$300,000
SOLD AUG 28, 2020
Last list price
2 Beds
2 Baths
1,422 Sq Ft
7,144 Sq Ft Lot

Recently Sold

$211 Per Sq Ft

123 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • 1 Car Attached Garage
  • Tanglewood Elementary School Rated A-
  • Covered Patio or Porch
  • Interior Lot

About This Home

As of May 2025

PRICE REDUCED!! INVESTORS THIS TCU AREA HOME IS ZONED MULTIFALMILY WITH TARRANT APPRAISAL DISTRICT AND HAS BEEN RENTED AS A DUPLEX FOR DECADES. Keep and update or tear down and build from scratch. Located within walking distance of the TCU campus. Original hardwood floors and built-ins. Large backyard. Could be converted back to a single family home. Priced below TAD value for a quick sale. Side carport.

Last Agent to Sell the Property

Pat Safian

Compass RE Texas, LLC License #0492329 Listed on: 03/03/2020

Compass RE Texas, LLC

Last Buyer's Agent

Spencer Perry

Williams Trew Real Estate License #0506631

Williams Trew Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,985

Year Built

  • Built in 1923

Lot Details

  • 7,144 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Interior Lot
  • Few Trees
  • Large Grassy Backyard

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1,422 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Plumbed For Gas In Kitchen
  • Gas Cooktop

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Tanglewood Elementary School
  • Mclean Middle School
  • Mclean 6Th Middle School
  • Paschal High School

Utilities

  • Window Unit Cooling System
  • Overhead Utilities
  • Individual Gas Meter
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Covered Patio or Porch

Community Details

  • 1,422 Sq Ft Building
  • University Place Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / 11
  • Assessor Parcel Number 03225232
  • $7,889 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,985

Year Built

Built in 1923

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: 7098
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 168.77637
  • Special Features: None
  • Year Built: 1923

Interior Features

  • Square Footage: 1422.00
  • Fireplace Features: Other
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Laminate, Wood
  • Appliances: Gas Cooktop, Gas Range, Plumbed For Gas in Kitchen, Refrigerator, Gas Water Heater
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Chain Link, Wood
  • Roof: Composition
  • Construction Materials: Brick, Wood
  • Exterior Features: Covered Patio/Porch
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s), Other, Window Unit(s)
  • Number Of Parking Spaces: 1
  • Parking Features: Covered
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Other
  • Utilities: Asphalt, City Sewer, City Water, Individual Gas Meter, Individual Water Meter, Overhead Utilities, Sidewalk

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Fort Worth ISD
  • Elementary School: Tanglewood
  • Middle School: Mclean
  • High School: Paschal
  • School District: Fort Worth ISD
  • Elementary School: Tanglewood
  • Intermediate School: Mclean 6Th
  • High School: Paschal

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees, Interior Lot, Lrg. Backyard Grass, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.1640
  • Lot Size: 7150
  • Parcel Number: 03225232
  • Lot Size Acres: 0.1640
  • Lot Size Sq Ft: 7143.8400

Green Features

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

Building Info

  • Year Built: 1923
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 8602.00
  • Gross Annual Income: 17400.00
  • Insurance Expense: 1700
  • Tenancy: Month to Month
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 7889
  • TaxBlock: 11
  • Tax Lot: 11

MLS Schools

  • MiddleOrJuniorSchool: Mclean
  • Middle School Name: Mclean
  • Elementary School Name: Tanglewood
  • High School Name: Paschal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2022
Sold by
Sitio Management Llc
Bought by
Vertical Mark Llc
Current Estimated Value
$623,341

Purchase Details

Listed on
Oct 6, 2021
Closed on
Jan 31, 2022
Sold by
Gill Taylor C
Bought by
Sitio Management Llc
Seller's Agent
Spencer Perry
Williams Trew Real Estate
Buyer's Agent
Jessica Harrison
Compass RE Texas, LLC
List Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.45%

Purchase Details

Listed on
Mar 3, 2020
Closed on
Aug 28, 2020
Sold by
Allen Hong Sang Law
Bought by
Gill Taylor C
Seller's Agent
Pat Safian
Compass RE Texas, LLC
Buyer's Agent
Spencer Perry
Williams Trew Real Estate
List Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.16%
Original Mortgage
$231,600
Interest Rate
3%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed -- Mcknight Title
Warranty Deed -- Mcknight Title
Warranty Deed -- Mcknight Title
Vendors Lien -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 New Conventional
Previous Owner $231,600 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Sold -- -- --
04/13/2025 04/13/25 Pending -- -- --
03/03/2025 03/03/25 Price Changed $625,000 -11.3% $440 / Sq Ft
01/20/2025 01/20/25 For Sale $705,000 +83.1% $496 / Sq Ft
01/31/2022 01/31/22 Sold -- -- --
01/04/2022 01/04/22 Price Changed $385,000 -3.8% $271 / Sq Ft
10/06/2021 10/06/21 For Sale $400,000 +48.1% $281 / Sq Ft
08/28/2020 08/28/20 Sold -- -- --
07/04/2020 07/04/20 Pending -- -- --
07/01/2020 07/01/20 Price Changed $270,000 -3.6% $190 / Sq Ft
06/10/2020 06/10/20 Price Changed $280,000 -3.4% $197 / Sq Ft
05/27/2020 05/27/20 Price Changed $290,000 -1.7% $204 / Sq Ft
05/19/2020 05/19/20 Price Changed $295,000 -1.7% $207 / Sq Ft
03/03/2020 03/03/20 For Sale $300,000 -- $211 / 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
2024 $5,985 $266,746 $143,000 $123,746
2023 $8,125 $359,076 $286,000 $73,076
2022 $9,147 $351,849 $275,000 $76,849
2021 $8,339 $304,000 $275,000 $29,000
2020 $8,046 $304,000 $275,000 $29,000
2019 $8,940 $325,000 $275,000 $50,000
2018 $7,782 $282,881 $245,000 $37,881
2017 $8,025 $283,272 $245,000 $38,272
2016 $7,286 $257,182 $245,000 $12,182
2015 $4,695 $165,400 $139,000 $26,400
2014 $4,695 $165,400 $139,000 $26,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14295495

North Texas Real Estate Information Systems (NTREIS)

APN: 03225232