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207 Pate Orr Road N

Keller, TX 76248
  • $745,000
  • STATUS: Active Option Contract
  • ON SITE: 21 Days
  • MLS #: 20704560
Under Contract
UPDATED: 67 min ago
$745,000
  • 8
    BEDS
  • 0.46
    ACRES
  • 4
    BATHS
  • 4
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1984
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Karla Saucedo of New Monarch Real Estate Group: 310-467-2125.

Description

Here is a rare opportunity to buy an income generating fourplex in Keller. All units are leased. Roof replaced in 2021. There are 4 townhome units that are 2 bedrooms and 1.5 baths. Each townhome has its own backyard. The building is located on a spacious cul-de-sac lot (.456 acres) with his own designated parking lot. Increasing the rents to $1450 each would result in a 7.178% cap rate. Tenants pay all utilities.

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© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mack Group - Fathom Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Mack Group - Fathom Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-09-07T19:41:50.84.
www.mackgroupre.com/homes/153736055
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207 Pate Orr Road N Keller, TX 76248

  • Price: $745,000
  • Status: Active Option Contract
  • On Site: 21 Days
  • Updated: 67 min ago
  • MLS #: 20704560
8
Beds
4
Baths
4
½ Baths
0.46
Acres
1984
Built
Neighborhood:
Meadowlands Add
County:
Tarrant
Area:
Keller
Elementary School:
Kellerharv
High School:
Keller
School District:
KELLER ISD
Property Description
Here is a rare opportunity to buy an income generating fourplex in Keller. All units are leased. Roof replaced in 2021. There are 4 townhome units that are 2 bedrooms and 1.5 baths. Each townhome has its own backyard. The building is located on a spacious cul-de-sac lot (.456 acres) with his own designated parking lot. Increasing the rents to $1450 each would result in a 7.178% cap rate. Tenants pay all utilities.
Exterior Features

Carport Spaces 0 Construction BrickSiding Covered Spaces 0 Exterior Features Private Yard Fencing Wood Foundation Slab Lot Description Cul-De-Sac Lot Size Source Owner Parking Or Garage CommonOpen Parking Spaces 8 Pool On Property No Roof Composition Waterfront YN No

Interior Features

Appliances DishwasherDisposalElectric RangeElectric Water HeaterRefrigerator Attached Garage No Basement No Cooling Ceiling Fan(s)Central AirElectric Fireplace Features Wood Burning Fireplaces 4 Flooring CarpetCeramic Tile Garage No Handicap YN No Heating Electric Interior Features High Speed Internet Available

Property Features

Accessory Unit YN No Alarm Or Security Type Smoke Detector(s) Building Area Source Assessor Building Area Total 3878.00 Complex Name No Name Construction Status Preowned Gross Annual Expenses 15766.00 Gross Annual Income 59700.00 HOA None Horse Permitted No Insurance Expense 3775 Levels Two List MLSProvider Metrotex Association Of Realtors Listing Terms CashConventional Municipal Utility District No Net Operation Income 43934 Operating Expense Includes InsuranceNew Tax Possession Lease Outstanding Property Type Quadruplex Senior Community No Unexempt Taxes 12378 Utilities Cable AvailableCity SewerCity Water Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2024 North Texas Real Estate Information System.


© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mack Group - Fathom Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Mack Group - Fathom Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-09-07T19:41:50.84.
 
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The Mack Group - Fathom Realty
6841 Virginia Pkwy #103-448
McKinney TX, 75071
Offered by Karla Saucedo of New Monarch Real Estate Group: 310-467-2125.