NOT LISTED FOR SALE

308 Cedar St Roscoe, TX 79545

2 Beds
1 Bath
980 Sq Ft
44,997 Sq Ft Lot

Last Sold July 27, 2023

120 Days on Market

About This Home

As of July 2023

4 duplexes in Roscoe, Texas 0.6 miles from I-20, 1.8 miles from Hwy 84. Each unit leases for $550 per month. Roscoe is located between Snyder and Sweetwater at the intersection of Hwy 84 headed to Snyder and Lubbock and I-20 with Midland-Odessa to the west and Sweetwater-Abilene to the east. These 2 bedroom, 1 bath apartments are in a good location for individuals needing a quiet leasehold with access to multiple points in west Texas. Listing consists of 4 parcels in Nolan County: three contigous properties at 304 Cedar (APN: 23790), 308 Cedar (APN: 24232), &1511 Third (APN: 24230) plus 719 W Broadway (APN: 23559) in downtown Roscoe. 1511 Third and 719 W Broadway are unimproved lots. Each unit measures 793 sqft and are 2 bedroom, 1 bath units with central HVAC and washer-dryer connections in each unit.

Last Agent to Sell the Property

John Hill

Barnett & Hill License #0627718 Listed on: 02/11/2023

Last Buyer's Agent

Joe Livingston

CENTURY 21 Judge Fite Co. License #0257147

CENTURY 21 Judge Fite Co.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 1.03

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 16 Parking Spaces
  • Off-Street Parking

Schools

  • Roscoe Elementary And Middle School
  • Roscoe High School

Utilities

  • Central Heating and Cooling System
  • Municipal Utilities District

Additional Features

  • 1-Story Property
  • 1.03 Acre Lot

Community Details

  • 4 Buildings
  • 8 Units
  • 6,344 Sq Ft Building
  • Southern Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 72
  • Assessor Parcel Number R1000007204
  • $7,292 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

1.03 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: Yes
  • Net Operation Income: 23534
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 63.05170
  • Attribution Contact: 325-677-3500
  • Special Features: None
  • Year Built: 1977

Interior Features

  • Interior Amenities: Other
  • Appliances: Dishwasher, Dryer, Electric Range, Washer

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 16
  • Parking Features: Off Street

Utilities

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

Condo/Co-op/Association

  • Complex Name: Roscoe Apartments
  • Association Type: None

Schools

  • School District: Roscoe ISD
  • Elementary School: Roscoe

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 1.0330
  • Parcel Number: R1000007204
  • Lot Size Acres: 1.0330
  • Lot Size Sq Ft: 44997.4800
  • Assessor Parcel Number 2: 23790, 24232, 24230, 23559

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1977
  • Units Total: 8

Multi Family

  • Gross Annual Expenses: 28366.00
  • Gross Annual Income: 51900.00
  • Insurance Expense: 4000
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 7292
  • TaxBlock: 72
  • Tax Lot: 1

MLS Schools

  • Middle School Name: Roscoe
  • Elementary School Name: Roscoe
  • High School Name: Roscoe
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Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2023 07/27/23 Sold -- -- --
06/11/2023 06/11/23 Pending -- -- --
02/11/2023 02/11/23 For Sale $488,000 -- $498 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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 $4,158 $186,420 $13,500 $172,920
2024 $3,714 $144,380 $13,500 $130,880
2023 $4,028 $153,050 $11,250 $141,800
2022 $3,696 $153,050 $11,250 $141,800
2021 $4,776 $153,050 $11,250 $141,800
2020 $2,655 $89,260 $5,850 $83,410
2019 $1,984 $64,890 $5,850 $59,040
2018 $1,686 $53,220 $5,850 $47,370
2017 $2,057 $64,830 $5,850 $58,980
2016 $1,082 $34,090 $5,850 $28,240
2015 -- $34,090 $5,850 $28,240
2014 -- $64,450 $5,850 $58,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20256776

North Texas Real Estate Information Systems (NTREIS)
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