$715,000
SOLD MAR 31, 2025
Last list price

521 Farm To Market Road 407 Argyle, TX 76226

6 Beds
5 Baths
1,350 Sq Ft
0.43 Acres

Recently Sold

$530 Per Sq Ft

4 Days on Market

Highlights

  • Two Primary Bedrooms
  • Open Floorplan
  • Covered Patio or Porch
  • Hilltop Elementary School Rated A
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of March 2025

WOW! Great Investment Opportunity in the highly desired Argyle ISD! Awesome Location! Rare opportunity to own a duplex in Argyle! Unit 519 has 3 beds and 3 full bathrooms with approximately 1653 sqft. Two primary bedrooms! Cozy fireplace! Wood like flooring and tile throughout! Great layout on one story! Neutral tones! New lighting! Galley kitchen with gray cabinets and stone tumbled tile backsplash! Unit 521 has been completely remodeled! 3 beds and 2 full baths with approximately 1772 sqft! Wood like and tile flooring throughout! Neutral paint! Amazing kitchen with granite countertops, shaker cabinets, stainless steel appliances! The bathrooms are amazing--new everything! Covered front porch and covered balcony! Large yard with fencing and 4-car carport PLUS bonus parking areas! Strong rental history! Unit 519 lease is up May 31, 2025. Unit 521 lease is up July 31, 2025 and may want to continue. Make this your investment opportunity to live on one side and rent the other or rent out both! Can't beat this location in a growing area with amazing schools! PLUS...possible assumable loan at 2.25%! RUN to see this one!

Last Agent to Sell the Property

Julie Bologna

eXp Realty LLC Brokerage Phone: 817-876-7076 License #0639175 Listed on: 02/28/2025

eXp Realty LLC

Last Buyer's Agent

Rachel Mann

Fathom Realty, LLC License #0669830

Fathom Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,890

Year Built

  • Built in 1972

Lot Details

  • 0.43 Acre Lot
  • Sprinkler System

Home Design

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

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Decorative Lighting
  • Wood Burning Fireplace
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 5 Full Bathrooms

Parking

  • 12 Parking Spaces
  • 4 Carport Spaces
  • Parking Pad

Schools

  • Argyle Middle School
  • Argyle High School

Utilities

  • Central Heating and Cooling System
  • Co-Op Water
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Additional Features

  • Accessible Approach with Ramp
  • Covered Patio or Porch

Community Details

  • 2 Units
  • 3,425 Sq Ft Building
  • Argyle Park Estate Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number R67317
  • $10,620 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,890

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: Two
  • Accessibility Features: Accessible Approach with Ramp
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 48599
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 210.21898
  • Attribution Contact: 817-876-7076
  • Special Features: None
  • Year Built: 1972

Interior Features

  • Windows: Window Coverings
  • Fireplace Features: Wood Burning
  • Interior Amenities: Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Open Floorplan, Pantry, Tile Counters, Walk-In Closet(s), Second Primary Bedroom
  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 5
  • Total Bedrooms: 6

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick, Siding
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air, Electric
  • Carport Spaces: 4
  • Total Covered Spaces: 4
  • Number Of Parking Spaces: 12
  • Parking Features: Parking Pad
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: Co-op Water, Electricity Connected, Septic

Condo/Co-op/Association

  • Complex Name: not applicable
  • Association Type: None

Schools

  • School District: Argyle ISD
  • Middle School: Argyle
  • High School: Argyle
  • School District: Argyle ISD
  • Intermediate School: Argyle

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 0.4300
  • Parcel Number: R67317
  • Lot Size Acres: 0.4300
  • Lot Size Sq Ft: 18730.8000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1972
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 7621.00
  • Gross Annual Income: 56220.00
  • Insurance Expense: 2509
  • Tenancy: 6 Months or Less
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 10620
  • Tax Lot: 2

MLS Schools

  • Middle School Name: Argyle
  • High School Name: Argyle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2025
Closed on
Mar 31, 2025
Sold by
Brooks Patrick Sven
Bought by
Rohde Kirk and Rohde Cara
Seller's Agent
Julie Bologna
eXp Realty LLC
Buyer's Agent
Rachel Mann
Fathom Realty, LLC
List Price
$715,000
Views
20
Current Estimated Value
$613,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-30.08%
Original Mortgage
$576,000
Outstanding Balance
$574,046
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$38,985

Purchase Details

Closed on
Jan 19, 2021
Sold by
Jdr-Noble Partners Llc
Bought by
Brooks Patrick Sven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,644
Interest Rate
2.67%
Mortgage Type
VA

Purchase Details

Closed on
Jan 8, 2021
Sold by
Rather Noble Partners Ltd
Bought by
Jdr-Noble Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,644
Interest Rate
2.67%
Mortgage Type
VA

Purchase Details

Closed on
Mar 2, 2006
Sold by
Michaels John M
Bought by
Rather Noble Partners Ltd

Purchase Details

Closed on
Jan 28, 2005
Sold by
Rather Noble Partners Ltd
Bought by
Michaels John M

Purchase Details

Closed on
Jul 20, 2004
Sold by
Prince Delores A
Bought by
Rather Noble Partners Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Deed -- Allegiance Title
Deed -- Allegiance Title
Deed -- Trinity Title
Deed -- Trinity Title
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Vendors Lien -- --
Vendors Lien -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $576,000 New Conventional
Previous Owner $464,644 VA
Previous Owner $184,500 Unknown
Previous Owner $178,000 Purchase Money Mortgage
Closed $0 Assumption
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold -- -- --
03/05/2025 03/05/25 Pending -- -- --
02/28/2025 02/28/25 For Sale $715,000 0.0% $530 / Sq Ft
05/31/2023 05/31/23 Rented $2,250 0.0% --
05/27/2023 05/27/23 Under Contract -- -- --
04/24/2023 04/24/23 For Rent $2,250 -- --
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
2025 $6,890 $604,435 $187,300 $417,135
2024 $10,620 $565,509 $164,444 $401,065
2023 $5,987 $559,089 $112,380 $467,620
2022 $10,391 $501,066 $112,380 $388,686
2021 $9,352 $440,743 $74,920 $365,823
2020 $5,733 $257,000 $74,920 $182,080
2019 $5,932 $257,000 $74,920 $182,080
2018 $4,873 $210,000 $51,508 $158,492
2017 $4,632 $200,000 $51,508 $148,492
2016 $4,632 $200,000 $51,508 $148,492
2015 -- $195,000 $51,508 $143,492
2014 -- $180,000 $51,508 $128,492
2013 -- $180,000 $49,903 $130,097
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20836512

North Texas Real Estate Information Systems (NTREIS)

APN: R67317