$265,000
●
House -
Off Market
117 Independence Avenue
Venus, TX 76084
3 Beds
2 Baths
1,322 Ft²
$1,494
Est. Monthly
$222
HOA / Fees
9.71%
Cap Rate
About This Property
Welcome to 117 Independence Ave, a beautifully maintained home
located in the desirable Patriot Estates community of Venus, TX.
This move-in ready 3-bedroom, 2-bathroom home offers an
open-concept floor plan, perfect for first-time homebuyers or savvy
investors looking for a great rental opportunity. Enjoy modern
updates including updated lighting, ceiling fans in every bedroom,
and stylish shiplap accents in the primary bedroom. Major upgrades
include a new roof (2021) and fresh exterior paint (2022), along
with new wood trim around windows and the front porch for added
curb appeal. Practical additions such as custom shelving in the
laundry room and garage, a foldable workbench, and a metal storage
shed in the backyard provide excellent functionality. Plus, a Ring
doorbell is included for added security. Seller is offering a
carpet allowance.
Residents of Patriot Estates enjoy access to community amenities including a swimming pool and two parks. Located just minutes from Highway 67, Highway 287, and I-35W, this home offers a quick commute to Venus, Alvarado, Burleson, Mansfield, Arlington, and Midlothian, all within 20 minutes.
Residents of Patriot Estates enjoy access to community amenities including a swimming pool and two parks. Located just minutes from Highway 67, Highway 287, and I-35W, this home offers a quick commute to Venus, Alvarado, Burleson, Mansfield, Arlington, and Midlothian, all within 20 minutes.
Unit Size
1,322 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$196
Property Type
House
Property Taxes
-
HOA Dues
$222
Year Built
2010
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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 #20899501)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2025 | Sold | ||
| Sold | |||
| Jul 14, 2025 | In contract | - | |
| In contract | |||
| May 13, 2025 | Price Decreased |
$259,000
↓ $1K
(0.4%) | |
| Price Decreased | |||
| Apr 10, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Apr 4, 2025 | Listed by All Cities Realty | $260,000 | |
| Listed by All Cities Realty | |||
| | |||
|
Located in cozy Patriot Estates with easy access to Hwy 67, Hwy 287, & I-35 West. With an open concept, 3 bedroom 2 bath, This home is perfect for a first-time home buyer or as a great investment opportunity. Some updated lighting in home and ceiling fans in all bedrooms. Roof replaced in 2021. Outside of home repainted in 2022. New wood trim around windows and front porch. Shiplap added in master bedroom. Shelving installed in the laundry room and garage, and an added foldable workbench in garage. Small shed metal in backyard, will convey. Ring door bell will convey. Neighborhood includes pool and two parks. Easily commute to Venus, Alvarado, Burleson, Mansfield, Arlington, and Midlothian in less than 20 minutes!
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About Patriot Estates
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Listed by: Suzanne Rieter, Compass RE Texas , LLC
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20899501
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20899501
Details provided by NTREIS and may not match the public record
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