NOT LISTED FOR SALE

154 S Bend Ct Willis, TX 77378

Estimated Value: $195,000 - $473,883

3 Beds
1 Bath
2,000 Sq Ft
$173/Sq Ft Est. Value

Last Sold March 17, 2020

Current estimated payment $2,086/month

67 Days on Market

Highlights

  • Tile Flooring
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of March 2020

Apex Pro Real Estate Group is pleased to present investors with an opportunity to own the South Bend Duplexes. This multifamily portfolio of 2 individual properties (154 and 150 S Bend Ct) is being sold in conjunction with another listing (MLS ID 18008394) for a total of 7 duplexes. Located near the heart of Willis, TX, these units are all currently cash flowing on fixed 12 month leases. Minor improvements have been made to some units, keeping them relevant to tenants and easy to care for owners while still allowing potential for additional upside. This presents a value opportunity rarely seen in investment properties by giving owners the choice of solid, reliable income for as long as desired or forcing value to increase rents and equity on rolling basis. The population explosion in outlying Houston communities mean these units in demand and don't remain vacant long, if ever. Give yourself the chance to add a great asset to your portfolio before the next investor does: call us today.

Last Agent to Sell the Property

Joshua Eimerbrink

Arete Home Solutions License #0633698 Listed on: 12/10/2019

Last Buyer's Agent

Matthew Mamo

Team Mamo Realty, Inc License #0501343

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,044

Year Built

  • Built in 2009

Lot Details

  • 6,008

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Laminate Countertops
  • Washer and Dryer Hookup

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Ventilation

Schools

  • W. Lloyd Meador Elementary School
  • Robert P. Brabham Middle School
  • Willis High School

Additional Features

  • 6,008 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • South Bend 01 Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,044

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Year Built: 2009
  • Subdivision Name: South Bend 01
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Insulation
  • Property Sub Type Additional: Duplex
  • UniversalParcelId: urn:reso:upi:2.0:US:48339:8862-00-01900
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile, Vinyl
  • Interior Amenities: Laminate Counters
  • Living Area: 2000.0

Exterior Features

  • Disclosures: None
  • Roof: Composition
  • Construction Type: Cement Siding

Utilities

  • Utilities: Electricity Available, Water Available
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: W. LLOYD MEADOR ELEMENTARY SCHOOL
  • Junior High Dist: 56 - Willis
  • High School: WILLIS HIGH SCHOOL
  • Middle Or Junior School: ROBERT P. BRABHAM MIDDLE SCHOOL

Green Features

  • Green Indoor Air Qlty: Ventilation

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4044.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2014
Sold by
Cay Properties Llc
Bought by
Benedicts Home Redevelopment Company Llc
Current Estimated Value
$340,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,285
Outstanding Balance
$174,233
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$171,488

Purchase Details

Closed on
Sep 11, 2006
Sold by
Young James H
Bought by
Benedicts Home Redevelopment Company Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Benedicts Home Redevelopment Company Llc -- Great American Title
Benedicts Home Redevelopment Company Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benedicts Home Redevelopment Company Llc $226,285
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2025 01/27/25 Off Market -- -- --
03/17/2020 03/17/20 Sold -- -- --
02/16/2020 02/16/20 Pending -- -- --
12/10/2019 12/10/19 For Sale $340,000 -- $170 / Sq Ft
Source: Houston 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 $3,706 $255,616 $26,536 $229,080
2024 $3,706 $204,000 -- --
2023 $3,634 $170,000 $26,530 $143,470
2022 $5,090 $217,730 $26,530 $191,200
2021 $3,520 $145,850 $9,290 $136,560
2020 $3,750 $145,850 $9,290 $136,560
2019 $4,069 $145,630 $9,290 $136,340
2018 $3,438 $121,970 $9,290 $112,680
2017 $3,389 $124,310 $9,290 $115,020
2016 $3,550 $130,210 $15,190 $115,020
2015 $3,587 $130,210 $15,190 $115,020
2014 $3,587 $130,210 $15,190 $115,020
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joshua Eimerbrink

    Arete Home Solutions

    (713) 703-5601

    4 Total Sales

    Joshua Eimerbrink
    Section Image
  • Matthew Mamo

    Buyer's Agent in 2020

    Matthew Mamo

    Team Mamo Realty, Inc

    (281) 548-1773

    4 in this area

    31 Total Sales

    Matthew Mamo
    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 19802724

Houston Association of REALTORS®

APN: 8862-00-01900

Texas Montgomery County Willis 77378

154 S Bend Ct, Willis, TX

Not Listed for Sale

MultiFamily

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