NOT LISTED FOR SALE

Estimated Value: $177,000 - $234,000

4 Beds
2 Baths
1,280 Sq Ft
$166/Sq Ft Est. Value

Last Sold April 23, 2021

Current estimated payment $1,368/month

146 Days on Market

About This Home

As of April 2021

12% CAP Rate Potential Investment Property in Center City Fort Worth. The property is 10 minutes from Downtown Fort Worth, 5 minutes from FW International Arprt, 5 minutes from I35 and Interstate 820, and 5 minutes from Historic Fort Worth Stockyards. Unit A was paying $600 per month; they have vacated. The tenant in Unit B pays $550 per month, their lease is up in January 2021, the Unit B tenant has indicated she would like to stay. Purchase and increase rents in Q1 2021. Buyer and or Buyer's Broker to verify all specifications including, but not limited to schools, livable area, zoning. Listing Broker not responsible for inaccuracies.

Last Agent to Sell the Property

Rafael J Gregorio Jr

Gregorio Real Estate Company License #0658777 Listed on: 11/12/2020

Last Buyer's Agent

Maritza Valle

JPAR West Metro License #0698644

JPAR West Metro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,952

Year Built

  • Built in 1925

Lot Details

  • 7,013 Sq Ft Lot
  • Chain Link Fence
  • Interior Lot

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Common or Shared Parking
  • Front Facing Garage
  • On-Street Parking
  • Open Parking
  • Assigned Parking

Schools

  • Atwood Elementary School
  • Benbrook Middle School
  • Jarvis High School

Utilities

  • Window Unit Cooling System

Community Details

  • 1,280 Sq Ft Building
  • Ellis M G Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 90
  • Assessor Parcel Number 00840092
  • $1,287 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,952

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 70.31250
  • Special Features: None
  • Year Built: 1925

Interior Features

  • Square Footage: 1280.00
  • Interior Amenities: Other
  • Appliances: Other

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Other, Pillar/Post/Pier
  • Fencing: Chain Link
  • Roof: Composition, Other
  • Construction Materials: Other, Siding, Wood
  • Exterior Features: Other
  • Waterfront: No

Garage/Parking

  • Cooling System: Other, Window Unit(s)
  • Number Of Parking Spaces: 1
  • Parking Features: Assigned, Common, Covered, Garage Faces Front, On Street, Open, Other
  • OpenParkingYN: Yes
  • GarageYN: No

Utilities

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

Condo/Co-op/Association

  • Complex Name: ELLIS BLOCK 90 LOT 6
  • Association Type: None

Schools

  • School District: Fort Worth ISD
  • Elementary School: Atwood
  • Middle School: Benbrook
  • High School: Jarvis
  • School District: Fort Worth ISD
  • Elementary School: Atwood
  • High School: Jarvis

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Interior Lot, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.1610
  • Parcel Number: 00840092
  • Lot Size Acres: 0.1610
  • Lot Size Sq Ft: 7013.1600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1925
  • Units Total: 2

Multi Family

  • Gross Annual Income: 16800.00
  • Tenancy: Other
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 1287
  • TaxBlock: 90
  • Tax Lot: 6

MLS Schools

  • MiddleOrJuniorSchool: Benbrook
  • Middle School Name: Benbrook
  • Elementary School Name: Atwood
  • High School Name: Jarvis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Apr 23, 2021
Sold by
Zacapala Antonio and Zacapala Guadalupe
Bought by
Vega Francisco G and Vega Rocio Adriana
Seller's Agent
Rafael J Gregorio Jr
Gregorio Real Estate Company
Buyer's Agent
Maritza Valle
JPAR West Metro
List Price
$120,000
Current Estimated Value
$212,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.85%
Original Mortgage
$81,000
Outstanding Balance
$67,317
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$145,307
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
Vega Francisco G -- Rattikin Title Northwest
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vega Francisco G $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold -- -- --
04/07/2021 04/07/21 Pending -- -- --
11/12/2020 11/12/20 For Sale $120,000 -- $94 / 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 $2,952 $131,576 $49,000 $82,576
2024 $2,952 $131,576 $49,000 $82,576
2023 $2,844 $125,703 $35,000 $90,703
2022 $2,447 $94,131 $13,000 $81,131
2021 $1,600 $58,315 $13,000 $45,315
2020 $1,266 $47,826 $13,000 $34,826
2019 $1,338 $48,624 $13,000 $35,624
2018 $1,148 $41,742 $13,000 $28,742
2017 $1,150 $40,577 $13,000 $27,577
2016 $1,101 $38,877 $13,000 $25,877
2015 $1,087 $38,300 $13,320 $24,980
2014 $1,087 $38,300 $13,320 $24,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14470793

North Texas Real Estate Information Systems (NTREIS)

APN: 00840092