$135,000
SOLD MAR 7, 2025
Last list price
-- Bed
-- Bath
2,000 Sq Ft
7,710 Sq Ft Lot

Recently Sold

$68 Per Sq Ft

56 Days on Market

Highlights

  • 1-Story Property
  • Fairfield Magnet School Rated A-
  • Space Heater

About This Home

As of March 2025

Income-Generating Property in University Place! OWNER FINANCING AVAILABLEInvestors, take note! This 2-unit rental property in University Place 6th Filing offers an excellent income opportunity. Built in 1967, this duplex features two 2-bedroom, 1-bath units, each approximately 800 sq. ft. Both units come with electric kitchen appliances, window unit cooling, and space heaters for comfort.The property is situated on a 0.177-acre lot with 3 parking spaces, city utilities, and no HOA fees. Conveniently located in the Caddo PSB school district, this property is ready for tenants and offers great potential for steady rental income. Don’t miss out—schedule a showing today!

Last Agent to Sell the Property

Tammi Montgomery

RE/MAX Real Estate Services Brokerage Phone: 318-752-2700 License #0995682171 Listed on: 12/13/2024

Last Buyer's Agent

Jan Smith

Century 21 Elite License #0099562742

Century 21 Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $754

Year Built

  • Built in 1967

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Siding

Kitchen

  • Electric Oven
  • Electric Cooktop

Parking

  • 3 Parking Spaces
  • Common or Shared Parking
  • Driveway

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 7,710 Sq Ft Lot

Community Details

  • 2 Units
  • 1,937 Sq Ft Building
  • University Place 6Th Filing Subdivision

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 171306084003100
  • $762 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$754

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 13530
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 69.69541
  • Attribution Contact: 318-752-2700
  • Special Features: None
  • Year Built: 1967

Interior Features

  • Interior Amenities: Cable TV Available
  • Flooring: Other
  • Appliances: Electric Cooktop, Electric Oven

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction Materials: Siding

Garage/Parking

  • Cooling System: Window Unit(s)
  • Number Of Parking Spaces: 3
  • Parking Features: Common, Driveway

Utilities

  • Heating: Space Heater
  • Utilities: Cable Available, City Sewer, City Water, Electricity Available, Electricity Connected

Condo/Co-op/Association

  • Complex Name: 157 E College
  • Association Type: None

Schools

  • School District: Caddo PSB
  • School District: Caddo PSB

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.1770
  • Parcel Number: 171306084003100
  • Lot Size Acres: 0.1770
  • Lot Size Sq Ft: 7710.1200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1967
  • Units Total: 2
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 4470.00
  • Gross Annual Income: 18000.00
  • Insurance Expense: 1320
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 762
  • Tax Lot: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2023
Sold by
Burrell Wayne
Bought by
Realty Holding Llc
Total Days on Market
56

Purchase Details

Listed on
Nov 21, 2021
Closed on
Jan 14, 2022
Sold by
Propertiesllc Dgi
Bought by
Burrell Waayne and Cordy-Burrell Marilyn
Seller's Agent
Elizabeth Moreau
Better Homes And Gardens RE Lindsey Realty
Buyer's Agent
Keslee Dickson
Pinnacle Realty Advisors
List Price
$22,500
Sold Price
$150,333
Premium/Discount to List
$127,833
568.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.18%

Purchase Details

Closed on
Nov 2, 2019
Sold by
Goodfellas Entertainment Group Llc
Bought by
Dgi Properties Llc

Purchase Details

Listed on
Jul 31, 2018
Closed on
Sep 10, 2018
Sold by
Bank Of New York Mellon
Bought by
Goodfellas Entertainment Group Llc
Seller's Agent
Richard Hostetler
Prime Real Estate, LLC
Buyer's Agent
Rodrick McIntosh
Clear To Close Realty
List Price
$14,700
Sold Price
$14,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.07%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Deed $130,000 None Listed On Document
Cash Sale Deed $17,000 None Available
Special Warranty Deed $14,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $80,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 Sold -- -- --
02/08/2025 02/08/25 Pending -- -- --
01/22/2025 01/22/25 For Sale $135,000 0.0% $68 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
12/13/2024 12/13/24 For Sale $135,000 0.0% $68 / Sq Ft
12/15/2023 12/15/23 Rented $695 0.0% --
10/31/2023 10/31/23 Under Contract -- -- --
09/14/2023 09/14/23 Price Changed $695 -2.8% $1 / Sq Ft
08/10/2023 08/10/23 Price Changed $715 -4.7% $1 / Sq Ft
07/06/2023 07/06/23 For Rent $750 0.0% --
01/18/2022 01/18/22 Sold -- -- --
12/05/2021 12/05/21 Price Changed $150,333 -33.3% $94 / Sq Ft
11/22/2021 11/22/21 Price Changed $225,500 +902.2% $141 / Sq Ft
11/21/2021 11/21/21 For Sale $22,500 +53.1% $14 / Sq Ft
09/14/2018 09/14/18 Sold -- -- --
08/28/2018 08/28/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $14,700 -- $7 / Sq Ft
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
2024 $754 $4,836 $1,155 $3,681
2023 $762 $4,781 $1,100 $3,681
2022 $762 $4,781 $1,100 $3,681
2021 $750 $4,781 $1,100 $3,681
2020 $750 $4,781 $1,100 $3,681
2019 $754 $4,660 $1,100 $3,560
2018 $600 $4,660 $1,100 $3,560
2017 $766 $4,660 $1,100 $3,560
2015 $742 $5,723 $1,100 $4,623
2014 $696 $5,330 $1,100 $4,230
2013 -- $5,330 $1,100 $4,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20796473

North Texas Real Estate Information Systems (NTREIS)

APN: 171306-084-0031-00