NOT LISTED FOR SALE

548 Billie Ruth Ln Hurst, TX 76053

Estimated Value: $390,000 - $517,000

5 Beds
4 Baths
3,036 Sq Ft
$152/Sq Ft Est. Value

Last Sold November 23, 2021

Current estimated payment $3,033/month

22 Days on Market

Highlights

  • 4 Car Attached Garage
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Hurst Hills Elementary School Rated A
  • 1-Story Property
  • High Speed Internet

About This Home

As of November 2021

DUPLEX (548 550), CORNOR LOT, RARE SALE in highly desired rental location in HEB. Unit 1 is 3-2 Fully updated with Granite Counters, Vinyl Floors, New Fixtures etc. and kept vacant for showings. Unit 2 is 2-2 with long term tenant since 2012. Both units have 2 car garages, laundry rooms, private back yards. Location close to schools, highways, shopping, library, post office etc. Roof replaced in 2018. PLEASE do not disturb tenant. No sign on the property. Information is deemed reliable, but not guaranteed, buyer or buyers agent to verify all the information. Priced well below DFW market for quick close. Remove shoes outside if muddy.

Last Agent to Sell the Property

Sateesh Rudrangi

Beam Real Estate, LLC License #0655075 Listed on: 09/30/2021

Beam Real Estate, LLC

Last Buyer's Agent

Roxanne Sullivan

Yellow Door Property Group License #0617933

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,303

Year Built

  • Built in 1970

Lot Details

  • 0.26 Acre Lot
  • Subdivision Possible

Parking

  • 4 Car Attached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,036 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Schools

  • Hursthills Elementary School
  • Hurst Middle School
  • Bell High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3,036 Sq Ft Building
  • Engler Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number 00863866
  • $4,827 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,303

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Net Operation Income: 11200
  • Will Subdivide: Yes
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 148.22134
  • Special Features: None
  • Year Built: 1970

Interior Features

  • Square Footage: 3036.00
  • Interior Amenities: Cable TV Available, High Speed Internet Available, Other
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

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

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 4
  • Parking Features: 2-Car Single Doors
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

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

Condo/Co-op/Association

  • Complex Name: Engler Add
  • Association Type: None

Schools

  • School District: Hurst-Euless-Bedford ISD
  • Elementary School: Hursthills
  • Junior High School: Hurst
  • High School: Bell

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.2590
  • Parcel Number: 00863866
  • Lot Size Acres: 0.2590
  • Lot Size Sq Ft: 11282.0400

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1970
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 6000.00
  • Gross Annual Income: 18216.00
  • Insurance Expense: 1000
  • Tenancy: Lease While on Market, Month to Month, Over 9 Months

Tax Info

  • Unexempt Taxes: 4827
  • TaxBlock: 1
  • Tax Lot: 1

MLS Schools

  • MiddleOrJuniorSchool: Hurst
  • Elementary School Name: Hursthills
  • High School Name: Bell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Nov 23, 2021
Sold by
Evolvity Solutions Llc
Bought by
German Tracy Lynn
Seller's Agent
Sateesh Rudrangi
Beam Real Estate, LLC
Buyer's Agent
Roxanne Sullivan
Yellow Door Property Group
List Price
$465,000
Current Estimated Value
$462,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.40%
Original Mortgage
$441,849
Outstanding Balance
$405,215
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$56,995

Purchase Details

Closed on
Jun 22, 2012
Sold by
Wells Fargo Bank Na
Bought by
Shree Investments

Purchase Details

Closed on
Mar 6, 2012
Sold by
Defranceschi Robert and Riedo Elena
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 10, 2007
Sold by
Pinehurst Hills Ltd
Bought by
Defranceschi Robert and Riedo Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
German Tracy Lynn -- Providence Title Company
Shree Investments -- None Available
Wells Fargo Bank Na $119,250 None Available
Defranceschi Robert -- Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open German Tracy Lynn $441,849
Previous Owner Defranceschi Robert $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2021 11/23/21 Sold -- -- --
10/22/2021 10/22/21 Pending -- -- --
10/19/2021 10/19/21 Price Changed $454,900 0.0% $150 / Sq Ft
10/12/2021 10/12/21 Price Changed $454,950 -1.1% $150 / Sq Ft
10/07/2021 10/07/21 Price Changed $459,950 -1.1% $151 / Sq Ft
09/30/2021 09/30/21 For Sale $465,000 -- $153 / Sq Ft
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 $7,303 $450,000 $63,250 $386,750
2024 $7,303 $450,000 $63,250 $386,750
2023 $9,017 $450,090 $52,600 $397,490
2022 $10,359 $449,933 $20,000 $429,933
2021 $5,185 $215,000 $20,000 $195,000
2020 $4,815 $200,135 $15,000 $185,135
2019 $5,017 $205,000 $15,000 $190,000
2018 $4,234 $173,000 $15,000 $158,000
2017 $5,061 $200,000 $15,000 $185,000
2016 $4,995 $197,372 $15,000 $182,372
2015 $3,016 $115,000 $15,000 $100,000
2014 $3,016 $115,000 $15,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14682006

North Texas Real Estate Information Systems (NTREIS)

APN: 00863866