NOT LISTED FOR SALE

518 King St Nacogdoches, TX 75961

5 Beds
5 Baths
2,546 Sq Ft
0.48 Acres

Last Sold August 31, 2023

4 Days on Market

Highlights

  • Wood Flooring
  • Outdoor Storage
  • Wood Siding
  • Porch
  • Central Air
  • Window Unit Heating System

About This Home

As of August 2023

FULL OF POTENTIAL and Zoned Multi-Family, Five Rental Units on two lots within walking distance of Downtown Nacogdoches and SFASU. Cash Flowing and ready for your vision. Together these two lots are split by a common parking area. To the right - 518 King Street #1, #2, #3 - a duplex (1/1, 1/1) and tiny cottage. To the left - 524 King Street #A, #B, #C - a duplex (1/1, 1/1) and tiny cottage for storage purposes. Total monthly rental income $2,350, landlord pays some utilities. Don't let this one get away from you.

Last Agent to Sell the Property

Olivia Kiritsy

Loblolly Properties, LLC License #TREC #591937 Listed on: 07/29/2023

Last Buyer's Agent

Olivia Kiritsy

Loblolly Properties, LLC License #TREC #591937 Listed on: 07/29/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,572

Lot Details

  • 0.48 Acre Lot

Parking

  • No Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,546 Sq Ft Home
  • 1-Story Property
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Thomas J. Rusk Elementary School
  • Mcmichael Middle School
  • Nacogdoches High School

Utilities

  • Central Air
  • Window Unit Heating System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Tenant Personal Property
  • Assessor Parcel Number 23093, 23094

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,572

Lot Details

0

Listing Details

  • Directions: From the corner of North Street and Main Street - Travel on NORTH STREET, turn RIGHT onto King Street. Continue straight through stop sign, crossing over Mound Street. Subject property on RIGHT. Parking lot in the middle of two white duplex homes. Two cottages at back.
  • Prop. Type: Residential
  • Building Stories: 1
  • Exclusions: Tenant Personal Property
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.48
  • Inclusions: Range,Refrigerator,Window A/C
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Electric Water Heater, Range, Refrigerator
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 2546
  • Dining Room Features: Combo Area

Exterior Features

  • Roof: Composition, Shingle
  • Disclosures: Seller Disclosure, Lead Base Paint Disclosure
  • Construction Type: Wood Siding
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Storage
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage/Carport

Utilities

  • Electric: Reliant Energy
  • Water Source: Public, City of Nacogdoches
  • Sewer: Public Sewer
  • Laundry Features: None
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Window Unit
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Gas Company: Centerpoint Energy

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Thomas J. Rusk
  • High School: Nacogdoches
  • Middle Or Junior School: McMichael Middle School

Lot Info

  • Zoning: MF
  • Lot Size Sq Ft: 20908.8
  • Parcel #: 23093, 23094
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3571.81
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Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold -- -- --
08/04/2023 08/04/23 Pending -- -- --
07/30/2023 07/30/23 For Sale $200,000 -- $79 / Sq Ft
Source: Nacogdoches County Board of REALTORS®

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 $2,007 $92,170 $17,890 $74,280
2024 $1,947 $92,170 $17,890 $74,280
2023 $1,775 $83,170 $17,890 $65,280
2022 $1,775 $79,560 $17,890 $61,670
2021 $1,665 $67,130 $14,900 $52,230
2020 $1,496 $62,400 $12,420 $49,980
2019 $1,571 $62,400 $12,420 $49,980
2018 $1,589 $63,390 $10,350 $53,040
2017 $1,621 $63,390 $10,350 $53,040
2016 $1,539 $60,190 $9,000 $51,190
2015 -- $60,190 $9,000 $51,190
2014 -- $60,190 $9,000 $51,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Nacogdoches County Board of REALTORS®

MLS Number: 22300854

APN: 23093