NOT LISTED FOR SALE

3000 W Sycamore Cir Euless, TX 76040

Estimated Value: $582,000 - $686,000

2 Beds
1.5 Baths
4,200 Sq Ft
$149/Sq Ft Est. Value

Last Sold February 03, 2021

Current estimated payment $4,442/month

1 Day on Market

Highlights

  • Interior Lot
  • Patio
  • Central Heating and Cooling System
  • Bell Manor Elementary School Rated A
  • Landscaped
  • High Speed Internet

About This Home

As of February 2021

This portfolio consists of two fully leased 4-plexes located within a community of 17 4-plexes equipped with on-site management. The roof on both buildings were replaced in 2011. All units are approx. 1,050 SF, comprised of 2 bedrooms, 1 ½ baths with both bedrooms upstairs, family room with fireplace and kitchen downstairs. Each unit comes with a stove, microwave, refrigerator, DW, full-size W-D hookups, and fenced back patios. Each unit contains a wood burning fireplace in the living room, central air, and gas hot water heater. The on-site management covers CAM, filling vacancies, rent collection, etc.

Last Agent to Sell the Property

Jose Thankachan

Beam Real Estate, LLC License #0528492 Listed on: 01/18/2021

Beam Real Estate, LLC

Last Buyer's Agent

Raquel Payne

HOME SIMPLE OF TEXAS, INC License #0709149

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,752

Year Built

  • Built in 1984

Lot Details

  • 0.28 Acre Lot
  • Wood Fence
  • Landscaped
  • Interior Lot
  • Sprinkler System
  • Few Trees

HOA Fees

  • $350 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property
  • Brick Fireplace
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 8 Parking Spaces
  • Open Parking
  • Assigned Parking

Outdoor Features

  • Patio

Schools

  • Bellmanor Elementary School
  • Central Middle School
  • Trinity High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include maintenance structure
  • 4,200 Sq Ft Building
  • Sycamore Square Townhomes HOA, Phone Number (830) 445-9825
  • Sycamore Square Euless Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 15 / 1
  • Assessor Parcel Number 05128269
  • $9,208 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,752

Year Built

Built in 1984

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: Two
  • Security: Fire Alarm, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 61402
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 109.52381
  • Special Features: None
  • Year Built: 1984

Interior Features

  • Square Footage: 4200.00
  • Fireplace Features: Brick
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Disposal, Electric Range, Plumbed for Ice Maker, Refrigerator

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick
  • Patio And Porch Features: Patio

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 8
  • Parking Features: Assigned, Open
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water, Concrete

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure
  • Complex Name: Sycamore Square TH's
  • Association Fee: 350
  • Association Fee Frequency: Monthly
  • Association Type: Mandatory
  • Hoa Management Company: Sycamore Square Townhomes
  • HOA Management Company: 8304459825

Schools

  • School District: Hurst-Euless-Bedford ISD
  • Elementary School: Bellmanor
  • Junior High School: Central
  • High School: Trinity

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Few Trees, Interior Lot, Landscaped, Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 0.2760
  • Parcel Number: 05128269
  • Lot Size Acres: 0.2760
  • Lot Size Sq Ft: 12022.5600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1984
  • Units Total: 4

Multi Family

  • Gross Annual Expenses: 30734.00
  • Gross Annual Income: 92136.00
  • Insurance Expense: 3918
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 9208
  • TaxBlock: 1
  • Tax Lot: 15

MLS Schools

  • MiddleOrJuniorSchool: Central
  • Elementary School Name: Bellmanor
  • High School Name: Trinity

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2022
Sold by
Hiltex Properties Llc
Bought by
Mdmv Llc
Current Estimated Value
$626,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$629,933
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
-$3,377

Purchase Details

Listed on
Jan 18, 2021
Closed on
Feb 2, 2021
Sold by
Selux Llc
Bought by
Hiltex Properties Llc
Seller's Agent
Jose Thankachan
Beam Real Estate, LLC
Buyer's Agent
Raquel Payne
HOME SIMPLE OF TEXAS, INC
List Price
$460,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%

Purchase Details

Closed on
Aug 27, 2010
Sold by
Seiver Martha Grimm and Seiver John D
Bought by
Perumandla Aravind and Pilli Sadguna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,350
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2005
Sold by
Eberlein Kyle
Bought by
Seiver John D and Seiver Martha Grimm

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2004
Sold by
Sycamore Circle 8 Lp
Bought by
Eberlein Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,988
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 1996
Sold by
Bwy Partnership
Bought by
Sycamore Circle 8 Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,100
Interest Rate
7.19%
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 Buyer Sale Price Title Company
Mdmv Llc -- Silver Star Title
Hiltex Properties Llc -- Chicago Title Company
Perumandla Aravind -- Stnt
Seiver John D -- --
Eberlein Kyle -- Chicago Title Insurance Co
Sycamore Circle 8 Ltd Partnership -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mdmv Llc $650,000
Previous Owner Perumandla Aravind $145,350
Previous Owner Seiver John D $176,000
Previous Owner Eberlein Kyle $158,988
Previous Owner Sycamore Circle 8 Ltd Partnership $68,100
Closed Eberlein Kyle $19,873
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2021 02/03/21 Sold -- -- --
01/19/2021 01/19/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $460,000 -- $110 / 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 $9,752 $426,242 $35,000 $391,242
2024 $9,752 $513,854 $35,000 $478,854
2023 $8,662 $460,775 $35,000 $425,775
2022 $9,917 $461,618 $35,000 $426,618
2021 $10,460 $465,086 $35,000 $430,086
2020 $9,299 $409,430 $16,000 $393,430
2019 $7,481 $321,059 $16,000 $305,059
2018 $6,738 $289,193 $16,000 $273,193
2017 $6,782 $282,000 $18,000 $264,000
2016 $5,891 $244,940 $18,000 $226,940
2015 $5,442 $219,100 $18,000 $201,100
2014 $5,442 $219,100 $18,000 $201,100
Source: Public Records

Agents Affiliated with this Home

  • Jose Thankachan

    Seller's Agent in 2021

    Jose Thankachan

    Beam Real Estate, LLC

    (325) 829-0407

    2 in this area

    36 Total Sales

    Jose Thankachan
    Section Image

  • R

    Buyer's Agent in 2021

    Raquel Payne

    HOME SIMPLE OF TEXAS, INC

    (817) 600-5215

    2 in this area

    46 Total Sales

    Raquel Payne
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14500795

North Texas Real Estate Information Systems (NTREIS)

APN: 05128269

Texas Tarrant County Euless 76040

3000 W Sycamore Cir, Euless, TX

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