1809 Roman Rd

Grand Prairie, TX 75050
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Sold
Sold
$285,001 - $325,000
Sold on June 30, 2020
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6 Bedroom(s)
6 Full Bath(s)
0.15 Lot Acres
Multi-Family - Fourplex

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
$415K
AVM Value
$298K
Value Range
$386K - $448K
Value Range
$ 298,000
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

This 4-plex property in Grand Prairie, TX is currently operating at an NOI of $19,631 and is 100% occupied. The property consists of two 1BD-1BA units and two 2BD-2BA units. This is a value-add investment, presenting new ownership with the opportunity to add washers and dryers in each unit in either the kitchen or bedrooms and implement RUBS at $50-unit to recover apx 80% of annual water-sewer expense. Adding these features will allow new owner to increase rents to $700 for 1 bed units and $750 for 2 bed units. Pro Forma NOI is $22,118 at a 7.37% cap rate...View the OM in attachments for showing and offer instructions.*** Prior purchase failed to perform. Back on market!

MLS#
NTREIS-14347548
Sold Price Range
$285,001 - $325,000
Listing Status
Sold
Address
1809 Roman Rd
State
TX
Zip Code
County
Subdivision
Holiday Hill Estates
Legal Description
HOLIDAY HILL ESTATES BLK R TR 17 48.3X125.74
Property Type
Multi-Family - Fourplex
Bedroom
6 Bedroom(s)
Bath
6 Full Bath(s)
Stories
2
Year Built
1969 / Appraisal District
Lot Size
0.15 Lot Acres./Appraisal District

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Frame/Brick Trim, Wood
Parking
Assigned Spaces, Covered
Utility
City Sewer,City Water,Sidewalk

Interior

Fireplace
/Wood Burning
Heating
Central Air-Elec, Central Heat-Elec
Other Equipment
Range/Oven-Electric,Refrigerator,Vent Mechanism
Security System
Smoke Detector
Energy Feature
Ceiling Fans, Electric Water Heater
Interior
Window Coverings

Lot information

Lot Size
0.15 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

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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

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Noise factors

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Source

North Texas Real Estate Information Systems, Inc.
Source last updated Apr 28, 2024 at 02:57 PM
Listing last updated Jul 01, 2020 at 12:17 PM
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1809 Roman Rd, Grand Prairie, TX 75050. View photos, map, tax, nearby homes for sale, home values, school info...

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