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Rule 79547
1000 5th Street
$34,000
● House - Off Market

1000 5th Street

Rule, TX 79547
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,288 Ft²
$48,215
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Large property including 3 bedrooms, 2 bathrooms, 2 dining areas, living, kitchen, and utility room with washer and dryer hookups. Fenced backyard with lots of grass. Bring your tools and ideas to make this place HOME. HUD homes are Sold As Is. Managed by Chronos Solutions. To submit offers visit HUD Home Store. Case #492-785463.
Unit Size
2,288 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$15
Property Type
House
Property Taxes
$71
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #14328540)

Price History

Date / Event Date Event Price
Aug 31, 2020 Sold
Premium
Sold
Apr 23, 2020 Listed by City Real Estate $35,200
Listed by City Real Estate

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,985
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 2,819
  • Gross Building Area: 2,819
  • Building Area: 2,819
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,167
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORIGINAL TOWN RULE
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: ORIGINAL TOWN RULE BLK 37 LOT N 100 FT OF 7-12

Neighborhood

  • School District Name: Rule Independent School District
  • School Tax School District: FML HHA HKW
  • Census Tract: 950400

Geography

  • Account Number: 0011-05013-00037-000700
  • Parcel: 4749
  • Block: 37
  • Lot: N
  • Municipality: RULE
  • Latitude: 33.1844
  • Longitude: -99.8887

    Address

  • Full Address: 1000 5th St
  • Address - House Number: 1000
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: TX
  • City Name: Rule
  • Carrier Code: R022
  • 4-Digit Zip Code: 2108
  • Zip Code: 79547

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $70,912
  • Tax Rate Code Area: GHA CRU SR

    Appraisal Valuation

  • Standard Deviation: 0.4587
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 8
  • Final Value: 77,105
  • High Value: 112,475
  • Low Value: 41,734

    Market Valuation

  • Market Total Value: $52,040
  • Market Land Value: $2,250
  • Market Improvement Value: $49,790

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,040
  • Assessed Land Value: $2,250
  • Assessed Improvements Value: $49,790

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Aug 06, 2007
  • Current Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rule

Stats & Trends

Median Asking:

$98,500

Sale Price/ft²

$128

Below Asking

0.04%

Average Days on Market

125

Average Home Size

1198 ft²

Average Home Age

73.8 years

Currently For Sale

4 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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NTREIS

Listed by: Jenna Searcey, City Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14328540
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1000 5th Street built and last sold?
The property at 1000 5th Street was built in 1930 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1000 5th Street is $0.
What are some comparable homes to 1000 5th Street?
There are currently no comparable homes to 1000 5th Street.
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