This offering is available for $278,888 up until February 28. Without a signed contract before deadline, the Seller plans to rehab the subject property. So, get this property while it can be yours! Moreover, this apartment building has a $950,000 Official Appraised After-Repair Value (per Barletta and Associates, Inc.). Projected NOI after year 1 following stabilization is projected to be $82,540 (per appraisal). Rehab and purchase the property for $678,888 in order to obtain a property with over a 12% cap rate on account of the $82,540 NOI. The property is located only 45 minutes from Dallas city limits and is close to multiple municipalities offering ample job opportunities for tenants (especially in the retail and manufacturing sectors). Contact agent for access to link for obtaining a virtual tour of the property.
Sold
Price Unknown
900 S Tool Dr, Tool, TX 75143
--beds
--baths
5,520sqft
Multi Family, Apartment
Built in 1955
-- sqft lot
$316,000 Zestimate®
$--/sqft
$1,345 Estimated rent
Home value
$316,000
$262,000 - $379,000
$1,345/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Enrique Moreno 888-519-7431,
eXp Realty LLC 888-519-7431
Bought with:
Enrique Moreno
eXp Realty LLC
Source: NTREIS,MLS#: 20478028
Facts & features
Interior
Heating
- Electric, Other
Cooling
- Electric, Other
Appliances
- Included: Electric Cooktop, Electric Water Heater
Features
- Built-in Features
- Flooring: Vinyl
Interior area
- Total structure area: 5,520
- Total interior livable area: 5,520 sqft
Property
Parking
- Total spaces: 20
- Parking features: Gravel
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 0.94 Acres
Details
- Parcel number: 37450000708063
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Board & Batten Siding, Brick, Frame
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Municipal Utilities, Sewer Available, Water Available
Community & neighborhood
Location
- Region: Tool
- Subdivision: Paradise Bay
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $60 annually
- Services included: Association Management
- Association name: Paradise Bay Property Association
- Association phone: 903-603-2639
Price history
| Date | Event | Price |
|---|---|---|
| 3/1/2024 | Sold | -- |
Source: NTREIS #20478028 Report a problem | ||
| 2/7/2024 | Pending sale | $278,888$51/sqft |
Source: NTREIS #20478028 Report a problem | ||
| 1/16/2024 | Listed for sale | $278,888$51/sqft |
Source:  HAR #83342011 Report a problem | ||
| 12/27/2023 | Pending sale | $278,888$51/sqft |
Source: NTREIS #20478028 Report a problem | ||
| 12/20/2023 | Price change | $278,888+1.4%$51/sqft |
Source: HAR #83342011 Report a problem | ||
| 11/16/2023 | Listed for sale | $275,000-9.8%$50/sqft |
Source: NTREIS #20478028 Report a problem | ||
| 10/9/2023 | Listing removed | -- |
Source: NTREIS #20421106 Report a problem | ||
| 9/23/2023 | Price change | $305,000+1.7%$55/sqft |
Source: HAR #75017359 Report a problem | ||
| 9/4/2023 | Price change | $300,000-7.7%$54/sqft |
Source: NTREIS #20421106 Report a problem | ||
| 8/31/2023 | Listed for sale | $325,000-37.5%$59/sqft |
Source: NTREIS #20421106 Report a problem | ||
| 11/30/2021 | Sold | -- |
Source: NTREIS #14651939 Report a problem | ||
| 11/23/2021 | Pending sale | $520,000$94/sqft |
Source: NTREIS #14651939 Report a problem | ||
| 10/21/2021 | Price change | $520,000-2.8%$94/sqft |
Source: NTREIS #14651939 Report a problem | ||
| 9/16/2021 | Price change | $535,000-3.6%$97/sqft |
Source: NTREIS #14651939 Report a problem | ||
| 8/31/2021 | Price change | $555,000-3.5%$101/sqft |
Source: NTREIS #14651939 Report a problem | ||
| 8/28/2021 | Listed for sale | $575,000$104/sqft |
Source: NTREIS #14651939 Report a problem | ||
| 8/23/2021 | Pending sale | $575,000$104/sqft |
Source: NTREIS #14651939 Report a problem | ||
| 8/18/2021 | Listed for sale | $575,000+35.3%$104/sqft |
Source: NTREIS #14651939 Report a problem | ||
| 6/28/2020 | Listing removed | $425,000$77/sqft |
Source: EXP REALTY #14325390 Report a problem | ||
| 5/19/2020 | Price change | $425,000-1.2%$77/sqft |
Source: EXP REALTY #14325390 Report a problem | ||
| 5/3/2020 | Price change | $430,000-2.3%$78/sqft |
Source: EXP REALTY #14325390 Report a problem | ||
| 4/21/2020 | Price change | $440,000-2.2%$80/sqft |
Source: EXP REALTY #14325390 Report a problem | ||
| 2/7/2020 | Listed for sale | $450,000$82/sqft |
Source: EXP REALTY #14276834 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Tool
Nearby schools
GreatSchools rating
- 9/10Tool Elementary SchoolGrades: PK-4Distance: 0.4 mi
- 5/10Malakoff Middle SchoolGrades: 7-8Distance: 10.7 mi
- 6/10Malakoff High SchoolGrades: 9-12Distance: 10.9 mi
Schools provided by the listing agent
- Elementary: Malakoff
- Middle: Malakoff
- High: Malakoff
- District: Malakoff ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$316,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$316,000
- Texas
- Henderson County
- Kemp
- 75143
- Tool
- 900 S Tool Dr
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