$75,000
SOLD MAY 29, 2025
Last list price
2 Beds
1 Bath
1,641 Sq Ft
5,184 Sq Ft Lot

Recently Sold

$46 Per Sq Ft

16 Days on Market

Highlights

  • Tile Flooring
  • Fairfield Magnet School Rated A-
  • High Speed Internet

About This Home

As of May 2025

Investment Opportunity: 10-Property Package with 11 Units and Strong Rental Income (homes are occupied, please do not disturb the tenant)Presenting a prime investment opportunity with a portfolio of 10 well-maintained single-family homes, offering solid cash flow potential. This package includes 9 fully-occupied homes, generating consistent rental income, and 1 vacant property, ideal for owner-occupancy or quick re-leasing. Additionally, one home features a separate garage apartment, bringing the total number of units to 11. Property management is already in place, making this a hassle-free investment.Property Highlights:10 Homes + 1 Garage Apartment: A diverse selection of properties in high-demand rental areas, totaling 11 units.9 Occupied Homes: Reliable tenants in place, providing steady income.1 Vacant Property: Ready for owner-occupant or leasing.Property Management in Place: Professional management ensures smooth operations with minimal effort.Low Maintenance: Homes are well-kept, minimizing immediate repair costs.Prime Location: Close to schools, shopping, public transport, and other amenities.Investment Benefits:Attractive Rental Yields: Solid cash flow with proven rental history.Diversified Portfolio: Spread across multiple properties and units, reducing risk.Minimal Vacancy: High tenant demand ensures low turnover.Growth Potential: Areas poised for future appreciation, offering long-term upside.This 10-property package (with 11 units) offers a turn-key investment with a proven track record, ideal for investors seeking immediate returns and long-term growth. With property management already in place, this opportunity is a low-effort, high-reward addition to any portfolio.Package Includes MLS ID: 20885903,20885901, 20885874, 20885879, 20885885, 20885889, 20885916, 20885900, 20885896, 20885892

Last Agent to Sell the Property

Paul Bratlie

RE/MAX Real Estate Services Brokerage Phone: 318-752-2700 License #0995691415 Listed on: 03/28/2025

RE/MAX Real Estate Services

Last Buyer's Agent

Paul Bratlie

RE/MAX Real Estate Services Brokerage Phone: 318-752-2700 License #0995691415 Listed on: 03/28/2025

RE/MAX Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $566

Year Built

  • Built in 1965

Lot Details

  • 5,184 Sq Ft Lot

Home Design

  • 1,641 Sq Ft Home
  • Split Level Home
  • Apartment
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Asphalt Roof

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Carport Spaces
  • Alley Access

Utilities

  • Window Unit Cooling System
  • High Speed Internet

Community Details

  • University Heights Sub Subdivision

Listing and Financial Details

  • Legal Lot and Block 18 / 6
  • Assessor Parcel Number 171306093001800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$566

Year Built

Built in 1965

Lot Details

0

Listing Details

  • OWNERNAME: Yeates
  • Property Type: Residential
  • Property Sub Type: Apartment
  • Architectural Style: Detached
  • Unit Levels: Multi/Split
  • Year Built Details: Preowned
  • Attribution Contact: 318-752-2700
  • Co List Office Mls Id: SNYD01NL
  • Structure Type: Apartment, House
  • Special Features: VirtualTour
  • Year Built: 1965

Interior Features

  • Square Footage: 1641.0
  • Interior Amenities: High Speed Internet, Other
  • Flooring: Carpet, Tile
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Roof: Asphalt
  • Construction Materials: Brick, Wood Siding
  • Pool Features: None

Garage/Parking

  • Cooling System: Window Unit(s)
  • Carport Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Alley Access, Carport
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Other
  • Utilities: Sewer Available, Water Available

Schools

  • Junior High Dist: Caddo PSB

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size Units: Acres
  • Lot Size Area: 0.119
  • Parcel Number: 171306093001800
  • Lot Size Acres: 0.119
  • Lot Size Sq Ft: 5183.64

Building Info

  • Year Built: 1965

Tax Info

  • TaxBlock: 6
  • Tax Lot: 18
  • Tax Annual Amount: 566.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
May 29, 2025
Sold by
Yeates Investment Properties Llc
Bought by
Poboi Enterprises Llc
Seller's Agent
Paul Bratlie
RE/MAX Real Estate Services
Buyer's Agent
Paul Bratlie
RE/MAX Real Estate Services
List Price
$75,000
Total Days on Market
16
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.03%
Original Mortgage
$650,000
Outstanding Balance
$650,000
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
-$576,353

Purchase Details

Closed on
Jan 10, 2017
Sold by
Testamen Watson Yates Linda Margaret
Bought by
Yeates Investment Properties Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $560,000 None Listed On Document
Cash Sale Deed $132,253 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $650,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Sold -- -- --
04/14/2025 04/14/25 Pending -- -- --
03/28/2025 03/28/25 For Sale $75,000 -- $46 / 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
2024 $571 $3,662 $1,159 $2,503
2023 $575 $3,607 $1,104 $2,503
2022 $575 $3,607 $1,104 $2,503
2021 $566 $3,607 $1,104 $2,503
2020 $566 $3,607 $1,104 $2,503
2019 $583 $3,606 $1,104 $2,502
2018 $464 $3,606 $1,104 $2,502
2017 $592 $3,606 $1,104 $2,502
2015 $472 $3,640 $1,100 $2,540
2014 $475 $3,640 $1,100 $2,540
2013 -- $3,640 $1,100 $2,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20885896

North Texas Real Estate Information Systems (NTREIS)

APN: 171306-093-0018-00