$395,000
SOLD MAR 12, 2021
Last list price
8 Beds
6 Baths
1,956 Sq Ft
0.36 Acres

Recently Sold

$202 Per Sq Ft

165 Days on Market

Highlights

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Wood Fence
  • 1-Story Property

About This Home

As of January 2025

Investment income producing opportunity with 4 bedroom home and Four 1 bedroom apartments. Total square footage equals 3,869. 8 doors for income at $400 each with one at $425 per month. Current rent flow is $3,225 monthly with 100% occupancy. Seamless leasing. Owner will share how this has been accomplished and maintained. Main home has 2 bathrooms, central HVAC, Class 4 roof with wood and tile flooring. Each apartment has a Class 4 roof with 1 bedroom and bathroom. Three apartments were built in 2016. Less than a block from ACU however tenants yield from various campuses. See features sheet for complete details on each unit.

Last Agent to Sell the Property

Robbie Johnson

Epique Realty LLC Listed on: 08/30/2020

Epique Realty LLC

Last Buyer's Agent

Debbie Copeland

Copeland and Co License #0528113

Copeland and Co

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,113

Year Built

  • Built in 1938

Lot Details

  • 0.36 Acre Lot
  • Wood Fence

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Composition Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,956 Sq Ft Home
  • 1-Story Property
  • Electric Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Parking

  • 8 Parking Spaces
  • On-Street Parking
  • Open Parking

Schools

  • Taylor Elementary School
  • Craig Middle School
  • Abilene High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District

Community Details

  • 4 Units
  • 1,956 Sq Ft Building
  • Abilene Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 29 / 15
  • Assessor Parcel Number 13864
  • $5,231 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,113

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: Yes
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 198.74744
  • Special Features: None
  • Year Built: 1938

Interior Features

  • Square Footage: 1956.00
  • Interior Amenities: Other
  • Appliances: Electric Range

Beds/Baths

  • Full Bathrooms: 6
  • Total Bedrooms: 8

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier, Slab
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Rock/Stone, Vinyl Siding, Wood

Garage/Parking

  • Cooling System: Central Air, Electric, Heat Pump, Window Unit(s)
  • Number Of Parking Spaces: 8
  • Parking Features: On Street, Open
  • OpenParkingYN: Yes
  • GarageYN: No

Utilities

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

Condo/Co-op/Association

  • Complex Name: No name
  • Association Type: None

Schools

  • School District: Abilene ISD
  • Elementary School: Taylor
  • Middle School: Craig
  • High School: Abilene
  • School District: Abilene ISD
  • Elementary School: Taylor
  • High School: Abilene

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.3620
  • Parcel Number: 13864
  • Lot Size Acres: 0.3620
  • Lot Size Sq Ft: 15768.7200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1938
  • Units Total: 4

Tax Info

  • Unexempt Taxes: 5231
  • TaxBlock: 15
  • Tax Lot: 29

Multi Family

  • Tenancy: Over 9 Months
  • Unit Count: 4

MLS Schools

  • MiddleOrJuniorSchool: Craig
  • Middle School Name: Craig
  • Elementary School Name: Taylor
  • High School Name: Abilene

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Dec 11, 2024
Sold by
Maverick Land And Cattle Llc
Bought by
W3b Real Estate Llc
Seller's Agent
Amber Kimmel
KW SYNERGY*
Buyer's Agent
Tonya Harbin
Real Broker, LLC.
List Price
$495,000
Sold Price
$440,000
Premium/Discount to List
-$55,000
-11.11%
Views
81
Current Estimated Value
$429,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,854
Avg. Annual Appreciation
-4.08%
Original Mortgage
$328,000
Outstanding Balance
$323,451
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$105,695

Purchase Details

Closed on
Jun 23, 2009
Sold by
Williams Barry
Bought by
Williams Aimee

Purchase Details

Closed on
Feb 19, 2009
Sold by
Williams Dennis and Williams Barry
Bought by
Williams Barry

Purchase Details

Closed on
Aug 27, 2008
Sold by
Willingham Steven Alan
Bought by
Hendrix John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,715
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2008
Sold by
Herttenberger Lane and Herttenberger Cathy
Bought by
Hardy E & Ora Lee Williams Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Vendors Lien -- None Available
Vendors Lien -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $328,000 New Conventional
Previous Owner $91,715 Purchase Money Mortgage
Previous Owner $67,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2025 01/06/25 Sold -- -- --
01/05/2025 01/05/25 Pending -- -- --
12/11/2024 12/11/24 Sold -- -- --
10/24/2024 10/24/24 Pending -- -- --
10/03/2024 10/03/24 Price Changed $440,000 0.0% $225 / Sq Ft
10/03/2024 10/03/24 Price Changed $440,000 -5.4% $114 / Sq Ft
09/23/2024 09/23/24 Price Changed $465,000 0.0% $238 / Sq Ft
09/23/2024 09/23/24 Price Changed $465,000 -2.1% $120 / Sq Ft
08/29/2024 08/29/24 Price Changed $475,000 0.0% $243 / Sq Ft
08/29/2024 08/29/24 Price Changed $475,000 -2.1% $123 / Sq Ft
08/07/2024 08/07/24 For Sale $485,000 0.0% $125 / Sq Ft
08/07/2024 08/07/24 Price Changed $485,000 -2.0% $248 / Sq Ft
06/03/2024 06/03/24 For Sale $495,000 +25.3% $253 / Sq Ft
03/12/2021 03/12/21 Sold -- -- --
02/11/2021 02/11/21 Pending -- -- --
08/30/2020 08/30/20 For Sale $395,000 -- $202 / 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
2023 $10,113 $440,878 $13,388 $427,490
2022 $10,512 $414,027 $13,388 $400,639
2021 $9,987 $370,230 $13,388 $356,842
2020 $5,231 $190,711 $13,388 $177,323
2019 $3,795 $145,661 $12,600 $133,061
2018 $3,741 $145,209 $12,600 $132,609
2017 $3,129 $125,878 $12,600 $113,278
2016 $1,470 $59,157 $8,190 $50,967
2015 $1,419 $58,167 $8,190 $49,977
2014 $1,419 $58,559 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14424199

North Texas Real Estate Information Systems (NTREIS)

APN: 13864