NOT LISTED FOR SALE

Estimated Value: $388,265 - $550,000

6 Beds
6 Baths
-- Sq Ft
6,554 Sq Ft Lot

Last Sold November 07, 2022

Current estimated payment $3,366/month

13 Days on Market

Highlights

  • New Construction
  • Walk-In Closet
  • Tankless Water Heater
  • Open Floorplan
  • Patio
  • Smart Home

About This Home

As of November 2022

NEW CONSTRUCTION! This duplex near Lake Arlington is located 11 minutes from Downtown Fort Worth with ample public transportation nearby. This duplex is great for an investor looking to expand their portfolio into Fort Worth! Homes nearby have been swallowed up by investors increasing rents. Forecasted rents are $1,650 per month with the ability to meter and bill utilities separately! Ideal opportunity for FHA financing to live in one side of the duplex and rent the other! See attached pro forma for rent and expense projections!

Last Agent to Sell the Property

Cooper Conger

Conger Group Texas License #0748416 Listed on: 09/06/2022

Last Buyer's Agent

Jason Glater

Wingert Real Estate Company License #0648955

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,420

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 6,554 Sq Ft Lot
  • Lot Dimensions are 53.50 x 122.50
  • Masonry wall
  • Subdivision Possible

Home Design

  • Duplex
  • Slab Foundation
  • Asphalt Roof
  • Concrete Siding
  • Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Chandelier
  • Washer

Kitchen

  • Plumbed For Gas In Kitchen
  • Built-In Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Home Security

  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Common or Shared Parking
  • Driveway
  • Parking Lot

Eco-Friendly Details

  • Energy-Efficient Hot Water Distribution

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Sunrise Elementary School
  • Dunbar Middle School
  • Dunbar High School

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Heat Pump System
  • Individual Gas Meter
  • Tankless Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • 2,834 Sq Ft Building
  • Sandy Acres Subdivision

Listing and Financial Details

  • Legal Lot and Block 6A / BR
  • Assessor Parcel Number 02666995

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,420

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: Two
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Year Built Details: New Construction - Incomplete
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: Yes
  • Accessibility Features Yn: No
  • Horse Permitted Y N: No
  • Lake Pump Y N: No
  • Ratio Current Price By Building: 165.84333
  • Attribution Contact: 214-405-3507
  • Special Features: NewHome
  • Year Built: 2022

Interior Features

  • Interior Amenities: Cable TV Available, Chandelier, High Speed Internet Available, Kitchen Island, Open Floorplan, Smart Home System, Walk-In Closet(s)
  • Flooring: Carpet, Luxury Vinyl Plank
  • Appliances: Built-in Gas Range, Dishwasher, Disposal, Microwave, Plumbed For Gas in Kitchen, Tankless Water Heater, Vented Exhaust Fan, Washer
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Masonry
  • Roof: Asphalt
  • Construction Materials: Concrete, Siding, Wood
  • Exterior Features: Lighting
  • Waterfront: No
  • Patio And Porch Features: Patio

Garage/Parking

  • Cooling System: Central Air
  • Number Of Parking Spaces: 4
  • Parking Features: Common, Concrete, Driveway, Parking Lot
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Heating: Heat Pump
  • Utilities: Cable Available, City Sewer, City Water, Concrete, Electricity Connected, Individual Gas Meter, Individual Water Meter, Phone Available

Condo/Co-op/Association

  • Complex Name: Duplex
  • Association Type: None

Schools

  • School District: Fort Worth ISD
  • Elementary School: Sunrise
  • Middle School: Dunbar
  • High School: Dunbar
  • School District: Fort Worth ISD

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Square Feet
  • Lot Size Area: 6554.0000
  • Lot Size: 53.50 x 122.50
  • Parcel Number: 02666995
  • Lot Size Acres: 0.1505
  • Lot Size Sq Ft: 6554.0000

Green Features

  • GreenWaterConservation: Efficient Hot Water Distribution
  • Efficiency: Waterheater
  • Smart Home Features Appor Pass Y: Yes

Building Info

  • Year Built: 2022
  • Units Total: 2

Multi Family

  • Tenancy: Pets Allowed
  • Unit Count: 2

Tax Info

  • Special Taxing Entities: No
  • TaxBlock: BR
  • Tax Lot: 6A

MLS Schools

  • Middle School Name: Dunbar
  • Elementary School Name: Sunrise
  • High School Name: Dunbar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Dec 9, 2022
Sold by
Newpad Building Company Llc
Bought by
Akintoba Morakinyo Toyibu and Idayat Aminu Idayat
Seller's Agent
Cooper Conger
Conger Group Texas
Buyer's Agent
Jason Glater
Wingert Real Estate Company
List Price
$465,000
Views
32
Current Estimated Value
$474,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.56%
Original Mortgage
$461,487
Outstanding Balance
$450,187
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$22,165
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
Akintoba Morakinyo Toyibu -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akintoba Morakinyo Toyibu $461,487
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold -- -- --
09/19/2022 09/19/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $465,000 -- --
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 $9,420 $419,820 $20,255 $399,565
2023 $9,053 $400,103 $20,255 $379,848
2022 $195 $7,500 $7,500 $0
2021 $206 $7,500 $7,500 $0
2020 $199 $7,500 $7,500 $0
2019 $206 $7,500 $7,500 $0
2018 $206 $7,500 $7,500 $0
2017 $43 $1,500 $1,500 $0
2016 $43 $1,500 $1,500 $0
2015 $43 $1,500 $1,500 $0
2014 $43 $1,500 $1,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20149456

North Texas Real Estate Information Systems (NTREIS)

APN: 02666995