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Southmayd 76268
106 McElroy Street
$275,500
● House - Off Market

106 McElroy Street

Southmayd, TX 76273
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,938 Ft²
$360,648
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Get comfy in this BRAND NEW farmhouse style home.This home offers spacious interiors, boasts vaulted ceilings and provides an open concept floor plan with granite countertops throughout. Kitchen includes a stylish backsplash, farmhouse sink, shaker style cabinets and SS appliances. Exterior features include privacy fence, sprinkler system and a soft and blended landscape design. Take in the nature during any weather while relaxing on your covered patio while enjoying the plentiful backyard space.Yet close to city life, this home keeps you connected while getting away from it all. Schedule an appointment today to see what this home is all about.
Unit Size
1,938 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$142
Property Type
House
Property Taxes
$23
HOA Dues
-
Year Built
2020

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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 #14446790)

Price History

Date / Event Date Event Price
Dec 15, 2020 Sold
Premium
Sold
Oct 6, 2020 Listed by Keller Williams North Country $274,500
Listed by Keller Williams North Country

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 488
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,880
  • Lot Size Depth Feet: 1,980
  • Lot Size Frontage Feet: 1,460
  • Total Building Area: 2,436
  • Gross Building Area: 2,436
  • Building Area: 1,948
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,948
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAEYER ADDN
  • Land Acres: 0000000663
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Mobile Home Indicator: T
  • Legal Description 1: MAEYER ADDN, BLOCK 4, LOT PT 6 & 7, ACRES .663

Neighborhood

  • School District Name: S and S Consolidated Independent School District
  • Census Tract: 001101

Geography

  • Assessors Map Reference: 13-R
  • Parcel: 171695
  • Block: 4
  • Lot: 6,7
  • Municipality: SOUTHMAYD
  • Latitude: 33.627
  • Longitude: -96.7708

    Address

  • Full Address: 106 Mcelroy St
  • Address - House Number: 106
  • Address - Street Name: Mcelroy
  • Address - Suffix Type: St
  • State: TX
  • City Name: Southmayd
  • Zip Code: 76268

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $734,760
  • Tax Rate Code Area: SSS

    Appraisal Valuation

  • Standard Deviation: 0.2463
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 457,204
  • High Value: 569,849
  • Low Value: 344,559

    Market Valuation

  • Market Total Value: $359,527
  • Market Land Value: $44,322
  • Market Improvement Value: $315,205

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $293,072

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 15, 2020
  • Current Sale Recording Date: Dec 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020-00035095
  • Previous Sale Recording Date: Mar 02, 2004
  • Previous Sale Contract Date: Feb 27, 2004
  • Previous Sale Document Type: 71
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 Southmayd

Stats & Trends

Median Asking:

$234,999

Sale Price/ft²

$153

Below Asking

0.05%

Average Days on Market

77

Average Home Size

1571 ft²

Average Home Age

34 years

Currently For Sale

4 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: Erica Tinajero, Keller Williams North Country
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14446790
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 106 McElroy Street built and last sold?
The property at 106 McElroy Street was built in 2020 and last sold on Dec 15, 2020 for $274,200.
How much is this home worth?
The estimated value of the home located at 106 McElroy Street is $0.
What are some comparable homes to 106 McElroy Street?
There are currently no comparable homes to 106 McElroy Street.
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