NOT LISTED FOR SALE

207 Pate Orr Rd N Keller, TX 76248

Bear Creek Park Neighborhood

Estimated Value: $736,000 - $771,000

8 Beds
8 Baths
-- Sq Ft
0.46 Acres Lot

Sale Details

Date Sold: October 4, 2024

Current estimated payment $4,999 / mo

10 Days on Market

Highlights

  • 0.46 Acre Lot
  • 4 Fireplaces
  • Cul-De-Sac
  • Keller-Harvel Elementary School Rated A
  • Private Yard
  • Ceramic Tile Flooring

About This Home

As of October 2024

Here is a rare opportunity to buy an income generating fourplex in Keller. All units are leased. Roof replaced in 2021. There are 4 townhome units that are 2 bedrooms and 1.5 baths. Each townhome has its own backyard. The building is located on a spacious cul-de-sac lot (.456 acres) with his own designated parking lot. Tenants pay all utilities.

Last Agent to Sell the Property

Karla Saucedo

New Monarch Real Estate Group Brokerage Phone: 310-467-2125 License #0527858 Listed on: 08/16/2024

Last Buyer's Agent

Harrison Sharp

BK Real Estate License #0735232

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 19,863 Sq Ft Lot
  • Cul-De-Sac
  • Wood Fence
  • Private Yard

Home Design

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

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

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

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 4 Units
  • 3,878 Sq Ft Building
  • Meadowlands Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 39 / 3
  • Assessor Parcel Number 05073162
  • $12,378 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0.46 Acres

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: 43934
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Horse Permitted Y N: No
  • Ratio Current Price By Building: 192.10933
  • Attribution Contact: 310-467-2125
  • Special Features: None
  • Year Built: 1984

Interior Features

  • Fireplace Features: Wood Burning
  • Interior Amenities: High Speed Internet Available
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Refrigerator
  • Basement YN: No
  • Fireplaces: 4

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick, Siding
  • Exterior Features: Private Yard
  • Waterfront: No

Garage/Parking

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

Utilities

  • Heating: Electric
  • Utilities: Cable Available, City Sewer, City Water

Condo/Co-op/Association

  • Complex Name: No Name
  • Association Type: None

Schools

  • School District: Keller ISD
  • Elementary School: Kellerharv

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Cul-De-Sac
  • Lot Size Units: Acres
  • Lot Size Area: 0.4560
  • Parcel Number: 05073162
  • Lot Size Acres: 0.4560
  • Lot Size Sq Ft: 19863.3600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

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

Multi Family

  • Gross Annual Expenses: 15766.00
  • Gross Annual Income: 59700.00
  • Insurance Expense: 3775
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 12378
  • TaxBlock: 3
  • Tax Lot: 39

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Oct 4, 2024
Sold by
Sliwa George and Sliwa Lucy
Bought by
Houston Ballast 1 Llc
Seller's Agent
Karla Saucedo
New Monarch Real Estate Group
Buyer's Agent
Harrison Sharp
BK Real Estate
List Price
$770,000
Views
45
Current Estimated Value
$754,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.82%
Original Mortgage
$521,500
Outstanding Balance
$516,131
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$238,276

Purchase Details

Closed on
Nov 10, 2008
Sold by
Sliwa George
Bought by
Sliwa George and Sliwa Lucy

Purchase Details

Closed on
Jun 18, 2005
Sold by
Campana Lopez Florentino
Bought by
Campana Lopez Florentino and Campana Laureen G

Purchase Details

Closed on
Nov 24, 2004
Sold by
Parham Graham W and Parham Jami D
Bought by
Campana Lopez Florentino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2004
Sold by
Parham Graham W and Parham Jami
Bought by
G & G Golden Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2004
Sold by
Nemitz John R and Nemitz Jeanne K
Bought by
Parham Graham W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 1996
Sold by
Stevens John R and Stevens Amy N
Bought by
Nemitz John R and Nemits Jeanne K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,800
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Houston Ballast 1 Llc -- Fair Texas Title
Sliwa George -- None Available
Sliwa George -- None Available
Campana Lopez Florentino -- --
Campana Lopez Florentino -- Alamo Title Company
Parham Graham W -- Alamo Title Company
G & G Golden Lp -- American Title Co-Mesquite
Parham Graham W -- Alamo Trin Western Title Co
Nemitz John R -- Southwest Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houston Ballast 1 Llc $521,500
Previous Owner Campana Lopez Florentino $184,000
Previous Owner Parham Graham W $164,800
Previous Owner Nemitz John R $120,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2024 10/04/24 Sold -- -- --
08/27/2024 08/27/24 Pending -- -- --
08/23/2024 08/23/24 Price Changed $745,000 -3.2% --
08/16/2024 08/16/24 For Sale $770,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

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 $11,991 $646,543 $80,000 $566,543
2024 $11,991 $646,543 $80,000 $566,543
2023 $11,991 $630,902 $80,000 $550,902
2022 $13,236 $600,000 $42,000 $558,000
2021 $6,347 $266,863 $42,000 $224,863
2020 $6,440 $268,677 $42,000 $226,677
2019 $6,788 $269,625 $42,000 $227,625
2018 $6,121 $243,111 $42,000 $201,111
2017 $6,264 $243,111 $42,000 $201,111
2016 $6,197 $240,507 $42,000 $198,507
2015 $5,599 $213,800 $21,000 $192,800
2014 $5,599 $213,800 $21,000 $192,800
Source: Public Records

Agents Affiliated with this Home

  • Karla Saucedo

    Seller's Agent in 2024

    Karla Saucedo

    New Monarch Real Estate Group

    3 in this area

    25 Total Sales

    Karla Saucedo
    Section Image
  • Harrison Sharp

    Buyer's Agent in 2024

    Harrison Sharp

    BK Real Estate

    (214) 319-8760

    2 in this area

    348 Total Sales

    Harrison Sharp
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20704560

North Texas Real Estate Information Systems (NTREIS)

APN: 05073170

Texas Tarrant County Keller 76248 Bear Creek Park

207 Pate Orr Rd N, Keller, TX

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