NOT LISTED FOR SALE

1809 Roman Rd Grand Prairie, TX 75050

Holiday Hill Estates Neighborhood
6 Beds
6 Baths
3,516 Sq Ft
6,360 Sq Ft Lot

Last Sold June 30, 2020

30 Days on Market

Highlights

  • Home Security System
  • Central Heating and Cooling System
  • Wood Burning Fireplace
  • Energy-Efficient Appliances
  • Ceiling Fan

About This Home

As of June 2020

This 4-plex property in Grand Prairie, TX is currently operating at an NOI of $19,631 and is 100% occupied. The property consists of two 1BD-1BA units and two 2BD-2BA units. This is a value-add investment, presenting new ownership with the opportunity to add washers and dryers in each unit in either the kitchen or bedrooms and implement RUBS at $50-unit to recover apx 80% of annual water-sewer expense. Adding these features will allow new owner to increase rents to $700 for 1 bed units and $750 for 2 bed units. Pro Forma NOI is $22,118 at a 7.37% cap rate...View the OM in attachments for showing and offer instructions.*** Prior purchase failed to perform. Back on market!

Last Agent to Sell the Property

Logan Waller

Waller Group LLC License #0479147 Listed on: 05/20/2020

Last Buyer's Agent

Rocky Presley

Keller Williams Realty License #0701497

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 6,360

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,516 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Electric Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • Covered Parking
  • Assigned Parking

Schools

  • Eisenhower Elementary School
  • Adams Middle School
  • Grand Prairie High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Additional Features

  • Energy-Efficient Appliances
  • 6,360 Sq Ft Lot

Community Details

  • 3,516 Sq Ft Building
  • Holiday Hill Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28088500180170000
  • Tax Block R
  • $3,353 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: Two
  • Security: Security System, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 19631
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 84.75540
  • Special Features: None
  • Year Built: 1969

Interior Features

  • Square Footage: 3516.00
  • Windows: Window Coverings
  • Fireplace Features: Wood Burning
  • Appliances: Electric Range, Refrigerator, Vented Exhaust Fan, Electric Water Heater

Beds/Baths

  • Full Bathrooms: 6
  • Total Bedrooms: 6

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Frame, Wood

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: Not in a complex
  • Association Type: None

Schools

  • School District: Grand Prairie ISD
  • Elementary School: Eisenhower
  • Middle School: Adams
  • High School: Grand Prairie
  • School District: Grand Prairie ISD
  • Elementary School: Eisenhower
  • High School: Grand Prairie

Green Features

  • Efficiency: Appliances
  • Smart Home Features Appor Pass Y: No

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.1460
  • Parcel Number: 28088500180170000
  • Lot Size Acres: 0.1460
  • Lot Size Sq Ft: 6359.7600

Building Info

  • Year Built: 1969
  • Units Total: 4

Multi Family

  • Gross Annual Expenses: 12169.00
  • Gross Annual Income: 32400.00
  • Insurance Expense: 1700
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 3353
  • TaxBlock: R

MLS Schools

  • MiddleOrJuniorSchool: Adams
  • Middle School Name: Adams
  • Elementary School Name: Eisenhower
  • High School Name: Grand Prairie

Range of Values:

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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
06/30/2020 06/30/20 Sold -- -- --
06/19/2020 06/19/20 Pending -- -- --
06/17/2020 06/17/20 Price Changed $300,000 -7.7% $85 / Sq Ft
05/20/2020 05/20/20 For Sale $325,000 +14.4% $92 / Sq Ft
04/02/2019 04/02/19 Sold -- -- --
03/01/2019 03/01/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $284,000 -- $81 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Logan Waller

    Seller's Agent in 2020

    Logan Waller

    Waller Group LLC

    (214) 257-8721

    20 Total Sales

    Section Image

  • R

    Buyer's Agent in 2020

    Rocky Presley

    Keller Williams Realty

    (214) 886-2613

    46 Total Sales

    Section Image
  • Ray Bobo

    Seller's Agent in 2019

    Ray Bobo

    Keller Williams Lonestar DFW

    (817) 235-8988

    211 Total Sales

    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14347548

North Texas Real Estate Information Systems (NTREIS)

APN: 28-08850-018-017-00-00

Texas Dallas County Grand Prairie 75050 Holiday Hill Estates

1809 Roman Rd, Grand Prairie, TX

This home is located at 1809 Roman Rd, Grand Prairie, TX 75050 since 20 May 2020. This property was built in 1969. 1809 Roman Rd is a home located in Dallas County with nearby schools including Crosswinds High School, Stephen F. Austin Elementary School, and Digital Arts & Technology Academy at Adams Middle.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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