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Sold 75143 Tool

900 S Tool Dr

Tool, TX 75143

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Sold

$250,001 - $285,000

Sold on March 01, 2024

0.94 Lot Acres

Multi-Family - 5 Plus

63 Day(s) on HAR.com

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables

AVM Value $286K	AVM Value $152K
Value Range $223K - $366K	Value Range $ 152,165
Confidence Score NA	Confidence Score NA

$286K

$152K

Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.

Description

This offering is available for $278,888 up until February 28. Without a signed contract before deadline, the Seller plans to rehab the subject property. So, get this property while it can be yours! Moreover, this apartment building has a $950,000 Official Appraised After-Repair Value (per Barletta and Associates, Inc.). Projected NOI after year 1 following stabilization is projected to be $82,540 (per appraisal). Rehab and purchase the property for $678,888 in order to obtain a property with over a 12% cap rate on account of the $82,540 NOI. The property is located only 45 minutes from Dallas city limits and is close to multiple municipalities offering ample job opportunities for tenants (especially in the retail and manufacturing sectors). Contact agent for access to link for obtaining a virtual tour of the property.

MLS#

NTREIS-20478028

Sold Price Range

$250,001 - $285,000

Listing Status

Sold

Address

900 S Tool Dr

City

Tool

State

Zip Code

75143

County

Henderson County

Subdivision

Paradise Bay

Property Type

Multi-Family - 5 Plus

Stories

Year Built

1955 / Appraisal District

Lot Size

0.94 Lot Acres./Appraisal District

Maintenance Fee

$60 / Annually

Property map

Street
view

Get
directions

Enrique Moreno

eXp Realty LLC

Call

Exterior

Roof

Shingle

Foundation

Slab

Private Pool

Exterior Type

Board & Batten Siding, Brick, Frame

Parking

Gravel

Utility

City Sewer, City Water, Electricity Connected, Master Gas Meter, MUD Sewer, MUD Water

Interior

Floors

Vinyl

Cooling

Electric, Other

Heating

Electric, Other

Appliances

Electric Cooktop, Electric Water Heater

Interior

Built-in Features

Lot information

Lot Size

0.94 Lot Acres /Appraisal District

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Maintenance Fee

$60/Annually

Maint Fee Includes

Management Fees

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Property tax

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

LIST PRICE

DOWN PAYMENT

Amount

Percentage

Loan Term

Months

Years

Annual Interest Rate Estimated Monthly Principal & Interest

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Estimated Monthly Property Tax

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Monthly Homeowner's Insurance Monthly PMI (Private Mortgage Insurance) Monthly HOA fees

Full Page

Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.