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Hewitt 76643 Hewitt
1040 South Haven Drive
$290,000
● House - Off Market

1040 South Haven Drive

Hewitt, TX 76643
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,725 Ft²
$299,082
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

BEAUTIFUL HOME IN MIDWAY ISD. THIS HOME FEATURES AN OPEN FLOORPLAN THAT IS GREAT FOR ENTERTAINING AND THOSE FAMILY GATHERINGS. LARGER SIZE BEDROOMS. EXTERIOR DETACHED BUILDING WITH ELECTRICITY AND BONUS ROOM THAT MAKES A GREAT OFFICE OR CLASSROOM.
Unit Size
1,725 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$174
Property Type
House
Property Taxes
$464
HOA Dues
-
Year Built
2002

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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: 2 years ago (NTREIS #215769)

Price History

Date / Event Date Event Price
Jul 14, 2023 Sold
Premium
Sold
May 28, 2023 Listed by Kelly, Realtors $299,900
Listed by Kelly, Realtors

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,400
  • Total Building Area: 2,187
  • Gross Building Area: 2,187
  • Building Area: 1,725
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,725
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTH RIDGE
  • Land Acres: 0000000239
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: SOUTH RIDGE LOT 11 BLOCK 1 ACRES .2388

Neighborhood

  • School District Name: Midway Independent School District
  • Census Tract: 003710

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: PG 85F
  • Parcel: 36-335201-000111-7
  • Block: 1
  • Lot: 11
  • Municipality: CITY OF HEWITT
  • Latitude: 31.4363
  • Longitude: -97.2023

    Address

  • Full Address: 1040 S Haven
  • Address - House Number: 1040
  • Street Direction: S
  • Address - Street Name: Haven
  • State: TX
  • City Name: Hewitt
  • Carrier Code: R004
  • 4-Digit Zip Code: 3962
  • Zip Code: 76643

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $501,016
  • Tax Rate Code Area: 86

    Appraisal Valuation

  • Standard Deviation: 0.2466
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 65
  • Final Value: 327,448
  • High Value: 408,227
  • Low Value: 246,670

    Market Valuation

  • Market Total Value: $255,610
  • Market Land Value: $37,340
  • Market Improvement Value: $218,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $252,791

    Sales

  • Current Sale Contract Date: Jul 14, 2023
  • Current Sale Recording Date: Jul 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 21859
  • Previous Sale Recording Date: May 14, 2019
  • Previous Sale Contract Date: May 14, 2019
  • Previous Sale Amount: $200,000
  • 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 Hewitt

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$181

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2015 ft²

Average Home Age

22 years

Currently For Sale

56 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 129 Texas Avenue, Hewitt, TX, 76643

$2,000 /mo

  • 4 Beds
  • 2 Baths
  • 2,148 ft²
129 Texas Avenue, Hewitt, TX, 76643 Listing by NaToya Alexander
Unit for rent at 3105 Beutel Road, Waco, TX, 76655

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,614 ft²
3105 Beutel Road, Waco, TX, 76655 Listing by Ashton Gustafson

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Melissa Youmans, Kelly, Realtors
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 215769
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1040 South Haven Drive built and last sold?
The property at 1040 South Haven Drive was built in 2002 and last sold on Jul 14, 2023 for $366,415.
How much is this home worth?
The estimated value of the home located at 1040 South Haven Drive is $0.
What are some comparable homes to 1040 South Haven Drive?
There are currently no comparable homes to 1040 South Haven Drive.
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