NOT LISTED FOR SALE

2801 Wheeler St Waco, TX 76705

Estimated Value: $140,000 - $217,000

2 Beds
2 Baths
2,418 Sq Ft
$69/Sq Ft Est. Value

Last Sold November 19, 2020

Current estimated payment $1,112/month

About This Home

As of November 2020

Investment property 6 Units. Property will only be sold all together with Mclennan Cad Property # 125646 Property is on 2 separate deeds. Major renovations needed. House and One apt currently have tenants. Units include one independent house, one duplex, one mobile home and a set of efficiency apartments. Buyer should do due diligence and verify all information and check with City of Bellmead on all renovations needed.

Last Agent to Sell the Property

Robyn Wilbanks

Central Realty License #0480949 Listed on: 10/23/2020

Last Buyer's Agent

Robyn Wilbanks

Central Realty License #0480949 Listed on: 10/23/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,464

Year Built

  • Built in 1948

Lot Details

  • 8,843

Home Design

  • Frame Construction
  • Composition Roof

Outdoor Features

  • Covered Patio or Porch

Community Details

  • 6 Units
  • 2,418 Sq Ft Building
  • Scott Cecil C Subdivision

Listing and Financial Details

  • Tenant pays for electricity, trash collection, sewer, water
  • Assessor Parcel Number 125645
  • Tax Block 2
  • $1,594 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,464

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Ratio Current Price By Building: 38.87510
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Features: None
  • Appliances: None
  • Appliances: Yes

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame
  • Exterior Features: Covered Patio/Porch
  • Waterfront: No
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Parking Features: See Remarks
  • OpenParkingYN: No

Utilities

  • Utilities: Sewer Available

Schools

  • School District: La Vega ISD
  • School District: La Vega ISD

Lot Info

  • Parcel Number: 125645
  • Zoning Description: R-B2

Rental Info

  • Lease Term: Negotiable
  • Tenant Pays: Electricity, Trash Collection, Sewer, Water

Building Info

  • Year Built: 1948
  • Units Total: 6

Tax Info

  • Unexempt Taxes: 1594
  • TaxBlock: 2

Multi Family

  • Unit Count: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2023
Sold by
Bly Susan Camille
Bought by
Shellborn Holdings Llc
Total Days on Market
0
Current Estimated Value
$166,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$123,597
Interest Rate
6.6%
Mortgage Type
Construction
Estimated Equity
$42,537

Purchase Details

Listed on
Oct 23, 2020
Closed on
Nov 18, 2020
Sold by
Poston Kevin and Poston Kevin Ray
Bought by
Plata Eustaquia Espinoza and Plata Jesus Venegas
Seller's Agent
Robyn Wilbanks
Central Realty
Buyer's Agent
Robyn Wilbanks
Central Realty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.65%

Purchase Details

Closed on
May 14, 2014
Sold by
Poston Barbara and Poston Ronnie
Bought by
Poston Kevin

Purchase Details

Closed on
Nov 20, 2009
Sold by
Norris Jay
Bought by
Poston Douglas and Poston Wanda G

Purchase Details

Closed on
Jan 28, 2005
Sold by
Corley Thomas D
Bought by
Frost Evelyn Jewel
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shellborn Holdings Llc -- None Listed On Document
Plata Eustaquia Espinoza -- None Available
Poston Kevin -- None Available
Poston Douglas -- Home Abstract & Title Co
Frost Evelyn Jewel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shellborn Holdings Llc $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2020 11/19/20 Sold -- -- --
10/23/2020 10/23/20 Pending -- -- --
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 $2,464 $120,190 $17,160 $103,030
2023 $1,859 $103,930 $17,160 $86,770
2022 $1,851 $91,340 $14,940 $76,400
2021 $1,802 $78,470 $13,620 $64,850
2020 $1,541 $67,500 $13,110 $54,390
2019 $1,638 $69,800 $12,560 $57,240
2018 $1,691 $71,360 $11,920 $59,440
2017 $1,579 $65,770 $9,470 $56,300
2016 $1,579 $65,770 $9,280 $56,490
2015 $1,466 $60,000 $9,100 $50,900
2014 $1,466 $59,880 $8,920 $50,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 194416

North Texas Real Estate Information Systems (NTREIS)

APN: 28-043000-001900-6