Address
202 S Broadway Street, Bells, TX
Price
$ 2,795,000
Property Attributes
  • MLS#20479085
  • TypeMulti-Family
  • CountyGRAYSON
  • CityBells
  • NeighborhoodDuganville
  • Zip75414
  • StyleApartment
  • Year Built1982
  • Taxes$ 19286
  • Price$ 2,795,000
  • Bedrooms24
  • Full Bathrooms24
  • Half Bathrooms0
  • Lot Size1.791 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

RARE OPPORTUNITY TO OWN A 24 UNIT APARTMENT COMPLEX. 6 BUILDINGS, EACH WITH 4 UNITS ALL 2 BEDROOM 1 BATH UNITS, SINGLE STORY, ALL SEPERATLEY METERED FOR WATER AND ELECTRICITY. CENTRAL HEAT AND AIR. THE BUILDINGS ARE ALL ELECTRIC. PROPERTY HAS ADDITIONAL LAND LOCATED IN THE HEART OF DOWNTOWN BELLS TX DIRECTLY BETWEEN THE TREMENDOUS GROWTH OF SHERMAN AND THE NEW BOIS D ARC LAKE. RECENT CAPTIAL IMPROVEMENTS INCLUDE, ROOF REPLACED ON ALL 6 BUILDINGS IN 2023, EXTERIOR SIDING REPLACED ON MOST BUILDINGS 2023, EXTERIOR PAINTED AND FRONT PORCH SUPPORT BEAMS REPLACED AND STAINED. LISTING AGENT IS PART OWNER.

Elementary School
Bells Elementary School
Price History
11/21/2023 Listed $2,850,000
3/23/2024 2% - $2,795,000

General Features

Heating Electric
Complex Name Deer Run Apartments
Cooling Central Air
Utilities City Sewer,City Water,Individual Water Meter
Possession Negotiable
Roof Composition
Appliances Electric Range
School District Bells ISD
Capitalization Rate 0.00
Exclusions TENANTS PERSONAL PROPERTY
Year Built 1982
Tenancy Other
Levels One
Unexempt Taxes 19286
Will Subdivide No
Gross Annual Expenses 0.00
Property SubType Apartment
Subdivision Name Duganville
Occupant Type Tenant
County Grayson
Operating Expense Includes Other
Property Type Residential Income
Security Features Fire Alarm
Construction Materials Board & Batten Siding,Siding
Year Built Details Preowned
HOA Type None
# of Buildings 6
Status Active
Directions LOCATED IN DOWNTOWN BELLS,FROM BELLS BLVD,SOUTH ON PECAN,EAST ON MAIN,SOUTH ON BROADWAY,PROPERTY WILL BE ON LEFT. 111 S. BROADWAY BELLS TX FOR GOOGLE MAPS.
City Bells
Buyer Agent Compensation 1.5
Elementary School Name Bells
High School Bells
Street Name Broadway
Elementary School Bells
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20479085
Standard Status Active
Junior High School Pritchard
Buyer Agent Compensation Type %

Interior Features

Interior Features Open Floorplan
Flooring Carpet,Combination,Laminate
Total Units 24
Unit Count 1
Full Baths 1
Lock Box Type None
Street Suffix Street
Total Bedrooms 2

Exterior Features

Exterior Features Covered Patio/Porch
Lot Features Level
Parking Features Open
Foundation Slab
Lot Size Area 1.7910
Number Of Parking Spaces 48
Lot Size Units Acres
Building Area Total 18468.00
Lot Size Square Feet 78015.9600
Lot Size Acres 1.7910
Patio And Porch Features Covered

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 75414

Price
AVG $2.8M
$2.8M
Taxes
AVG $19,286
$19,286
Visits
AVG 252
251
Data Provided by Inside Real Estate®
Year Built
AVG 1982
1982

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