Seller's Agent in 2024
Thomas (Tom) Slowbe
Sphere Realty
(512) 746-8338
3 in this area
21 Total Sales
704 N 5th St Jarrell, TX 76537
Estimated Value: $482,472 - $526,000
--
Bed
--
Bath
2,451
Sq Ft
$205/Sq Ft
Est. Value
Highlights
- 0.48 Acre Lot
- No HOA
- Uncovered Courtyard
- Corner Lot
- Covered Patio or Porch
- No Interior Steps
About This Home
As of April 2024Welcome to an exceptional investment opportunity in the heart of old town Jarrell! This contemporary triplex, situated on nearly half an acre of land, is a rare find indeed. Boasting a sleek metal roof and a prime corner lot location adjacent to the middle school, this property offers both style and convenience.
Currently fully leased with long-term tenants, this triplex presents a lucrative income-generating asset from day one. Investors will appreciate the stability and reliability of the rental income, while savvy buyers will recognize the potential for future appreciation in this rapidly growing area.
Each unit within the triplex features two bedrooms and one and a half bathrooms, providing comfortable living spaces for tenants. The modern design and thoughtful layout ensure that residents enjoy both functionality and aesthetics in their homes.
The proximity to the middle school adds to the property's appeal, making it an attractive option for families seeking convenient access to education for their children. Additionally, being located in old town Jarrell offers residents a charming and close-knit community atmosphere.
Outside, the expansive half-acre lot offers plenty of room for outdoor activities and potential future expansion or development opportunities, subject to local zoning regulations.
Whether you're an investor looking to add to your portfolio or a buyer seeking a turnkey property with built-in income, this fully leased contemporary triplex in old town Jarrell is not to be missed. Schedule your showing today and seize this opportunity to secure a piece of prime real estate in a thriving community!
Last Agent to Sell the Property
Sphere Realty Brokerage Phone: (512) 746-8338 License #0549424 Listed on: 02/21/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,949
Year Built
- Built in 2016
Lot Details
- 0.48 Acre Lot
- East Facing Home
- Chain Link Fence
- Corner Lot
- Property is in good condition
Home Design
- Triplex
- Slab Foundation
- Frame Construction
- Metal Roof
Interior Spaces
- 2,451 Sq Ft Home
- 1-Story Property
- Vinyl Clad Windows
- Vinyl Flooring
Kitchen
- Electric Oven
- Electric Range
- Dishwasher
- Laminate Countertops
- Disposal
Parking
- Driveway
- Additional Parking
Outdoor Features
- Uncovered Courtyard
- Covered Patio or Porch
Schools
- Jarrell Elementary And Middle School
- Jarrell High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
- High Speed Internet
- Phone Available
Additional Features
- No Interior Steps
- City Lot
Listing and Financial Details
- The owner pays for water
- Assessor Parcel Number 11700000140007
- Tax Block 14
Community Details
Overview
- No Home Owners Association
- Jarrell Town Subdivision
Pet Policy
- Pets allowed on a case-by-case basis
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 21, 2024
Closed on
Apr 12, 2024
Sold by
Corpany Dan M and Corpany Catherine D
Bought by
Benitez Inocente Benitez
Seller's Agent
Thomas (Tom) Slowbe
Sphere Realty
Buyer's Agent
Lizbeth Rubio
RE/MAX Fine Properties
List Price
$515,000
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.76%
Original Mortgage
$360,500
Outstanding Balance
$356,795
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$139,005
Purchase Details
Closed on
Jul 24, 2008
Sold by
Cabrera Fredy A and Cabrera Norma C
Bought by
Corpany Dan M and Corpany Catherine D
Purchase Details
Closed on
Sep 6, 2006
Sold by
Pippins Bradley
Bought by
Long Gregory S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.72%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 5, 2006
Sold by
Long Gregory S
Bought by
Cabrera Fredy A and Cabrera Norma C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.72%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 23, 2005
Sold by
Raven Wilson and Raven Hazel
Bought by
Long Gregory S and Pippins Bradley
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Benitez Inocente Benitez | -- | Longhorn Title | |
| Corpany Dan M | -- | Chicago Title | |
| Long Gregory S | -- | Longhorn Title Co Inc | |
| Cabrera Fredy A | -- | Longhorn Title Co Inc | |
| Long Gregory S | -- | Longhorn Title Co Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Benitez Inocente Benitez | $360,500 | |
| Previous Owner | Cabrera Fredy A | $68,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/12/2024 04/12/24 | Sold | -- | -- | -- |
| 03/04/2024 03/04/24 | Pending | -- | -- | -- |
| 02/21/2024 02/21/24 | For Sale | $515,000 | -- | $210 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
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 | $9,850 | $478,084 | $69,000 | $409,084 |
| 2023 | $9,949 | $482,787 | $70,000 | $412,787 |
| 2022 | $13,079 | $582,991 | $75,000 | $507,991 |
| 2021 | $9,540 | $396,712 | $42,000 | $354,712 |
| 2020 | $8,575 | $350,270 | $39,895 | $310,375 |
| 2019 | $8,096 | $327,629 | $33,750 | $293,879 |
| 2018 | $7,265 | $294,000 | $33,750 | $260,250 |
| 2017 | $4,229 | $178,939 | $25,000 | $153,939 |
| 2016 | $591 | $25,000 | $25,000 | $0 |
| 2015 | $361 | $20,000 | $20,000 | $0 |
| 2014 | $361 | $15,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas (Tom) Slowbe
-
Ashley Singh
Seller Co-Listing Agent in 2024
Ashley Singh
Sphere Realty
(512) 262-8158
7 in this area
89 Total Sales
-
Lizbeth Rubio
Buyer's Agent in 2024
Lizbeth Rubio
RE/MAX
(512) 919-0695
2 in this area
36 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 2009072
APN: R012007
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