1601 Mary K Lane

White Settlement, TX 76108

$650,000
Price
8
Beds
8
Baths
3,284 Sq. Ft.
$198 / Sq. Ft.
3,284
Sq. Ft.
$198
per Sq. Ft.
a view of a house with a yard
a view of a house with a entertaining space
a view of a kitchen with wooden floor and a refrigerator
a kitchen with granite countertop a stove a sink and a refrigerator
a view of kitchen with refrigerator and cabinets
a kitchen with a refrigerator and a sink
a kitchen with a sink a stove top oven and cabinets
a kitchen with white cabinets and black appliances
an empty room with a chandelier fan and windows
a bathroom with a sink a toilet and shower
a view of an empty room with a window
a view of a livingroom with a chandelier fan
a view of a hallway
an empty room with a window and a ceiling fan
a bathroom with a sink a toilet and shower
a view of an empty room with wooden floor and a window
an empty room with wooden floor and windows
a view of a kitchen with wooden floor and a ceiling fan
a view of a kitchen with furniture and wooden floor
a kitchen with stainless steel appliances a microwave a sink and wooden floors
a kitchen with stainless steel appliances granite countertop a refrigerator and a sink
a kitchen with a sink and a microwave
wooden floor in an empty room with a window
an empty room with wooden floor and a window
a bathroom with a sink toilet mirror and bathtub
an empty room with wooden floor and windows
an empty room with wooden floor and a ceiling fan
a bathroom with a toilet sink and bathtub
a front view of a house
a view of a house with backyard

Description

Rare Investment Opportunity: Fully Renovated Fourplex All four units in this property have undergone extensive renovations, with over $40k in recent updates, ensuring modern and appealing living spaces for tenants. Each unit features 2 bedrooms and 2 full baths, complete with refrigerator, stove, and dishwasher. Additionally, all units are equipped with washer and dryer connections, enhancing tenant convenience and appeal. All units are individually metered, fully electric (no gas). The roof was...Rare Investment Opportunity: Fully Renovated Fourplex All four units in this property have undergone extensive renovations, with over $40k in recent updates, ensuring modern and appealing living spaces for tenants. Each unit features 2 bedrooms and 2 full baths, complete with refrigerator, stove, and dishwasher. Additionally, all units are equipped with washer and dryer connections, enhancing tenant convenience and appeal. All units are individually metered, fully electric (no gas). The roof was replaced in 2016. Current rents for the 2bed 2bath units range from $1,000 to $1,050, with similar units in the complex renting up to $1,200. Three units are currently occupied, and one unit is freshly vacated and ready for a new tenant, making this an excellent opportunity for immediate cash flow. Don't miss this chance to invest in a well-maintained property with strong rental income potential.
  1. Listed by Anderson Schulle • TREC #0673820 • Green Light Property Mngmnt • 817-200-7982

Property Details for 1601 Mary K Lane

Subdivision Name
Cambridge Add
Pool
No
Number Of Parking Spaces
8
LISTING UPDATED: 09/20/2024 04:10 PM

Property Details for 1601 Mary K Lane

StatusActive
MLS #20703199
Days on Market96
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built1985
Lot Size0.25 AC / 10,933 SF
CountyTarrant County

Building Information for 1601 Mary K Lane

Stories2Residences4Year Built1985Building Size-Lot Size0.25 AC / 10,933 SF

Property Information for 1601 Mary K Lane

Summary
Location and General Information
  • Block: 1
  • Complex Name: Cambridge Addition
  • Directions: 1601 Mary K Ln, White Settlement
  • Elementary School: Liberty
  • Elementary School Name: Liberty
  • High School: Brewer
  • High School Name: Brewer
  • Intermediate School: Tannahill
  • Middle School: Brewer
  • Year Built Details: Preowned
  • School District: White Settlement ISD
  • Geocode Confidence: High
  • Latitude: 32.74
  • Longitude: -97.46
  • State: Texas
Parking
  • Parking Features: Parking Lot
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: CAMBRIDGE ADDITION BLOCK 1 LOT 1
  • Association Type: None
  • Tax Lot: 1
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Carpet, Luxury Vinyl Plank, Tile
  • Heating: Electric
  • Interior Features: Other
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Cooling: Electric
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Brick, Frame, Siding
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Shingle
  • Number Of Units Total: 4
  • Levels: Two
Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • Financing Proposed: Cash, Conventional
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.251
  • Lot Size Area: 0.251
  • Lot Size Units: Acres
  • Lot Size Square Feet: 10933.56
  • Multi Parcel ID: No
  • Parcel Number: 05426456
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: .00%
  • Gross Annual Expenses: $0
  • Gross Annual Income: $48,000
  • Insurance Expense: $10,345
  • Net Operation Income: $.00
Unit 1
  • Approximate SQFT: 821.0
  • Average Lease Amount: $1,050.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 4

Property History for 1601 Mary K Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1601 Mary K Lane

Taxable ValueLand$25,000Additions$375,000Total$400,000
Tax Record2023$10,343 ($862 / month)
Home Facts
Total Finished SqFt3,284 SqFtAbove Grade Finished SqFt3,284 SqFtStories2Lot Size10,929 SqFtStyleTriplexYear Built1985CountyTARRANTAPN6137H-1-1

Schools near 1601 Mary K Lane

This home is within White Settlement Independent School District.
Rating
School
Type
Grades
Distance
Liberty Elementary School
Public - K to 4
Tannahill Intermediate School
Public - 5 to 6
Brewer Middle School
Public - 7 to 8
Brewer High School
Public - 9 to 12
Rating
School
Distance
Liberty Elementary School
PublicK to 4

Tannahill Intermediate School
Public5 to 6

Brewer Middle School
Public7 to 8

Brewer High School
Public9 to 12

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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More information about 1601 Mary K Lane, White Settlement, TX 76108

1601 Mary K Lane is a multi-family home for sale in White Settlement, TX 76108. This property was listed for sale on August 14, 2024 by Green Light Property Mngmnt, it's currently listed at $650,000. It has been on the market for a total of 96 days and was last sold on May 20, 2013. This listing's school district is White Settlement Independent School District. Nearby schools include Liberty Elementary School, Tannahill Intermediate School and Brewer Middle School. 1601 Mary K Lane is a 8-bed, 8-bath, 3,284 sqft multi-family home built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Green Light Property Mngmnt, Anderson Schulle

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