NOT LISTED FOR SALE
8 Beds
8 Baths
5,027 Sq Ft
0.31 Acres

Last Sold October 26, 2017

27 Days on Market

Highlights

  • 0.31 Acre Lot
  • Security Service
  • Ceramic Tile Flooring
  • Bay Window
  • Home Security System
  • 1-Story Property

About This Home

As of October 2017

Excellent Cash Flow Property with 8 units in the neighborhood. Good condition with security doors for access. Consistently occupied with increased rental rates over last several months. Professional Property Management Company employed with offices nearby to property. Laundry on site.

Last Agent to Sell the Property

Michael Mayes

Red Team Real Estate License #0623656 Listed on: 08/22/2017

Last Buyer's Agent

Vic Reddy Pasham

Radiance Realty License #0638106

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1988

Lot Details

  • 0.31 Acre Lot
  • Wrought Iron Fence

Home Design

  • Slab Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 5,027 Sq Ft Home
  • 1-Story Property
  • Bay Window
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 9 Parking Spaces
  • Assigned Parking

Schools

  • Conteras Elementary School
  • Mclean Middle School
  • Mclean 6Th Middle School
  • Paschal High School

Utilities

  • Central Heating and Cooling System
  • Master Water Meter
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 9
  • Assessor Parcel Number 03222373
  • $6,657 per year unexempt tax

Community Details

Overview

  • 5,027 Sq Ft Building
  • University Hill Add Subdivision

Additional Features

  • Community Mailbox
  • Security Service

Property Details

Home Type

Apartment

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: One
  • Security: Fire Alarm, Security Service, Security System, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 32722
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 74.59718
  • Special Features: None
  • Year Built: 1988

Interior Features

  • Square Footage: 5027.00
  • Windows: Bay Window(s)
  • Interior Amenities: Cable TV Available
  • Flooring: Ceramic Tile
  • Appliances: Disposal, Electric Range, Refrigerator

Beds/Baths

  • Full Bathrooms: 8
  • Total Bedrooms: 8

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Wrought Iron
  • Roof: Composition
  • Construction Materials: Siding

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 9
  • Parking Features: Assigned
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water, Community Mailbox, Master Water Meter

Condo/Co-op/Association

  • Complex Name: 3601 James Ave Apart
  • Association Type: None

Schools

  • School District: Fort Worth ISD
  • Elementary School: Conteras
  • Middle School: Mclean
  • High School: Paschal
  • School District: Fort Worth ISD
  • Elementary School: Conteras
  • Intermediate School: Mclean 6Th
  • High School: Paschal

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.3100
  • Parcel Number: 03222373
  • Lot Size Acres: 0.3100
  • Lot Size Sq Ft: 13503.6000

Building Info

  • Year Built: 1988
  • Units Total: 8

Multi Family

  • Gross Annual Expenses: 33146.00
  • Gross Annual Income: 65868.00
  • Insurance Expense: 3500

Tax Info

  • Unexempt Taxes: 6657
  • TaxBlock: 9
  • Tax Lot: 1

MLS Schools

  • MiddleOrJuniorSchool: Mclean
  • Middle School Name: Mclean
  • Elementary School Name: Conteras
  • High School Name: Paschal

Range of Values:

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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
10/26/2017 10/26/17 Sold -- -- --
09/18/2017 09/18/17 Pending -- -- --
08/22/2017 08/22/17 For Sale $399,900 -- $80 / 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: 13678980

North Texas Real Estate Information Systems (NTREIS)