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Tarrant, US
Great cash flowing property. 3 units all rented out. The house was redone on the inside 2 years ago. The foundation was done last year. The AC unit was replaced last year in the main house and 1 of the apartments. The gas lines and Electric panels are new on the apartments as of 2 years ago. Call about questions.
The maintenance guy lives in the house, reason for the low rent. Market rate for house is 1200 a month; increasing annual gross income 2400 a yr.
Courtesy Of: Mersaes Real Estate, Inc.
Feature Highlights
- Fireplace
- Wood Floor
- Tile Floor
General Features
- Foundation Type:
- Slab
- Garage:
- Open,Other Parking/Garage,Rear,Side,Uncovered
Public Schools
- School District:
- Fort Worth ISD
- Elementary School:
- Meadowbrook
- Middle School:
- Meadowbrook
- High School:
- Polytechni
Interior Features
- Beds Total:
- 5
- Interior Features:
- Cable TV Available
- Heating:
- Central Air-Elec,Central Heat-Gas
- Baths Full:
- 4
- Flooring:
- Ceramic Tile,Laminate,Wood
- Fireplaces Total:
- 1
- Fireplace Features:
- Freestanding,Gas Starter,Wood Burning
Exterior Features and Amenities
- Number Of Stories:
- 2
- Number Of Units:
- 3
- Parking Features:
- Open,Other Parking/Garage,Rear,Side,Uncovered
- Number Of Parking Spaces:
- 6
- Number Of Buildings:
- 2
- Roof:
- Composition
- Subdivision Name:
- Sycamore Heights
- Lot Size Area SQFT:
- 7013.16
- Lot Size Units:
- Acres
- Lot Size Area:
- 0.161
- Lot Features:
- Corner,Landscaped,Park View,Subdivision
- Building Area Source:
- Tax
- Exterior Features:
- Covered Deck,Covered Porch(es),Gutters,Other,Patio Covered
- Lot Number:
- 7
Utility Information
- Utilities:
- City Sewer,City Water
Financial
- Capitalization Rate:
- 10.45
- Unexempt Taxes:
- $2,665.00
- Tenancy:
- Lease while on Market,Month to Month,No Smoking,No Sublease,No Waterbeds
- Tax Legal Description:
- SYCAMORE HEIGHTS BLOCK 50 LOT 7
- Gross Annual Expenses:
- 3200
- Net Annual Income:
- 23000
- Gross Annual Income:
- 28200
- Insurance Expense:
- 2000
Other Features
- Other Equipment:
- Built-in Refrigerator/Freezer,Cooktop - Electric,Dishwasher,Disposal,Dryer,Oven-Electric,Plumbed For Gas in Kitchen,Refrigerator,Washer
- Parcel Number:
- 03068722
- Construction Materials:
- Brick
- Possession:
- Subject to Lease
- Foundation Details:
- Slab
- SQFT Building:
- 2746
- Block:
- 50
- Unit Count:
- 2
- Will Subdivide:
- No
- Year Built Details:
- Preowned
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Data last updated: 2025-03-14.
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