308 S Magnolia St

Crowley, TX 76036
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Sold
Sold
$482,001 - $552,000
Sold on November 14, 2022

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12 Bedroom(s)
8 Full Bath(s)
0.20 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
$569K
AVM Value
$545K
Value Range
$489K - $649K
Value Range
$ 545,045
Confidence Score
86%

Margin of Error*: 14%
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

**MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST DUE SUNDAY OCT 2ND @ 5PM** Rare opportunity to own two fourplexes in the heart of Crowley. Great income-producing properties that are currently operating at a cap rate just below 6%. All 8 units are currently occupied by tenants and will make a great addition to any portfolio. Each individual unit offers 3 bedrooms, 2 bathrooms, a utility room, and 2 covered parking spots. Freshly painted with updated flooring, appliances, and fixtures. Easy freeway access and close to shopping and restaurants. Units 308 and 304 S Magnolia will be sold as a package deal and will not be separated. MLS for other unit 20167772

MLS#
NTREIS-20167762
Sold Price Range
$482,001 - $552,000
Listing Status
Sold
Address
308 S Magnolia St
City
State
TX
Zip Code
Subdivision
Rays Place II
Legal Description
RAY'S PLACE II BLOCK 1 LOT 12
Property Type
Multi-Family - Fourplex
Bedroom
12 Bedroom(s)
Bath
8 Full Bath(s)
Stories
2
Year Built
2003 / Appraisal District
Lot Size
0.20 Lot Acres./PUBREC

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Brick
Lot Description
Few Trees, Irregular Lot, Landscaped, Subdivision
Parking
Carport, Common, Covered, On Street, Open, Other
Parking Space
Garage 0 / Carport 2 / Total Covered 2
Utility
Cable Available, City Sewer, City Water
Exterior
Covered Patio/Porch

Interior

Floors
Ceramic Tile, Laminate
Cooling
Central Air, Electric
Heating
Central, Electric
Appliances
Dishwasher, Disposal, Electric Range, Microwave, Other
Security System
Smoke Detector(s)
Interior
Cable TV Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available, Open Floorplan, Other

Lot information

Lot Size
0.20 Lot Acres /PUBREC
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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

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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

Noise factors

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Source

North Texas Real Estate Information Systems, Inc.
Source last updated May 22, 2024 at 08:58 PM
Listing last updated Nov 15, 2022 at 01:37 PM
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308 S Magnolia St, Crowley, TX 76036. View photos, map, tax, nearby homes for sale, home values, school info...