NOT LISTED FOR SALE

Estimated Value: $254,181 - $331,000

99 Beds
20 Baths
47,320 Sq Ft
$6/Sq Ft Est. Value

Last Sold November 21, 2019

Current estimated payment $2,098/month

45 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating and Cooling System
  • Vinyl Flooring
  • 1-Story Property
  • Partially Fenced Property

About This Home

As of November 2019

Melrose - Leacrest Bungalows is a duplex community located right next to the brand-new Berry Elementary – opening Fall 2023. Near Hwy 360 in between I-30 & I-20, near AT&T Stadium - Cowboys; Ball Parkway - Texas Rangers; Six Flags; Center of Arlington. Melrose - Leacrest Bungalows is completely renovated from the inside out. Renovations include new central heat and air, all new kitchen appliances, windows, insulation, electrical and plumbing all for high energy efficiency. All homes are one story on the ground level, and share enormous backyard with one neighbor, many are fenced in. Open floorplan with new custom wood cabinets, new Pergo flooring and all new brushed nickel fixtures with a dedicated laundry area for full size washer and dryer that includes additional storage space. Enjoy your new luxury kitchen with elegant black granite countertops, double sinks with pull out sprayer faucet. Our bathrooms include high end finishes such as, marble walk in shower with custom inset shelf, penny tile flooring and ample storage. Call us today to arrange a tour!

Last Agent to Sell the Property

Jason Reynolds

Visions Realty & Investments License #0643623 Listed on: 07/21/2019

Last Buyer's Agent

NON-MLS MEMBER

NON MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,560

Year Built

  • Built in 1960

Lot Details

  • 7,884 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 47,320 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Fire and Smoke Detector
  • Gas Range

Bedrooms and Bathrooms

  • 99 Bedrooms
  • 20 Full Bathrooms

Parking

  • 70 Car Garage
  • Front Facing Garage
  • Side Facing Garage
  • On-Street Parking
  • Open Parking

Schools

  • Berry Elementary School
  • Carter Middle School
  • Sam Houston High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Cooling System Mounted To A Wall/Window
  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • 70 Units
  • 47,320 Sq Ft Building
  • Meadowbrook Park Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number 01694340
  • $54,695 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,560

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Net Operation Income: 380617
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 124.68301
  • Special Features: None
  • Year Built: 1960

Interior Features

  • Square Footage: 47320.00
  • Interior Amenities: Cable TV Available
  • Flooring: Vinyl
  • Appliances: Gas Range

Beds/Baths

  • Full Bathrooms: 20
  • Total Bedrooms: 99

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Chain Link, Partial, Wood, None
  • Roof: Composition
  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air, Electric, Wall Unit(s), Wall/Window Unit(s), Window Unit(s)
  • Number Of Parking Spaces: 70
  • Parking Features: Garage Faces Front, Garage Faces Side, On Street, Open
  • GarageYN: No

Utilities

  • Heating: Central, Electric, Floor Furnance, Natural Gas, Wall Furnace
  • Utilities: City Sewer, City Water, Individual Gas Meter, Individual Water Meter

Condo/Co-op/Association

  • Complex Name: Melrose Duplexes
  • Association Type: None

Schools

  • School District: Arlington ISD
  • Elementary School: Berry
  • High School: Sam Houston
  • School District: Arlington ISD
  • Elementary School: Berry
  • Junior High School: Carter
  • High School: Sam Houston

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.1810
  • Parcel Number: 01694340
  • Lot Size Acres: 0.1810
  • Lot Size Sq Ft: 7884.3600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1960
  • Units Total: 70

Multi Family

  • Gross Annual Expenses: 330904.00
  • Gross Annual Income: 711521.00
  • Insurance Expense: 17732
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 54695
  • TaxBlock: 1
  • Tax Lot: 1

MLS Schools

  • MiddleOrJuniorSchool: Carter
  • Elementary School Name: Berry
  • High School Name: Sam Houston

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
11/04/2024 11/04/24 Off Market $1,295 -- --
08/02/2023 08/02/23 Price Changed $1,295 +53.3% $2 / Sq Ft
08/02/2023 08/02/23 For Rent $845 0.0% --
11/21/2019 11/21/19 Sold -- -- --
09/04/2019 09/04/19 Pending -- -- --
08/08/2019 08/08/19 Rented $945 0.0% --
08/08/2019 08/08/19 For Rent $945 0.0% --
07/21/2019 07/21/19 For Sale $6,000,000 -- $127 / 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 $5,560 $260,635 $50,000 $210,635
2023 $5,560 $251,972 $50,000 $201,972
2022 $4,312 $173,389 $50,000 $123,389
2021 $4,505 $173,389 $50,000 $123,389
2020 $4,318 $171,953 $50,000 $121,953
2019 $1,689 $65,000 $10,000 $55,000
2018 $1,689 $65,000 $10,000 $55,000
2017 $1,730 $65,000 $10,000 $55,000
2016 $1,278 $48,000 $5,000 $43,000
2015 $1,037 $39,300 $5,000 $34,300
2014 $1,037 $39,300 $5,000 $34,300
Source: Public Records

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14145107

North Texas Real Estate Information Systems (NTREIS)

APN: 01694340