$580,000
$10K PRICE DROP

5109 Herrick Ct Unit A-D Haltom City, TX 76117

Estimated payment $4,079/month

Total Views 11,084
8 Beds
8 Baths
3,604 Sq Ft
$161 Price per Sq Ft

Highlights

  • Ceramic Tile Flooring
  • Ceiling Fan
  • High Speed Internet
  • Central Heating and Cooling System

About This Home

Prime Investment Opportunity! This fully occupied quadruplex in Haltom City offers a fantastic return potential with opportunity for increase to market rents. Conveniently located near major highways, shopping centers, and dining options, it provides excellent accessibility for tenants. With the previous owner, the property had numerous upgrades, including new windows, updated HVAC systems, fresh flooring throughout, updated kitchens with new countertops, appliances, and some units with stained cabinets. A few bathrooms have been refreshed with refurbished tubs and newer sinks, along with fresh paint throughout over the last few years. Plus, a new roof was installed in 2023! Each unit also features washer and dryer connections in the kitchen. All units are occupied. Don’t miss this turnkey investment. Photos are of Unit A taken in 2024. As all units are occupied, no showings until property is under contract.

Listing Agent

Lucia Rushton

eXp Realty LLC Brokerage Phone: 214-273-7102 License #0712213 Listed on: 02/13/2025

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,513

Year Built

  • Built in 1984

Lot Details

  • 9,932 Sq Ft Lot

Parking

  • Unassigned Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Schools

  • Birdville Elementary School
  • Haltom High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 17 / 57
  • Assessor Parcel Number 05503132

Community Details

Overview

  • 4 Units
  • 3,604 Sq Ft Building
  • Browning Heights East Subdivision

Building Details

  • Gross Income $49,200
  • Net Operating Income $25,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,513

Year Built

Built in 1984

Lot Details

0

Listing Details

  • OWNERNAME: see tax role
  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Attribution Contact: 214-273-7102
  • CapRate: 4.43
  • Co List Office Mls Id: XPTY01
  • Special Features: VirtualTour
  • Year Built: 1984

Interior Features

  • Interior Amenities: High Speed Internet, Cable TV
  • Flooring: Carpet, Combination, Ceramic Tile, Luxury Vinyl Plank
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Vented Exhaust Fan

Beds/Baths

  • Full Bathrooms: 8
  • Total Bedrooms: 8

Exterior Features

  • Foundation: Slab
  • Community Features: Sidewalks
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: None

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Parking Features: Unassigned
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric
  • Utilities: Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Birdville
  • High School: Haltom
  • Junior High Dist: Birdville ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.228
  • Parcel Number: 05503132
  • Lot Size Acres: 0.228
  • Lot Size Sq Ft: 9931.68

Building Info

  • Year Built: 1984
  • Units Total: 4

Multi Family

  • Insurance Expense: 3565.0
  • Annual Gross Income: 49200.0
  • Property Net Operating Income: 25680.0

Tax Info

  • TaxBlock: 57
  • Tax Lot: 17
  • Tax Annual Amount: 10513.0

MLS Schools

  • MiddleOrJuniorSchool: Haltom

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $10,513 $464,888 $49,755 $415,133
2023 $10,638 $468,319 $49,755 $418,564
2022 $10,551 $427,779 $34,828 $392,951
2021 $10,458 $396,922 $18,000 $378,922
2020 $9,041 $342,681 $18,000 $324,681
2019 $7,287 $269,751 $18,000 $251,751
2018 $7,294 $270,000 $18,000 $252,000
2017 $9,325 $335,360 $18,000 $317,360
2016 $5,984 $215,215 $18,000 $197,215
2015 $5,639 $203,100 $18,000 $185,100
2014 $5,639 $203,100 $18,000 $185,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2025 03/01/25 Price Changed $580,000 -1.7% $161 / Sq Ft
02/13/2025 02/13/25 For Sale $590,000 -- $164 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Deed -- Wfg National Title
Vendors Lien -- None Available
Interfamily Deed Transfer -- None Available
Special Warranty Deed -- Chicago Title
Trustee Deed $136,279 None Available
Vendors Lien -- Commonwealth Land Title
Vendors Lien -- Rattikin Title Co
Warranty Deed -- Austin Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,750 New Conventional
Previous Owner $4,411,498 New Conventional
Previous Owner $152,250 New Conventional
Previous Owner $98,000 New Conventional
Previous Owner $136,250 Balloon
Previous Owner $128,000 No Value Available
Previous Owner $120,000 No Value Available
Previous Owner $100,000 No Value Available
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20843354

North Texas Real Estate Information Systems (NTREIS)

APN: 05503132