$1,450,000
SOLD DEC 4, 2024
Last list price

4892 Masch Branch Rd Krum, TX 76249

20 Beds
10 Baths
1,200 Sq Ft
2.18 Acres

Recently Sold

$1,208 Per Sq Ft

59 Days on Market

Highlights

  • 2.18 Acre Lot
  • Accessibility Features
  • 1-Story Property
  • Accessible Entrance
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of December 2024

Incredible Investment Opportunity! 10 unit apartment complex in Krum TX. Fully leased with room to increase rates to market rate. Additional acreage to develop further. 8.7% CAP rate, call today for more information!

Last Agent to Sell the Property

Taylor Lokey

Scott Brown Properties Inc Brokerage Phone: 940-243-7638 License #0705913 Listed on: 08/01/2024

Last Buyer's Agent

Taylor Lokey

Scott Brown Properties Inc Brokerage Phone: 940-243-7638 License #0705913 Listed on: 08/01/2024

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1998

Parking

  • 24 Parking Spaces

Home Design

  • Slab Foundation
  • Metal Roof
  • Aluminum Siding
  • Metal Siding

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 10 Full Bathrooms

Accessible Home Design

  • Accessibility Features
  • Accessible Entrance

Schools

  • Dyer Elementary School
  • Krum Middle School
  • Dodd Middle School
  • Krum High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • High Speed Internet

Additional Features

  • 1-Story Property
  • 2.18 Acre Lot

Community Details

  • 10 Units
  • 12,000 Sq Ft Building
  • Little Brook Estate 2 Subdivision

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number R244846
  • $13,612 per year unexempt tax

Property Details

Home Type

Apartment

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: One
  • Accessibility Features: Accessible Entrance
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 126962
  • Will Subdivide: No
  • Accessibility Features Yn: Yes
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 122.91667
  • Attribution Contact: 940-243-7638
  • Special Features: None
  • Year Built: 1998

Interior Features

  • Interior Amenities: High Speed Internet Available
  • Flooring: Luxury Vinyl Plank, Tile
  • Appliances: Dishwasher, Disposal, Electric Range

Beds/Baths

  • Full Bathrooms: 10
  • Total Bedrooms: 20

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Metal
  • Construction Materials: Aluminum Siding, Metal Siding

Garage/Parking

  • Cooling System: Central Air
  • Number Of Parking Spaces: 24
  • Parking Features: Concrete
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Heating: Central
  • Utilities: City Water, Concrete, Curbs, Electricity Connected, Septic

Condo/Co-op/Association

  • Complex Name: Little Brook Estate 2
  • Association Type: None

Schools

  • School District: Krum ISD
  • Elementary School: Dyer
  • Middle School: Krum
  • High School: Krum
  • School District: Krum ISD
  • Elementary School: Dyer
  • Primary School: Krum
  • Intermediate School: Dodd

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 2.1800
  • Parcel Number: R244846
  • Lot Size Acres: 2.1800
  • Lot Size Sq Ft: 94960.8000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1998
  • Units Total: 10
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 35714.00
  • Gross Annual Income: 165435.00
  • Insurance Expense: 9456
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 13612
  • Tax Lot: 27

MLS Schools

  • Middle School Name: Krum
  • Elementary School Name: Dyer
  • High School Name: Krum

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
12/04/2024 12/04/24 Sold -- -- --
09/30/2024 09/30/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $1,450,000 -27.1% $1,208 / Sq Ft
07/05/2022 07/05/22 Sold -- -- --
05/06/2022 05/06/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $1,990,000 -- $1,658 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Taylor Lokey

    Scott Brown Properties Inc

    (940) 243-7638

    4 in this area

    119 Total Sales

    Taylor Lokey
    Section Image

  • B

    Seller's Agent in 2022

    Barbara Gailey

    BARBARA GAILEY REAL ESTATE

    (940) 390-4848

    1 in this area

    3 Total Sales

    Barbara Gailey
    Section Image

  • T

    Buyer's Agent in 2022

    Tyler Austin

    Fathom Realty LLC

    (214) 500-3345

    1 in this area

    33 Total Sales

    Tyler Austin
    Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20691236

North Texas Real Estate Information Systems (NTREIS)
Texas Denton County Krum 76249

4892 Masch Branch Rd, Krum, TX

This home is located at 4892 Masch Branch Rd, Krum, TX 76249 and is currently priced at $1,450,000, approximately $1,208 per square foot. This property was built in 1998. 4892 Masch Branch Rd is a home located in Denton County with nearby schools including Krum Early Education Center, Blanche Dodd Intermediate School, and Krum Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

Nearby Homes