$1,270,000

Estimated payment $8,398/month

Total Views 243
8 Beds
5 Baths
4,838 Sq Ft
$263 Price per Sq Ft

Highlights

  • Senior Community
  • Open Floorplan
  • Cathedral Ceiling
  • Built-In Refrigerator
  • Fireplace in Bedroom
  • Traditional Architecture

About This Home

Incredible Portfolio Opportunity – Total of 6 Modified, previously licensed Residential Assisted Living Homes, Bank-Owned and Ready to Re-License!
Rare investment opportunity to acquire a portfolio of six residential assisted living homes, each previously licensed for 8 private beds. These properties are bank-owned, unlicensed, but fully modified for assisted living use, offering tremendous potential for immediate re-licensure and operation.
Each home has undergone ADA-compliant renovations, including modified bathrooms and accessible living spaces. Most feature extensive remodeling, spacious communal areas, and fully integrated 13R fire sprinkler and alarm systems, meeting key safety standards for licensing.
Whether you're expanding your current operations or entering the growing assisted living market, this portfolio provides a turnkey foundation to quickly launch or scale. Pro forma financials and additional details available upon request. Contact listing agent for full offering information.

Listing Agent

Aaron morrow

Coldwell Banker Apex, REALTORS Brokerage Phone: 214-335-3085 License #0575339 Listed on: 07/19/2025

Coldwell Banker Apex, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,055

Year Built

  • Built in 1988

Lot Details

  • 0.36 Acre Lot
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Few Trees
  • Back Yard

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,838 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Chandelier
  • Fireplace Features Masonry
  • Window Treatments
  • Bay Window
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Luxury Vinyl Plank Tile Flooring
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Fireplace in Bedroom
  • Walk-In Closet
  • 5 Full Bathrooms
  • Double Vanity

Home Security

  • Security Lights
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • Converted Garage
  • Alley Access
  • Circular Driveway

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Hallway
  • Customized Wheelchair Accessible
  • Accessible Doors
  • Accessible Approach with Ramp
  • Accessible Entrance

Outdoor Features

  • Covered patio or porch
  • Rain Gutters

Schools

  • Mathews Elementary School
  • Clark High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • Senior Community
  • Association fees include management
  • See Agent Association
  • Estates Of Forest Creek Ph V Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / F
  • Assessor Parcel Number R222500F01001

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,055

Year Built

Built in 1988

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • OWNERNAME: The Mint Nat'l Bank
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional, Detached
  • Unit Levels: One
  • Accessibility Features: ADA Compliant, Accessible Full Bath, Accessible Bedroom, Customized Wheelchair Accessible, Grip-Accessible Features, Accessible Approach with Ramp, Accessible Doors, Accessible Entrance, Accessible Hallway(s)
  • Security: Fire Alarm, Fire Sprinkler System, Smoke Detector(s), Security Lights
  • Year Built Details: Preowned
  • Attribution Contact: 214-335-3085
  • Co List Office Mls Id: CBAP04
  • Structure Type: House
  • Special Features: 5120
  • Year Built: 1988

Interior Features

  • Square Footage: 4838.0
  • Windows: Bay Window(s), Skylight(s), Window Coverings
  • Fireplace Features: Bedroom, Family Room, Gas Log, Living Room, Masonry
  • Interior Amenities: Built-in Features, Chandelier, Cathedral Ceiling(s), Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, In-Law Floorplan, Kitchen Island, Open Floorplan, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound
  • Flooring: Luxury Vinyl Plank
  • Appliances: Built-In Refrigerator, Double Oven, Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
  • Basement YN: No
  • Fireplaces: 3
  • Other Equipment: Call Listing Agent

Beds/Baths

  • Full Bathrooms: 5
  • Total Bedrooms: 8

Exterior Features

  • Foundation: Slab
  • Community Features: Sidewalks, Curbs
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Rain Gutters
  • Pool Features: None
  • Patio And Porch Features: Front Porch, Covered

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric, Multi Units, Zoned
  • Parking Features: Alley Access, Circular Driveway, Converted Garage, Driveway
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric, Natural Gas, Zoned
  • LaundryFeatures: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
  • Utilities: Electricity Connected, Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Association Management
  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association Name: SEE AGENT

Schools

  • Elementary School: Mathews
  • High School: Clark
  • Junior High Dist: Plano ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Back Yard, Corner Lot, Lawn, Landscaped, Subdivision, Sprinkler System, Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.36
  • Parcel Number: R222500F01001
  • Lot Size Acres: 0.36
  • Lot Size Sq Ft: 15681.6

Building Info

  • Year Built: 1988
  • SeniorCommunityYN: Yes

Tax Info

  • TaxBlock: F
  • Tax Lot: 10
  • Tax Annual Amount: 16055.0

MLS Schools

  • MiddleOrJuniorSchool: Schimelpfe

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2023 $16,055 $896,684 $189,000 $707,684
2022 $12,334 $645,415 $162,750 $482,665
2021 $10,639 $527,560 $131,250 $396,310
2020 $10,410 $509,873 $120,750 $389,123
2019 $10,956 $506,911 $120,750 $386,161
2018 $10,733 $492,394 $120,750 $371,644
2017 $10,452 $479,512 $108,675 $370,837
2016 $9,257 $419,419 $94,500 $324,919
2015 $8,673 $403,204 $94,500 $308,704
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2025 07/19/25 For Sale $1,270,000 -- $263 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Trustee Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Vendors Lien -- None Available
Vendors Lien -- None Available
Vendors Lien -- None Available
Vendors Lien -- None Available
Vendors Lien -- Rtt
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,330,000 New Conventional
Previous Owner $1,856,000 Construction
Previous Owner $308,000 Purchase Money Mortgage
Previous Owner $308,000 Purchase Money Mortgage
Previous Owner $308,000 Fannie Mae Freddie Mac
Previous Owner $57,750 Stand Alone Second
Previous Owner $175,000 Credit Line Revolving
Closed $0 Assumption
Source: Public Records

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21006130

North Texas Real Estate Information Systems (NTREIS)

APN: R-2225-00F-0100-1