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
  • Request Info
  • Beds • 4
  • Full/Half Baths • 2 / 2
  • SQFT • 2,040

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

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringCarpet, LuxuryVinyl, LuxuryVinylPlank
Heating Y/NYes
Interior AmenitiesHighSpeedInternet, CableTv
Total Fireplaces

General for 409 E College Street

Additional Parcels Y/NNo
AppliancesElectricOven, ElectricRange
Attached Garage No
AttributionContact972-564-8800
Cap Rate5.88
Carport Spaces0.0
Carport Y/NNo
CityTerrell
Community FeaturesCurbs
Construction MaterialsWoodSiding
CoolingCentralAir, Electric
CountyKaufman
DirectionsProperty can be found on all map apps.
Electric On Property Y/NNo
Elementary SchoolLong
Elementary School DistrictTerrell ISD
Full Baths2
Garage Spaces0.0
Garage Y/NNo
Gross Income31200.0
HOANo
HeatingCentral, Electric
High SchoolTerrell
High School DistrictTerrell ISD
Home Warranty Y/NNo
Insurance Expense2400.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionTERRELL ORIGINAL, BLOCK 54, LOT 4A; & DUPLEX
LevelsTwo
Lot Size Square Feet6577.56
Lot Size UnitsAcres
Middle/Junior High SchoolFurlough
Middle/Junior School DistrictTerrell ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-02-24T22:10:41.420-00:00
Net Operating Income20000.0
New ConstructionNo
Number Of Units Total2
Occupancy TypeTenant
Patio/Porch FeaturesCovered
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofAsphalt
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameTerrell Original
Tax Annual Amount5171.0
Tax Lot4A
UtilitiesOverheadUtilities, SewerAvailable, WaterAvailable, CableAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1984
Year Built DetailsPreowned

Exterior for 409 E College Street

Building Area Total2040.0
Covered Spaces0.0
Crops Included Y/NNo
Exterior AmenitiesStorage
FencingChainLink, CrossFenced
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.151
Lot Size Area0.151
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesConcrete, Driveway
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

Schools

Middle School Furlough Middle School
Elementary School Long Elementary School
High School Terrell High School

Mec Cheney

Realtor
Price $339,900
MLS#20852104
List Date 02/24/2025
Property Type Multi-Family
Phone 903.570.7479
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