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Mabank 75147
1031 Baker
$159,900
● House - Off Market

1031 Baker

Mabank, TX 75147
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,271 Ft²
$207,641
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

Amazing 3-2-2 house for the price in Mabank.  Located at the end of the culdesac with huge back yard.  Granite Counter tops, durable vinyl wood-style flooring throughout, Stainless appliances, both bathrooms have walk-in showers.  Built in 2017 it is almost like new.  Blinds throughout. Owner is Licensed Texas Real Estate Agent.  Since this will probably be a multiple offer situation please send offers by Thursday, December 10 at 12 noon.
Unit Size
1,271 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$126
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2017

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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: 5 months ago (NTREIS #14482027)

Price History

Date / Event Date Event Price
Jan 11, 2021 Sold
Premium
Sold
Dec 5, 2020 Listed by Elite Agents $159,900
Listed by Elite Agents
Amazing 3-2-2 house for the price in Mabank. Located at the end of the culdesac with huge back yard. Granite Counter tops, durable vinyl wood-style flooring throughout, Stainless appliances, both bathrooms have walk-in showers. Built in 2017 it is almost like new. Blinds throughout. Owner is Licensed Texas Real Estate Agent. Since this will probably be a multiple offer situation please send offers by Thursday, December 10 at 12 noon.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 432
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 1,703
  • Gross Building Area: 1,727
  • Building Area: 1,271
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,271
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MABANK MEADOWS
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: MABANK MEADOWS, LOT 15

Neighborhood

  • Census Tract: 050602

Geography

  • Parcel: 193669
  • Lot: 15
  • Municipality: MABANK
  • Latitude: 32.3871
  • Longitude: -96.0765

    Address

  • Full Address: 1031 Baker Ln
  • Address - House Number: 1031
  • Address - Street Name: Baker
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Terrell
  • Zip Code: 75161

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $308,728
  • Tax Rate Code Area: CAD CM KC

    Appraisal Valuation

  • Standard Deviation: 0.2384
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 66
  • Final Value: 299,649
  • High Value: 371,107
  • Low Value: 228,191

    Market Valuation

  • Market Total Value: $168,846
  • Market Land Value: $25,000
  • Market Improvement Value: $143,846

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $215,318
  • Assessed Land Value: $52,500
  • Assessed Improvements Value: $162,818

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 11, 2021
  • Current Sale Recording Date: Jan 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021-0001359
  • Previous Sale Recording Date: Sep 26, 2018
  • Previous Sale Contract Date: Sep 25, 2018
  • Previous Sale Amount: $137,800
  • 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 Mabank

Stats & Trends

Median Asking:

$293,700

Sale Price/ft²

$181

Below Asking

0.02%

Average Days on Market

87

Average Home Size

1992 ft²

Average Home Age

18.9 years

Currently For Sale

37 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 2417 Abigail Lane, Mabank, TX, 75147

$1,575 /mo

  • 3 Beds
  • 2 Baths
  • 1,056 ft²
2417 Abigail Lane, Mabank, TX, 75147 Listing by Matthew Wood
Unit for rent at 401 N Third Street, TX, 75147

$588 /mo

  • 1 Bed
  • 1 Bath
  • 9,408 ft²
401 N Third Street, TX, 75147 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Cindy Garcia, Elite Agents
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14482027
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1031 Baker Lane built and last sold?
The property at 1031 Baker Lane was built in 2017 and last sold on Jan 11, 2021 for $159,100.
How much is this home worth?
The estimated value of the home located at 1031 Baker Lane is $164,925.
What are some comparable homes to 1031 Baker Lane?
There are currently no comparable homes to 1031 Baker Lane.
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