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Ferris 75125
101 Highland Drive
$170,000
● House - Off Market

101 Highland Drive

Ferris, TX 75125
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,872 Ft²
$243,124
RealtyHop Estimate
44.72%
Since Aug 1, 2020
TX-Dallas
Primary Model

About This Property

Adorable gingerbread style home convenient to shopping and the highway. This cute 3 bedroom home is perfect for a growing family or empty nesters! This home boasts a large kitchen perfect for entertaining, it is situated in the center of the home easily accessible to both living rooms and the dining room. This home sits on a corner lot and down a quiet street giving privacy. This home has been well maintained and is ready for a new family to begin building memories!
Unit Size
1,872 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$90
Property Type
House
Property Taxes
$292
HOA Dues
-
Year Built
1957

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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 #14365083)

Price History

Date / Event Date Event Price
Jul 24, 2020 Sold
Premium
Sold
Jun 13, 2020 Listed by Citiwide Properties Corp. $168,000
Listed by Citiwide Properties Corp.

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1970
  • Building Count: 1
  • 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: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,013
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,400
  • Gross Building Area: 2,464
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRESTVIEW
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 16 BLK 2 CRESTVIEW .161 AC

Neighborhood

  • School District Name: Ferris Independent School District
  • Census Tract: 060104

Geography

  • Assessors Map Reference: 986-F
  • Parcel: 162994
  • Block: 2
  • Lot: 16
  • Municipality: FERRIS
  • Latitude: 32.5348
  • Longitude: -96.6565

    Address

  • Full Address: 101 Highland Dr
  • Address - House Number: 101
  • Address - Street Name: Highland
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Ferris
  • Carrier Code: C001
  • 4-Digit Zip Code: 2801
  • Zip Code: 75125

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $463,198
  • Tax Rate Code Area: 506

    Appraisal Valuation

  • Standard Deviation: 0.3744
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 25
  • Final Value: 112,057
  • High Value: 154,012
  • Low Value: 70,101

    Market Valuation

  • Market Total Value: $249,191
  • Market Land Value: $33,000
  • Market Improvement Value: $216,191

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,191
  • Assessed Land Value: $33,000
  • Assessed Improvements Value: $216,191

    Sales

  • Current Sale Contract Date: Jul 24, 2020
  • Current Sale Recording Date: Jul 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2025539
  • Previous Sale Recording Date: Nov 30, 2016
  • Previous Sale Contract Date: Nov 29, 2016
  • Previous Sale Amount: $124,400
  • 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 Ferris

Stats & Trends

Median Asking:

$300,945

Sale Price/ft²

$169

Below Asking

0.03%

Average Days on Market

77

Average Home Size

1686 ft²

Average Home Age

13.6 years

Currently For Sale

30 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: Carrie Brown, Citiwide Properties Corp.
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14365083
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 101 Highland Drive built and last sold?
The property at 101 Highland Drive was built in 1957 and last sold on Jul 24, 2020 for $169,200.
How much is this home worth?
The estimated value of the home located at 101 Highland Drive is $177,876.
What are some comparable homes to 101 Highland Drive?
There are currently no comparable homes to 101 Highland Drive.
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