Seller's Agent in 2020
Shawna King
King Realty, LLC
(214) 697-1742
109 Total Sales
1936 Melrose St Arlington, TX 76010
East Arlington NeighborhoodEstimated Value: $400,000 - $445,000
6
Beds
6
Baths
2,400
Sq Ft
$177/Sq Ft
Est. Value
Highlights
- New Construction
- Patio
- Energy-Efficient Appliances
- Interior Lot
- Park
- Central Heating and Cooling System
About This Home
As of July 20201936 and 1938 Melrose St to be sold as a package with 1940-42, 1944-46 and 1948-50 Melrose St. MLS 14339321, 14339226, 14339209, 14339068 Include granite counter tops and stainless steel appliances. List price per Sq. Ft. is well under current new construction costs. Fresh leases provide immediate cash flow. Tenant's pay all utilities and maintain the yard care.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,340
Year Built
- Built in 2019 | New Construction
Lot Details
- 7,405 Sq Ft Lot
- Wood Fence
- Chain Link Fence
- Interior Lot
Parking
- 4 Parking Spaces
Home Design
- Duplex
- Slab Foundation
- Composition Roof
- Siding
Interior Spaces
- 2,400 Sq Ft Home
- 2-Story Property
- Decorative Lighting
- ENERGY STAR Qualified Windows
- Vinyl Flooring
- Fire and Smoke Detector
Kitchen
- Convection Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient HVAC
- Energy-Efficient Doors
- Energy-Efficient Thermostat
Outdoor Features
- Patio
Schools
- Berry Elementary School
- Carter Middle School
- Sam Houston High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 10 / 1
- Assessor Parcel Number 00145550000499
- $7,011 per year unexempt tax
Community Details
Overview
- 2,400 Sq Ft Building
- Meadowbrook Park Addn Subdivision
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 24, 2025
Sold by
Rs Xii Nm Dallas Owner 1 Lp
Bought by
Star Borrower Sfr5 Lp
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,538,000
Outstanding Balance
$414,816,230
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$414,402,518
Purchase Details
Closed on
Jun 23, 2022
Sold by
Rs Xii Dallas Owner 1 Llp
Bought by
Rs Xii Nm Dallas Owner 1 Lp
Purchase Details
Closed on
Oct 7, 2021
Sold by
Nanga Indus Llc
Bought by
Rs Xii Dallas Owner 1 Lp
Purchase Details
Listed on
May 9, 2020
Closed on
Jul 28, 2020
Sold by
Hegarty Michael E
Bought by
Nanga Indus Llc
Seller's Agent
Shawna King
King Realty, LLC
Buyer's Agent
Sarfaraz Hansraj
TEXAS ALLIANCE REAL ESTATE
List Price
$324,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Original Mortgage
$228,750
Interest Rate
3.1%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 17, 2018
Sold by
Arden Derek and Arden Sherry
Bought by
Sanders Tal and Albrecht Tenae
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,150
Interest Rate
4.5%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Star Borrower Sfr5 Lp | -- | None Listed On Document | |
| Rs Xii Nm Dallas Owner 1 Lp | -- | None Listed On Document | |
| Rs Xii Dallas Owner 1 Lp | -- | Fidelity National Title | |
| Nanga Indus Llc | -- | Allegiance Title | |
| Sanders Tal | -- | Lawyers Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Star Borrower Sfr5 Lp | $415,538,000 | |
| Previous Owner | Nanga Indus Llc | $228,750 | |
| Previous Owner | Sanders Tal | $130,150 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2020 07/31/20 | Sold | -- | -- | -- |
| 06/11/2020 06/11/20 | Pending | -- | -- | -- |
| 05/09/2020 05/09/20 | For Sale | $324,000 | -- | $135 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Tax History Compared to Growth
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 | $8,340 | $381,578 | $50,000 | $331,578 |
| 2023 | $8,229 | $372,946 | $50,000 | $322,946 |
| 2022 | $7,836 | $315,071 | $50,000 | $265,071 |
| 2021 | $6,595 | $257,200 | $50,000 | $207,200 |
| 2020 | $6,906 | $275,000 | $50,000 | $225,000 |
| 2019 | $650 | $25,000 | $25,000 | $0 |
| 2018 | $130 | $5,000 | $5,000 | $0 |
| 2017 | $133 | $5,000 | $5,000 | $0 |
| 2016 | $133 | $5,000 | $5,000 | $0 |
| 2015 | $132 | $5,000 | $5,000 | $0 |
| 2014 | $132 | $5,000 | $5,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Shawna King
-
Sarfaraz Hansraj
Buyer's Agent in 2020
Sarfaraz Hansraj
TEXAS ALLIANCE REAL ESTATE
(682) 235-7311
2 in this area
82 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 14339321
APN: 01694448
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Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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