NOT LISTED FOR SALE

5200 Flamingo Rd Unit 5200 & 5202 Fort Worth, TX 76119

Echo Heights Neighborhood

Estimated Value: $350,129 - $388,000

6 Beds
4 Baths
-- Sq Ft
7,187 Sq Ft Lot

Last Sold June 13, 2022

Current estimated payment $2,629/month

32 Days on Market

Highlights

  • 1 Car Attached Garage
  • 1-Story Property
  • Central Heating and Cooling System
  • Eat-In Kitchen

About This Home

As of June 2022

This investment property features 3 bedrooms and 2 full bathrooms and a 1 car garage for each side of the duplex. The property will have foundation work completed in the next 2 weeks with transferrable lifetime warranty. The units are fully occupied with month to month leases.

Last Agent to Sell the Property

KELLY LAWLESS

Lawless Real Estate Services License #0600525 Listed on: 04/23/2022

Last Buyer's Agent

Reed Hunter

New Western License #0741838

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,018

Year Built

  • Built in 2005

Lot Details

  • 7,187

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

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

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Schools

  • Mcrae Elementary School
  • Forest Oak Middle School
  • Polytechni High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • 1-Story Property
  • 7,187 Sq Ft Lot
  • 1,960 SF Accessory Dwelling Unit

Community Details

  • 2 Units
  • 1,960 Sq Ft Building
  • Couch J T Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 20 / 14
  • Assessor Parcel Number 00636584
  • $5,376 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,018

Year Built

Built in 2005

Lot Details

0

Parking

1

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: 20000
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit Sq Ft: 1960
  • Ratio Current Price By Building: 147.95918
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Interior Amenities: Eat-in Kitchen, Other
  • Appliances: Electric Oven, Electric Range, Electric Water Heater

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: None
  • Roof: Composition
  • Construction Materials: Brick, Wood

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 1
  • Total Covered Spaces: 1
  • Number Of Parking Spaces: 4
  • Parking Features: Garage, Garage Faces Front
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

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

Condo/Co-op/Association

  • Complex Name: 5200 & 5202 Flamingo Dr
  • Association Type: None

Schools

  • School District: Fort Worth ISD
  • Elementary School: Mcrae
  • Middle School: Forest Oak
  • High School: Polytechni
  • School District: Fort Worth ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.1650
  • Parcel Number: 00636584
  • Lot Size Acres: 0.1650
  • Lot Size Sq Ft: 7187.4000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2005
  • Units Total: 2
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 3171.00
  • Gross Annual Income: 26400.00
  • Insurance Expense: 4500
  • Tenancy: Month to Month, Other
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 5376
  • TaxBlock: 14
  • Tax Lot: 20

MLS Schools

  • Middle School Name: Forest Oak
  • Elementary School Name: Mcrae
  • High School Name: Polytechni

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2024
Sold by
T & R Building Llc
Bought by
Cazares-Ruiz Roberto
Current Estimated Value
$369,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Outstanding Balance
$281,296
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$88,381

Purchase Details

Listed on
Apr 23, 2022
Closed on
Jun 8, 2022
Sold by
Jeremy Langford
Bought by
Heb Homes Llc
Seller's Agent
KELLY LAWLESS
Lawless Real Estate Services
Buyer's Agent
Reed Hunter
New Western
List Price
$299,900
Sold Price
$299,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%

Purchase Details

Closed on
Jun 29, 2006
Sold by
Hopkins Floyd L and Hopkins Jena A
Bought by
Langford Jeremy and Langford Tandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2006
Sold by
Vector Builders Ltd
Bought by
Hopkins Floyd L and Hopkins Jena A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,400
Interest Rate
2.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 22, 2005
Sold by
Mallick Investments Partnership Ltd
Bought by
Vector Builders Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
5.61%
Mortgage Type
Construction

Purchase Details

Closed on
May 23, 2005
Sold by
Hicks Rod
Bought by
Mallick Investments
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cazares-Ruiz Roberto -- Alamo Title
Heb Homes Llc -- Dorsett Johnson & Swift Llp
Langford Jeremy -- Sendera Title Inc
Hopkins Floyd L -- Sendera Title
Vector Builders Ltd -- Blue Star Title Inc
Mallick Investments -- First Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cazares-Ruiz Roberto $284,000
Previous Owner Langford Jeremy $123,750
Previous Owner Langford Jeremy $33,000
Previous Owner Hopkins Floyd L $124,400
Previous Owner Hopkins Floyd L $15,550
Previous Owner Vector Builders Ltd $140,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2022 06/13/22 Sold -- -- --
05/25/2022 05/25/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $299,900 0.0% --
05/05/2022 05/05/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $299,900 0.0% --
04/26/2022 04/26/22 Pending -- -- --
04/23/2022 04/23/22 For Sale $299,900 -- --
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 $7,018 $312,747 $21,525 $291,222
2023 $6,562 $290,000 $21,525 $268,475
2022 $5,589 $215,000 $5,000 $210,000
2021 $5,486 $200,000 $5,000 $195,000
2020 $3,968 $149,901 $2,000 $147,901
2019 $4,124 $194,696 $2,000 $192,696
2018 $3,483 $126,618 $2,000 $124,618
2017 $3,429 $121,049 $2,000 $119,049
2016 $3,036 $107,167 $2,000 $105,167
2015 $2,830 $99,700 $2,000 $97,700
2014 $2,830 $99,700 $2,000 $97,700
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    KELLY LAWLESS

    Lawless Real Estate Services

    (817) 323-0114

    1 in this area

    18 Total Sales

    KELLY LAWLESS
    Section Image

  • R

    Buyer's Agent in 2022

    Reed Hunter

    New Western

    (817) 269-6003

    2 in this area

    114 Total Sales

    Reed Hunter
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20039733

North Texas Real Estate Information Systems (NTREIS)

APN: 00636584

Texas Tarrant County Fort Worth 76119 Echo Heights

5200 Flamingo Rd Unit 5200 & 5202, Fort Worth, TX

This home is located at 5200 Flamingo Rd Unit 5200 & 5202, Fort Worth, TX 76119 since 23 April 2022 and is currently estimated at $369,065. This property was built in 2005. 5200 Flamingo Rd Unit 5200 & 5202 is a home located in Tarrant County with nearby schools including W.M. Green Elementary School, O.D. Wyatt High School, and Forest Oak Middle School.

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