$400,000

Estimated payment $2,764/month

Total Views 51,145
4 Beds
2 Baths
2,112 Sq Ft
$189 Price per Sq Ft

Highlights

  • Cooling Available
  • Heating Available
  • 5-minute walk to Hurwitz Park

About This Home

STABLE & RELIABLE INVESTMENT PROPERTY. This well maintained property features 2 units, both 2 bed 1 bath. Property manager since 2017 notes there is no foreseeable major maintenance and tenants have been easy to manage. Both units are leased thru 12.24 (since 2017) and 2.25 (since 2021). Conveniently located close to highways, shopping, dining and easy commute to downtown Dallas and to Dallas airports. Adjacent property (500 Mimosa) is also available to be bundled with this property.

Listing Agent

James Webb Jr.

EXP REALTY Brokerage Phone: 214-728-6833 License #0738346 Listed on: 10/24/2024

EXP REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,590

Year Built

  • Built in 1983

Lot Details

  • 8,799 Sq Ft Lot

Parking

  • Unassigned Parking

Home Design

  • Duplex
  • Slab Foundation
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Keyes Elementary School
  • Irving High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 2 / A
  • Assessor Parcel Number 324025600A0020000

Community Details

Overview

  • 2 Units
  • 2,112 Sq Ft Building
  • Pioneer Mimosa Subdivision

Building Details

  • Gross Income $30,900
  • Net Operating Income $30,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,590

Year Built

Built in 1983

Lot Details

0

Listing Details

  • OWNERNAME: na
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Attribution Contact: 214-728-6833
  • CapRate: 7.72
  • Co List Office Mls Id: PXE01C
  • Special Features: VirtualTour
  • Year Built: 1983

Interior Features

  • Interior Amenities: Other
  • Flooring: Other
  • Appliances: Dishwasher

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Slab
  • Roof: Metal
  • Construction Materials: Metal Siding
  • Pool Features: None

Garage/Parking

  • Cooling System: Electric
  • Parking Features: Unassigned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Utilities: Sewer Available
  • Heating Yn: Yes

Schools

  • Elementary School: Keyes
  • High School: Irving
  • Junior High Dist: Irving ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.202
  • Parcel Number: 324025600A0020000
  • Lot Size Acres: 0.202
  • Lot Size Sq Ft: 8799.12

Building Info

  • Year Built: 1983
  • Units Total: 2

Tax Info

  • TaxBlock: A
  • Tax Lot: 2
  • Tax Annual Amount: 7590.0

Multi Family

  • Annual Gross Income: 30900.0
  • Property Net Operating Income: 30900.0

MLS Schools

  • MiddleOrJuniorSchool: Austin

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,697 $360,000 $80,000 $280,000
2024 $7,697 $360,000 $80,000 $280,000
2023 $7,697 $351,000 $60,000 $291,000
2022 $4,469 $193,800 $60,000 $133,800
2021 $3,007 $124,360 $20,000 $104,360
2020 $3,120 $124,360 $20,000 $104,360
2019 $2,700 $106,040 $0 $0
2018 $2,844 $106,040 $20,000 $86,040
2017 $2,857 $106,040 $20,000 $86,040
2016 $2,857 $106,040 $20,000 $86,040
2015 $2,649 $98,360 $20,000 $78,360
2014 $2,649 $98,360 $20,000 $78,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 For Sale $400,000 0.0% $189 / Sq Ft
02/15/2023 02/15/23 Rented $1,295 0.0% --
02/13/2023 02/13/23 Under Contract -- -- --
02/06/2023 02/06/23 For Rent $1,295 +26.3% --
01/29/2021 01/29/21 Rented $1,025 0.0% --
01/28/2021 01/28/21 Under Contract -- -- --
01/22/2021 01/22/21 For Rent $1,025 -6.4% --
11/30/2018 11/30/18 Rented $1,095 0.0% --
11/05/2018 11/05/18 Under Contract -- -- --
10/05/2018 10/05/18 For Rent $1,095 +9.5% --
10/27/2017 10/27/17 Rented $1,000 -4.8% --
10/19/2017 10/19/17 Under Contract -- -- --
09/22/2017 09/22/17 For Rent $1,050 0.0% --
09/14/2017 09/14/17 Sold -- -- --
08/19/2017 08/19/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $250,000 -- $118 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- None Available
Warranty Deed -- First Western Title
Vendors Lien -- Atc
Vendors Lien -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $158,237 New Conventional
Closed $168,000 Purchase Money Mortgage
Previous Owner $100,800 Purchase Money Mortgage
Previous Owner $95,950 Unknown
Previous Owner $63,650 No Value Available
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20762151

North Texas Real Estate Information Systems (NTREIS)

APN: 324025600A0020000