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Hutchins 75141
1157 Skyline Drive
$278,000
● House - Off Market

1157 Skyline Drive

Hutchins, TX 75141
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,551 Ft²
$1,923
Est. Monthly
$13
HOA / Fees
5.34%
Cap Rate

About This Property

Beautiful, move-in ready 1-story brick home includes three bedrooms, two full baths and a two-car garage with a large front porch. The home offers a spacious kitchen that overlooks the family room, quartz counter tops to luxury vinyl tile plank flooring throughout, in this spacious home you will find large secondary bedrooms near the laundry room for ultra-convenience. Great back yard equipped with sprinkler system and a Shed for all your tools! Perfect location with nearby schools, dining, entertainment and shopping. This home is move in ready!
Unit Size
1,551 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$179
Property Type
House
Property Taxes
$545
HOA Dues
$13
Year Built
2019

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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 #20451677)

Price History

Date / Event Date Event Price
Dec 5, 2023 Sold
Premium
Sold
Oct 10, 2023 Listed by Decorative Real Estate $278,000
Listed by Decorative Real Estate

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,117
  • Total Building Area: 1,931
  • Building Area: 1,551
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,551
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SKYLINE ESTATES REPLAT
  • Land Acres: 0000000209
  • Standard Land Use Code: 1001
  • County Land Use Code: A11
  • State Land Use Code: A11
  • Legal Description 1: SKYLINE ESTATES REPLAT BLK K LT 15 INT202000000976 DD12302019 CO-DC 0225000K01500 4CU0225000K

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 016902

Zoning

  • Zoning: Z236

Geography

  • Assessors Map Reference: 300225000K01500
  • Account Number: 300225000K01500
  • Parcel: 30-02250-00K-015-0000
  • Block: K
  • Lot: 15
  • Municipality: HUTCHINS
  • Latitude: 32.6417
  • Longitude: -96.6929

    Address

  • Full Address: 1157 Skyline Dr
  • Address - House Number: 1157
  • Address - Street Name: Skyline
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Hutchins
  • Carrier Code: R003
  • 4-Digit Zip Code: 4113
  • Zip Code: 75141

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $528,012
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 77
  • Final Value: 292,253
  • High Value: 342,617
  • Low Value: 241,889

    Market Valuation

  • Market Total Value: $271,360
  • Market Land Value: $50,000
  • Market Improvement Value: $221,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $271,360
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $221,360

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 05, 2023
  • Current Sale Recording Date: Dec 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 245586
  • Previous Sale Recording Date: Jan 02, 2020
  • Previous Sale Contract Date: Dec 30, 2019
  • Previous Sale Amount: $197,000
  • 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 Hutchins

Stats & Trends

Median Asking:

$341,900

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

33

Average Home Size

1683 ft²

Average Home Age

8.8 years

Currently For Sale

18 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 1016 Glenhaven Drive, Hutchins, TX, 75141

$1,790 /mo

  • 3 Beds
  • 2 Baths
  • 1,292 ft²
1016 Glenhaven Drive, Hutchins, TX, 75141 Listing by Antonio Gipson
Unit for rent at 114 Crestridge Drive, Hutchins, TX, 75141

$1,895 /mo

  • 3 Beds
  • 2 Baths
  • 1,484 ft²
114 Crestridge Drive, Hutchins, TX, 75141 Listing by Matthew Hartmann

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Olivia Izaguirre, Decorative Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20451677
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1157 Skyline Drive built and last sold?
The property at 1157 Skyline Drive was built in 2019 and last sold on Dec 5, 2023 for $277,305.
How much is this home worth?
The estimated value of the home located at 1157 Skyline Drive is $282,816.
What are some comparable homes to 1157 Skyline Drive?
There are currently no comparable homes to 1157 Skyline Drive.
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