$121,000
●
House -
Off Market
116 Austin Street
McGregor, TX 76657
3 Beds
0 Bath
1,145 Ft²
$759
Est. Monthly
14.24%
Cap Rate
About This Property
MOTIVATED SELLERS!! Great investment opportunity! Super cute 3
bedroom, 1 bath home in quaint town of McGregor. Home features
family room with wood floors, coat closet and large window. Good
sized bedrooms. 3rd bedroom could be office or 2nd living area.
Recently updated bathroom. New floors in kitchen. Brand new vent a
hood and freestanding range. Kitchen also features excellent
counter and cabinet space plus an eating area. Additional features
include hard wood floors, storage shed and roomy, fenced backyard.
Unit Size
1,145 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$106
Property Type
House
Property Taxes
$164
HOA Dues
-
Year Built
1956
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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: 2 years ago (NTREIS #195552)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 27, 2023 | No longer available | - | |
| No longer available | |||
| Apr 7, 2023 | Listed by CIF Real Estate Services, Inc. | $150,000 | |
| Listed by CIF Real Estate Services, Inc. | |||
| | |||
|
Don't miss your chance to own this charming house in McGregor, TX! It's a perfect starter home that won't break the bank and will actually save you money with Solar Panels! Roof replaced in 2021. There is hardwood floors in the living room and two bedrooms. Sand and re-stain them to restore the original floors. The isolated third bedroom has carpet and a modern barn door. Vinyl plank flooring is found in the kitchen with appliances that convey. Nice size pantry. The bathroom is updated with a nice tile pattern shower surround and vinyl plank flooring. The spacious backyard is completely fenced. The house needs some TLC and cosmetic repairs but it has strong bones. So much potential for a great price! Call to schedule your showing TODAY! The manager has listed the unit size as 1145 square feet.
| |||
| May 14, 2022 | No longer available | - | |
| No longer available | |||
| May 3, 2022 | Price Decreased |
$164,500
↓ $500
(0.3%) | |
| Price Decreased | |||
| Apr 16, 2022 | Listed by CIF Real Estate Services, Inc. | $165,000 | |
| Listed by CIF Real Estate Services, Inc. | |||
| | |||
|
Don't miss your chance to own this charming house in McGregor, TX! It's a perfect starter home that won't break the bank and will actually save you money with Solar Panels! Roof replaced in 2021. Hardwood floors in the living room and two bedrooms. The isolated third bedroom has carpet and a barn door. Vinyl plank flooring in the kitchen. The bathroom is updated with a nice tile pattern shower surround. The spacious backyard is completely fenced. Call today to schedule your showing! The manager has listed the unit size as 1145 square feet.
| |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Kelly Snodgrass, JP and Associates Fort Worth
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 195552
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 195552
Details provided by NTREIS and may not match the public record
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