NOT LISTED FOR SALE
7 Beds
4 Baths
3,856 Sq Ft
0.29 Acres

Last Sold September 08, 2023

254 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Ceiling Fan
  • 4 Car Garage
  • Central Heating

About This Home

As of September 2023

BACK ON THE MARKET. This fourplex is a great investment opportunity in the City of Irving. Property located near Hwy 183 and Beltline just minutes from DFW International Airport, shops, schools, and eateries. Property is nestled on a tree line residential community. There is no owners’ association or restrictive covenants. All units have washer dryer connections. Great investment property! Great location! Seller believes rent could be raised higher. Property is 75% occupied. Property includes a 4-car parking garage, storage, and paved parking. Several long-term tenants are in place. Property has a load of value-add opportunities. Four plans attached to listing in MLS. Plenty of value-add opportunity.

Last Agent to Sell the Property

Antonio Gipson

JoGip Property Management Brokerage Phone: 972-293-5575 License #0516424 Listed on: 11/30/2022

Last Buyer's Agent

Blacita Diaz

Keller Williams Realty DPR License #0759549

Keller Williams Realty DPR

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 0.29 Acre Lot

Parking

  • 4 Car Garage
  • Additional Parking

Home Design

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

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Schools

  • Barton Elementary School
  • Crockett Middle School
  • Irving High School

Utilities

  • Central Heating
  • Cable TV Available

Community Details

  • 4 Units
  • 3,856 Sq Ft Building
  • Rodgers Resub Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 1
  • Assessor Parcel Number 324495001A0050200
  • $12,499 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 32068
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 133.55809
  • Attribution Contact: 972-293-5575
  • Special Features: None
  • Year Built: 1970

Interior Features

  • Interior Amenities: Cable TV Available
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Appliances: Other

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 7

Exterior Features

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

Garage/Parking

  • Cooling System: Ceiling Fan(s)
  • Garage Spaces: 4
  • Number Of Parking Spaces: 4
  • Parking Features: Additional Parking, Garage
  • GarageYN: Yes

Utilities

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

Condo/Co-op/Association

  • Complex Name: MEDINA FOURPLEX
  • Association Type: None

Schools

  • School District: Irving ISD
  • Elementary School: Barton
  • Middle School: Crockett
  • High School: Irving
  • School District: Irving ISD
  • Elementary School: Barton

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.2920
  • Parcel Number: 324495001A0050200
  • Lot Size Acres: 0.2920
  • Lot Size Sq Ft: 12719.5200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1970
  • Units Total: 4

Multi Family

  • Gross Annual Expenses: 30812.00
  • Gross Annual Income: 62880.00
  • Insurance Expense: 5100
  • Unit Count: 4

Tax Info

  • Unexempt Taxes: 12499
  • TaxBlock: 1
  • Tax Lot: 5

MLS Schools

  • Middle School Name: Crockett
  • Elementary School Name: Barton
  • High School Name: Irving

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

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold -- -- --
08/11/2023 08/11/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $549,977 0.0% $143 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
06/06/2023 06/06/23 Price Changed $549,977 0.0% $143 / Sq Ft
06/05/2023 06/05/23 For Sale $549,990 0.0% $143 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
02/19/2023 02/19/23 For Sale $549,990 0.0% $143 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
02/03/2023 02/03/23 Price Changed $549,990 0.0% $143 / Sq Ft
01/18/2023 01/18/23 Price Changed $549,997 -7.2% $143 / Sq Ft
11/30/2022 11/30/22 For Sale $592,500 +18.5% $154 / Sq Ft
09/24/2021 09/24/21 Sold -- -- --
08/30/2021 08/30/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $500,000 +38.9% $130 / Sq Ft
07/08/2019 07/08/19 Sold -- -- --
05/20/2019 05/20/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $360,000 +12.5% $93 / Sq Ft
10/06/2017 10/06/17 Sold -- -- --
08/30/2017 08/30/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $319,900 -- $83 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20214811

North Texas Real Estate Information Systems (NTREIS)

APN: 32-44950-01A-005-02-00