NOT LISTED FOR SALE

714 Houston St Pottsboro, TX 75076

Estimated Value: $745,000

12 Beds
8 Baths
5,317 Sq Ft
$140/Sq Ft Est. Value

Last Sold July 30, 2018

Current estimated payment $5,332/month

12 Days on Market

Highlights

  • 2.43 Acre Lot
  • Cul-De-Sac
  • Energy-Efficient Appliances
  • Covered Patio or Porch
  • 8 Car Attached Garage
  • 1-Story Property

About This Home

As of July 2018

Great Income Producing Property in growing City of Pottsboro, the Gateway to Lake Texoma. Easy Access from SH 289 or Hwy. 75 and Easy commute to the Metroplex. Currently two duplexes featuring four rental units -- each unit has 3 bedrooms 2 baths with stained concrete floors throughout and 2 car attached garages. Kitchens include stoves and dishwashers. All units are currently leased, most are long term tenants with rent below market rate. Excellent schools within walking distance. Additional land could accommodate additional duplex or multiple single family homes. New Roofs being installed on both duplexes June 2018.

Last Agent to Sell the Property

Marie Ward

TANGLEWOOD REAL ESTATE COMPANY License #0447526 Listed on: 06/09/2018

Last Buyer's Agent

Jonelle Pate

INC Realty LLC License #0656425

INC Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,269

Year Built

  • Built in 2007

Lot Details

  • 2.43 Acre Lot
  • Cul-De-Sac
  • Chain Link Fence
  • Few Trees
  • Large Grassy Backyard

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 5,317 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Window Treatments
  • Concrete Flooring
  • 12 Inch+ Attic Insulation

Kitchen

  • Electric Range
  • Plumbed For Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Full Bathrooms

Home Security

  • Security Lights
  • Fire and Smoke Detector

Parking

  • 8 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Schools

  • Pottsboro Elementary And Middle School
  • Pottsboro High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Propane
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Covered Patio or Porch

Community Details

  • 4 Units
  • 5,317 Sq Ft Building
  • J A Potts Surv Abs 986 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 111908
  • $7,830 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,269

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: One
  • Security: Security Lights, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 29189
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 81.81305
  • Special Features: None
  • Year Built: 2007

Interior Features

  • Square Footage: 5317.00
  • Windows: Window Coverings
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Concrete
  • Appliances: Dishwasher, Electric Range, Plumbed for Ice Maker, Gas Water Heater

Beds/Baths

  • Full Bathrooms: 8
  • Total Bedrooms: 12

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Chain Link
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch
  • Waterfront: No
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Number Of Parking Spaces: 8
  • Parking Features: Covered, Garage, Garage Door Opener, Garage Faces Front
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas, Propane
  • Utilities: City Sewer, City Water, Gravel/Rock

Condo/Co-op/Association

  • 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: 1 to < 3 Acres
  • Lot Features: Cul-De-Sac, Few Trees, Lrg. Backyard Grass
  • Lot Size Units: Acres
  • Lot Size Area: 2.4310
  • Parcel Number: 111908
  • Lot Size Acres: 2.4310
  • Lot Size Sq Ft: 105894.3600

Green Features

  • Efficiency: 12 inch+ Attic Insulation, Appliances, Windows

Building Info

  • Year Built: 2007
  • Units Total: 4

Multi Family

  • Gross Annual Expenses: 14611.00
  • Gross Annual Income: 43800.00
  • Insurance Expense: 4103
  • Tenancy: No Smoking, No Sublease, Pet Restrictions
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 7830

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
Jun 9, 2018
Closed on
Jul 30, 2018
Sold by
Wise Robert Lester and Koohgilani Parvin
Bought by
Archer Leonard J and Archer Lien M
Seller's Agent
Marie Ward
TANGLEWOOD REAL ESTATE COMPANY
Buyer's Agent
Jonelle Pate
INC Realty LLC
List Price
$465,000
Current Estimated Value
$745,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
Original Mortgage
$322,500
Outstanding Balance
$282,964
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$462,036
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Archer Leonard J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Archer Leonard J $322,500
Previous Owner Wise Robert Lester $1,060,290
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2018 07/30/18 Sold -- -- --
06/21/2018 06/21/18 Pending -- -- --
06/09/2018 06/09/18 For Sale $465,000 -- $87 / 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 $15,269 $763,018 $214,966 $548,052
2024 $15,269 $791,160 $231,909 $559,251
2023 $14,893 $770,773 $212,989 $557,784
2022 $15,005 $708,201 $199,615 $508,586
2021 $11,888 $535,986 $105,894 $430,092
2020 $10,865 $474,081 $105,894 $368,187
2019 $10,297 $429,093 $86,833 $342,260
2018 $7,937 $327,705 $42,358 $285,347
2017 $7,923 $323,255 $42,358 $280,897
2016 $6,861 $279,904 $25,432 $254,472
2015 $7,035 $282,575 $25,432 $257,143
2014 -- $281,528 $24,385 $257,143
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: 13862629

North Texas Real Estate Information Systems (NTREIS)

APN: 111908