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$2,300,000 $2,150,000
4124 Morgan Cir, North Richland Hills, TX 76180
24 Beds
11 Baths
n/a SqFt

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This is a rare opportunity to acquire 8 single family rentals in a strong, centrally located DFW metroplex neighborhood. These properties are located within a mile of each other for easy property management. All homes are currently fully leased & cash flowing. These rentals are being marketed and sold as a package. Annual Income is based on Pro forma, expenses are based on actual data. POF & EXECUTED CONTRACT NEEDED BEFORE SHOWING PROPERTIES. DO NOT DISTURB THE CURRENT TENANTS. Properties included in this assemblage are: 4124 Morgan Circle, 4121 Vance Road, 4413 Vance Road, 4518 Vance Road, 4306 Stevens Street (All NRH, 76180) and 7217 Briley Drive, 7301 Winnell Way, 6765 Tabor Street ( All FTW, 76180)
  • Price:
  • $2,150,000
  • Bedrooms:
  • 24
  • Full Baths:
  • 11
  • Acreage:
  • 0.36
  • Year Built:
  • 1955
  • Listing ID #:
  • 20148068
  • Street Address:
  • 4124 Morgan Cir
  • City:
  • North Richland Hills
  • State:
  • Texas
  • Postal Code:
  • 76180
  • County:
  • Tarrant
  • Subdivision:
  • Hillview Add
  • Listing Status:
  • Active
  • Listing Type:
  • Multi Family
School District: Birdville Isd
3
out of 5

Alliene Mullendore Elementary School
Public
School Grade Level PRESCHOOL-5
School Students 400 students
School Teachers 15 student/
teacher
4
out of 5

Richland High School
Public
School Grade Level 9-12
School Students 2060 students
School Teachers 17 student/
teacher
n/a

NORICHLAND
Public
  • Building Security:
  • Smoke Detector(s)
  • Construction Description:
  • Brick
  • Flooring:
  • Carpet, Hardwood
  • Foundation:
  • Pillar/Post/Pier, Slab
  • Number Of Units:
  • 8
  • Number Of Units:
  • 8
  • Stories:
  • One
  • Total # Of Buildings:
  • 8
  • Type Of Roof:
  • Composition
  • Year Built:
  • 1955
  • Year Built Description:
  • Preowned
  • Annual Insurance Expenses:
  • 8760
  • Capitalization Rate:
  • 6.88
  • Gross Expenses:
  • 45634.00
  • Gross Income:
  • 193655.00
  • Approximate Lot Size Range Source:
  • Public Records
  • Lot Features:
  • Few Trees, Subdivision
  • Lot Size:
  • Less Than .5 Acre (not Zero)
  • Lot Square Footage:
  • 15855.8400
  • Previous Listing Price:
  • 2300000.00
  • Terms:
  • Cash, Conventional
  • Covered Parking Spaces:
  • 1
  • Garage Capacity:
  • 1
  • Has Attached Garage:
  • 1
  • Has Garage:
  • 1
  • Parking Description:
  • Carport, Garage
  • Parking Spaces:
  • 13
  • Appliances:
  • Built-In Gas Range, Dishwasher, Gas Water Heater
  • Cooling System:
  • Central Air
  • Heating Fuel:
  • Central
  • Utilities:
  • City Sewer, City Water, Curbs, Electricity Connected
$

$

%

$

$

$


The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: Richard Farrelly 817-924-4144 with Coldwell Banker Realty
  • Our online database includes ALL Dallas-Fort Worth area properties listed with the North Texas MLS. Property data is courtesy of the North Texas Real Estate Information Systems (NTREIS) multiple listing service. NTREIS

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