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Sold 77351 Livingston

11971 US Highway 59 Hwy N

Livingston, TX 77351

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Sold

$120,001 - $140,000

Sold on September 28, 2023

7,870 Sqft.

30,492 Lot Sqft

Multi-Family - Fourplex

8 Day(s) on Market

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 $124K
Value Range $ 123,929
Confidence Score NA

$124K

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

$590,000 Official Appraised After-Repair Value. Appraiser estimates that over $63,000 in yearly net operating income will follow rehab and stabilization. Valuation can be increased even further through the installation of a billboard. Contact agent for a copy of recent appraisal. Over $20,000 worth of interior demolition and junk removal has been completed. This is a wonderful opportunity for yield-seeking investors due to local 9% cap rates. The property boasts of a total of 7,870 square feet. The left retail store has 2,100 square feet. Building Two contains 3,420 square feet of retail/flex space. The front top-level apartment contains 1,200 square feet with a spacious balcony. The back apartment contains 1,150 square feet. The .70 acre lot is fenced in and is zoned without restrictions. The prospect of long-term appreciation is aided by the adjacent lot containing a truck stop and a fast-food restaurant under development. A must see!

Documents

Survey Offer Instructions

MLS#

17527970

Sold Price Range

$120,001 - $140,000

Listing Status

Sold

Address

11971 US Highway 59 Hwy N

City

Livingston

State

Zip Code

77351

County

Polk County

Subdivision

Joseph Scates Surv A-69

Legal Description

ABST 69 JOSEPH W SCATES SURVEY TRACT 39

Property Type

Multi-Family - Fourplex

Stories

Year Built

1966 / Appraisal District

Building Size

7,870 Sqft/Appraisal

Lot Size

30,492 Sqft./Survey

Market Area

Livingston Area

Property website

Property map

Street
view

Get
directions

Enrique Moreno, Jr.

eXp Realty LLC

Call

Exterior

Roof

Wood Shingle

Exterior Type

Brick, Other, Stone

Lot Description

Cleared, Wooded

Parking

Paved Area

Parking Unit

More than Two

Front Door Face

East

Interior

Floors

Concrete, Wood

Cooling

No Cooling/Vent

Heating

No Heating

Lot information

Lot Size

30,492 Sqft. /Survey

Street View Map View Satellite View

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

Financing Considered

Cash Sale, Conventional, Investor, Owner Financing

Other Fees

Maintenance Fee

Taxes w/o Exemp

$2,006/2022

Tax Rate

1.6865

Additional information

List Type

Exclusive Right to Sell/Lease

Unit Feature

Balcony,Fenced Area

Buyer Agent Compensation*

Sub Agent Compensation*

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property tax

Cost/Sqft based on tax value

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Mortgage

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Estimated Monthly Payments

LIST PRICE

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Amount

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Annual Interest Rate Estimated Monthly Principal & Interest

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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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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.