NOT LISTED FOR SALE

Estimated Value: $314,000 - $373,008

4 Beds
4 Baths
1,524 Sq Ft
$224/Sq Ft Est. Value

Last Sold October 28, 2019

Current estimated payment $2,525/month

10 Days on Market

Highlights

  • RV or Boat Parking
  • Covered Patio or Porch
  • Energy-Efficient Appliances
  • 0.78 Acre Lot
  • Paneling
  • Ceramic Tile Flooring

About This Home

As of October 2019

Awesome investment opportunity in the heart of Arlington on large lot! Separate house with duplex behind totals three new sources of income! House leases for $1,100; Unit C leased for $615 through Jan. 2020; and Unit D leased for $550 through Feb. 2020. Landlord pays water, gas on duplex only - tenant pays electric via separate meters for each unit. Tenant pays all bills on home. Landlord pays lawn maintenance. Main house sits to front of property and is bright with fresh paint and gorgeous flooring. Features two master suites with full bath for each. Private entrance into one master. Each unit of duplex has one bedroom, one bath, living and kitchen. Prime location for student housing located minutes from UTA.

Last Agent to Sell the Property

Jean Christenberry

Keller Williams Lonestar DFW License #0555037 Listed on: 07/11/2019

Keller Williams Lonestar DFW

Last Buyer's Agent

Khanty Chanthammavong

Ready Real Estate License #0645912

Ready Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,184

Year Built

  • Built in 1975

Lot Details

  • 0.78 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Irregular Lot
  • Few Trees
  • Large Grassy Backyard

Home Design

  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1,524 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Ceiling Fan
  • Decorative Lighting
  • Window Treatments

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 6 Car Garage
  • Common or Shared Parking
  • Side Facing Garage
  • Open Parking
  • RV or Boat Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Thermostat

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

  • Speer Elementary School
  • Shackelfor Middle School
  • Lamar High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Master Gas Meter
  • Master Water Meter
  • Electric Water Heater

Community Details

  • 3 Units
  • 1,524 Sq Ft Building
  • Hillcrest Add Subdivision

Listing and Financial Details

  • Legal Lot and Block I / 7
  • Assessor Parcel Number 01280597
  • $4,573 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,184

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Unit Levels: One
  • Accessory Dwelling Type: Other
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 25000
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: Yes
  • Ratio Current Price By Building: 152.88714
  • Special Features: None
  • Year Built: 1975

Interior Features

  • Square Footage: 1524.00
  • Windows: Window Coverings
  • Interior Amenities: Decorative Lighting, Paneling
  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Vented Exhaust Fan, Electric Water Heater

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Chain Link, Wood
  • Roof: Composition
  • Construction Materials: Brick, Wood
  • Exterior Features: Covered Patio/Porch, RV/Boat Parking, Storage
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Number Of Parking Spaces: 6
  • Parking Features: Common, Garage Faces Side, Open, Other
  • Parking Spaces: 1
  • OpenParkingYN: Yes
  • GarageYN: No

Utilities

  • Heating: Central, Natural Gas
  • Utilities: City Sewer, City Water, Master Gas Meter, Master Water Meter

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Arlington ISD
  • Elementary School: Speer
  • High School: Lamar
  • School District: Arlington ISD
  • Elementary School: Speer
  • Junior High School: Shackelfor
  • High School: Lamar

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: .5 to < 1 Acre
  • Lot Features: Acreage, Few Trees, Irregular Lot, Lrg. Backyard Grass
  • Lot Size Units: Acres
  • Lot Size Area: 0.7750
  • Parcel Number: 01280597
  • Lot Size Acres: 0.7750
  • Lot Size Sq Ft: 33759.0000

Green Features

  • Efficiency: Appliances, Thermostat
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1975
  • Units Total: 3

Multi Family

  • Gross Annual Expenses: 6500.00
  • Gross Annual Income: 31500.00
  • Tenancy: Other
  • Unit Count: 3

Tax Info

  • Unexempt Taxes: 4573
  • TaxBlock: 7
  • Tax Lot: I

MLS Schools

  • MiddleOrJuniorSchool: Shackelfor
  • Elementary School Name: Speer
  • High School Name: Lamar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
Oct 25, 2019
Sold by
Stroud Norma E
Bought by
Chanthammavong Khanty
Seller's Agent
Jean Christenberry
Keller Williams Lonestar DFW
Buyer's Agent
Khanty Chanthammavong
Ready Real Estate
List Price
$250,000
Current Estimated Value
$341,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%
Original Mortgage
$186,400
Outstanding Balance
$165,438
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$171,652
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
Chanthammavong Khanty -- Fatico
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chanthammavong Khanty $186,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2019 10/28/19 Sold -- -- --
07/21/2019 07/21/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $250,000 -- $164 / 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
2024 $8,184 $374,453 $134,980 $239,473
2023 $8,310 $376,590 $134,980 $241,610
2022 $7,667 $308,274 $134,980 $173,294
2021 $7,199 $277,089 $134,980 $142,109
2020 $6,384 $254,214 $134,980 $119,234
2019 $4,698 $180,838 $30,000 $150,838
2018 $4,573 $176,037 $15,000 $161,037
2017 $4,925 $185,054 $15,000 $170,054
2016 $4,638 $174,277 $15,000 $159,277
2015 $4,017 $152,300 $12,000 $140,300
2014 $4,017 $152,300 $12,000 $140,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14135286

North Texas Real Estate Information Systems (NTREIS)

APN: 01280597