Address
424 Alford Drive New Boston, TX
Price
$ 1,350,000
Property Attributes
  • MLS#14447776
  • TypeMulti-Family
  • CountyBOWIE
  • CityNew Boston
  • AreaNO SUB-AREA
  • NeighborhoodAlford Terrace 2nd Add
  • Zip75570
  • StyleMUL-Apartment/5Plex+
  • Year Built1982
  • Taxes7939
  • Price$ 1,350,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage11336
  • Lot Size0.58 Acres
Listing Provided Courtesy Of:
Emmanuel Ikharebha with Coldwell Banker Realty
Property Description

THIS PROPERTY IS A PORTFOLIO SALE WITH MLS #14447780 A diamond in the rough investment property in heart of New Boston. Pepper Tree apartments is a Value add investment opportunity that has consistently maintain over 95% occupancy and is minutes away from interstate 30 and major shopping. This 24 units two story complex consisting of two building was built in 1982. The property feature a all 24 two bedrooms recently renovated and each individually metered for electric with surface parking. Rental increases have not been made to keep up with the market rent and the property is currently self managed.

Elementary School Middle School High School
Crestview Elementary School New Boston Middle School New Boston High School
Price History
10/7/2020 Listed $1,200,000

General Features

# of Buildings 2
Block 491
Complex Name Pepper Tree Apartmen
Construction Materials Siding, Stucco, Wood
HOA Type None
Heating Central Air-Elec, Central Heat-Elec
Interior Features Cable TV Available
Listing Area EAST OF SERVICE AREA (800)
Other Equipment Dishwasher, Disposal, Range/Oven-Electric, Refrigerator
Property Type Multi-Family
Remarks THIS PROPERTY IS A PORTFOLIO SALE WITH MLS #14447780 A diamond in the rough investment property in heart of New Boston. Pepper Tree apartments is a Value add investment opportunity that has consistent
School District New Boston ISD
School Name Crestview
School Name New Boston
Stories 2
Sub Area NO SUB-AREA (1)
Subdivision Alford Terrace 2nd Add
Type MUL-Apartment/5Plex+
Utilities City Sewer, City Water, Concrete
Virtual Tour Url Unbranded https://www.propertypanorama.com/instaview/ntreis/14447776
Year Built 1982
Year Built Details Preowned

Interior Features

# of Units 24
Sqft Building 11336
Total Bedrooms 2
Unit Count 1

Exterior Features

Foundation Slab
Lot Size Area 0.580
Lot Size Area 0.580
Lot Size Area (acres) 0.580
Lot Size Area (sq Ft) 25264
Lot Size Units Acres
Number Of Parking Spaces 30
Parking Features Common Lot, Unassigned Spaces

Amenities

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

Property vs Zip Code Average in 75570

Price
AVG $1.35M
$1.35M
Taxes
AVG $7,939
$7,939
Visits
AVG 9
9
Year Built
AVG 1982
1982

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