$850,000
SOLD DEC 23, 2024
Last list price

818 Wildwood Ln Unit 4 Grapevine, TX 76051

8 Beds
8 Baths
-- Sq Ft
9,017 Sq Ft Lot

Recently Sold

5 Days on Market

Highlights

  • Two Primary Bedrooms
  • Deck
  • Bay Window
  • Silver Lake Elementary School Rated A
  • Covered patio or porch
  • Ceramic Tile Flooring

About This Home

As of December 2024

This quadplex is a fantastic investment opportunity in the highly sought-after Grapevine-Colleyville ISD. Located just minutes from downtown Grapevine, this property combines prime location with great rental potential, making it a valuable addition to any portfolio. Each of the four units offers 2 comfortable bedrooms, 1.5 bathrooms, and approximately 1,100 square feet of living space. The units are ideally sized and provide an inviting layout that appeals to tenants looking for a welcoming home. With its excellent proximity to both the local elementary and middle schools, this property is perfectly suited for professionals and those looking for short term options alike. Don’t miss the chance to invest in this well-located, multi-family property in a vibrant community! HUGE investment potential to have cash flowing asset for retirement.

Last Agent to Sell the Property

Hannah Fergusson

DAF Property Group INC Brokerage Phone: 817-798-8534 License #0671055

Last Buyer's Agent

Harrison Sharp

BK Real Estate License #0735232

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,851

Year Built

  • Built in 1981

Lot Details

  • 9,017 Sq Ft Lot
  • Wood Fence

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Siding

Interior Spaces

  • 2-Story Property
  • Bay Window

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Double Master Bedroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Parking Spaces
  • Additional Parking

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Silver Lake Elementary School
  • Grapevine Middle School
  • Colleyville Heritage High School

Utilities

  • Central Heating and Cooling System
  • Master Water Meter
  • Cable TV Available

Community Details

  • 4 Units
  • 4,352 Sq Ft Building
  • Wildwood Terrace Apts Add Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 03526216
  • $11,710 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,851

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: Two
  • Security: Carbon Monoxide Detector(s), Fire Alarm, Unknown
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 52203
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Lake Pump Y N: No
  • Ratio Current Price By Building: 183.36397
  • Attribution Contact: 817-798-8534
  • Special Features: None
  • Year Built: 1981

Interior Features

  • Windows: Bay Window(s)
  • Interior Amenities: Cable TV Available, Second Primary Bedroom
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank, Vinyl
  • Appliances: Dishwasher, Disposal, Electric Oven
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Wood
  • Roof: Shingle
  • Construction Materials: Brick, Frame, Siding
  • Waterfront: No
  • Patio And Porch Features: Covered, Deck, Rear Porch

Garage/Parking

  • Cooling System: Central Air
  • Number Of Parking Spaces: 8
  • Parking Features: Additional Parking
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Heating: Central
  • Utilities: City Sewer, City Water, Electricity Available, Electricity Connected, Master Water Meter

Condo/Co-op/Association

  • Complex Name: Wildwood Terrace
  • Association Type: None

Schools

  • School District: Grapevine-Colleyville ISD
  • Elementary School: Silver Lake
  • Middle School: Grapevine
  • High School: Colleyville Heritage
  • School District: Grapevine-Colleyville ISD
  • Elementary School: Silver Lake

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.2070
  • Parcel Number: 03526216
  • Lot Size Acres: 0.2070
  • Lot Size Sq Ft: 9016.9200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1981
  • Units Total: 4
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 14517.00
  • Gross Annual Income: 66720.00
  • Insurance Expense: 2800
  • Tenancy: 6 Months or Less, Lease While on Market, Month to Month, No Smoking, No Sublease, No Waterbeds, Over 9 Months, Pet Restrictions, Pets Allowed, Written Application Only, Other

Tax Info

  • Unexempt Taxes: 11710
  • Special Taxing Entities: No
  • Tax Lot: 3

MLS Schools

  • Middle School Name: Grapevine
  • Elementary School Name: Silver Lake
  • High School Name: Colleyville Heritage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Dec 20, 2024
Sold by
Ranger Real Estate Llc
Bought by
Sa Ballast 2 Llc
Seller's Agent
Hannah Fergusson
DAF Property Group INC
Buyer's Agent
Harrison Sharp
BK Real Estate
List Price
$850,000
Sold Price
$850,000
Total Days on Market
5
Views
14
Current Estimated Value
$820,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,000
Avg. Annual Appreciation
-8.39%
Original Mortgage
$598,500
Outstanding Balance
$596,972
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$223,028

Purchase Details

Closed on
Mar 14, 2024
Sold by
Idoski Beadin
Bought by
Ranger Real Estate Llc

Purchase Details

Closed on
Jul 24, 1998
Sold by
Cfc Investments Inc
Bought by
Parnell Kyle D and Parnell Francey Fitch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,400
Interest Rate
7.05%

Purchase Details

Closed on
Mar 25, 1997
Sold by
Ballard Franklyn E and Ballard Gene Ann
Bought by
Cfc Investments Inc

Purchase Details

Closed on
Sep 9, 1993
Sold by
Cfc Investments Inc
Bought by
Ballard Franklyn E and Ballard Gene Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,200
Interest Rate
7.19%
Mortgage Type
Commercial

Map

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 Type Sale Price Title Company
Deed -- Capital Title
Deed -- Capital Title
Warranty Deed -- Capital Title
Vendors Lien -- American Title Company
Quit Claim Deed -- --
Quit Claim Deed -- Fidelity National Title Agen
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $598,500 New Conventional
Closed $598,500 New Conventional
Previous Owner $147,400 No Value Available
Previous Owner $81,200 Commercial
Closed $18,430 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold -- -- --
11/13/2024 11/13/24 Pending -- -- --
11/07/2024 11/07/24 For Sale $850,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

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 $2,851 $591,080 $60,000 $531,080
2023 $10,127 $604,071 $60,000 $544,071
2022 $8,816 $445,000 $60,000 $385,000
2021 $6,643 $305,514 $18,000 $287,514
2020 $5,376 $244,406 $18,000 $226,406
2019 $5,574 $244,406 $18,000 $226,406
2018 $1,612 $271,196 $18,000 $253,196
2017 $6,653 $287,670 $18,000 $269,670
2016 $6,233 $269,521 $18,000 $251,521
2015 $4,840 $211,000 $18,000 $193,000
2014 $4,840 $230,700 $18,000 $212,700
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20772895

North Texas Real Estate Information Systems (NTREIS)

APN: 03526216