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Athens 75751
1116 Oval Drive
$274,000
● House - Off Market

1116 Oval Drive

Athens, TX 75751
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,335 Ft²
$315,787
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Spacious house in the well established Cedar Bend neighborhood! This approx. 2,335 sqft, 3 bed, 2.5 bath home has a split bedroom floorplan that features walk in closets, vinyl flooring throughout, two living areas that are great for entertaining, galley kitchen with plenty of counter space, a gazebo, and more. The garage features additional storage and work bench. Schedule your showing today!
Unit Size
2,335 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$128
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1984

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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 #14685300)

Price History

Date / Event Date Event Price
Feb 7, 2022 Sold
Premium
Sold
Oct 6, 2021 Listed by Steve Grant Real Estate, LLC $299,900
Listed by Steve Grant Real Estate, LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 10
  • Full Bathrooms: 10
  • Partial Bathrooms: 10
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,128
  • Lot Size Depth Feet: 1,390
  • Lot Size Frontage Feet: 1,110
  • Total Building Area: 2,335
  • Gross Building Area: 2,335
  • Building Area: 2,335
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,335
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDAR BEND SEC I (49)
  • Land Acres: 0000000347
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LT 7 AB 782 T PARMER SUR, CEDAR BEND ESTS UNIT #1, BLK 2 LT 7

Neighborhood

  • School District Name: Athens Independent School District
  • School Tax School District: TV
  • School Tax District Code 2: ATHENS ISD
  • Census Tract: 951300

Geography

  • Assessors Map Reference: 39X
  • Account Number: R000032612
  • Parcel: 2321-0002-0070-01
  • Block: 2
  • Lot: 7
  • Municipality: CITY OF ATHENS
  • Latitude: 32.1824
  • Longitude: -95.8481

    Address

  • Full Address: 1116 Oval Dr
  • Address - House Number: 1116
  • Address - Street Name: Oval
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Athens
  • Carrier Code: C007
  • 4-Digit Zip Code: 3635
  • Zip Code: 75751

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $685,763
  • Tax Rate Code Area: AC,AT,AW,H

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 75
  • Final Value: 290,789
  • High Value: 345,052
  • Low Value: 236,525

    Market Valuation

  • Market Total Value: $369,025
  • Market Land Value: $11,000
  • Market Improvement Value: $358,025

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $369,025
  • Assessed Land Value: $11,000
  • Assessed Improvements Value: $358,025

    Sales

  • Current Sale Contract Date: Jan 28, 2022
  • Current Sale Recording Date: Feb 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2065
  • Previous Sale Recording Date: Mar 14, 2016
  • Previous Sale Contract Date: Mar 08, 2016
  • Previous Sale Amount: $62,500
  • Previous Sale Document Type: 21
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 Athens

Stats & Trends

Median Asking:

$276,750

Sale Price/ft²

$153

Below Asking

0.03%

Average Days on Market

96

Average Home Size

2156 ft²

Average Home Age

-

Currently For Sale

57 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 722 1/2 S Prarieville, Athens, TX, 75751

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,043 ft²
722 1/2 S Prarieville, Athens, TX, 75751 Listing by Caden Earley

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Nick Grant, Steve Grant Real Estate, LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14685300
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1116 Oval Drive built and last sold?
The property at 1116 Oval Drive was built in 1984 and last sold on Jan 28, 2022 for $278,186.
How much is this home worth?
The estimated value of the home located at 1116 Oval Drive is $0.
What are some comparable homes to 1116 Oval Drive?
There are currently no comparable homes to 1116 Oval Drive.
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