NOT LISTED FOR SALE

1510 N Spring St Grand Saline, TX 75140

2 Beds
1 Bath
-- Sq Ft
0.55 Acres

Last Sold May 23, 2023

242 Days on Market

Highlights

  • Built-In Features
  • 1-Story Property
  • Central Heating and Cooling System
  • Grand Saline High School Rated A-
  • Landscaped
  • Ceiling Fan

About This Home

As of May 2023

INCOME PRODUCING PROPERTY. All units in this quadplex are 2 bedroom 1 bathroom with washer and dryer hookups. These units rented immediately with many applicants. The current tenants consist of mostly long-term tenants. Owner pays water and tenants pay all other bills. Multifamily investment opportunities don’t come around very often in this area. Located a little over an hour from Dallas and a little under an hour from Tyler.

Last Agent to Sell the Property

William Moomaw

Regal, REALTORS License #0715236 Listed on: 08/14/2022

Regal, REALTORS

Last Buyer's Agent

Seena Abraham

Beam Real Estate, LLC License #0576489

Beam Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 0.55 Acre Lot
  • Landscaped

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Ceiling Fan

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 8 Parking Spaces
  • Open Parking

Schools

  • Grandsalin Elementary And Middle School
  • Grandsalin High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • 4 Units
  • 3,600 Sq Ft Building

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number R000015233
  • $2,800 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 25131
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 100.00000
  • Attribution Contact: 972-372-0590
  • Special Features: None
  • Year Built: 1982

Interior Features

  • Interior Amenities: Built-in Features, Cable TV Available, High Speed Internet Available
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Dishwasher, Electric Range
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air
  • Number Of Parking Spaces: 8
  • Parking Features: Open

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Complex Name: Spring St
  • Association Type: None

Schools

  • School District: Grand Saline ISD
  • Elementary School: Grandsalin
  • Middle School: Grandsalin
  • High School: Grandsalin
  • School District: Grand Saline ISD

Lot Info

  • Lot Size: .5 to < 1 Acre
  • Lot Features: Landscaped
  • Lot Size Units: Acres
  • Lot Size Area: 0.5500
  • Parcel Number: R000015233
  • Lot Size Acres: 0.5500
  • Lot Size Sq Ft: 23958.0000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1982
  • Units Total: 4

Multi Family

  • Gross Annual Expenses: 5064.00
  • Gross Annual Income: 34800.00
  • Insurance Expense: 1805
  • Unit Count: 4

Tax Info

  • Unexempt Taxes: 2800
  • Tax Lot: 3

MLS Schools

  • Middle School Name: Grandsalin
  • Elementary School Name: Grandsalin
  • High School Name: Grandsalin

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold -- -- --
04/13/2023 04/13/23 Pending -- -- --
03/12/2023 03/12/23 For Sale $385,000 0.0% --
10/24/2022 10/24/22 Pending -- -- --
10/13/2022 10/13/22 For Sale $385,000 0.0% --
10/05/2022 10/05/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $385,000 0.0% --
08/27/2022 08/27/22 Pending -- -- --
08/14/2022 08/14/22 For Sale $385,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20136717

North Texas Real Estate Information Systems (NTREIS)

APN: 044.0046.0579.0000.0000