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Gainesville 76240
1000 Gladney Street
$245,000
● House - Off Market

1000 Gladney Street

Gainesville, TX 76240
bedrooms
4 Beds
bathrooms
0 Bath
square feet
1,507 Ft²
$1,394
Est. Monthly
12.43%
Cap Rate

About This Property

This amazing property is ready for you! COMPLETELY UPDATED!!.

Updates include new roof, electrical panel, new HVAC system, new windows, new kitchen and bathrooms as well as new flooring, paint throughout, all in a HUGE corner lot! Come and see it before it's gone!
Unit Size
1,507 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$159
Property Type
House
Property Taxes
$215
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 #20592207)

Price History

Date / Event Date Event Price
May 17, 2024 Sold
Premium
Sold
Apr 18, 2024 Listed by Dittmar Realty $240,000
Listed by Dittmar Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 5

    Dimensions

  • Lot Size Square Feet: 9,100
  • Total Building Area: 1,507
  • Gross Building Area: 2,211
  • Building Area: 1,507
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 0
  • Heated Square Feet: 1,507
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEE RE
  • Land Acres: 0000000209
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LEE RE; BLOCK 6; LOT 1

Neighborhood

  • School District Name: Gainesville Independent School District
  • School Tax School District: NCTC,RDBD,SDGV
  • School Tax District Code 2: TNGV
  • Census Tract: 000600

Geography

  • Account Number: 2455-006-00001
  • Parcel: 3995
  • Block: 6
  • Lot: 1
  • Municipality: GAINESVILLE
  • Latitude: 33.6348
  • Longitude: -97.1274

    Address

  • Full Address: 1000 Gladney St
  • Address - House Number: 1000
  • Address - Street Name: Gladney
  • Address - Suffix Type: St
  • State: TX
  • City Name: Gainesville
  • Carrier Code: C007
  • 4-Digit Zip Code: 3620
  • Zip Code: 76240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $257,666
  • Tax Rate Code Area: 71,CCOK,FM

    Appraisal Valuation

  • Standard Deviation: 0.4671
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 6
  • Final Value: 132,298
  • High Value: 194,103
  • Low Value: 70,492

    Market Valuation

  • Market Total Value: $131,335
  • Market Land Value: $33,670
  • Market Improvement Value: $97,665

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $131,335
  • Assessed Land Value: $33,670
  • Assessed Improvements Value: $97,665

    Sales

  • Current Sale Contract Date: Dec 11, 2023
  • Current Sale Recording Date: Dec 12, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8137
  • Previous Sale Recording Date: Jul 30, 2007
  • Previous Sale Contract Date: Jul 27, 2007
  • Previous Sale Amount: $3,100
  • Previous Sale Document Type: 70
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 Gainesville

Stats & Trends

Median Asking:

$255,000

Sale Price/ft²

$155

Below Asking

0.04%

Average Days on Market

93

Average Home Size

1830 ft²

Average Home Age

45.9 years

Currently For Sale

76 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

Rentals Near You

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NTREIS

Listed by: Monica Garcia, Dittmar Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20592207
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1000 Gladney Street built and last sold?
The property at 1000 Gladney Street was built in 1930 and last sold on Dec 11, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 1000 Gladney Street is $242,115.
What are some comparable homes to 1000 Gladney Street?
There are currently no comparable homes to 1000 Gladney Street.
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