NOT LISTED FOR SALE

622 Broadway Ave Newcastle, TX 76372

11 Beds
5 Baths
5,000 Sq Ft
7,231 Sq Ft Lot

Last Sold December 07, 2021

60 Days on Market

About This Home

As of December 2021

INCOME producing 100% occupied 5 plex REMODELED between 2012-2016 including newer AC units, hot water heaters, kitchens appliances, etc. All units have refrig, washer dryer, central heat and air, no carpet, concrete floors or recently sealed real wood floors. Very UNIQUE, with character & in a GREAT school district. Many jobs nearby to insure you'll have tenants full time. NEW closed foam encapsulated roof as of 2020. All tenants are in a lease. Tenants pay electric. Owner pays water, sewer, trash. Zoned COMMERCIAL too so the possibilities are endless. 2 3bed 1bath units down and 2 2bed 1bath up and a 1bed 1bath up too. Very low ext maintenance. Lake Eddleman 5 min away & Possum Kingdom Lake 45 minutes away too

Last Agent to Sell the Property

Jessica Vesely

Epique Realty, LLC License #0688331 Listed on: 07/09/2021

Epique Realty, LLC

Last Buyer's Agent

Amie Pratt

Weatherbee Real Estate License #0672066

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1931

Lot Details

  • 7,231

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 5,000 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 12 Car Garage
  • Carport
  • Common or Shared Parking
  • Front Facing Garage
  • On-Street Parking

Schools

  • Newcastle Elementary And Middle School
  • Newcastle High School

Additional Features

  • 7,231 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 5,000 Sq Ft Building

Listing and Financial Details

  • Legal Lot and Block 13 / 42
  • Assessor Parcel Number 4424
  • $3,559 per year unexempt tax

Property Details

Home Type

Apartment

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: Two
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 26849
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 46.00000
  • Special Features: None
  • Year Built: 1931

Interior Features

  • Square Footage: 5000.00
  • Windows: Window Coverings
  • Flooring: Concrete, Wood
  • Appliances: Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer

Beds/Baths

  • Full Bathrooms: 5
  • Total Bedrooms: 11

Exterior Features

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

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 12
  • Parking Features: Carport, Common, Garage Faces Front, On Street
  • GarageYN: No

Utilities

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

Condo/Co-op/Association

  • Association Type: None

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.1660
  • Parcel Number: 4424
  • Lot Size Acres: 0.1660
  • Lot Size Sq Ft: 7230.9600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1931
  • Units Total: 5
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 8751.00
  • Gross Annual Income: 37800.00
  • Insurance Expense: 2200
  • Tenancy: No Smoking, No Waterbeds, Over 9 Months, Pets Allowed, Pet Restrictions
  • Unit Count: 3

Tax Info

  • Unexempt Taxes: 3559
  • TaxBlock: 42
  • Tax Lot: 13

MLS Schools

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2021 12/07/21 Sold -- -- --
09/07/2021 09/07/21 Pending -- -- --
08/19/2021 08/19/21 Price Changed $299,977 -14.3% $60 / Sq Ft
08/13/2021 08/13/21 Price Changed $349,900 -6.7% $70 / Sq Ft
07/27/2021 07/27/21 Price Changed $374,900 -6.3% $75 / Sq Ft
07/09/2021 07/09/21 For Sale $399,900 -- $80 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14618768

North Texas Real Estate Information Systems (NTREIS)