$700,000

301 W Chestnut St Unit 1-3 Kaufman, TX 75142

Estimated payment $4,566/month

Total Views 3,345
10 Beds
7 Baths
2,291 Sq Ft
$306 Price per Sq Ft

Highlights

  • Covered patio or porch
  • 1-Story Property
  • Wall Furnace
  • Direct Access Garage
  • Vinyl Plank Flooring

About This Home

Great residual income opportunity. Listing includes 300 W South St Address, 2 PARCELS. 7 Units 100% Tenancy. 1- Triplex with 2 beds and 1 bath each unit. 1- Quadruplex with 1 bed and 1 bath each unit. triplex and quadruplex connect via a large parking lot that is just outside each units back door. 4 of 7 units fully upgraded, all units have electric upgrades, rents ready for increases for most units. Each unit has parking and a front porch or small front yard. Once occupied units rarely become available. Most tenants have lived here for 3 plus years. Call me for an appointment to show.

Listing Agent

Michelle Mikhail

Fathom Realty LLC Brokerage Phone: 888-455-6040 License #0681749 Listed on: 03/28/2025

Fathom Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,862

Year Built

  • Built in 1980

Home Design

  • Triplex
  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Vinyl Plank Flooring
  • Fire and Smoke Detector
  • Electric Range

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Full Bathrooms

Parking

  • Direct Access Garage
  • 7 Carport Spaces
  • Common or Shared Parking
  • Driveway
  • Parking Lot

Schools

  • Lucille Nash Elementary School
  • Kaufman High School

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • 0.27 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 28622
  • Tax Block 47

Community Details

Overview

  • 2 Buildings
  • 7 Units
  • 2,291 Sq Ft Building
  • Kaufman Original Subdivision

Building Details

  • Gross Income $71,700
  • Net Operating Income $58,512

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,862

Year Built

Built in 1980

Lot Details

0

Listing Details

  • OWNERNAME: SEE TAX ROLL
  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Attribution Contact: 888-455-6040
  • CapRate: 8.36
  • Co List Office Mls Id: FATH02
  • Special Features: VirtualTour
  • Year Built: 1980

Interior Features

  • Windows: Window Coverings
  • Interior Amenities: Cable TV
  • Flooring: Vinyl
  • Appliances: Electric Range, Electric Water Heater
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 7
  • Total Bedrooms: 10

Exterior Features

  • Foundation: Slab
  • Roof: Metal
  • Construction Materials: Brick
  • Pool Features: None
  • Patio And Porch Features: Covered, Front Porch
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Window Unit(s)
  • Carport Spaces: 7.0
  • Parking Features: Asphalt, Common, Direct Access, Parking Lot
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Wall Furnace
  • Utilities: Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Lucille Nash
  • High School: Kaufman
  • Junior High Dist: Kaufman ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.27
  • Lot Size: 11779
  • Parcel Number: 28622
  • Lot Size Acres: 0.27
  • Lot Size Sq Ft: 11761.2

Building Info

  • Year Built: 1980
  • Units Total: 7
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 6528.0
  • Annual Gross Income: 71700.0
  • Property Net Operating Income: 58512.0

Tax Info

  • TaxBlock: 47
  • Tax Annual Amount: 7862.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,042 $158,903 $17,700 $141,203
2023 $3,832 $161,880 $17,700 $144,180
2022 $3,557 $138,393 $17,700 $120,693
2021 $3,987 $144,820 $17,700 $127,120
2020 $4,241 $154,060 $17,700 $136,360
2019 $4,095 $128,950 $11,800 $117,150
2018 $2,085 $65,650 $12,980 $52,670
2017 $1,954 $64,470 $11,800 $52,670
2016 $1,954 $64,470 $11,800 $52,670
2015 $1,729 $64,470 $11,800 $52,670
2014 $1,729 $64,470 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 For Sale $700,000 -- $306 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20864702

North Texas Real Estate Information Systems (NTREIS)

APN: 28622