$1,250,000
$100K PRICE DROP

20333 Fm 2493 Bullard, TX 75757

Estimated payment $8,172/month

Total Views 14,797
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Granite Countertops
  • Covered patio or porch
  • Walk-In Closet
  • Owens Elementary School Rated A-
  • Eat-In Kitchen
  • Ceramic Tile Flooring

About This Home

6 SEPERATE UNITS! Looking for the perfect multi-family property in one of the most sought-after towns in East Texas? LOOK NO FURTHER! Situated on 1.5 acres, this property has so much to offer. The SFD is 1212sqft and currently a 2-1 with formal dining. This home could easily be converted into a 3-2 for maximized profit. Already zoned commercial, so turning into an office space is an option as well. Home was renovated in 2017 and is currently being renovated and upgraded again! Private drive and plenty of yard! Duplex- 3-2, 1275sqft with covered parking for tenants. Triplex- 2-2, 1,036sqft and built in 2022. Beautiful floorplan, granite, farmhouse sink, covered front and back patio, aerobic sprinkler in back and front yard. ALL units have upgraded appliances including washer & dryer, individual privacy fence in backyard, and brand-new septic tanks with lines. Current rents are being adjusted and this property is 100% occupied at all times.

Listing Agent

Lacy Turner

Platinum Realty Group Tyler License #0725509

Platinum Realty Group Tyler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,500

Year Built

  • Built in 2021

Lot Details

  • 1.46 Acre Lot
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Few Trees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Metal Siding

Interior Spaces

  • Walk-In Closet
  • 1-Story Property
  • Wired For Data
  • Ceiling Fan
  • Decorative Lighting

Kitchen

  • Eat-In Kitchen
  • Plumbed For Gas In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 12 Parking Spaces
  • Detached Carport Space
  • Parking Pad
  • Common or Shared Parking
  • Gravel Driveway
  • Additional Parking

Schools

  • Bullard Elementary And Middle School
  • Bullard High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Gas Water Heater
  • Aerobic Septic System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Outside City Limits

Community Details

  • 4 Buildings
  • 6 Units
  • 6,754 Sq Ft Building
  • Flint Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number R081221

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,500

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Single Units
  • Unit Levels: One
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 115740
  • Notice Surveillance Devices Pres: Audio, Video
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 185.07551
  • Special Features: None
  • Year Built: 2021

Interior Features

  • Interior Amenities: Cable TV Available, Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Pantry, Walk-In Closet(s), Wired for Data
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Appliances: Dishwasher, Disposal, Electric Range, Gas Water Heater, Microwave, Plumbed For Gas in Kitchen, Refrigerator, Vented Exhaust Fan

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick, Metal Siding, Wood
  • Waterfront: No
  • Patio And Porch Features: Covered, Front Porch, Rear Porch

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Number Of Parking Spaces: 12
  • Parking Features: Additional Parking, Carport, Common, Concrete, Detached Carport, Driveway, Gravel, Parking Pad, Varies by Unit

Utilities

  • Heating: Central, Electric, Natural Gas
  • Utilities: Aerobic Septic, Cable Available, City Sewer, Natural Gas Available, Outside City Limits, Septic

Condo/Co-op/Association

  • Complex Name: Flint Heights
  • Association Type: None

Schools

  • School District: Bullard ISD
  • Elementary School: Bullard
  • Middle School: Bullard
  • High School: Bullard
  • School District: Bullard ISD
  • Elementary School: Bullard

Lot Info

  • Lot Size: 1 to < 3 Acres
  • Lot Features: Cleared, Few Trees, Landscaped, Level
  • Lot Size Units: Acres
  • Lot Size Area: 1.4580
  • Parcel Number: R081221
  • Lot Size Acres: 1.4580
  • Lot Size Sq Ft: 63510.4800

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2021
  • Units Total: 6
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 7440.00
  • Gross Annual Income: 123180.00
  • Insurance Expense: 3257
  • Tenancy: No Smoking, Over 9 Months, Pets Allowed, Written Application Only
  • Unit Count: 3

MLS Schools

  • Middle School Name: Bullard
  • Elementary School Name: Bullard
  • High School Name: Bullard

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,500 $927,742 $21,863 $905,879
2023 $13,679 $875,228 $21,863 $853,365
2022 $12,755 $725,629 $21,863 $703,766
2021 $5,033 $263,666 $21,863 $241,803
2020 $5,027 $255,876 $21,870 $234,006
2019 $4,975 $245,441 $21,870 $223,571
2018 $4,692 $232,302 $21,870 $210,432
2017 $4,726 $237,563 $21,870 $215,693
2016 $4,751 $238,780 $21,870 $216,910
2015 $4,366 $225,721 $21,870 $203,851
2014 $4,366 $219,446 $21,870 $197,576
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 Price Changed $1,250,000 -7.4% --
08/28/2024 08/28/24 For Sale $1,350,000 0.0% --
10/22/2023 10/22/23 Rented $1,395 0.0% --
09/12/2023 09/12/23 For Rent $1,395 0.0% --
08/03/2018 08/03/18 Sold -- -- --
06/19/2018 06/19/18 Pending -- -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Deed History

Date Type Sale Price Title Company
Vendors Lien -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,100 Credit Line Revolving
Open $535,200 New Conventional
Closed $501,750 New Conventional
Closed $180,000 New Conventional
Previous Owner $62,924 Commercial
Previous Owner $115,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20714642

North Texas Real Estate Information Systems (NTREIS)

APN: 1-80320-0000-00-006020