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Callahan 79602
11580 Cr 224
$585,000
● House - Off Market

11580 Cr 224

Abilene, TX 79602
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,379 Ft²
$3,324
Est. Monthly
3.37%
Cap Rate

About This Property

FINE COUNTRY LIVING AT ITS BEST!  BEAUTIFUL 4 BEDROOM, 3 BATH HOME SITTING ON 8.155 ACRES. WHEN YOU ENTER THE HOME YOU WILL NOTICE A BEAUTIFUL LARGE LIVING ROOM OPEN TO A LARGE KITCHEN THAT INCLUDES BEAUTIFUL GRANITE WITH A CENTER ISLAND AND A LARGE DINING ROOM. THE LARGE MASTER BEDROOM IS JUST OFF OF THE DINING AREA AND LEADS TO THE BEAUTIFUL MASTER BATHROOM THAT INCLUDES DUAL VANITIES, LARGE MASTER SHOWER, RELAXING TUB, AND WALK IN CLOSET. ALL THE BEDROOMS IN THIS HOME ARE VERY SPACIOUS. SO MUCH OUTDOOR SPACE. SECURITY GATE OUT FRONT. LARGE BACK YARD. DESIGNATED PLAY AREA FOR THE SMALL KIDS. WATER WELL THAT WATERS THE YARD. SPRINKLER SYSTEM.  25 X 25 FOAM INSULATED SHOP WITH ATTACHED CARPORT.  PLENTY OF ROOM TO ENTERTAIN GUESTS. GREAT PLACE TO HAVE HORSES OR PETS. DON'T LET THIS ONE GET AWAY!
Unit Size
2,379 Ft²
Days on Market
-
Land Size
8.16 acres
Price per sqft
$246
Property Type
House
Property Taxes
$451
HOA Dues
-
Year Built
-

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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 #20597093)

Price History

Date / Event Date Event Price
May 31, 2024 Sold
Premium
Sold
May 3, 2024 In contract -
In contract
Apr 26, 2024 Listed by Exit Realty Frontier $585,000
Listed by Exit Realty Frontier

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,501,055
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: S P RY CO SURVEY ABSTRACT NO 1747
  • Land Acres: 0000103330
  • Standard Land Use Code: 8000
  • Legal Description 1: ACRES: 103.330 BLK: 8 ABST: 1747 SURVEY: 36 T & P RR S W POE

Neighborhood

  • School District Name: Baird Independent School District
  • Census Tract: 030102

Geography

  • Account Number: 1747003600400
  • Parcel: R000009647
  • Block: 8
  • Municipality: ABILENE
  • Latitude: 32.2938
  • Longitude: -99.5824

    Address

  • Full Address: 11580 County Road 224
  • Address - House Number: 11580
  • Address - Street Name: County Road 224
  • State: TX
  • City Name: Abilene
  • Carrier Code: R002
  • 4-Digit Zip Code: 9277
  • Zip Code: 79602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,194
  • Tax Rate Code Area: 30 E FM

    Market Valuation

  • Market Total Value: $330,660
  • Market Land Value: $330,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,150
  • Assessed Land Value: $330,660

    Sales

  • Current Sale Contract Date: May 13, 2020
  • Current Sale Recording Date: May 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 201096
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 Callahan

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$160

Below Asking

0.04%

Average Days on Market

70

Average Home Size

1799 ft²

Average Home Age

42.9 years

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

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NTREIS

Listed by: Amy Quintana, Exit Realty Frontier
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20597093
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 11580 County Rd 224 built and last sold?
The property at 11580 County Rd 224 was built in and last sold on May 13, 2020 for $327,000.
How much is this home worth?
The estimated value of the home located at 11580 County Rd 224 is $0.
What are some comparable homes to 11580 County Rd 224?
There are currently no comparable homes to 11580 County Rd 224.
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