NOT LISTED FOR SALE

Estimated Value: $175,000 - $251,000

3 Beds
3 Baths
1,274 Sq Ft
$168/Sq Ft Est. Value

Last Sold February 24, 2020

Current estimated payment $1,447/month

194 Days on Market

Highlights

  • Wood Flooring
  • 1-Story Property
  • High Speed Internet
  • Interior Lot
  • Space Heater
  • Wood Fence

About This Home

As of February 2020

Value added income producing triplex! Proforma CAP rate of over 9%. Located in booming area near downtown, Magnolia street and hospital district. Three Miles from TCU. All units are 1 bedroom, 1 bath efficiencies with Kitchen. Unit A was rented for 18 years & is currently vacant; it is in needs of repairs. Units B and C are rented at $650. All utilities are paid by the owner. Drive by, but DO NOT disturb occupants! Make an offer! Property is being sold AS IS. No survey available.

Last Agent to Sell the Property

Michael Garner

Fathom Realty License #0640450 Listed on: 08/11/2019

Fathom Realty

Last Buyer's Agent

Michael Garner

Fathom Realty License #0640450 Listed on: 08/11/2019

Fathom Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,151

Year Built

  • Built in 1932

Lot Details

  • 7,492 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Interior Lot
  • Few Trees

Home Design

  • Triplex
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1,274 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Fire and Smoke Detector
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Open Parking
  • Unassigned Parking

Schools

  • R.J.Wilson Elementary School
  • Rosemont Middle School
  • Southhills High School

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Master Gas Meter
  • Master Water Meter
  • High Speed Internet
  • Cable TV Available

Community Details

  • 1,274 Sq Ft Building
  • Cameron Place Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 16
  • Assessor Parcel Number 00409588
  • $680 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,151

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 13950
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 94.19152
  • Special Features: None
  • Year Built: 1932

Interior Features

  • Square Footage: 1274.00
  • Windows: Window Coverings
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Gas Range

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Chain Link, Wood
  • Roof: Composition
  • Construction Materials: Wood

Garage/Parking

  • Cooling System: Window Unit(s)
  • Number Of Parking Spaces: 2
  • Parking Features: Garage Faces Side, Open, Unassigned
  • GarageYN: No

Utilities

  • Heating: Space Heater
  • Utilities: Asphalt, City Sewer, City Water, Master Gas Meter, Master Water Meter

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Fort Worth ISD
  • Elementary School: R.J.Wilson
  • Middle School: Rosemont
  • High School: Southhills
  • School District: Fort Worth ISD
  • Elementary School: R.J.Wilson
  • High School: Southhills

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees, Interior Lot, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.1720
  • Parcel Number: 00409588
  • Lot Size Acres: 0.1720
  • Lot Size Sq Ft: 7492.3200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1932
  • Units Total: 3

Multi Family

  • Gross Annual Expenses: 8250.00
  • Gross Annual Income: 23400.00
  • Insurance Expense: 1200
  • Tenancy: Over 9 Months
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 680
  • TaxBlock: 16
  • Tax Lot: 4

MLS Schools

  • MiddleOrJuniorSchool: Rosemont
  • Middle School Name: Rosemont
  • Elementary School Name: R.J.Wilson
  • High School Name: Southhills

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sugg Jaclyn $132,082
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2020 02/24/20 Sold -- -- --
02/21/2020 02/21/20 Pending -- -- --
10/18/2019 10/18/19 Off Market -- -- --
08/11/2019 08/11/19 For Sale $139,900 -- $110 / 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 $3,151 $140,419 $42,500 $97,919
2023 $3,103 $137,150 $42,500 $94,650
2022 $2,132 $82,006 $20,000 $62,006
2021 $1,539 $56,110 $20,000 $36,110
2020 $815 $30,779 $11,000 $19,779
2019 $810 $29,440 $11,000 $18,440
2018 $636 $24,701 $11,000 $13,701
2017 $647 $22,847 $11,000 $11,847
2016 $574 $20,271 $11,000 $9,271
2015 $951 $33,500 $11,000 $22,500
2014 $951 $33,500 $11,000 $22,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14156532

North Texas Real Estate Information Systems (NTREIS)

APN: 00409588