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Glen Rose 76043
102 2nd Street
$47,500
● House - Off Market

102 2nd Street

Glen Rose, TX 76043
bedrooms
2 Beds
bathrooms
1 Bath
square feet
792 Ft²
$62,174
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

this is a rental property being sold As-Is.  Tenant with a good payment history with HUD subsidy.  Just inspected by HUD and certified for the next year's payment.  Lease in place for an additional year at $400 per month.
Unit Size
792 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$63
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1985

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (NTREIS #14515916)

Price History

Date / Event Date Event Price
Mar 17, 2021 Sold
Premium
Sold
Feb 9, 2021 Listed by Keller Williams Realty $50,000
Listed by Keller Williams Realty
this is a rental property being sold As-Is. Tenant with a good payment history with HUD subsidy. Just inspected by HUD and certified for the next year's payment. Lease in place for an additional year at $400 per month.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • 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: 7,492
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 792
  • Gross Building Area: 792
  • Building Area: 792
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 792
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FARR
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: ACRES: 0.172 LOT: 00007 BLK: 00023 SUBD: F0100 ABST: A136 FARR BLOCK 23 LOT 7

Neighborhood

  • School District Name: Glen Rose Independent School District
  • Census Tract: 000200

Geography

  • Parcel: R000004862
  • Block: 23
  • Lot: 7
  • Municipality: GLEN ROSE
  • Latitude: 32.2318
  • Longitude: -97.75

    Address

  • Full Address: 102 2nd St
  • Address - House Number: 102
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: TX
  • City Name: Glen Rose
  • Carrier Code: R004
  • 4-Digit Zip Code: 5247
  • Zip Code: 76043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $85,695
  • Tax Rate Code Area: CGR SGR SH

    Appraisal Valuation

  • Standard Deviation: 0.2129
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 79,809
  • High Value: 96,804
  • Low Value: 62,813

    Market Valuation

  • Market Total Value: $47,810
  • Market Land Value: $7,500
  • Market Improvement Value: $40,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,810
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $40,310

    Sales

  • Current Sale Contract Date: Mar 17, 2021
  • Current Sale Recording Date: Mar 18, 2021
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210623
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 Glen Rose

Stats & Trends

Median Asking:

$412,450

Sale Price/ft²

$201

Below Asking

0.02%

Average Days on Market

76

Average Home Size

2052 ft²

Average Home Age

28.8 years

Currently For Sale

20 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

Unit for rent at 209 Mission Street, Glen Rose, TX, 76043

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,000 ft²
209 Mission Street, Glen Rose, TX, 76043 Listing by Deedee Jones
Unit for rent at 403 N Gaither Street, Glen Rose, TX, 76043

$1,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,472 ft²
403 N Gaither Street, Glen Rose, TX, 76043 Listing by Joleen Skipworth

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Darrell Best, Keller Williams Realty
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14515916
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 102 2nd Street built and last sold?
The property at 102 2nd Street was built in 1985 and last sold on Mar 17, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 102 2nd Street is $50,500.
What are some comparable homes to 102 2nd Street?
There are currently no comparable homes to 102 2nd Street.
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