NOT LISTED FOR SALE
18 Beds
4 Baths
13,260 Sq Ft
4.6 Acres

Last Sold June 13, 2014

450 Days on Market

Highlights

  • 4.6 Acre Lot
  • Park
  • High Speed Internet
  • Corner Lot
  • Central Heating and Cooling System

About This Home

As of June 2014

This is 2 complexes. One at 624 Ellis Ave. consisting of 148 total units. Building A has 40 units down for rehab from the 148 units. The 27 townhouses are adjacent at 555 Houston Ave. These 2 & 3 bedroom units are +/- 1,200 SF and can be purchases separately for $399,000. More details available unpon request.

Last Agent to Sell the Property

Bret Baxter

Century 21 Prestige License #B-18261 Listed on: 03/18/2013

Last Buyer's Agent

Bret Baxter

Century 21 Prestige License #B-18261 Listed on: 03/18/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $38,864

Year Built

  • Built in 1965

Lot Details

  • 4.6 Acre Lot
  • Corner Lot

Parking

  • On-Site Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Fire and Smoke Detector
  • Recirculated Exhaust Fan
  • Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Schools

  • Pecan Park Elementary School
  • Hardy Middle School
  • Provine High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 304-8-1 & 304-14

Community Details

Overview

  • 175 Units
  • Metes And Bounds Subdivision

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$38,864

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Architectural Style: Other
  • Unit Levels: Two
  • Lot Size: 999999
  • Prop. Type: Residential Income
  • Year Built: 1965
  • Lot Size Acres: 4.6
  • Subdivision Name: Metes And Bounds
  • Directions: From I-20 take Ellis Ave. Exit and travel north past Lynch St., past Robinson Rd. to the corner of 1st St. across from Hardy Middle School and adjacent to the Career Center.
  • Remarks Miscellaneous:Agent Remarks: Realtors: This asking price equals $10,857 per unit. The 40 units off line are budgeted for $6,000 in repairs per unit for a total of $252,000. This will cost average the 175 units at $12,297 per door. These units offer a solid upside opportunity.
  • Foundation Details:Concrete Perimeter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Exhaust Fan
  • BasementFeaturesBasement: No
  • Interior Amenities: High Speed Internet
  • Window Features: Window Treatments
  • Interior Features:High Speed Internet: Yes
  • Appliances:Exhaust Fan3: Yes
  • Community Features:Park: Yes

Exterior Features

  • Exterior Features: Lighting
  • Foundation Details: Concrete Perimeter, Slab
  • Lot Features: Corner Lot
  • Roof: Other
  • Waterfront Features: None
  • WaterfrontFeaturesWaterfront: No
  • Waterfront: No
  • Construction Type: Brick, Other
  • Exterior Features:Lighting: Yes
  • Waterfront Features:None7: Yes
  • Lot Features:Corner Lot: Yes
  • Window Features:Window Treatments: Yes

Garage/Parking

  • Parking Features: On Site
  • Attached Garage: No
  • Parking Features:On Site: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Electric Dryer Hookup
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Heating:Central: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Community Features: Park

Schools

  • Elementary School: Pecan Park
  • High School: Provine
  • Middle Or Junior School: Hardy

Lot Info

  • Parcel #: 304-8-1 & 304-14
  • Lot Size Sq Ft: 200376.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 38864.0
  • Tax Year: 2012

Multi Family

  • Number Of Units Total: 175
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2014 06/13/14 Sold -- -- --
06/12/2014 06/12/14 Pending -- -- --
03/18/2013 03/18/13 For Sale $1,900,000 -- $143 / Sq Ft
Source: MLS United

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 $18,144 $93,861 $30,675 $63,186
2023 $18,144 $92,372 $30,675 $61,697
2022 $17,776 $92,372 $30,675 $61,697
2021 $17,774 $92,372 $30,675 $61,697
2020 $17,330 $90,587 $30,675 $59,912
2019 $20,909 $109,202 $30,675 $78,527
2018 $20,676 $109,202 $30,675 $78,527
2017 $20,142 $109,202 $30,675 $78,527
2016 $20,142 $109,202 $30,675 $78,527
2015 $31,373 $175,239 $30,675 $144,564
2014 $18,409 $102,957 $30,675 $72,282
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS United

MLS Number: 1250823

MLS United

APN: 0304 0008 001