NOT LISTED FOR SALE

225 Quail St van, TX 75790

-- Bed
-- Bath
48,000 Sq Ft
0.93 Acres

Last Sold January 24, 2022

2 Days on Market

Highlights

  • Ceramic Tile Flooring
  • 1-Story Property
  • Central Heating and Cooling System
  • Rhodes Elementary School Rated A

About This Home

As of January 2022

Amazing multi family investment. This property has been beautifully maintained, 2 of the 4 unit have been renovated in the last year. Brand new Roof, and 3 of the 4 AC's have been replaced in the last few years. wonderful long term renters. The rental rates are very generous to the rents and can be raised significantly. Add this property to your portfolio.

Last Agent to Sell the Property

Laura Hooker

Leslie Cain Realty License #0686991 Listed on: 10/22/2021

Last Buyer's Agent

Non-NTREIS MLS Licensee

NON MLS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1998

Lot Details

  • 0.93 Acre Lot
  • Chain Link Fence

Home Design

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

Interior Spaces

  • 48,000 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 8 Car Garage
  • Front Facing Garage

Schools

  • Rhodes Elementary School
  • Van Middle School
  • Van High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • 48,000 Sq Ft Building
  • J Walling Svy Subdivision

Listing and Financial Details

  • Assessor Parcel Number R000103035
  • $6,139 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 30864
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 9.37500
  • Special Features: None
  • Year Built: 1998

Interior Features

  • Square Footage: 48000.00
  • Interior Amenities: Other
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Appliances: Dishwasher, Electric Range

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Chain Link
  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 8
  • Parking Features: Garage Faces Front
  • GarageYN: No

Utilities

  • Heating: Central, Natural Gas
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Complex Name: J Walling Svy
  • Association Type: None

Schools

  • School District: Van ISD
  • Elementary School: Rhodes
  • Intermediate School: Van
  • High School: Van

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.9300
  • Parcel Number: R000103035
  • Lot Size Acres: 0.9300
  • Lot Size Sq Ft: 40510.8000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1998
  • Units Total: 4

Multi Family

  • Gross Annual Expenses: 2640.00
  • Gross Annual Income: 42180.00
  • Insurance Expense: 2544
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 6139

MLS Schools

  • MiddleOrJuniorSchool: Van
  • Middle School Name: Van
  • Elementary School Name: Rhodes
  • High School Name: Van

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

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2022 01/24/22 Sold -- -- --
10/24/2021 10/24/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $450,000 -- $9 / 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 $10,206 $486,000 $55,700 $430,300
2024 $10,206 $570,710 $50,640 $520,070
2023 $8,594 $543,320 $23,250 $520,070
2022 $8,834 $350,000 $27,250 $322,750
2021 $6,477 $236,250 $19,720 $216,530
2020 $6,060 $213,780 $19,720 $194,060
2019 $6,971 $233,370 $18,970 $214,400
2018 $6,220 $207,170 $10,970 $196,200
2017 $6,102 $209,890 $10,970 $198,920
2016 $5,153 $179,740 $26,970 $152,770
2015 $5,333 $179,740 $26,970 $152,770
2014 $5,107 $182,330 $26,040 $156,290
Source: Public Records

Agents Affiliated with this Home

  • Laura Hooker

    Seller's Agent in 2022

    Laura Hooker

    Leslie Cain Realty

    (214) 454-6998

    8 in this area

    269 Total Sales

    Laura Hooker
    Section Image

  • N

    Buyer's Agent in 2022

    Non-NTREIS MLS Licensee

    NON MLS

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14696317

North Texas Real Estate Information Systems (NTREIS)

APN: 064.0891.5390.0003.0000

Texas Van Zandt County Van 75790

225 Quail St, Van, TX

Not Listed for Sale

MultiFamily

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