Terrell, TX 75160 409 E College Street

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Presented By: Matthew Malone with Malone and Associates RE; 972-564-8800
  • MLS# 20852104
  • 02/24/2025
  • Request Tour
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  • Beds • 4
  • Full/Half Baths • 2 / 2

Home Details

Two story duplex. Each unit has 2 bedrooms upstairs, one full restroom upstairs, one half bath downstairs. Large living, nice kitchen. Covered back patio with fenced yard. Open parking. Owner pays water. Owner finance is preferred. Owner will finance to qualified buyer. The preferred downpayment is 20%. The expected interest rate is between 7-10%. The note will be amortized over a 30 year term but a balloon payment will be due in 60 months. Current rent is $1,300 per side. Unit A has a new 12 month lease. Unit B is month to month but has been in the unit for many years.
Presented By: Matthew Malone with Malone and Associates RE; 972-564-8800

Interior Features for 409 E College Street

Bedrooms

Total Bedrooms4

Bathrooms

Half Baths2
Total Baths4

Other Interior Features

Unit Count1
Fireplaces Total0
Lock Box TypeCombo
FlooringCarpet, Luxury Vinyl Plank
Interior FeaturesCable TV Available, High Speed Internet Available
Total Units2

General for 409 E College Street

# of Buildings1
AppliancesElectric Oven, Electric Range
Capitalization Rate5.88
Carport Spaces
CityTerrell
Complex NameNone
Construction MaterialsWood
CoolingCentral Air, Electric
CountyKaufman
DirectionsProperty can be found on all map apps.
Elementary SchoolLong
Elementary School NameLong
Full Baths2
Gross Annual Expenses8800.00
HOA TypeNone
HeatingCentral, Electric
High SchoolTerrell
Insurance Expense2400
LevelsTwo
Listing TermsCash, Owner Will Carry
Number of Garage Spaces0
Occupant TypeTenant
Operating Expense IncludesInsurance, New Tax, Water/Sewer
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeDuplex
Property TypeResidential Income
RoofAsphalt
School DistrictTerrell ISD
Standard StatusActive
StatusActive
Subdivision NameTerrell Original
TenancyNo Smoking, Over 9 Months, Written Application Only
Unexempt Taxes5171
UtilitiesCable Available, City Sewer, City Water, Curbs, Overhead Utilities
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1984
Year Built DetailsPreowned

Exterior for 409 E College Street

Attached Garage Y/NNo
Building Area Total2040.00
Covered Spaces
Exterior FeaturesCovered Patio/Porch, Storage
FencingChain Link, Cross Fenced
Foundation Slab
Garage Y/NNo
Lot Size Acres0.1510
Lot Size Area0.1510
Lot Size Square Feet6577.5600
Lot Size UnitsAcres
Number Of Parking Spaces4
Parking FeaturesConcrete, Driveway

Additional Details

Price History

Schools

Elementary School Long Elementary School
Middle School N/A
High School N/A

Cassie Huerta

Price $339,900
MLS#20852104
List Date 02/24/2025
Property Type Multi-Family
Phone 903.360.3264
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