1091 Grindstone Road
Description
100% occupied, selling the property for a 1031 Exchange.Great investment property on 2.727 acres with room to add additional units in the back of the property in sought after Brock ISD.
100% occupied, selling the property for a 1031 Exchange.
- Listed by Boni Ndungu • TREC #0702635 • Serene Heights LLC. • 972-832-5670
Property Details for 1091 Grindstone Road
Property Details for 1091 Grindstone Road
| Status | Active |
|---|---|
| MLS # | 20628973 |
| Days on Market | 179 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Apartment/5Plex+ |
| Year Built | 2018 |
| Lot Size | 2.73 AC / 118,788 SF |
| County | Parker County |
Building Information for 1091 Grindstone Road
Property Information for 1091 Grindstone Road
- Block: 1
- Complex Name: Grindstone Ranch
- Directions: From Brock go west on 1189 to Grindstone, property will be on the left
- Elementary School: Brock
- Elementary School Name: Brock
- High School: Brock
- High School Name: Brock
- Middle School: Brock
- Year Built Details: Preowned
- School District: Brock ISD
- Geocode Confidence: High
- Latitude: 32.67
- Longitude: -97.97
- State: Texas
- Parking Features: Concrete
- Tax Legal Description: ACRES: 2.727 LOT: 9 BLK: 1 SUBD: GRINDSTONE R
- Association Type: None
- Tax Lot: 9
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/ntreis/20628973
- Flooring: Other
- Heating: Central, Electric
- Interior Features: Granite Counters, Open Floorplan
- Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
- Cooling: Central Air, Electric
- Smart Home Features Appor Pass Y: No
- Building Area Source: Public Records
- Construction Materials: Brick
- Foundation Details: Slab
- Number Of Stories: 1
- Roof: Composition
- Number Of Units Total: 6
- Levels: One
- Utilities: Aerobic Septic, Well
- Exclusions: All tenant personal properties including TVs, wall mounts, window treatments and rods.
- Handicap: No
- Loan Type: Treat As Clear
- Property Match: APN
- Lot Size Acres: 2.727
- Lot Size Area: 2.727
- Lot Size Units: Acres
- Lot Size Square Feet: 118788.12
- Multi Parcel ID: No
- Parcel Number: R000104431
- Number Of Buildings: 1
- Capitalization Rate: 6.48%
- Gross Annual Expenses: $27,856
- Gross Annual Income: $116,925
- Insurance Expense: $8,443
- Net Operation Income: $89,069.00
- Approximate SQFT: 1713.0
- Average Lease Amount: $1,925.00
- Dining Area Length: 0.0
- Dining Area Width: 0.0
- Kitchen Length: 0.0
- Kitchen Width: 0.0
- Living Area Length: 0.0
- Living Area Width: 0.0
- Master Bed Length: 0.0
- Master Bed Width: 0.0
- Number Of Baths Full: 2
- Number Of Baths Half: 0
- Unit Type Type: 4 Bedroom Or More
- Unit Type Units Total: 2
- Approximate SQFT: 1581.0
- Average Lease Amount: $1,795.00
- Dining Area Length: 0.0
- Dining Area Width: 0.0
- Kitchen Length: 0.0
- Kitchen Width: 0.0
- Living Area Length: 0.0
- Living Area Width: 0.0
- Master Bed Length: 0.0
- Master Bed Width: 0.0
- Number Of Baths Full: 2
- Number Of Baths Half: 0
- Unit Type Type: 3 Bedroom
- Unit Type Units Total: 2
- Approximate SQFT: 1350.0
- Average Lease Amount: $1,487.00
- Dining Area Length: 0.0
- Dining Area Width: 0.0
- Kitchen Length: 0.0
- Kitchen Width: 0.0
- Living Area Length: 0.0
- Living Area Width: 0.0
- Master Bed Length: 0.0
- Master Bed Width: 0.0
- Number Of Baths Full: 2
- Number Of Baths Half: 0
- Unit Type Type: 2 Bedroom
- Unit Type Units Total: 2
Property History for 1091 Grindstone Road
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1091 Grindstone Road
Schools near 1091 Grindstone Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | 3 to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 2 |
Rating | School | Distance |
|---|---|---|
Brock Elementary School Public3 to 5 | ||
Brock J High School Public6 to 8 | ||
Brock High School Public9 to 12 | ||
Brock Elementary School PublicPK to 2 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Serene Heights LLC., Boni Ndungu
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