D
Seller's Agent in 2021
Diane Alexander
ALEX
Estimated Value: $202,000 - $597,000
5 homes plus 2 garage apartments totaling 7,297 net rentable SF. Actual 8 CAP. All units within 2 MI of Baylor Scott and White. 100 percent rented. All tenants long term. All month to month. No rent increases in several years. All utilities paid by tenants. Opportunity to improve cash flow, income and CAP with moderate rent increases. Any or all properties appear to be excellent flip potential. All zoned either SF-2 or SF-3. All in Temple ISD. All in Temple City Limits. None in flood zones. Sold ONLY as a package.
Investment Profile: $46,367 Net Operating Income. $17,313 Net Cash Flow. 7.99% CAP rate. 11.25% 1st year cash-on-cash. 1.60 Debt Service Coverage Ratio. Very low risk of market decline for all properties. Valuation increase projections for 2826 Bowie & 2910 San Jacinto: 3.2% 1 year trend and 7.4% 3 year trend. Valuation increase projections for 119 S 23rd ST, 815 S 23rd, 902 S 27th, 902½ and 904 S 27th: 4.7% 1 year trend and 11.3% 3 year trend.
Last Agent to Sell the Property
Diane Alexander
ALEX License #0574877 Listed on: 02/18/2020
Last Buyer's Agent
Nonmls
Houston Association of REALTORS
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Laughlin Real Estate Management Llc | -- | None Available | |
Laughlin Ed L | -- | Fct |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Boyd Kevin A | $69,589 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/26/2021 02/26/21 | Sold | -- | -- | -- |
01/27/2021 01/27/21 | Pending | -- | -- | -- |
02/18/2020 02/18/20 | For Sale | $580,651 | -- | $80 / 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 |
---|---|---|---|---|
2024 | $4,814 | $205,850 | $28,000 | $177,850 |
2023 | $4,514 | $196,904 | $20,000 | $176,904 |
2022 | $3,887 | $162,337 | $15,000 | $147,337 |
2021 | $3,424 | $133,428 | $6,075 | $127,353 |
2020 | $3,029 | $112,897 | $6,075 | $106,822 |
2019 | $2,972 | $108,749 | $6,075 | $102,674 |
2018 | $2,680 | $97,224 | $6,075 | $91,149 |
2017 | $2,569 | $93,847 | $6,075 | $87,772 |
2016 | $2,345 | $85,638 | $6,075 | $79,563 |
2015 | $2,203 | $85,046 | $6,075 | $78,971 |
2014 | $2,203 | $83,740 | $0 | $0 |
D
Seller's Agent in 2021
Diane Alexander
ALEX
N
Buyer's Agent in 2021
Nonmls
Houston Association of REALTORS
Source: Houston Association of REALTORS®
MLS Number: 998066
APN: 110065