C
Seller's Agent in 2025
Cindy Rangel
Billington Real Estate
(806) 292-4702
66 Total Sales
Estimated Value: $999,998
High-Occupancy Investment Property
Village Apartments - A Profitable 20-Unit Complex
This solid investment features five brick buildings, each housing four spacious 2-bedroom apartments in a peaceful community. Recent updates include new central heat & air in 16 units, a new backyard fence, and new steel doors and storm doors in all units. Half of the apartments have been upgraded with vinyl flooring, 6 new stoves, 3 new fridges and fresh paint. Exterior painting is complete. 97.71% occupancy over the past year makes this a rare and lucrative opportunity!
Last Agent to Sell the Property
Billington Real Estate License #0714010 Listed on: 02/19/2025
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/17/2025 09/17/25 | Sold | -- | -- | -- |
| 07/14/2025 07/14/25 | Pending | -- | -- | -- |
| 04/09/2025 04/09/25 | Price Changed | $999,998 | +900.0% | $66 / Sq Ft |
| 04/09/2025 04/09/25 | Price Changed | $99,998 | -91.7% | $7 / Sq Ft |
| 02/19/2025 02/19/25 | For Sale | $1,200,000 | -- | $79 / Sq Ft |
| 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 | $4,160 | $166,799 | $4,410 | $162,389 |
| 2024 | $3,573 | $127,970 | $4,410 | $123,560 |
| 2023 | $3,458 | $127,970 | $4,410 | $123,560 |
| 2022 | $3,433 | $122,138 | $4,410 | $117,728 |
| 2021 | $3,014 | $106,325 | $4,410 | $101,915 |
| 2020 | $2,695 | $106,325 | $4,410 | $101,915 |
| 2019 | $2,595 | $99,651 | $4,410 | $95,241 |
| 2018 | $2,236 | $93,030 | $4,410 | $88,620 |
| 2017 | $2,153 | $93,030 | $4,410 | $88,620 |
| 2016 | $2,018 | $93,030 | $4,410 | $88,620 |
| 2015 | -- | $85,958 | $4,410 | $81,548 |
| 2014 | -- | $82,326 | $4,410 | $77,916 |
C
Seller's Agent in 2025
Cindy Rangel
Billington Real Estate
(806) 292-4702
66 Total Sales
Source: Plainview Association of REALTORS®
MLS Number: 25-58