NOT LISTED FOR SALE

518 Harris St Unit 520 Gunter, TX 75058

Estimated Value: $497,000

3 Beds
2 Baths
-- Sq Ft
0.28 Acres

Last Sold July 29, 2022

Current estimated payment $3,589/month

5 Days on Market

Highlights

  • 2-Car Garage with two garage doors
  • Interior Lot
  • 1-Story Property
  • Gunter Elementary School Rated A
  • Cooling Available
  • Heating Available

About This Home

As of July 2022

MULTIPLE OFFERS RECEIVED, BEST AND FINAL TUESDAY JULY 5TH @ 4PM.
DO NOT MISS THIS RARE OPPORTUNITY!! Newer Construction in Booming Gunter, Texas!! 3 Bedroom 2 Bath on each side with OVERSIZED 2 car garages!! Very desirable one story floor plan!! Both tenants are on month to month and are prepared for rental increase. Buyer, if an investor, can continue leases if so please. If Buyer is owner occupant, buyer can live in one side and lease out the other side, now is the opportunity!! Long term very well, paid tenants would like to remain. DO NOT MISS!!

Last Agent to Sell the Property

Heather Martinez

Fife & Associates Realty, LLC License #0644737 Listed on: 06/30/2022

Last Buyer's Agent

Bill Fife

Fife & Associates Realty, LLC License #0353340

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,419

Year Built

  • Built in 2009

Lot Details

  • 0.28 Acre Lot
  • Interior Lot

Parking

  • 2-Car Garage with two garage doors

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Decorative Lighting
  • Window Treatments

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Gunter Elementary And Middle School
  • Gunter High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 2 Units
  • 2,272 Sq Ft Building
  • Gunter Town Center Add Ph I Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / B
  • Assessor Parcel Number 209959
  • $7,560 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,419

Year Built

Built in 2009

Lot Details

0

Parking

2

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: 19222
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 187.05986
  • Special Features: None
  • Year Built: 2009

Interior Features

  • Windows: Window Coverings
  • Interior Amenities: Decorative Lighting, Other
  • Appliances: Dishwasher, Electric Range
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Other
  • Roof: Composition
  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Cooling System: Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Number Of Parking Spaces: 4
  • Parking Features: 2-Car Double Doors
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Electric
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Gunter ISD
  • Elementary School: Gunter
  • Middle School: Gunter
  • High School: Gunter
  • School District: Gunter ISD

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Interior Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.2820
  • Parcel Number: 209959
  • Lot Size Acres: 0.2820
  • Lot Size Sq Ft: 12283.9200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2009
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 12518.00
  • Gross Annual Income: 31740.00
  • Insurance Expense: 1594
  • Tenancy: Month to Month
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 7560
  • TaxBlock: B
  • Tax Lot: 4

MLS Schools

  • Middle School Name: Gunter
  • Elementary School Name: Gunter
  • High School Name: Gunter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Aug 26, 2022
Sold by
Jid Holdings Llc
Bought by
Jid 518-520 Harris Series Llc
Seller's Agent
Heather Martinez
Fife & Associates Realty, LLC
Buyer's Agent
Bill Fife
Fife & Associates Realty, LLC
List Price
$419,000
Current Estimated Value
$497,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%
Original Mortgage
$125,000
Outstanding Balance
$120,458
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$347,542

Purchase Details

Listed on
Jun 30, 2022
Closed on
Jul 28, 2022
Sold by
Djwortham Properties Llc
Bought by
Donovan James M and Donovan Inna
Seller's Agent
Heather Martinez
Fife & Associates Realty, LLC
Buyer's Agent
Bill Fife
Fife & Associates Realty, LLC
List Price
$419,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$120,458
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$347,542

Purchase Details

Closed on
Sep 13, 2018
Sold by
Ives Jeff and Ives Penny
Bought by
Djwortham Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,500
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Jid 518-520 Harris Series Llc -- Simplifile
Jid Holdings Llc -- Simplifile
Donovan James M -- None Listed On Document
Djwortham Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donovan James M $125,000
Previous Owner Djwortham Properties Llc $19,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold -- -- --
07/05/2022 07/05/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $419,000 -- --
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 $10,419 $473,703 $161,226 $312,477
2023 $9,277 $425,003 $143,569 $281,434
2022 $9,551 $401,639 $60,651 $340,988
2021 $7,811 $291,619 $36,851 $254,768
2020 $8,635 $317,278 $35,255 $282,023
2019 $8,588 $301,434 $35,255 $266,179
2018 $7,614 $268,909 $20,315 $248,594
2017 $7,953 $275,577 $20,315 $255,262
2016 $4,917 $170,367 $20,315 $150,052
2015 $0 $174,802 $18,471 $156,331
2014 -- $147,713 $15,010 $132,703
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20102039

North Texas Real Estate Information Systems (NTREIS)

APN: 209959