$700,000

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

Estimated payment $4,352/month

Total Views 5,177
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 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. 5 of 7 units fully upgraded, all units have electric upgrades, rents ready for increases for most units. 1 BEDROOM UNITS NEW WINDOWS INSTALLED AUGUST 2025. 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

  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Vinyl 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 $75,900
  • Net Operating Income $55,450

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
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Attribution Contact: 888-455-6040
  • CapRate: 7.92
  • Co List Office Mls Id: FATH02
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • 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: 75900.0
  • Property Net Operating Income: 55450.0

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
2025 $4,042 $213,336 $17,700 $195,636
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

Texas Kaufman County Kaufman 75142

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

This home is located at 301 W Chestnut St Unit 1-3, Kaufman, TX 75142 and is currently priced at $700,000, approximately $305 per square foot. This property was built in 1980. 301 W Chestnut St Unit 1-3 is a home located in Kaufman County with nearby schools including Lucille Nash Elementary School, J W Monday Elementary School, and J R Phillips Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

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Listing Agent
Michelle Mikhail
Section Image
Fathom Realty LLC
(469) 972-5623