3 months on rocket

1601 Mary K Ln, White Settlement, TX, 76108

$650,000

Home List Price

$7,719*

Closing Credit

8 Bedrooms
8 Full Baths
Multi

Location

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1601 Mary K Ln, White Settlement$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingParking Lot
Year Built1985
HeatingElectric
CoolingElectric
MLS #20703199
Lot Size0.25 Acres
StatusActive

About 1601 Mary K Ln

**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.

Property Details

Property Features

Property Information:

  • Year Built: 1985

Listing Office:

  • Office Name: Green Light Property Mngmnt
  • Office Phone: (817) 200-7982
  • Listing Agent: Anderson Schulle

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Flooring Type: Carpet, Luxury Vinyl, Luxury VinylPlank, Tile
  • Interior: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 8
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: Parking Lot

Virtual/3D Tour

  • Virtual Tour: 1601 Mary K Ln
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Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

Other

Directions Information:

  • Directions: 1601 Mary K Ln, White Settlement

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000

Tax Information:

  • Annual Amount: $6,822
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in White Settlement, TX.

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White Settlement, TX

City

Med. List Price

$245K

Med. Price/SqFt

$182

Avg. Days On Market

65

# of Sold Homes

18

1601 Mary K Ln vs White Settlement

100 DAYS ON ROCKET

+35 Days

$650,000

+$405K More

KEY TAKEAWAY

This property is $405K more than the Median List Price in White Settlement, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20703199

Listing Office:

  • Office Name: Green Light Property Mngmnt
  • Office Phone: (817) 200-7982
  • Listing Agent: Anderson Schulle

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/23/2024, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,822$247,999
2019$6,760$248,000
2017$5,655$194,303

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-813219
8
/10

  • Fine Arts Academy

  • 8301 Downe Dr

  • 0.46 miles

  • Public District Grades KG-6

school-card-donut-813220
2
/10

  • Western Hills Elementary School

  • 2805 Laredo Dr

  • 0.67 miles

  • Public District Grades 2-5

school-card-donut-813221
5
/10

  • Liberty Elementary School

  • 7976 Whitney Dr

  • 0.75 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,398. Typical income of White Settlement, TX residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Tarrant County›White Settlement›76108›1601 Mary K Ln

This home is located at 1601 Mary K Ln in White Settlement, TX and zip code 76108 in the Western Hills Park neighborhood. This home, which was built in 1985, sits on a 0.25 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $650,000.

The inventory of homes for sale in White Settlement, TX between September 2024 and October 2024 increased by 27%. In October 2024 median list price was $245,000 and the average listing age was 65 days.

From Rocket Homes Real Estate and based on county public records data.

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