$249,000
●
House -
Off Market
108 N Kickapoo Street
Lipan, TX 76462
4 Beds
1 Bath
2,122 Ft²
$302,802
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
This house will inspire you to paint the town red...or any color
your prefer. Why go for a boring, plain house when you could have
an Eye-Catching home in all the colors of the rainbow? This
little piece of heaven can be a canvas for any visionary.
Step out and take in the sights on the back porch, find your
great escape in the vast shop, and find peace in the spacious storm
cellar. Enjoy this large in-town lot, just shy of .75 acre,
while having all your conveniences within walking distance.
Take a break, take a breath and take a look at this small
town sanctuary. Offers a 32x40 enclosed shop with a 18x40
attached shed for parking vehicles or equipment. Also
includes an RV shed with 30amp service.
Unit Size
2,122 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$117
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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: 6 months ago (NTREIS #14483611)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 14, 2023 | Sold | ||
| Sold | |||
| May 15, 2023 | Listed by Susy Saldivar Real Estate | $240,000 | |
| Listed by Susy Saldivar Real Estate | |||
| | |||
|
1950 Craftsman-Farmhouse style home with wood siding, a tin roof, a large 41x22 covered back patio, The lot size is .839 of an acre, there is a a storm shelter in the backyard, a 36x40 metal enclosed workshop-warehouse with a slab foundation and it's own electric meter & an attached 18x40 covered shed for parking vehicles or equipment. There's an 11x30 RV carport with 30amp service and an outhouse behind it. Home features wood floors, 2 living rooms, eat-in kitchen, granite counter tops, 2 bedrooms & 1 bathroom downstairs, 2 bedrooms & an office upstairs. This property is owned by the Secretary of Veterans Affairs and is being sold AS IS. Square footage and all measurements are approximate.
| |||
| Apr 16, 2021 | Sold | ||
| Sold | |||
| Dec 9, 2020 | Listed by CLARK REAL ESTATE GROUP | $249,000 | |
| Listed by CLARK REAL ESTATE GROUP | |||
| | |||
|
This house will inspire you to paint the town red...or any color your prefer. Why go for a boring, plain house when you could have an Eye-Catching home in all the colors of the rainbow? This little piece of heaven can be a canvas for any visionary. Step out and take in the sights on the back porch, find your great escape in the vast shop, and find peace in the spacious storm cellar. Enjoy this large in-town lot, just shy of .75 acre, while having all your conveniences within walking distance. Take a break, take a breath and take a look at this small town sanctuary. Offers a 32x40 enclosed shop with a 18x40 attached shed for parking vehicles or equipment. Also includes an RV shed with 30amp service.
| |||
Property Highlights
Parking Available
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Lipan
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Listed by: Brad Harrison, CLARK REAL ESTATE GROUP
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14483611
Details provided by NTREIS and may not match the public record
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14483611
Details provided by NTREIS and may not match the public record
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