$258,000
PENDING

1512 S Cherry St Unit 2 Pecos, TX 79772

Estimated payment $1,700/month

Total Views 1,844
6 Beds
4 Baths
2,254 Sq Ft
$114 Price per Sq Ft

Highlights

  • Newly Remodeled
  • Energy-Efficient Appliances
  • 1-Story Property
  • Covered patio or porch
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

Owner agent property. Fantastic investment opportunity in Pecos Texas!! Brand new duplexes in excellent area within city limits. 14 already on the ground with 32 remaining. Seller will cooperate with buyers 1031 exchange.
Each unit is 3 bedroom 2 bath 1127 sqft and rents for $1650 per unit. If you haven't done your homework already on the region, you wont be disappointed!!! Pecos is the last housing hub before El Paso, with recent oil discoveries housing is critical for the future.

Last Listed By

Paul Waddell

Hatchett & Co. Real Estate Listed on: 02/01/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,911

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60x115
  • No Backyard Grass
  • Drought Tolerant Landscaping

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Concrete Siding
  • Stone Siding
  • Stucco

Interior Spaces

  • 2,254 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 6 Car Garage
  • Front Facing Garage
  • Assigned Parking

Schools

  • Balmorhea Elementary And Middle School
  • Balmorhea High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Individual Gas Meter
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Covered patio or porch

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number R000002338
  • $3,800 per year unexempt tax

Community Details

Overview

  • 2,254 Sq Ft Building
  • Meadowbrook Subdivision

Amenities

  • Laundry Facilities
  • Community Mailbox

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,911

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: New Construction - Incomplete
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 34300
  • Will Subdivide: Subdivided
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Lake Pump Y N: No
  • Ratio Current Price By Building: 114.46318
  • Special Features: None
  • Year Built: 2018

Interior Features

  • Square Footage: 2254.00
  • Interior Amenities: Cable TV Available
  • Flooring: Ceramic Tile
  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator, Vented Exhaust Fan

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Laundry
  • Fencing: None
  • Roof: Composition
  • Construction Materials: Concrete, Rock/Stone, Stucco, Wood
  • Exterior Features: Covered Patio/Porch
  • Waterfront: No
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Number Of Parking Spaces: 6
  • Parking Features: Assigned, Garage Faces Front
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: Asphalt, City Sewer, City Water, Community Mailbox, Curbs, Individual Gas Meter, Individual Water Meter, Sidewalk

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Pecos-Barstow-Toyah ISD
  • Elementary School: Balmorhea
  • Middle School: Balmorhea
  • High School: Balmorhea
  • School District: Pecos-Barstow-Toyah ISD
  • Elementary School: Balmorhea
  • High School: Balmorhea

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: No Backyard Grass, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.1500
  • Lot Size: 60X115
  • Parcel Number: R000002338
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534.0000

Green Features

  • Efficiency: Appliances, Drought Tolerant Plants

Building Info

  • Year Built: 2018
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 5300.00
  • Gross Annual Income: 39600.00
  • Insurance Expense: 1500
  • Tenancy: No Sublease, Over 9 Months
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 3800
  • Tax Lot: 3

MLS Schools

  • MiddleOrJuniorSchool: Balmorhea
  • Middle School Name: Balmorhea
  • Elementary School Name: Balmorhea
  • High School Name: Balmorhea

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $8,911 $440,294 $27,381 $412,913
2023 $7,581 $362,446 $27,381 $335,065
2022 $4,424 $192,000 $27,528 $164,472
2021 $4,874 $192,000 $27,528 $164,472
2020 -- $238,500 $4,800 $233,700
2019 -- $238,500 $4,800 $233,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2018 09/08/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $258,000 -- $114 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 13758476

North Texas Real Estate Information Systems (NTREIS)

APN: 33447