NOT LISTED FOR SALE

Estimated Value: $192,000 - $803,000

16 Beds
14 Baths
8,696 Sq Ft
$46/Sq Ft Est. Value

Last Sold June 23, 2023

Current estimated payment $2,440/month

6 Days on Market

Highlights

  • Gated Parking
  • Security Gate
  • Central Heating and Cooling System
  • Wood Flooring
  • 1-Story Property
  • High Speed Internet

About This Home

As of June 2023

This is a great opportunity for buying and holding or flipping. The portfolio includes seven doors, consisting of three full duplexes and one-half duplex located on Gonzales at 9564, 9568, 9575, 9571, 9567, 9563, and 9515. All units are currently occupied by long-term tenants who pay under market rent. The roofs and HVAC units in all the units are less than six years old. One duplex was recently leased for $1650, which presents a value-add opportunity. We kindly request that you do not disturb the tenants but contact the listing agent for further information and showings.

Last Agent to Sell the Property

Jacob Stevenson

Compass RE Texas, LLC. License #0706671 Listed on: 05/12/2023

Compass RE Texas, LLC.

Last Buyer's Agent

NON-MLS MEMBER

NON MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,940

Year Built

  • Built in 1982

Lot Details

  • 3,311 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 8,696 Sq Ft Home
  • 1-Story Property
  • Electric Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 14 Full Bathrooms

Home Security

  • Security Gate
  • Fire and Smoke Detector

Parking

  • 14 Parking Spaces
  • 14 Carport Spaces
  • Gated Parking

Schools

  • C A Tatum Jr Elementary School
  • Ann Richards Middle School
  • Skyline High School

Utilities

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

Community Details

  • 7 Units
  • 8,696 Sq Ft Building
  • Park Independence Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / B6786
  • Assessor Parcel Number 0067860B000160000
  • $26,524 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,940

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Unit Levels: One
  • Security: Fire Alarm, Security Gate
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 74848
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 100.04600
  • Attribution Contact: 214-814-8100
  • Special Features: None
  • Year Built: 1982

Interior Features

  • Square Footage: 8696.00
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Hardwood, Laminate
  • Appliances: Electric Range
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 14
  • Total Bedrooms: 16

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air
  • Carport Spaces: 14
  • Number Of Parking Spaces: 14
  • Parking Features: Gated
  • Attached Garage YN: No
  • GarageYN: No

Utilities

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

Condo/Co-op/Association

  • Complex Name: INDEPENDENCE PARK
  • Association Type: None

Schools

  • School District: Dallas ISD
  • Elementary School: C A Tatum Jr
  • Middle School: Ann Richards
  • High School: Skyline
  • School District: Dallas ISD
  • Elementary School: C A Tatum Jr

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.0760
  • Parcel Number: 0067860B000160000
  • Lot Size Acres: 0.0760
  • Lot Size Sq Ft: 3310.5600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1982
  • Units Total: 7
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 31532.00
  • Gross Annual Income: 106200.00
  • Insurance Expense: 5000
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 26524
  • TaxBlock: B6786
  • Tax Lot: 16

MLS Schools

  • Middle School Name: Ann Richards
  • Elementary School Name: C A Tatum Jr
  • High School Name: Skyline

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2024
Sold by
Sam Christie and Sam Vinu
Bought by
Srikara Llc
Current Estimated Value
$396,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.89%
Mortgage Type
Construction

Purchase Details

Listed on
May 12, 2023
Closed on
Jun 23, 2023
Sold by
Chapa Oscar
Bought by
Christie Sam and Christie Vinu Sam
Seller's Agent
Jacob Stevenson
Compass RE Texas, LLC.
Buyer's Agent
NON-MLS MEMBER
NON MLS
List Price
$915,000
Views
72

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-29.60%
Original Mortgage
$99,428
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2017
Sold by
Dallas Metro Holdings Llc
Bought by
Chapa Oscar

Purchase Details

Closed on
Dec 4, 2007
Sold by
Mccabe Casey
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Oct 20, 2005
Sold by
Dash Partners Lp
Bought by
Mccabe Casey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,001
Interest Rate
8.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 7, 2004
Sold by
South Central Mortgage Inc
Bought by
Dash Partners Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2000
Sold by
Dfw Cashflow Partners
Bought by
South Central Mtg Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.56%

Purchase Details

Closed on
Jan 4, 2000
Sold by
Swierczynski Matthew George and Swierczynski Wanda S
Bought by
Dfw Cashflow Partners

Purchase Details

Closed on
Feb 14, 1994
Sold by
Swierczynski Matthew George and Swierczynski Wanda S
Bought by
Witherspoon James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,950
Interest Rate
6.94%
Mortgage Type
Seller Take Back
Source: Public Records

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
Srikara Llc -- None Listed On Document
Christie Sam -- Capital Title
Chapa Oscar -- None Available
Dallas Metro Holdings Llc -- None Available
Aurora Loan Services Llc $54,561 None Available
Mccabe Casey -- Tti
Dash Partners Lp -- Commonwealth Title
South Central Mtg Inc -- --
Dfw Cashflow Partners $30,642 --
Witherspoon James D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Srikara Llc $360,000
Previous Owner Christie Sam $99,428
Previous Owner Greenblatt Leslie $42,000
Previous Owner Mccabe Casey $50,001
Previous Owner Dash Partners Lp $26,000
Previous Owner South Central Mtg Inc $500,000
Previous Owner Witherspoon James D $33,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold -- -- --
05/18/2023 05/18/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $915,000 0.0% $105 / Sq Ft
09/28/2012 09/28/12 Rented $695 0.0% --
09/28/2012 09/28/12 For Rent $695 -- --
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 $3,940 $176,300 $40,000 $136,300
2024 $3,940 $176,300 $40,000 $136,300
2023 $3,940 $140,040 $30,000 $110,040
2022 $1,718 $68,720 $14,000 $54,720
2021 $1,813 $68,720 $14,000 $54,720
2020 $1,763 $64,990 $12,000 $52,990
2019 $1,808 $63,530 $12,000 $51,530
2018 $1,635 $60,120 $12,000 $48,120
2017 $889 $32,690 $9,500 $23,190
2016 $679 $24,960 $9,500 $15,460
2015 $593 $24,960 $9,500 $15,460
2014 $593 $21,620 $9,500 $12,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20325809

North Texas Real Estate Information Systems (NTREIS)

APN: 0067860B000160000