414 E Spring St Henrietta, TX 76365
Estimated payment $1,064/month
About This Home
Great income producing multi-unit property. 5 2 bedroom 1 bathroom units. 3 are currently rented at $675/ month, 1 unit is ready to rent, 1 unit needs to be remodeled. Total income is $2,650 when all 4 units are rented. Each unit is separately metered. Landlord pays water and trash. 1 unit has central heat and air.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,230
Home Design
- 3,933 Sq Ft Home
- Post and Beam
- Metal Roof
Parking
- 5 Parking Spaces
- Carport
Utilities
- Separate Meters
- Water Heater
Community Details
- 5 Units
Listing and Financial Details
- Legal Lot and Block 1,2 / 22
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,230 | $225,920 | $5,050 | $220,870 |
| 2023 | $4,843 | $225,920 | $5,050 | $220,870 |
| 2022 | $2,548 | $103,550 | $5,050 | $98,500 |
| 2021 | $3,952 | $142,090 | $3,800 | $138,290 |
| 2020 | $2,010 | $72,700 | $3,800 | $68,900 |
| 2019 | $2,072 | $72,700 | $3,800 | $68,900 |
| 2018 | $2,305 | $73,630 | $3,800 | $69,830 |
| 2017 | $2,217 | $71,150 | $3,800 | $67,350 |
| 2016 | -- | $71,150 | $3,800 | $67,350 |
| 2015 | -- | $75,440 | $3,800 | $71,640 |
| 2014 | -- | $75,440 | $3,800 | $71,640 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2025 08/05/25 | Price Changed | $165,000 | -6.3% | $42 / Sq Ft |
| 06/24/2025 06/24/25 | Price Changed | $176,000 | -4.9% | $45 / Sq Ft |
| 06/23/2025 06/23/25 | For Sale | $185,000 | +168.1% | $47 / Sq Ft |
| 07/01/2020 07/01/20 | Sold | -- | -- | -- |
| 06/16/2020 06/16/20 | Pending | -- | -- | -- |
| 06/16/2020 06/16/20 | For Sale | $69,000 | -- | $18 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $86,250 | American Nat L Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $69,000 | Construction |
Source: Wichita Falls Association of REALTORS®
MLS Number: 179131
APN: 0006775
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