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Taylor 79602
1131 Key Lane
$332,900
● House - Off Market

1131 Key Lane

Abilene, TX 79602
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,588 Ft²
$353,046
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

3 Bed, 2 Bath home just south of Abilene city limits, sitting on 5 acres. Wylie east school district. Private entry with circle driveway and large covered carport. Home's front foyer with authentic Saltillo flooring leads to living room with wood burning stove. Split bedroom floor-plan. Good sized master bedroom with en-suite bath, dual closet, separate garden tub and walk-in shower. Full size utility room. 800 Sqft. additional unit, previously utilized as efficiency apartment. Currently used for storage or shop. Horse stalls and pens. Lots of potential uses. Private and convenient location.
Unit Size
1,588 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$219
Property Type
House
Property Taxes
$121
HOA Dues
-
Year Built
1987

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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: 3 years ago (NTREIS #20277676)

Price History

Date / Event Date Event Price
Apr 27, 2023 Sold
Premium
Sold
Mar 11, 2023 Listed by Traditions Real Estate Group $347,000
Listed by Traditions Real Estate Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • 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: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 1,588
  • Gross Building Area: 1,588
  • Building Area: 1,588
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,588
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: L A L NE/4
  • Land Acres: 0000005000
  • Standard Land Use Code: 1008
  • County Land Use Code: E1
  • State Land Use Code: E1
  • Legal Description 1: A1119 SUR 46 L A L NE/4, ACRES 5.0

Neighborhood

  • School District Name: Wylie Independent School District
  • Census Tract: 013502

Geography

  • Parcel: 27839
  • Municipality: ABILENE
  • Latitude: 32.3133
  • Longitude: -99.6974

    Address

  • Full Address: 1131 Key Ln
  • Address - House Number: 1131
  • Address - Street Name: Key
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Abilene
  • Carrier Code: R005
  • 4-Digit Zip Code: 7609
  • Zip Code: 79602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $283,730
  • Tax Rate Code Area: SWY

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 325,188
  • High Value: 389,031
  • Low Value: 261,345

    Market Valuation

  • Market Total Value: $238,214
  • Market Land Value: $50,500
  • Market Improvement Value: $187,714

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $198,454
  • Assessed Land Value: $10,740
  • Assessed Improvements Value: $187,714

    Sales

  • Current Sale Contract Date: Apr 28, 2023
  • Current Sale Recording Date: Apr 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 6690
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 Taylor

Stats & Trends

Median Asking:

$285,990

Sale Price/ft²

$172

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2059 ft²

Average Home Age

37.3 years

Currently For Sale

373 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

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NTREIS

Listed by: Eric Robirds, Traditions Real Estate Group
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20277676
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1131 Key Lane built and last sold?
The property at 1131 Key Lane was built in 1987 and last sold on Apr 28, 2023 for $337,007.
How much is this home worth?
The estimated value of the home located at 1131 Key Lane is $0.
What are some comparable homes to 1131 Key Lane?
There are currently no comparable homes to 1131 Key Lane.
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