NOT LISTED FOR SALE

1525 Trigg Ln Wichita Falls, TX 76306

Estimated Value: $897,452

3 Beds
3 Baths
10,017 Sq Ft
$90/Sq Ft Est. Value

Last Sold August 31, 2015

Current estimated payment $6,580/month

20 Days on Market

About This Home

As of August 2015

Turn-key investment opportunity! 4 Quads with 16 total units. (4) 1 Bedroom Units, (4) 2 Bedroom Units, (8) Efficiency Units. All units are equipped with a refrigerator, range/oven, dishwasher, central heat, central air conditioning and ceiling fans.

Last Agent to Sell the Property

Tanya Ruff

HIRSCHI REALTORS License #0560391 Listed on: 06/23/2015

Last Buyer's Agent

Jody Brannon

HIRSCHI REALTORS License #0527918

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,737

Lot Details

  • Landscaped

Home Design

  • 10,017 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Parking

  • 32 Parking Spaces
  • Over 1 Space Per Unit
  • Paved Parking

Utilities

  • Separate Meters
  • Master Water Meter
  • Water Heater

Listing and Financial Details

  • Tenant pays for electric, deposit
  • Legal Lot and Block 2 / 1
  • Assessor Parcel Number 100516

Community Details

Overview

  • 16 Units
  • Built by Charles Barr

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,737

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Complex
  • Legal Addition: Chandler Place
  • Legal Block: 1
  • Legal Lot: 2
  • Miscellaneous: Separate Electric Meters, Individual Water Heaters, Individual Heat/Air Units, Master Water Meter
  • Zoning District: Multi-Family Res
  • Land Area: .9740 Acres
  • Amenities Common: Central Laundry
  • Available Parking Spaces: 32
  • Parking Facil: Paved Area, 2 Space+/Unit
  • Projected Monthly Income: 7,000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Sq Ft: 48.42
  • Number Of Stories: 2 or Less
  • Estimated Sq Ft: 10017

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • Construction Type: Brick

Schools

  • Elementary School: Kate Haynes
  • Middle School: Call Wfisd
  • High School: Call Wfisd

Lot Info

  • Flood Plain: Not Flood Plain
  • Lot Description: Landscape

Building Info

  • Builder Name: Charles Barr

Rental Info

  • Lease Info: 1 Year
  • Tenant Pays: Electric, Deposit

Tax Info

  • Assessor Parcel Number: 100516

Multi Family

  • Number Of 1 Bed Units: 4
  • Number Of 2 Bed Units: 4
  • Number Of Units: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2024
Sold by
1031 Pros Titleholder 1171 Llc
Bought by
Albers & Grove Investments Llc
Current Estimated Value
$897,452

Purchase Details

Closed on
Oct 22, 2020
Sold by
Reaves James and Reaves Nardi
Bought by
So Southern Llc

Purchase Details

Listed on
Jun 23, 2015
Closed on
Aug 31, 2015
Sold by
Barr Charles E
Bought by
Nardi Reaves James and Nardi Reaves
Seller's Agent
Tanya Ruff
HIRSCHI REALTORS
Buyer's Agent
Jody Brannon
HIRSCHI REALTORS
List Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$388,000
Interest Rate
4.12%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Albers & Grove Investments Llc -- None Listed On Document
So Southern Llc -- None Available
Nardi Reaves James -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nardi Reaves James $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2015 08/31/15 Sold -- -- --
07/13/2015 07/13/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $495,000 -- $49 / Sq Ft
Source: Wichita Falls Association of REALTORS®

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 $20,737 $893,000 $41,155 $851,845
2024 $20,737 $893,000 $31,821 $861,179
2023 $16,258 $687,500 $12,728 $674,772
2022 $13,317 $522,000 $12,728 $509,272
2021 $12,564 $492,000 $12,728 $479,272
2020 $11,633 $450,000 $12,728 $437,272
2019 $11,445 $439,000 $12,728 $426,272
2018 $11,445 $439,000 $12,728 $426,272
2017 $11,385 $439,000 $12,728 $426,272
2016 $11,163 $439,000 $12,728 $426,272
2015 $8,371 $382,000 $12,728 $369,272
2014 $8,371 $364,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Wichita Falls Association of REALTORS®

MLS Number: 137112

Wichita Falls Association of REALTORS®

APN: 100516