NOT LISTED FOR SALE

816 S Crockett St Unit 14 Sherman, TX 75090

Estimated Value: $263,000

10 Beds
8 Baths
2,016 Sq Ft
$130/Sq Ft Est. Value

Last Sold July 29, 2022

Current estimated payment $1,825/month

11 Days on Market

Highlights

  • Covered patio or porch
  • 1-Story Property
  • High Speed Internet
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of July 2022

*MULTIPLE OFFERS RECEIVED
Outstanding Investment opportunity offering great cash flow! Two 4 Plex buildings for 8 units total. 4 units have address of 817 S Elm Street. Conveniently located just minutes from 75 & 2 blocks from elementary school. Don't miss this one.

Last Listed By

David Russell

eXp Realty LLC License #0558492 Listed on: 05/13/2022

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,406

Year Built

  • Built in 1960

Lot Details

  • 0.41

Home Design

  • Slab Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 1-Story Property
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Driveway

Schools

  • Washington Elementary School
  • Piner Middle School
  • Sherman High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Additional Features

  • Covered patio or porch
  • 0.41 Acre Lot

Community Details

  • 2 Buildings
  • 8 Units
  • 4,320 Sq Ft Building
  • Hare & Randolph Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 165881
  • Tax Block 12
  • $5,392 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,406

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 41042
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Horse Permitted Y N: No
  • Ratio Current Price By Building: 115.50926
  • Special Features: None
  • Year Built: 1960

Interior Features

  • Interior Amenities: High Speed Internet Available
  • Flooring: Tile
  • Appliances: Dishwasher, Electric Range, Other

Beds/Baths

  • Full Bathrooms: 8
  • Total Bedrooms: 10

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Siding, Wood
  • Exterior Features: Covered Patio/Porch
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 8
  • Parking Features: Driveway, Varies by Unit
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Complex Name: Hare & Randolph Add
  • Association Type: None

Schools

  • School District: Sherman ISD
  • Elementary School: Washington
  • Middle School: Piner
  • High School: Sherman
  • School District: Sherman ISD

Lot Info

  • Lot Features: Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.4140
  • Parcel Number: 165881
  • Lot Size Acres: 0.4140
  • Lot Size Sq Ft: 18033.8400

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1960
  • Units Total: 8

Multi Family

  • Gross Annual Expenses: 13280.00
  • Gross Annual Income: 54322.00
  • Tenancy: Over 9 Months
  • Unit Count: 8

Tax Info

  • Unexempt Taxes: 5392
  • Special Taxing Entities: No
  • TaxBlock: 12

MLS Schools

  • Middle School Name: Piner
  • Elementary School Name: Washington
  • High School Name: Sherman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jul 29, 2022
Sold by
Prospect Realty Inc
Bought by
Kalluri Vinay Kumar
Seller's Agent
David Russell
eXp Realty LLC
Buyer's Agent
Cindy Ante
Orchard Brokerage, LLC
List Price
$499,000
Sold Price
$499,000
Total Days on Market
11
Current Estimated Value
$263,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$236,000
Avg. Annual Appreciation
-12.52%
Original Mortgage
$374,250
Outstanding Balance
$360,914
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
-$16,914

Purchase Details

Closed on
Oct 30, 2009
Sold by
Marrable Walter E and Marrable Lynn R
Bought by
Prospect Realty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,250
Interest Rate
5.05%
Mortgage Type
Seller Take Back

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Kalluri Vinay Kumar -- None Listed On Document
Prospect Realty Inc -- Chapin Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalluri Vinay Kumar $374,250
Previous Owner Prospect Realty Inc $74,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold -- -- --
05/24/2022 05/24/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $499,000 -- $248 / 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
2024 $4,406 $200,875 $67,466 $133,409
2023 $4,253 $193,724 $56,073 $137,651
2022 $6,686 $285,265 $59,978 $225,287
2021 $5,549 $221,397 $27,751 $193,646
2020 $5,544 $211,237 $27,751 $183,486
2019 $4,438 $164,637 $15,858 $148,779
2018 $3,823 $152,372 $13,695 $138,677
2017 $3,167 $127,231 $4,865 $122,366
2016 $2,549 $102,378 $4,865 $97,513
2015 $0 $92,684 $4,865 $87,819
2014 $1,856 $74,717 $4,865 $69,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20056941

North Texas Real Estate Information Systems (NTREIS)

APN: 165881