1704 Commercial Ave

Anson, TX 79501
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Sold
Sold
$325,001 - $370,000
Sold on December 08, 2022
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0.40 Lot Acres
Multi-Family - 5 Plus

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
$340K
AVM Value
$342K
AVM Value
$182K
Value Range
$272K - $408K
Value Range
$342K - $342K
Value Range
$ 181,690
Confidence Score
80%

Margin of Error*: 20%
Confidence Score
NA
Confidence Score
NA
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.
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Description

The Commercial Apartments is a 12 unit apartment that sits at the crossroads of HWY 277 and 180. This property has seen recent renovations including a new TPO roof, exterior work, and unit upgrades. A few units remain to be upgraded but all units that have been upgraded have new flooring, paint, updated kitchen cabinets, bathrooms, significant HVAC work, granite countertops in several units, new lighting fixtures, appliance packages and new plumbing top outs and plumbing work. The common area was painted and new flooring was added. 8 units are ready to be leased and are currently being pre-leased. The Commercial Apartments leaves significant value add opportunity which would include renovation of the on-site laundry facilities and finishing the balance of the unit turns. Implementing a Ratio Utility Billback System will increase net operating income and add greater cash flow upon stabilization.

MLS#
NTREIS-20148354
Sold Price Range
$325,001 - $370,000
Listing Status
Sold
Address
1704 Commercial Ave
City
State
TX
Zip Code
County
Subdivision
Buie Hanna Morrow Anson
Legal Description
BUIE HANNA MORROW ANSO N, BLOCK 187, LOT 3-4,
Property Type
Multi-Family - 5 Plus
Stories
2
Year Built
1999 / Appraisal District
Lot Size
0.40 Lot Acres./Appraisal District

Exterior

Roof
Other
Foundation
Slab
Private Pool
No
Exterior Type
Brick, Frame
Parking
Alley Access, Common, Gravel
Controlled Access
Accessible Approach with Ramp
Utility
City Sewer, City Water

Interior

Floors
Luxury Vinyl Plank
Cooling
Central Air, Electric
Heating
Central, Electric
Appliances
Electric Range, Refrigerator
Interior
Multiple Staircases

Lot information

Lot Size
17,337 Sqft.
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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

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Property tax

Cost/Sqft based on tax value

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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

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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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.

Assigned schools

Nearby schools view nearby schools

Source

North Texas Real Estate Information Systems, Inc.
Source last updated Mar 29, 2024 at 06:07 AM
Listing last updated Dec 19, 2022 at 06:46 PM
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