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Forest Hill, TX 76140 1901-1903 Magnolia Lane

1901-1903 Magnolia Lane Forest Hill, TX - Image 11901-1903 Magnolia Lane Forest Hill, TX - Image 21901-1903 Magnolia Lane Forest Hill, TX - Image 3
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Presented By: Levi Mills with Prime Properties Realty; 817-727-4215
  • MLS# 20643461
  • 06/12/2024
  • Request Tour
  • Request Info
  • Beds • 9
  • Full/Half Baths • 6 / 3
  • Garage • 1

Home Details

NEW, fully occupied triplex with long term leases in place! Seller willing to purchase a forward commitment for investors who use and qualify through preferred lender, Momentum Loans, for a LONG-TERM INTEREST RATE OF 5.75%! The Woods at Forest Hill is a master planned town home community comprised of 76 total doors, divided into duplexes, triplexes, and fourplexes. The project consists of limited HOA common area, with $30 dues per monthy per unit, with each owner responsible for their building insurance and maintenance. The units are all 3 bed, 2.5 bath with 1 car garage and 1298 square feet of living space. They feature granite countertops, stainless appliances, LVP flooring and tall ceilings. Units are desirable for tenants with low maintenance exteriors. Very handy location for those working in Fort Worth, Arlington and the 287 corridor. Sold with property management in place. Seller has other triplex and quadplex buildings available at The Woods. Contact listing agent for info.
Presented By: Levi Mills with Prime Properties Realty; 817-727-4215

Interior Features for 1901-1903 Magnolia Lane

Bedrooms

Total Bedrooms9

Bathrooms

Full Baths6
Half Baths3
Total Baths9

Other Interior Features

Unit Count1
Fireplaces Total0
Lock Box TypeCombo
Window FeaturesWindow Coverings
FlooringLuxury Vinyl Plank
Interior FeaturesEat-in Kitchen, Granite Counters, Kitchen Island
Total Units3

General for 1901-1903 Magnolia Lane

# of Buildings1
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
Assoc Fees90
Association Fee FrequencyMonthly
Buyer Agent Compensation2.5
Buyer Agent Compensation Type%
Capitalization Rate5.83
Carport Spaces
CityForest Hill
Complex NameThe Woods at Forest Hill
Construction MaterialsBoard & Batten Siding, Brick
CoolingCentral Air, Electric
CountyTarrant
DirectionsFrom 820 take the Anglin Drive exit south. Magnolia Street is on the right in 4 blocks.
Elementary SchoolSellers
Elementary School NameSellers
Gross Annual Expenses24512.00
HOA Fee IncludesMaintenance Grounds, Trash
HOA TypeMandatory
HeatingCentral, Electric
High SchoolWyatt Od
Insurance Expense3948
LevelsTwo
Number of Garage Spaces1
Pool Y/NNo
PossessionClosing/Funding
Property SubTypeTriplex
Property TypeResidential Income
RoofComposition
School DistrictFort Worth ISD
Security FeaturesFire Sprinkler System, Smoke Detector(s)
Standard StatusActive Under Contract
StatusActive Option Contract
Subdivision NameThe Woods
Unexempt Taxes6119
UtilitiesAsphalt, City Sewer, City Water, Underground Utilities
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2023
Year Built DetailsNew Construction - Complete

Exterior for 1901-1903 Magnolia Lane

Attached Garage Y/NYes
Building Area Total3894.00
Covered Spaces1
FencingBack Yard, Wood
Foundation Slab
Garage Y/NYes
Lot Size Acres0.1910
Lot Size Area0.1910
Lot Size Square Feet8319.9600
Lot Size UnitsAcres
Number Of Parking Spaces2
Parking FeaturesGarage, Garage Door Opener, Garage Faces Front
Patio And Porch FeaturesRear Porch

Additional Details

Price History

Schools

Elementary School Sellers Elementary School
High School N/A
Middle School N/A

Arielle Jackson

Realtor
Price $711,000
MLS#20643461
List Date 06/12/2024
Property Type Contingent
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