NOT LISTED FOR SALE

Estimated Value: $604,000 - $627,320

7 Beds
6.5 Baths
3,394 Sq Ft
$180/Sq Ft Est. Value

Last Sold December 18, 2023

Current estimated payment $4,422/month

66 Days on Market

Highlights

  • 3 Fireplaces
  • Cul-De-Sac
  • Accessible Approach with Ramp
  • Richland High School Rated A-
  • 3 Car Attached Garage
  • Ceramic Tile Flooring

About This Home

As of December 2023

Don't miss this exceptional opportunity to purchase a multi-unit triplex in the exploding Ft Worth area! This has 3 units. Unit A is two story and is 3 bedroom and 2.1 bathrooms with 1400 sq ft. It has a huge master plus two good size bedrooms, with an extra room that can be used for an office or kid's playroom. Units B & C are roomy 2 bedroom 2 bath with a one car garage. They all have luxury vinyl plank flooring in the living areas and new carpet in the bedrooms. All unit have a wood burning fireplace and a Lundry room for full size washer and dryer. Unit C has a new HVAC unit.

A and B are vacant and ready for showings. Unit C is occupied by long term tenants, please do not disturb. That lease is $1200 and expires May 31,2024. Market rate for A is $1700, and B is $1400.

Last Agent to Sell the Property

Ronald Koehn

Bluebonnet Realty & Property M Brokerage Phone: 817-431-4193 License #0493802 Listed on: 08/22/2023

Last Buyer's Agent

Samy Eskander

Legacy Streets License #0730278

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,042

Year Built

  • Built in 1985

Lot Details

  • 6,186 Sq Ft Lot
  • Cul-De-Sac
  • Wood Fence

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Triplex
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • 3 Fireplaces
  • Wood Burning Fireplace

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Accessible Home Design

  • Accessible Approach with Ramp

Schools

  • Holiday Elementary School
  • Norichland Middle School
  • Richland High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 10R / 42A
  • Assessor Parcel Number 05424550
  • $7,460 per year unexempt tax

Community Details

Overview

  • 3 Units
  • 3,394 Sq Ft Building
  • Richland Terrace Add Subdivision

Amenities

  • Community Mailbox

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,042

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Unit Levels: Two
  • Accessibility Features: Accessible Approach with Ramp
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 45
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Horse Permitted Y N: No
  • Ratio Current Price By Building: 179.72893
  • Attribution Contact: 817-431-4193
  • Special Features: None
  • Year Built: 1985

Interior Features

  • Fireplace Features: Wood Burning
  • Interior Amenities: Cable TV Available
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater
  • Basement YN: No
  • Fireplaces: 3

Beds/Baths

  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 7

Exterior Features

  • Pool: No
  • Foundation: Block, Slab
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Aluminum Siding, Brick
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 3
  • Total Covered Spaces: 3
  • Number Of Parking Spaces: 3
  • Parking Features: Garage Single Door, Garage Door Opener
  • Attached Garage YN: Yes
  • Garage Height: 8
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • Utilities: Asphalt, City Sewer, City Water, Community Mailbox, Curbs, Individual Water Meter

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Birdville ISD
  • Elementary School: Holiday
  • Middle School: Norichland
  • High School: Richland
  • School District: Birdville ISD
  • Elementary School: Holiday

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Units: Acres
  • Lot Size Area: 0.1420
  • Parcel Number: 05424550
  • Lot Size Acres: 0.1420
  • Lot Size Sq Ft: 6185.5200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1985
  • Units Total: 3
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 55.00
  • Gross Annual Income: 100.00
  • Insurance Expense: 3600
  • Tenancy: Over 9 Months
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 7460
  • Special Taxing Entities: No
  • TaxBlock: 42A
  • Tax Lot: 10R

MLS Schools

  • Middle School Name: Norichland
  • Elementary School Name: Holiday
  • High School Name: Richland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2023
Closed on
Dec 15, 2023
Sold by
Horner Mark A and Horner Cristina B
Bought by
Youssef Ehab and Asaad Sameh
Seller's Agent
Ronald Koehn
Bluebonnet Realty & Property M
Buyer's Agent
Samy Eskander
Legacy Streets
List Price
$625,000
Views
67
Current Estimated Value
$612,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.24%
Original Mortgage
$457,500
Outstanding Balance
$451,805
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$160,275

Purchase Details

Closed on
Jan 28, 2002
Sold by
Thompson C Barton
Bought by
Horner Mark A and Horner Cristina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.15%
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
Youssef Ehab -- First American Title Insurance
Horner Mark A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Youssef Ehab $457,500
Previous Owner Horner Mark A $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Sold -- -- --
11/07/2023 11/07/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $625,000 0.0% $184 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
10/25/2023 10/25/23 For Sale $625,000 0.0% $184 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $625,000 +80545.2% $184 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
04/10/2012 04/10/12 Rented $775 0.0% --
03/11/2012 03/11/12 Under Contract -- -- --
02/20/2012 02/20/12 For Rent $775 -- --
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
2024 $13,042 $601,000 $30,000 $571,000
2023 $11,325 $516,256 $30,000 $486,256
2022 $7,460 $310,000 $30,000 $280,000
2021 $7,888 $310,000 $30,000 $280,000
2020 $7,552 $296,800 $20,000 $276,800
2019 $7,816 $296,800 $20,000 $276,800
2018 $5,172 $196,389 $20,000 $176,389
2017 $5,250 $195,114 $20,000 $175,114
2016 $5,997 $222,888 $20,000 $202,888
2015 $5,174 $192,600 $16,000 $176,600
2014 $5,174 $192,600 $16,000 $176,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20407439

North Texas Real Estate Information Systems (NTREIS)

APN: 05424550