1130 East Ohio Street

Van, TX 75790

$1,700,000
Price
2
Beds
1
Bath
3,798 Sq. Ft.
$448 / Sq. Ft.
3,798
Sq. Ft.
$448
per Sq. Ft.

Description

Amazing opportunity to own a lucrative multiunit investment property! 16 doors! 4 Building Quadplex's, each unit has 2 bedrooms, 1 bath with a bonus outside heated and cooled storage room. All units have a front porch, Custom oak cabinets, alarm systems, built in microwave and refrigerator and are all electric. The average occupancy is 100% and we offer a management company if needed. Also, 10 acres available to purchase for further expansion with the possibility to build 8 to 10 more buildings on.

Property Details for 1130 East Ohio Street

Subdivision Name
None
MLS Area Major
VAN ZANDT COUNTY (36)
School District
Van ISD
Pool
No
Number Of Parking Spaces
32

Location

Listing Courtesy of Promise Realty, Tanya Watkins

Property Details for 1130 East Ohio Street

StatusActive
MLS #14452277
Days on Market250
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built2011
Lot Size2.51 AC / 109,335 SF
CountyVan Zandt County

Contact a Compass agent

Location

Listing Courtesy of Promise Realty, Tanya Watkins

Building Information for 1130 East Ohio Street

Stories-Residences-Year Built2011Building Size-Lot Size2.51 AC / 109,335 SF

Payment Calculator

$5,697 per month

30 year fixed, 2.95% Interest

Principal and Interest

$5,697

Property Taxes

HOA Dues

$0

Property Information for 1130 East Ohio Street

Summary
    Location and General Information
  • Complex Name: GREENWAY VILLAGES
  • MLS Area Minor: VAN ZANDT COUNTY (1)
  • Directions: Take I-20 East about 57 minutes from Dallas, take exit 537 toward FM 16 & 773. 0.7 miles turn L onto FM 16 go 3.6 miles continuing onto E Main St. 0.7 miles turn L onto N Palm St, 0.6 miles turn R onto E Ohio St go 0.3 miles and Greenway Villages are on the right.
  • Elementary School: Rhodes
  • High School Name: Van
  • Intermediate School: Van
  • Junior High School: Van
  • Year Built Details: Preowned
    Parking
  • Parking Features: Assigned Spaces
    Taxes and HOA Information
  • Taxes: $13,951
  • Tax Legal Description: ACRES: 2.510 ABST: 891 SUR: WALLING
  • Association Type: None
Agent Information
    Showing and Remarks
  • Public Remarks: Amazing opportunity to own a lucrative multiunit investment property! 16 doors! 4 Building Quadplex's, each unit has 2 bedrooms, 1 bath with a bonus outside heated and cooled storage room. All units have a front porch, Custom oak cabinets, alarm systems, built in microwave and refrigerator and are all electric. The average occupancy is 100% and we offer a management company if needed. Also, 10 acres available to purchase for further expansion with the possibility to build 8 to 10 more buildings on.
Interior and Exterior Features
    Interior Features
  • Heating: Central Air-Elec, Central Heat-Elec
  • Interior Features: Cable TV Available, Decorative Lighting
  • Other Equipment: Built-in Microwave, Built-in Refrigerator/Freezer, Dishwasher, Disposal, Range/Oven-Electric, Refrigerator
    Exterior Features
  • Building Area Source: Tax
  • Construction Materials: Brick
  • Exterior Features: Covered Porch(es)
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Composition
Property
    Utilities
  • Utilities: City Sewer, City Water, Community Mailbox
    Property and Assessments
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security System: Yes
    Lot Information
  • Lot Size Area: 2.51
  • Lot Size Units: Acres
  • Multi Parcel ID: No
  • Parcel Number: R000020926
Multi Family
    Multi Family Information
  • Number Of Buildings: 4
  • SQFT Building: 3798
  • Capitalization Rate: 5.54
  • Gross Annual Expenses: $58,300
  • Gross Annual Income: $152,500
  • Insurance Expense: $11,522
  • Net Annual Income: $94,200
    Unit 1
  • Dining Area Length: 0
  • Dining Area Width: 0
  • Kitchen Length: 10
  • Kitchen Width: 14
  • Lease: 12
  • Living Area Length: 14
  • Living Area Width: 16
  • Primary Bed Length: 12
  • Primary Bed Width: 12
  • Number Of Baths Full: 1
  • Number Of Baths Half: 0
  • Number Of Beds: 2
  • Number Of Units: 3
  • Sq Ft: 1052

Property History for 1130 East Ohio Street

DateEvent & SourcePriceAppreciation
Oct 12, 2020

Listed (Active)

NTREIS #14452277

$1,700,000
DateEvent & SourcePrice
10/12/2020

Listed (Active)

NTREIS #14452277

$1,700,000

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

Public Records for 1130 East Ohio Street

Taxable ValueLand$23,590Additions$468,520Total$492,110
Tax Record2020$13,951 ($1,163 / month)
Home Facts
Total Finished SqFt3,798 SqFtAbove Grade Finished SqFt3,798 SqFtLot Size109,336 SqFtStyleMulti-Family Dwelling (2-4)Year Built2011CountyVAN ZANDTAPN064.0891.7610.0001.0000

Schools near 1130 East Ohio Street


SchoolTypeGradesDistanceRating
Van Middle SchoolPublic4-60.7 mi
7
Van Intermediate SchoolPublic2-30.9 mi
4
Rhodes Elementary SchoolPublicPK-10.9 mi
NR
Van High SchoolPublic9-121.1 mi
5

Van Middle School

4-6, 0.7 mi, Public

7

Van Intermediate School

2-3, 0.9 mi, Public

4

Rhodes Elementary School

PK-1, 0.9 mi, Public

NR

Van High School

9-12, 1.1 mi, Public

5

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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1130 East Ohio Street is a multi-family home for sale in Van, TX 75790. This property was listed for sale on October 12, 2020 by Promise Realty at $1,700,000. This listing's school district is Van Independent School District. Nearby schools include Van Middle School, Van Intermediate School and Rhodes Elementary School. 1130 East Ohio Street is a 2-bed, 1-bath, 3,798 sqft multi-family home built in 2011. This address can also be written as 1130 E Ohio St.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Promise Realty, Tanya Watkins

The information being provided by North Texas Real Estate Information Systems (NTREIS) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 04/01/2021 09:37 AM