$400,000
SOLD JAN 29, 2021
Last list price

7611 Tournament Rd Unit 7601 Frisco, TX 75035

East Frisco Neighborhood
6 Beds
6 Baths
2,422 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$165 Per Sq Ft

86 Days on Market

Highlights

  • 4 Car Attached Garage
  • Interior Lot
  • Landscaped
  • J.W. & Ruth Christie Elementary School Rated A-
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of June 2021

Great opportunity for INVESTORS to purchase a FULL DUPLEX, CASH ONLY, SOLD AS-IS. No repairs to be made. Each side of the duplex has 1,211 sq ft and is a mirrored layout from the other side. Each half-duplex has 3 bedrooms, 2.1 bathrooms, 2-car garage, in a quiet neighborhood within the award-winning and sought-after FRISCO ISD. Nice and easy layout with all of the bedrooms upstairs. One half-bathroom downstairs for guests to use. Laundry space at the far end of the kitchen. 7611 has a very small side yard that fits a small table or grill or, if needed, for a pet. Both sides recently painted. 7601 side is leased until 4-2021 for $1,450 monthly rent. Photos are samples of space before leased out.

Last Agent to Sell the Property

Nora Rivas

RE/MAX DFW Associates License #0651240 Listed on: 10/26/2020

RE/MAX DFW Associates

Last Buyer's Agent

Sarfaraz Hansraj

TEXAS ALLIANCE REAL ESTATE License #0646963

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,724

Year Built

  • Built in 1984

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Wood Fence
  • Landscaped
  • Interior Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 2,422 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Brick Fireplace

Kitchen

  • Electric Range
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 4 Car Attached Garage
  • Rear-Facing Garage

Eco-Friendly Details

  • Energy-Efficient Thermostat

Schools

  • Christie Elementary School
  • Clark Middle School
  • Centennial High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Individual Gas Meter
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 19A / 6
  • Assessor Parcel Number R145700601901
  • $3,917 per year unexempt tax

Community Details

Overview

  • 2,422 Sq Ft Building
  • Kings Ridge Add Ph One Subdivision

Amenities

  • Community Mailbox

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,724

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 161.06524
  • Special Features: None
  • Year Built: 1984

Interior Features

  • Square Footage: 2422.00
  • Fireplace Features: Brick, Gas Starter, Wood Burning
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Ceramic Tile, Luxury Vinyl Plank, Vinyl
  • Appliances: Dishwasher, Electric Range, Plumbed for Ice Maker, Gas Water Heater
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

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

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 4
  • Parking Features: 2-Car Single Doors, Garage, Garage Faces Rear
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • Utilities: Alley, Asphalt, City Sewer, City Water, Community Mailbox, Curbs, Individual Gas Meter, Individual Water Meter, Sidewalk, Underground Utilities

Condo/Co-op/Association

  • Complex Name: 7601/7611 Tournament
  • Association Type: None

Schools

  • School District: Frisco ISD
  • Elementary School: Christie
  • Middle School: Clark
  • High School: Centennial
  • School District: Frisco ISD
  • Elementary School: Christie
  • High School: Centennial

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Interior Lot, Landscaped, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.1400
  • Lot Size: 60x100
  • Parcel Number: R145700601901
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098.4000

Green Features

  • Efficiency: Thermostat
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1984
  • Units Total: 2
  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 3917
  • TaxBlock: 6
  • Tax Lot: 19A

Multi Family

  • Unit Count: 1

MLS Schools

  • MiddleOrJuniorSchool: Clark
  • Middle School Name: Clark
  • Elementary School Name: Christie
  • High School Name: Centennial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2020
Closed on
Jan 28, 2021
Sold by
Jaramillo Eugene and Jaramillo Linda
Bought by
First American Properties Llc and Lalani Group Properties Llc
Seller's Agent
Nora Rivas
RE/MAX DFW Associates
Buyer's Agent
Sarfaraz Hansraj
TEXAS ALLIANCE REAL ESTATE
List Price
$400,000
Current Estimated Value
$452,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%

Purchase Details

Closed on
Oct 10, 2008
Sold by
Black Canyon Investments Inc
Bought by
Jaramillo Eugene and Jaramillo Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2003
Sold by
Hanson Eric L and Hanson Susan G
Bought by
Black Canyon Investments Inc

Purchase Details

Closed on
Dec 23, 2002
Sold by
Ingram Properties Inc
Bought by
Black Canyon Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.89%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Vendors Lien -- Rtt
Quit Claim Deed -- Rtt
Vendors Lien -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $156,000 Purchase Money Mortgage
Previous Owner $148,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold -- -- --
04/30/2021 04/30/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $489,900 +22.5% $202 / Sq Ft
01/29/2021 01/29/21 Sold -- -- --
01/20/2021 01/20/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $400,000 0.0% $165 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $400,000 -- $165 / 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 $4,724 $336,721 $90,000 $246,721
2024 $4,724 $296,602 $70,000 $226,602
2023 $4,724 $283,798 $70,000 $213,798
2022 $4,427 $233,852 $55,000 $178,852
2021 $3,829 $195,050 $55,000 $140,050
2020 $4,487 $219,855 $40,000 $179,855
2019 $4,124 $191,924 $40,000 $151,924
2018 $3,647 $167,381 $25,000 $142,381
2017 $3,659 $167,932 $20,000 $147,932
2016 $2,214 $100,669 $20,000 $80,669
2015 $2,035 $94,765 $20,000 $74,765
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14460479

North Texas Real Estate Information Systems (NTREIS)

APN: R-1457-006-0190-1