NOT LISTED FOR SALE

Estimated Value: $636,000 - $772,000

2 Beds
1.5 Baths
3,878 Sq Ft
$186/Sq Ft Est. Value

Last Sold November 30, 2021

Current estimated payment $4,750/month

26 Days on Market

Highlights

  • Deck
  • 4 Fireplaces
  • Cul-De-Sac
  • Keller-Harvel Elementary School Rated A
  • Covered Patio or Porch
  • Interior Lot

About This Home

As of November 2021

A fantastic income generating fourplex with a new roof, new wood trim, new gutters, new fence with an updated new look. There are 4 townhome units that are 2 bedroom and 1.5 baths. Each townhome has its own backyard. This building is located in a cul-de-sac, on an oversized lot, next to Keller High School. The property is 100% leased and occupied. Photos of interior units can be viewed on Zillow of units A,B,C and D.

Last Agent to Sell the Property

Karla Saucedo

New Monarch Real Estate Group License #0527858 Listed on: 10/01/2021

Last Buyer's Agent

Lucia Rushton

eXp Realty LLC License #0712213

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,815

Year Built

  • Built in 1984

Lot Details

  • 1,612 Sq Ft Lot
  • Cul-De-Sac
  • Wood Fence
  • Interior Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,878 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 8 Parking Spaces
  • Common or Shared Parking
  • Open Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Kellerharv Elementary School
  • Keller Middle School
  • Keller High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Community Details

  • 3,878 Sq Ft Building
  • Meadowlands Addition Subdivision

Listing and Financial Details

  • Legal Lot and Block 39 / 3
  • Assessor Parcel Number 05073162

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,815

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: Two
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 43564
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Lake Pump Y N: No
  • Ratio Current Price By Building: 168.90150
  • Special Features: None
  • Year Built: 1984

Interior Features

  • Square Footage: 3878.00
  • Fireplace Features: Wood Burning
  • Interior Amenities: High Speed Internet Available
  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
  • Fireplaces: 4

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch, Rain Gutters
  • Waterfront: No
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Number Of Parking Spaces: 8
  • Parking Features: Common, Open
  • GarageYN: No

Utilities

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

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Keller ISD
  • Elementary School: Kellerharv
  • Middle School: Keller
  • High School: Keller
  • School District: Keller ISD
  • Elementary School: Kellerharv
  • High School: Keller

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Cul-De-Sac, Interior Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.0370
  • Parcel Number: 05073162
  • Lot Size Acres: 0.0370
  • Lot Size Sq Ft: 1611.7200
  • Assessor Parcel Number 2: 25570339

Green Features

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

Building Info

  • Year Built: 1984
  • Units Total: 4
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 6231.00
  • Gross Annual Income: 51960.00
  • Insurance Expense: 2165

Tax Info

  • Special Taxing Entities: No
  • TaxBlock: 3
  • Tax Lot: 39

MLS Schools

  • MiddleOrJuniorSchool: Keller
  • Middle School Name: Keller
  • Elementary School Name: Kellerharv
  • High School Name: Keller

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2022
Sold by
Patel Sarina B
Bought by
Pate Orr Llc
Current Estimated Value
$722,333

Purchase Details

Listed on
Oct 1, 2021
Closed on
Nov 29, 2021
Sold by
Shoop Thomas B and Shoop Jean D
Bought by
Patel Sarina B and Patel Chirag R
Seller's Agent
Karla Saucedo
New Monarch Real Estate Group
Buyer's Agent
Lucia Rushton
eXp Realty LLC
List Price
$685,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.72%
Original Mortgage
$455,000
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2004
Sold by
Shoop Thomas B and Shoop Jean D
Bought by
Shoop Thomas B and Shoop Jean D

Purchase Details

Closed on
Apr 21, 1999
Sold by
Land Christopher Edward
Bought by
Shoop Thomas B and Shoop Jean D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Pate Orr Llc -- --
Patel Sarina B -- Republic Title Of Tx
Shoop Thomas B -- --
Shoop Thomas B -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Sarina $468,000
Previous Owner Patel Sarina B $455,000
Previous Owner Shoop Thomas B $196,000
Previous Owner Shoop Thomas B $130,000
Previous Owner Shoop Thomas B $131,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold -- -- --
10/27/2021 10/27/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $685,000 -- $177 / 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
2025 $10,815 $520,000 $80,000 $440,000
2024 $10,815 $581,889 $80,000 $501,889
2023 $12,378 $651,225 $80,000 $571,225
2022 $13,631 $617,908 $42,000 $575,908
2021 $6,231 $262,000 $42,000 $220,000
2020 $6,280 $262,000 $42,000 $220,000
2019 $6,788 $269,625 $42,000 $227,625
2018 $6,713 $266,641 $42,000 $224,641
2017 $6,916 $268,410 $42,000 $226,410
2016 $6,197 $240,507 $42,000 $198,507
2015 $5,499 $210,000 $21,000 $189,000
2014 $5,499 $210,000 $21,000 $189,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14682184

North Texas Real Estate Information Systems (NTREIS)

APN: 05073162