Forest Hill, TX 76140,1901-1903 Magnolia Lane
$711,000
Est.Price: ?

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9 BD
9 BA
8,319 Sqft Lot

1901-1903 Magnolia Lane Forest Hill, TX 76140

Est. payment /mo
SOLD DATE : 07/30/2024

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Subdivision The Woods

MLS Listing ID 20643461

Sold Date 07/30/24

Bedrooms 9

Full Baths 6

Half Baths 3

HOA Fees $90/mo

HOA Y/N Mandatory

Total Fin. Sqft 3894

Year Built 2023

Annual Tax Amount $6,119

Lot Size 8,319 Sqft

Acres 0.191

Property Description

NEW, fully occupied triplex with long term leases in place! Seller willing to purchase a forward commitment for investors who use and qualify through preferred lender, Momentum Loans, for a LONG-TERM INTEREST RATE OF 5.75%!
The Woods at Forest Hill is a master planned town home community comprised of 76 total doors, divided into duplexes, triplexes, and fourplexes. The project consists of limited HOA common area, with $30 dues per monthy per unit, with each owner responsible for their building insurance and maintenance.
The units are all 3 bed, 2.5 bath with 1 car garage and 1298 square feet of living space. They feature granite countertops, stainless appliances, LVP flooring and tall ceilings. Units are desirable for tenants with low maintenance exteriors. Very handy location for those working in Fort Worth, Arlington and the 287 corridor. Sold with property management in place.
Seller has other triplex and quadplex buildings available at The Woods. Contact listing agent for info.

Location

State TX

County Tarrant

Direction From 820 take the Anglin Drive exit south. Magnolia Street is on the right in 4 blocks.

Interior

Interior Features Eat-in Kitchen, Granite Counters, Kitchen Island

Heating Central, Electric

Cooling Central Air, Electric

Flooring Luxury Vinyl Plank

Appliance Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave

Heat Source Central, Electric

Exterior

Garage Spaces 1.0

Fence Back Yard, Wood

Utilities Available Asphalt, City Sewer, City Water, Underground Utilities

Roof Type Composition

Total Parking Spaces 1

Garage Yes

Building

Story Two

Foundation Slab

Level or Stories Two

Structure Type Board & Batten Siding,Brick

Schools

Elementary Schools Sellers

Middle Schools Forest Oak

High Schools Wyatt Od

School District Fort Worth Isd

Others

Ownership Peak Forest Hill, LLC

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Financing Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Levi Mills • Prime Properties Realty
Bought with John Steffen • eXp Realty LLC

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Carol Butera, MRP

Agent | License ID: 804671

+1(469) 425-2227

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