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$460,000

NAL Estimated Property Value

3816 Coates Cir, Benbrook, TX, 76116

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths4,760 Sq Ft
QuadruplexQuadruplex
price_per_sqft$96.64 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesOther

Building Information

Year Built1984
Stories2

Land Information

APN7555C-C-1
Lot Number1
SubdivisionCoates Circle Condominiums
Land UseResidential
Legal DescriptionCOATES CIRCLE CONDOMINIUMS BLOCK C LOT 1 & .08334 OF COMMON AREA
Census Tract102302
Assessed Land Value$10,000
Assessed Improvement Value$111,732
Assessment Year2025

About this property

MULTIPLE OFFERS HAVE BEEN RECEIVED AND WERE SENT TO THE SELLER FOR REVIEW MON April 3rd. 4 units, each featuring 2 bedrooms, 1 full bathroom, and 1 half bathroom, this property is ideal for tenants seeking comfortable and affordable living. The interior of the occupied units has been remodeled, providing modern finishes and move-in ready condition. The average rent for the occupied units is $1076 per month, providing stable cash flow for the savvy investor. While the interior of the property is in great condition, the exterior of the building requires some work to maximize its potential. However, this presents an excellent opportunity for investors to add value, increase rents, and improve the overall curb appeal of the property. With only 3 of the 4 units currently leased, there is also an opportunity to fill the vacant unit and further increase the monthly rental income. Don't miss out on this fantastic investment opportunity!

Investor Tools

Property Icon
$460,000
Estimated Property Value
$436,599Estimated Mortgage Balance
$23,401Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,760 /month
Positive
Cash Flow Estimate:
$920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$405/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,556
$121,732
2025
$10,000
$111,732
$121,732
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,556
$121,732

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rflf 4 Llc
Commercial
$441,750
No
First
Sep 27, 2025
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$436,599
$23,401
5%
95%
$2,649/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$2,649/mo
$-1,193/mo
3.8%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Benbrook

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3816 Coates Cir | Property Details | No Agent List