$1,650,000
SOLD NOV 7, 2024
Last list price

3615 Hazel St Unit 3601 Texarkana, TX 75503

42 Beds
-- Bath
25,086 Sq Ft
2.05 Acres

Recently Sold

$66 Per Sq Ft

53 Days on Market

Highlights

  • Corner Lot
  • Carport
  • Central Heating and Cooling System
  • Texas High School Rated A

About This Home

As of November 2024

Northgate Square in Texarkana is a a great investment to add to your portfolio! 100% occupied! This 16-unit multifamily complex consists of 8 well-maintained duplexes, each offering covered parking, providing both convenience and added value for tenants. The property features a mix of 2-bedroom and 3-bedroom units, catering to a wide range of tenant preferences. This diversity enhances your rental income potential and ensures a steady stream of occupancy. The current owner has taken great strides to enhance the property’s overall appeal and value. Major improvements include multiple new roofs, total remodels of units as they became vacant, and the installation of multiple new HVAC systems. The seller invested alot of time and effort into getting the property to where it is, they have consistently been bumping rents to bring to market rates, and remodeling units as needed. Still room for more value add with the right ownership and plan in place!

Last Agent to Sell the Property

Bryson Swiggart

Tx Land & Legacy Realty, LLC Brokerage Phone: 817-832-4273 License #0634498 Listed on: 08/28/2024

Last Buyer's Agent

NON-MLS MEMBER

NON MLS

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1976

Lot Details

  • 2.05 Acre Lot
  • Corner Lot
  • Interior Lot
  • Level Lot
  • Cleared Lot
  • Few Trees

Home Design

  • Split Level Home
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Mixed Roof Materials
  • Composition Roof
  • Siding

Interior Spaces

  • 42 Bedrooms
  • Living Room with Fireplace

Parking

  • 32 Parking Spaces
  • Carport
  • Shared Driveway
  • Outside Parking
  • Assigned Parking

Schools

  • Springlkpk Elementary School
  • Texas Middle School
  • Dunbar Middle School
  • Texas High School

Utilities

  • Central Heating and Cooling System
  • Individual Gas Meter

Community Details

  • 8 Buildings
  • 16 Units
  • 25,086 Sq Ft Building
  • Rochelle Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20300003700
  • Tax Block 7
  • $22,258 per year unexempt tax

Property Details

Home Type

Apartment

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: Multi/Split
  • Security: Unknown
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 131541
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Horse Permitted Y N: No
  • Ratio Current Price By Building: 49.03133
  • Attribution Contact: 817-832-4273
  • Special Features: None
  • Year Built: 1976

Interior Features

  • Fireplace Features: Living Room
  • Interior Amenities: Other
  • Flooring: Varies
  • Appliances: Other
  • Basement YN: No

Beds/Baths

  • Total Bedrooms: 42

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition, Flat, Mixed, Shingle
  • Construction Materials: Brick, Siding, Wood
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air
  • Total Covered Spaces: 22
  • Number Of Parking Spaces: 32
  • Parking Features: Assigned, Attached Carport, Concrete, Covered, Detached Carport, Outside, Shared Driveway
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Heating: Central, Fireplace(s)
  • Utilities: City Sewer, City Water, Curbs, Electricity Available, Electricity Connected, Individual Gas Meter

Condo/Co-op/Association

  • Complex Name: Northgate Square
  • Association Type: None

Schools

  • School District: Texarkana ISD
  • Elementary School: Springlkpk
  • Middle School: Texas
  • High School: Texas
  • School District: Texarkana ISD
  • Elementary School: Springlkpk
  • Intermediate School: Dunbar

Lot Info

  • Lot Size: 1 to < 3 Acres
  • Lot Features: Cleared, Corner Lot, Few Trees, Interior Lot, Level
  • Lot Size Units: Acres
  • Lot Size Area: 2.0500
  • Parcel Number: 20300003700
  • Lot Size Acres: 2.0500
  • Lot Size Sq Ft: 89298.0000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1976
  • Units Total: 16
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 59571.00
  • Gross Annual Income: 191112.00
  • Insurance Expense: 9576
  • Tenancy: Other
  • Unit Count: 3

Tax Info

  • Unexempt Taxes: 22258
  • Special Taxing Entities: No
  • TaxBlock: 7

MLS Schools

  • Middle School Name: Texas
  • Elementary School Name: Springlkpk
  • High School Name: Texas

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
11/07/2024 11/07/24 Sold -- -- --
10/21/2024 10/21/24 Pending -- -- --
08/28/2024 08/28/24 For Sale $1,650,000 -- $66 / 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: 20714858

North Texas Real Estate Information Systems (NTREIS)