • Middle School: Lancaster
  • High School: Lancaster
  • School District: Lancaster ISD
  • Elementary School: Houston

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.1929
  • Parcel Number: 36010050010130000
  • Lot Size Acres: 0.1929
  • Lot Size Sq Ft: 8402.7240
  • Assessor Parcel Number 2: 36010050010130100

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1982
  • Units Total: 2
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 7200.00
  • Gross Annual Income: 40800.00
  • Insurance Expense: 2100
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 4398
  • TaxBlock: 1
  • Tax Lot: 13

MLS Schools

  • Middle School Name: Lancaster
  • Elementary School Name: Houston
  • High School Name: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
May 20, 2024
Sold by
Daniel Susan
Bought by
Hernandez David and Ortiz Ana T
Seller's Agent
Jiji Thomas
Beam Real Estate, LLC
Buyer's Agent
Stephen Riddle
Riddle Team Realty
List Price
$395,000
Views
165
Current Estimated Value
$254,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-29.92%
Source: Public Records

Range of Values:

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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
Hernandez David -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold -- -- --
04/19/2024 04/19/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $395,000 0.0% --
02/20/2024 02/20/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $395,000 -- --
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 $5,256 $194,480 $32,500 $161,980
2024 $5,256 $222,520 $22,500 $200,020
2023 $3,970 $164,680 $22,500 $142,180
2022 $2,191 $83,000 $15,000 $68,000
2021 $2,506 $87,740 $0 $0
2020 $2,840 $95,970 $15,000 $80,970
2019 $2,848 $93,240 $10,000 $83,240
2018 $2,066 $67,410 $10,000 $57,410
2017 $1,445 $47,180 $9,000 $38,180
2016 $1,445 $47,180 $9,000 $38,180
2015 $1,011 $34,840 $9,000 $25,840
2014 $1,011 $34,840 $9,000 $25,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20531671

North Texas Real Estate Information Systems (NTREIS)

APN: 36010050010130000