NOT LISTED FOR SALE

410 SW 4th Ave Mineral Wells, TX 76067

5 Beds
4 Baths
3,240 Sq Ft
9,540 Sq Ft Lot

Last Sold September 15, 2023

43 Days on Market

Highlights

  • Walk-In Closet
  • Vinyl Plank Flooring
  • 4-minute walk to Mineral Wells Trailhead
  • Cooling Available
  • Heating Available

About This Home

As of September 2023

Price reduction, now offered t 9% net CAP
Located on SW 4th Ave, walking distance to downtown
1st level are two 1-1 apartments, second floor is one 4-2 apartment.
Great residential income property , high rental demand.
No show only at option period.
This is a great residential income property.

Last Agent to Sell the Property

Naor Biringer

Independent Realty Brokerage Phone: 888-519-7431 License #0795192 Listed on: 08/02/2023

Last Buyer's Agent

Mordecai Langer

United Real Estate License #0642635

United Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 9,540 Sq Ft Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 2-Story Property
  • Vinyl Plank Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Schools

  • Houston Elementary School
  • Mineralwel Middle School
  • Mineralwel High School

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Community Details

  • 3 Units
  • 3,000 Sq Ft Building
  • Lynch Subdivision

Listing and Financial Details

  • Legal Lot and Block 45 / 19
  • Assessor Parcel Number 20163
  • $4,651 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 29000
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 106.66667
  • Attribution Contact: 888-519-7431
  • Special Features: None
  • Year Built: 1930

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Flooring: Vinyl
  • Appliances: Other

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

  • Pool: No
  • Foundation: Slab, Other
  • Roof: Metal
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Electric
  • Carport Spaces: 4
  • Total Covered Spaces: 4
  • Number Of Parking Spaces: 4
  • Parking Features: Carport
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Heating: Electric
  • Utilities: City Sewer, City Water, Electricity Connected, Master Water Meter

Condo/Co-op/Association

  • Complex Name: 4th Ave Triplex
  • Association Type: None

Schools

  • School District: Mineral Wells ISD
  • Elementary School: Houston
  • Middle School: Mineralwel
  • High School: Mineralwel
  • School District: Mineral Wells ISD
  • Elementary School: Houston

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.2190
  • Parcel Number: 20163
  • Lot Size Acres: 0.2190
  • Lot Size Sq Ft: 9539.6400

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1930
  • Units Total: 3
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 4850.00
  • Gross Annual Income: 37800.00
  • Insurance Expense: 2100
  • Unit Count: 3

Tax Info

  • Unexempt Taxes: 4651
  • TaxBlock: 19
  • Tax Lot: 45

MLS Schools

  • Middle School Name: Mineralwel
  • Elementary School Name: Houston
  • High School Name: Mineralwel

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
03/06/2024 03/06/24 For Sale $345,000 0.0% $106 / Sq Ft
09/15/2023 09/15/23 Sold -- -- --
09/07/2023 09/07/23 Off Market -- -- --
08/14/2023 08/14/23 Price Changed $345,000 -1.4% $106 / Sq Ft
08/08/2023 08/08/23 Price Changed $350,000 -5.4% $108 / Sq Ft
08/02/2023 08/02/23 For Sale $370,000 0.0% $114 / Sq Ft
06/01/2020 06/01/20 Rented $700 0.0% --
05/19/2020 05/19/20 For Rent $700 0.0% --
03/02/2020 03/02/20 Sold -- -- --
02/05/2020 02/05/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $135,000 -- $45 / 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: 20397738

North Texas Real Estate Information Systems (NTREIS)

APN: 162220000