NOT LISTED FOR SALE

Estimated Value: $324,000 - $403,000

5 Beds
3 Baths
2,170 Sq Ft
$173/Sq Ft Est. Value

Last Sold March 15, 2024

Current estimated payment $2,290/month

19 Days on Market

Highlights

  • 2 Fireplaces
  • Eat-In Kitchen
  • 1-Story Property
  • Billy Ryan High School Rated A-
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of March 2024

Offered is a completely vacant full duplex also known as 818 & 820 Hercules Lane. Great Investment Property! Large, oversized lot with fenced yards, carport, and driveway parking available. 818 boasts a living room, kitchen, full bathroom, 3 bedrooms which one is a master suite with a 2nd full bathroom. 820 is a slightly smaller unit that has 2 bedrooms, 1 bathroom, living room, and kitchen. Plenty of opportunities as you can buy as your primary residence to live on one side while renting out the other. Nearby attractions are University of North Texas (UNT), Texas Women’s University (TWU), & conveniences.

Last Agent to Sell the Property

Jeff Balbi

Orchard Brokerage Brokerage Phone: 214-369-6000 License #0768431 Listed on: 02/02/2024

Last Buyer's Agent

Megan Clark

Fathom Realty License #0802935

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,201

Year Built

  • Built in 1980

Lot Details

  • 8,451 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Back Yard

Home Design

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

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • Garage
  • 2 Carport Spaces
  • Alley Access
  • Rear-Facing Garage
  • Multiple Garage Doors
  • Driveway
  • Additional Parking

Schools

  • Ginnings Elementary School
  • Ryan H S High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 13 / 14
  • Assessor Parcel Number R23220

Community Details

Overview

  • 2 Units
  • 2,170 Sq Ft Building
  • Royal Acres Add Subdivision

Building Details

  • Gross Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,201

Year Built

Built in 1980

Lot Details

0

Listing Details

  • OWNERNAME: Divine Path Realty LLC
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 214-369-6000
  • Co List Office Mls Id: DPMA01
  • Special Features: VirtualTour
  • Year Built: 1980

Interior Features

  • Fireplace Features: Wood Burning
  • Interior Amenities: Eat-in Kitchen, High Speed Internet, Cable TV
  • Flooring: Ceramic Tile, Luxury Vinyl Plank
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal
  • Fireplaces: 2

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Slab
  • Fencing: Back Yard, Chain Link, Wood
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: None

Garage/Parking

  • Cooling System: Central Air
  • Carport Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Additional Parking, Alley Access, Door-Multi, Driveway, Garage Faces Rear
  • Attached Garage YN: No
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central
  • Utilities: Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Ginnings
  • High School: Ryan H S
  • Junior High Dist: Denton ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.194
  • Parcel Number: R23220
  • Lot Size Acres: 0.194
  • Lot Size Sq Ft: 8450.64

Building Info

  • Year Built: 1980
  • Units Total: 2

Tax Info

  • TaxBlock: 14
  • Tax Lot: 13
  • Tax Annual Amount: 5201.0

Multi Family

  • Annual Gross Income: 42000.0

MLS Schools

  • MiddleOrJuniorSchool: Strickland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Mar 14, 2024
Sold by
Divine Path Realty Llc
Bought by
Jones Gary and Jones Deanna
Seller's Agent
Jeff Balbi
Orchard Brokerage
Buyer's Agent
Megan Clark
Fathom Realty
List Price
$449,000
Views
27
Current Estimated Value
$376,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$137,942
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$238,058

Purchase Details

Closed on
Jul 14, 2023
Sold by
Achievers Services Llc
Bought by
Divine Path Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,700
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2016
Sold by
Luster Sheila L and Wade Kevin M
Bought by
Achievers Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,800
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2016
Sold by
Achievers Services Llc
Bought by
Luster Sheila L and Wade Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,800
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2014
Sold by
Russell William C and Russell Elizabeth N
Bought by
Achievers Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,125
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2009
Sold by
Walls Terry C and Walls Karen S
Bought by
Russell William C and Russell Elizabeth N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,375
Interest Rate
4.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2004
Sold by
Lovette Tracy Chance
Bought by
Walls Living Trust

Purchase Details

Closed on
Nov 12, 2003
Sold by
Estate Of Patricia Ann Lovette
Bought by
Lovette Tracy Chance
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 Buyer Sale Price Title Company
Jones Gary -- Capital Title
Divine Path Realty Llc -- None Listed On Document
Achievers Services Llc -- None Available
Luster Sheila L -- None Available
Achievers Services Llc -- None Available
Russell William C -- Stnt
Walls Living Trust -- --
Lovette Tracy Chance -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Gary $140,000
Previous Owner Divine Path Realty Llc $27,700
Previous Owner Divine Path Realty Llc $304,300
Previous Owner Luster Sheila L $150,800
Previous Owner Achievers Services Llc $155,125
Previous Owner Russell William C $120,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold -- -- --
02/22/2024 02/22/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $449,000 0.0% $207 / Sq Ft
10/30/2013 10/30/13 Rented $1,050 0.0% --
09/30/2013 09/30/13 Under Contract -- -- --
09/16/2013 09/16/13 For Rent $1,050 -- --
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 $3,079 $164,506 $63,282 $101,224
2024 $3,079 $159,510 $63,282 $96,228
2023 $5,346 $280,000 $126,564 $153,436
2022 $5,201 $245,000 $126,564 $118,436
2021 $4,656 $209,455 $101,250 $108,205
2020 $4,973 $217,577 $101,250 $116,327
2019 $5,199 $217,908 $101,250 $116,658
2018 $5,194 $215,000 $101,250 $113,750
2017 $3,423 $138,500 $101,250 $37,250
2016 $3,346 $138,500 $50,626 $87,874
2015 $3,090 $148,000 $36,285 $111,715
2014 $3,090 $123,487 $33,261 $90,226
2013 -- $121,045 $33,261 $87,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20526908

North Texas Real Estate Information Systems (NTREIS)

APN: R23220