NOT LISTED FOR SALE

811 E Grayson St Mexia, TX 76667

12 Beds
8 Baths
667 Sq Ft
0.42 Acres

Last Sold March 04, 2024

345 Days on Market

Highlights

  • Balcony
  • Central Heating and Cooling System
  • Vinyl Flooring
  • A.B. McBay Elementary School Rated A-

About This Home

As of March 2024

CALLING ALL INVESTORS Affordable apartment complex. Turn KEY! 8 total units: 4 are 2 Bed 1Bath;4 are 1Bed 1Bath. Over $100,000 in renovations including all new siding paint and brand new windows throughout. Property is now set up to be a great income producer for years to come! The 0.4 acres also has room to add to the complex! Utilities Water and Trash are included in the monthly, Gas is charged in addition but paid by management company Electricity is tenants sole responsibility. Property would make a great addition to established real estate portfolio or perfect entry point for first time investor.

Last Agent to Sell the Property

Brian Stevens

Legacy Realty Group Brokerage Phone: 972-905-6333 License #0653390 Listed on: 01/24/2023

Co-Listed By

Tiffany Stevens

Legacy Realty Group Brokerage Phone: 972-905-6333 License #0635449

Last Buyer's Agent

Brian Stevens

Legacy Realty Group Brokerage Phone: 972-905-6333 License #0653390 Listed on: 01/24/2023

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1982

Lot Details

  • 0.42 Acre Lot
  • Few Trees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Siding
  • Siding

Interior Spaces

  • 2-Story Property
  • Vinyl Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Full Bathrooms

Parking

  • 10 Parking Spaces
  • Parking Lot

Outdoor Features

  • Balcony

Schools

  • Mcbay Elementary School
  • Mexia Middle School
  • Mexia High School

Utilities

  • Central Heating and Cooling System
  • Individual Gas Meter

Community Details

  • 3 Buildings
  • 8 Units
  • 6,044 Sq Ft Building
  • Division Lxiv Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / A
  • Assessor Parcel Number R15896
  • $3,965 per year unexempt tax

Property Details

Home Type

Apartment

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Lake Pump Y N: No
  • Ratio Current Price By Building: 95.96294
  • Attribution Contact: 972-905-6333
  • Special Features: None
  • Year Built: 1982

Interior Features

  • Interior Amenities: Other
  • Flooring: Vinyl
  • Appliances: Electric Range

Beds/Baths

  • Full Bathrooms: 8
  • Total Bedrooms: 12

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick, Concrete, Frame, Siding
  • Exterior Features: Balcony
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 10
  • Parking Features: Concrete, On Site, Parking Lot
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water, Electricity Connected, Individual Gas Meter

Condo/Co-op/Association

  • Complex Name: Forest Glen
  • Association Type: None

Schools

  • School District: Mexia ISD
  • Elementary School: Mcbay
  • Junior High School: Mexia

Lot Info

  • Lot Features: Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.4200
  • Parcel Number: R15896
  • Lot Size Acres: 0.4200
  • Lot Size Sq Ft: 18295.2000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1982
  • Units Total: 8

Multi Family

  • Gross Annual Expenses: 30404.00
  • Gross Annual Income: 76500.00
  • Unit Count: 7

Tax Info

  • Unexempt Taxes: 3965
  • TaxBlock: A
  • Tax Lot: 5

MLS Schools

  • Elementary School Name: Mcbay
  • High School Name: Mexia

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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
03/04/2024 03/04/24 Sold -- -- --
01/04/2024 01/04/24 Pending -- -- --
09/29/2023 09/29/23 Price Changed $649,900 0.0% $974 / Sq Ft
09/29/2023 09/29/23 For Sale $649,900 -3.7% $974 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
07/27/2023 07/27/23 Price Changed $675,000 -3.6% $1,012 / Sq Ft
04/10/2023 04/10/23 Price Changed $699,900 -6.7% $1,049 / Sq Ft
01/24/2023 01/24/23 For Sale $750,000 -- $1,124 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brian Stevens

    Seller's Agent in 2024

    Brian Stevens

    Legacy Realty Group

    (214) 463-9555

    1 in this area

    151 Total Sales

    Brian Stevens
    Section Image
  • Tiffany Stevens

    Seller Co-Listing Agent in 2024

    Tiffany Stevens

    Legacy Realty Group

    (214) 463-9551

    1 in this area

    298 Total Sales

    Tiffany Stevens
    Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20245156

North Texas Real Estate Information Systems (NTREIS)

APN: R8747

Texas Limestone County Mexia 76667

811 E Grayson St, Mexia, TX

Not Listed for Sale

MultiFamily

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