NOT LISTED FOR SALE

411 E 2nd St Burkburnett, TX 76354

Estimated Value: $109,463 - $153,000

2 Beds
2 Baths
872 Sq Ft
$150/Sq Ft Est. Value

Last Sold February 14, 2013

Current estimated payment $838/month

112 Days on Market

About This Home

As of February 2013

It's the best time to purchase rental property! Fantastic Opportunity to purchase 7 homes on 3 lots, all for one money. 2 are efficient homes @ 387 and 520 sqft, 2 are 1 bedroom homes each @ 520 sqft with these four homes sitting on the backside of the lots; Then 3 homes facing E 2nd Street are with 2 bedrooms @ 872,1384 sqft and 1 bedroom home 576 sqft. Current rents which are very affordable equals $2050 monthly with the tenants paying all utilities. Separate meters for each home on each utility.

Last Agent to Sell the Property

Kim Roark

TEXAS REAL ESTATE EXECUTIVES License #0530418 Listed on: 10/25/2012

Co-Listed By

Debra West

RE/MAX ELITE GROUP License #0516000

Last Buyer's Agent

AMARYLLIS MULLINS

G AND H REAL ESTATE License #0602753

Property Details

Home Type

  • Multi-Family

Lot Details

  • Corner Lot

Home Design

  • Post and Beam
  • Composition Roof

Parking

  • 6 Parking Spaces
  • Carport

Utilities

  • Separate Meters
  • Water Heater

Community Details

  • 7 Units

Listing and Financial Details

  • Tenant pays for electric, gas, water, sewer, trash collection, lawn maintenance, cable TV
  • Legal Lot and Block 10 11 12 / 10
  • Assessor Parcel Number 123064

Property Details

Home Type

Multi-Family

Lot Details

0.52 Acres

Listing Details

  • Class: MULTI-FAMILY
  • Excluded Property: Tenants Personal Property
  • Legal Addition: Original Town
  • Legal Block: 10
  • Legal Lot: 10 11 12
  • Miscellaneous: Separate Electric Meters, Individual Water Heaters, Individual Heat/Air Units, Individual Water Meters, Separate Gas Meters
  • Land Area: .5165 150x150
  • Available Parking Spaces: 6
  • Parking Facil: Carport
  • Projected Monthly Income: 2050
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Stories: 2 or Less

Exterior Features

  • Foundation: P & B
  • Roof: Composition
  • Construction Type: Wood

Lot Info

  • Lot Description: Corner

Rental Info

  • Tenant Pays: Electric, Gas, Water, Sewer, Trash Collection, Lawn Maintenance, Cable TV

Tax Info

  • Assessor Parcel Number: 123064

Multi Family

  • Number Of 1 Bed Units: 4
  • Number Of 2 Bed Units: 3
  • Number Of Units: 7

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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 List to Sale Price per Sq Ft
02/14/2013 02/14/13 Sold -- -- --
02/14/2013 02/14/13 Pending -- -- --
10/25/2012 10/25/12 For Sale $125,000 -- $143 / Sq Ft
Source: Wichita Falls Association of REALTORS®

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
2025 $1,943 $110,475 $11,924 $98,551
2024 $1,943 $85,073 $5,625 $79,448
2023 $1,951 $82,998 $5,625 $77,373
2022 $2,048 $79,614 $5,625 $73,989
2021 $1,910 $68,123 $5,625 $62,498
2020 $1,822 $64,219 $5,625 $58,594
2019 $1,875 $64,151 $5,625 $58,526
2018 $866 $62,616 $5,625 $56,991
2017 $1,784 $62,082 $5,625 $56,457
2016 $1,754 $61,031 $9,000 $52,031
2015 $717 $61,101 $9,000 $52,101
2014 $717 $60,593 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Wichita Falls Association of REALTORS®

MLS Number: 125521

Wichita Falls Association of REALTORS®

APN: 123064

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