NOT LISTED FOR SALE

611 Grayson St Pottsboro, TX 75076

Estimated Value: $354,000

3 Beds
2 Baths
1,127 Sq Ft
$314/Sq Ft Est. Value

Last Sold July 12, 2021

Current estimated payment $2,475/month

Highlights

  • 0.63 Acre Lot
  • Wood Flooring
  • 1-Story Property
  • Pottsboro Elementary School Rated 9+
  • Interior Lot
  • Central Heating and Cooling System

About This Home

As of July 2021

Unique opportunity to own a great residential investment property in Pottsboro featuring 4 single story units, 2 garage spaces and outdoor space for kids and pets. The Grayson Street Homes features homes that are tastefully designed and crafted. This is an opportunity to own four individual quality rental homes on one property across from James G. Thompson Park and in close proximity to restaurants, healthcare, groceries, and schools. This is a high demand residential rental market & this property has a history of operation with a solid return on investment.

Last Agent to Sell the Property

Stacey Davidson

Keller Williams Realty DPR License #0694187 Listed on: 05/26/2021

Keller Williams Realty DPR

Last Buyer's Agent

Amanda Phillips

Real Broker, LLC License #0575722

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,069

Year Built

  • Built in 2005

Lot Details

  • 0.63 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Interior Lot
  • Subdivision Possible

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,127 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Kitchen

  • Gas Cooktop
  • Microwave

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Covered Parking

Schools

  • Pottsboro Elementary And Middle School
  • Pottsboro High School

Utilities

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

Community Details

  • 4 Units
  • 1,127 Sq Ft Building
  • G 0986 Potts James A A G0986, 75 X 162 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 153432
  • $5,367 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,069

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: Yes
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 479.14818
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Square Footage: 1127.00
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Electric Cooktop, Gas Cooktop, Microwave

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Chain Link, Wood
  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: Grayson Street Units
  • Association Type: None

Schools

  • School District: Pottsboro ISD
  • Elementary School: Pottsboro
  • Middle School: Pottsboro
  • High School: Pottsboro
  • School District: Pottsboro ISD
  • Elementary School: Pottsboro
  • High School: Pottsboro

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: .5 to < 1 Acre
  • Lot Features: Interior Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.6260
  • Parcel Number: 153432
  • Lot Size Acres: 0.6260
  • Lot Size Sq Ft: 27268.5600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2005
  • Units Total: 4

Multi Family

  • Gross Annual Income: 47220.00
  • Insurance Expense: 4368
  • Tenancy: Month to Month
  • Unit Count: 4

Tax Info

  • Unexempt Taxes: 5367

MLS Schools

  • MiddleOrJuniorSchool: Pottsboro
  • Middle School Name: Pottsboro
  • Elementary School Name: Pottsboro
  • High School Name: Pottsboro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Jul 9, 2021
Sold by
Outlook Land Holdings Llc
Bought by
Caladium Investments Llc
Seller's Agent
Stacey Davidson
Keller Williams Realty DPR
Buyer's Agent
Amanda Phillips
Real Broker, LLC
List Price
$596,000
Current Estimated Value
$354,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.89%
Original Mortgage
$480,000
Outstanding Balance
$436,469
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
-$68,469

Purchase Details

Closed on
Aug 10, 2016
Sold by
Evans Jerry W and Evans Debbie J
Bought by
Outlook Land Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,636
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2004
Sold by
Armstrong Amber Dawn
Bought by
Evans Jerry W and Evans Debbie J
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
Caladium Investments Llc -- Red River Title
Outlook Land Holdings Llc -- Red River Title Co
Evans Jerry W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caladium Investments Llc $480,000
Previous Owner Outlook Land Holdings Llc $306,636
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold -- -- --
05/26/2021 05/26/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $596,000 -- $529 / 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 $7,069 $366,304 $78,511 $287,793
2024 $7,069 $366,304 $78,511 $287,793
2023 $6,183 $320,000 $58,234 $261,766
2022 $5,761 $271,905 $52,940 $218,965
2021 $5,757 $259,554 $44,590 $214,964
2020 $5,546 $241,984 $44,590 $197,394
2019 $5,589 $232,892 $28,724 $204,168
2018 $4,802 $198,259 $11,489 $186,770
2017 $4,533 $184,958 $11,489 $173,469
2016 $4,533 $184,941 $10,449 $174,492
2015 $0 $152,703 $12,636 $140,067
2014 -- $153,479 $12,636 $140,843
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14552114

North Texas Real Estate Information Systems (NTREIS)

APN: 153432