$319,900
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6 Beds
4 Baths
5,924 Sqft Lot
SOLD DATE : 05/29/2025
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Southgate Add
MLS Listing ID 20916372
Sold Date 05/29/25
Bedrooms 6
Full Baths 4
HOA Y/N None
Total Fin. Sqft 2012
Year Built 1986
Annual Tax Amount $7,566
Lot Size 5,924 Sqft
Acres 0.136
Property Sub-Type Duplex
Property Description
MULTIPLE OFFERS RECEIVED, DEADLINE IS NOON TODAY, MONDAY MAY 5TH. FULL DUPLEX! 8521 & 8523 included. Great Investment Opportunity OVER 1% RULE with Long-Term Tenants! This cash-flowing duplex brings in $3,350 a month in gross rent, easily clearing the 1% rule, a smart move for investors focused on income and stability. Each unit features a well-designed open floor plan with 3 bedrooms, 2 bathrooms, a spacious living area, and a 2-car garage. Both units include durable vinyl plank flooring throughout, no carpet. making them easy to maintain and appealing to tenants. Unit 8521: Current rent is $1,850 a month, HVAC around 3 years old, water heater around 4 years old, kitchen has granite countertops. Unit 8523: Current rent is $1,500 a month, HVAC is around 2 years old, water heater is less than 6 months old. Conveniently situated near schools, shopping centers, restaurants, and major thoroughfares, this property checks all the boxes for rental desirability. Long-term tenants and strong returns make this an opportunity you don't want to overlook. Current tenants are long term and with government housing. All information deemed reliable but not guaranteed. Buyers and agents to verify all data.
Location
State TX
County Tarrant
Direction See GPS
Interior
Interior Features Cable TV Available, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Open Floorplan, Pantry, Walk-In Closet(s)
Heating Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Carpet, Luxury Vinyl Plank
Fireplaces Number 2
Fireplaces Type Brick, Wood Burning
Appliance Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave
Heat Source Electric
Exterior
Garage Spaces 4.0
Fence Wood
Utilities Available All Weather Road, Cable Available, City Sewer, City Water, Concrete, Electricity Available, Electricity Connected, Sewer Available
Roof Type Composition
Total Parking Spaces 4
Garage Yes
Building
Story One
Foundation Slab
Level or Stories One
Structure Type Brick,Siding
Schools
Elementary Schools Jackie Carden
Middle Schools Crowley
High Schools Crowley
School District Crowley Isd
Others
Ownership See Tax
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
Special Listing Condition Affordable Housing
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Bought with Kimber Fox • HomeSmart Stars
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "