NOT LISTED FOR SALE

501 Fm 315 S Unit 1 Chandler, TX 75758

Estimated Value: $194,000

42 Beds
20 Baths
18,710 Sq Ft
$10/Sq Ft Est. Value

Last Sold December 14, 2021

Current estimated payment $1,210/month

149 Days on Market

Highlights

  • 1-Story Property
  • Brownsboro J High School Rated A-
  • Central Air

About This Home

As of December 2021

16 UNIT APARTMENT QUAD AND DUPLEX IN GREAT AREA, THE PROPERTY WAS BUILD IN STAGES FROM 2015-2019. TOTAL OF 18,710 SQ FT WITH 2 AND 3 BEDROOM UNITS. TENANTS PAY ELECTRIC AND OWNER PAYSWATER. EACH UNIT HAS WASHER DRYER CONNECTIONS, THE CONSTRUCTION OF THE PROPERTY ISAMAZING. THE BUILDER WENT TO GREAT DETAIL WHEN DESIGNING THE UNITS, WITH FOCUS ON EASYMAINTAINCE AND DURABILTY TO KEEP COST DOWN. JUST TO NAME A FEW CONCRETE FLOORS, LED LIGHTINGAND SPRAYFOAM INSULATION. OVER $200,000 PER YEAR INCOME AND POTENTIAL FOR MORE.

Last Agent to Sell the Property

Laura Hooker

Leslie Cain Realty License #0686991 Listed on: 04/20/2021

Last Buyer's Agent

Rajesh Bhatia

Reputed Brokerage License #0598531

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $34,616

Year Built

  • Built in 2015

Lot Details

  • 5.2

Home Design

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

Interior Spaces

  • 18,710 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 42 Bedrooms
  • 20 Full Bathrooms

Parking

  • 32 Parking Spaces
  • Assigned Parking

Schools

  • Brownsboro Elementary And Middle School
  • Chandler Middle School
  • Brownsboro High School

Utilities

  • Central Air
  • Heat Pump System
  • Overhead Utilities
  • Master Water Meter
  • Aerobic Septic System

Additional Features

  • 5.2 Acre Lot
  • Outside City Limits

Community Details

  • 16 Units
  • 18,710 Sq Ft Building
  • Joseph Mathew Surv Abs 548 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 054802300A0010
  • $33,965 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,616

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 135014
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 106.89471
  • Special Features: None
  • Year Built: 2015

Interior Features

  • Square Footage: 18710.00
  • Interior Amenities: Other
  • Appliances: Dishwasher, Electric Range

Beds/Baths

  • Full Bathrooms: 20
  • Total Bedrooms: 42

Exterior Features

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

Garage/Parking

  • Cooling System: Central Air, Electric, Heat Pump
  • Number Of Parking Spaces: 32
  • Parking Features: Assigned
  • GarageYN: No

Utilities

  • Heating: Heat Pump
  • Utilities: Aerobic Septic, Gravel/Rock, Master Water Meter, Outside City Limits, Overhead Utilities

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Brownsboro ISD
  • Elementary School: Brownsboro
  • Intermediate School: Chandler
  • Junior High School: Brownsboro
  • High School: Brownsboro

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 5.2010
  • Parcel Number: 054802300A0010
  • Lot Size Acres: 5.2010
  • Lot Size Sq Ft: 226555.5600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2015
  • Units Total: 16

Multi Family

  • Gross Annual Expenses: 67425.00
  • Gross Annual Income: 202440.00
  • Insurance Expense: 12144
  • Tenancy: No Smoking, No Sublease, No Waterbeds, Pets Allowed, Written Application Only

Tax Info

  • Unexempt Taxes: 33965

MLS Schools

  • MiddleOrJuniorSchool: Brownsboro
  • Elementary School Name: Brownsboro
  • High School Name: Brownsboro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2014
Sold by
Vergara Ruperta
Bought by
Graham J L Properties Llc
Current Estimated Value
$194,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,002
Outstanding Balance
$178,315
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$15,685

Purchase Details

Closed on
Jul 24, 2012
Sold by
Perez Maria Delcarmen and Perez Martin
Bought by
Graham J L Properties Llc
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Graham J L Properties Llc -- --
J L Graham Properties Llc -- Homeland Title
Graham J L Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J L Graham Properties Llc $321,002
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2021 12/14/21 Sold -- -- --
09/16/2021 09/16/21 Pending -- -- --
06/24/2021 06/24/21 Price Changed $2,200,000 -4.3% $118 / Sq Ft
04/20/2021 04/20/21 For Sale $2,300,000 -- $123 / 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
2025 $34,616 $2,161,679 $77,064 $2,084,615
2024 $34,616 $2,161,679 $77,064 $2,084,615
2023 $32,834 $2,002,230 $53,147 $1,949,083
2022 $49,278 $2,808,720 $53,150 $2,755,570
2021 $37,609 $1,929,610 $35,990 $1,893,620
2020 $36,050 $1,741,940 $35,990 $1,705,950
2019 $23,943 $1,094,890 $33,700 $1,061,190
2018 $19,937 $933,980 $33,630 $900,350
2017 $25,250 $1,156,840 $33,630 $1,123,210
2016 $10,252 $468,190 $33,630 $434,560
2015 $10,212 $45,810 $33,630 $12,180
2014 $970 $45,810 $33,630 $12,180
Source: Public Records

Agents Affiliated with this Home

  • Laura Hooker

    Seller's Agent in 2021

    Laura Hooker

    Leslie Cain Realty

    (214) 454-6998

    266 Total Sales

    Laura Hooker
    Section Image
  • Rajesh Bhatia

    Buyer's Agent in 2021

    Rajesh Bhatia

    Reputed Brokerage

    (832) 712-7697

    7 Total Sales

    Rajesh Bhatia
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14560638

North Texas Real Estate Information Systems (NTREIS)

APN: 0548-0230-0A00-10

Texas Henderson County Chandler 75758

501 Fm 315 S Unit 1, Chandler, TX

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