981 Fox Lane, Azle, Texas 76020

$?
12
BD
Sold Price
$?
List Price
$230,000
MLS#
14258924
Status
SOLD
Type
Multifamily
Year Built
1998
Construction Status
Preowned
Bedrooms
12
Full Baths
5
Acres
4.07
County
Tarrant
Area
FW NW(EAGLE MT.LK/RIV.OAKS/AZLE (109)
City
Azle
Subdivision
R A Paschal Survey A-1991
Building Name
Fox Lane

Property Description

Tremendous investment potential. 4 mobiles on 4 acres of land with ability to add additional rental units. Three mobiles are 720 sf, 3 bedroom 1 bath each. 4th mobile is a 3-2 with 1,216 sf. Includes a metal building with a 24x20 game room, 14x20 workshop with electric and 2 vehicle carport. With addition of a bath, game room could be efficiency apartment. Well with 1050 gallon capacity. 3 septic systems. Connections for 1 additional mobile already set up. Includes tax parcels 00004529146 and 00007743394. 911 addresses include 957, 965, 969, 973, and 981 Fox Lane. Gross income estimate presumes 3 small mobiles leased at $560 per month & larger mobile with accessory building at $1,000 per month

Additional Information

Unexempt Taxes
$1,348
HOA
No HOA
Annual Insurance
1916
Gross Annual Expenses
8979
Gross Annual Income
32160
Lot Size
177,289
Acres
4.07
Lot Description
Acreage, Some Trees
Subdivided
No
Interior Features
High Speed Internet Available
Flooring
Laminate
Foundation
Pilings
Roof
Metal
Stories
1
Street Utilities
Aerobic Septic, Asphalt, Outside City Limits, Septic, Unincorporated, Well
Heating Cooling
Central Air-Elec, Central Heat-Gas, Propane
Exterior
Satellite Dish, Workshop w/Electric
Construction Material
Siding
Parking Garage
Individual Carport, Open
Total Num Parking
8
School District
Azle Isd
Elementary School
Walnutcree
High School
Azle
Proposed Financing
Cash, Conventional
Building Sq. Ft.
1216
Number of bldgs.
4
Number of units
4
Tenancy
6 Months or Less, Month to Month
Possession
Closing/Funding, Subject to Lease
Cap Rate
10.08

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Marsha Hardin Real Estate LLC. Selling Office: .