NOT LISTED FOR SALE

316 W Anderson St Weatherford, TX 76086

16 Beds
16 Baths
8,000 Sq Ft
7,449 Sq Ft Lot

Last Sold November 20, 2023

61 Days on Market

Highlights

  • Gated Parking
  • Living Room with Fireplace
  • 2 Detached Carport Spaces
  • Gated Community
  • 1-Story Property
  • Landscaped

About This Home

As of November 2023

GREAT INVESTMENT OPPORTUNITY. Cash flow with historically high occupancy. This gated community consists of 4 duplex buildings, located close to schools, shopping, entertainment, restaurants, hospital, and downtown Weatherford. Lon-term tenants with established leases. The market rent is $1,350 per month. Each building has 2 floor plans, 1000 s.f. with 2 bedrooms, 2 baths, 2 carport spaces. City services for water electricity and trash. Cable TV available. This property offers investors a great return.

Last Agent to Sell the Property

James Zacharias

Horizon Management Svc., Inc. Brokerage Phone: 817-599-3131 License #0283394 Listed on: 08/25/2023

Last Buyer's Agent

Gladys Njoka

United Real Estate DFW License #0695090

United Real Estate DFW

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2000

Lot Details

  • 7,449 Sq Ft Lot
  • Private Entrance
  • Gated Home
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped
  • Level Lot
  • Sprinkler System

Home Design

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

Interior Spaces

  • 8,000 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • 8 Fireplaces

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Full Bathrooms

Home Security

  • Security Lights
  • Fire and Smoke Detector

Parking

  • 16 Parking Spaces
  • 2 Detached Carport Spaces
  • Inside Entrance
  • Lighted Parking
  • Shared Driveway
  • Gated Parking
  • Assigned Parking

Schools

  • Curtis Elementary School
  • Hall Middle School
  • Weatherford High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block S / 1
  • Assessor Parcel Number R000079177
  • $4,753 per year unexempt tax

Community Details

Overview

  • 8 Units
  • 8,000 Sq Ft Building
  • Meltons Add Subdivision

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Security: Gated Community, Security Lights, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Net Operation Income: 64991
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Horse Permitted Y N: No
  • Lake Pump Y N: No
  • Ratio Current Price By Building: 140.04063
  • Attribution Contact: 817-599-3131
  • Special Features: None
  • Year Built: 2000

Interior Features

  • Square Footage: 8000.00
  • Fireplace Features: Living Room
  • Interior Amenities: High Speed Internet Available, Other
  • Flooring: Carpet, Laminate
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
  • Fireplaces: 8

Beds/Baths

  • Full Bathrooms: 16
  • Total Bedrooms: 16

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Fenced, Gate, Wood, Wrought Iron
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Private Entrance
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air, Electric
  • Carport Spaces: 2
  • Total Covered Spaces: 16
  • Number Of Parking Spaces: 16
  • Parking Features: Asphalt, Assigned, Carport, Detached Carport, Driveway, Gated, Inside Entrance, Lighted, Shared Driveway
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Heating: Central, Electric, Fireplace(s)
  • Utilities: Asphalt, Cable Available, City Sewer, City Water, Electricity Available, Individual Water Meter, Sewer Available

Condo/Co-op/Association

  • Complex Name: 316 W Anderson
  • Association Type: None

Schools

  • School District: Weatherford ISD
  • Elementary School: Curtis

Lot Info

  • Lot Size: .5 to < 1 Acre
  • Lot Features: Landscaped, Level, Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 0.1710
  • Parcel Number: R000079177
  • Lot Size Acres: 0.1710
  • Lot Size Sq Ft: 7448.7600
  • Assessor Parcel Number 2: r000017596, r000017595, r000079173

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2000
  • Units Total: 8
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 54233.00
  • Gross Annual Income: 133920.00
  • Insurance Expense: 8000
  • Tenancy: No Smoking, No Sublease, No Waterbeds, Over 9 Months, Pet Restrictions, Written Application Only
  • Unit Count: 8

Tax Info

  • Unexempt Taxes: 4753
  • Special Taxing Entities: No
  • TaxBlock: 1
  • Tax Lot: S

MLS Schools

  • Middle School Name: Hall
  • Elementary School Name: Curtis
  • High School Name: Weatherford

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
11/20/2023 11/20/23 Sold -- -- --
10/26/2023 10/26/23 Pending -- -- --
09/22/2023 09/22/23 Price Changed $1,150,000 -2.1% $144 / Sq Ft
09/13/2023 09/13/23 Price Changed $1,175,000 -2.1% $147 / Sq Ft
08/25/2023 08/25/23 For Sale $1,200,000 -- $150 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    James Zacharias

    Horizon Management Svc., Inc.

    (817) 304-2199

    3 in this area

    6 Total Sales

    James Zacharias
    Section Image

  • G

    Buyer's Agent in 2023

    Gladys Njoka

    United Real Estate DFW

    (469) 878-7655

    2 in this area

    45 Total Sales

    Gladys Njoka
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20415925

North Texas Real Estate Information Systems (NTREIS)

APN: 14993-001-00B-10

Texas Parker County Weatherford 76086

316 W Anderson St, Weatherford, TX

Not Listed for Sale

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