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Potosi 79602
118 Sanford Lane
$302,000
● House - Off Market

118 Sanford Lane

Abilene, TX 79602
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,557 Ft²
$328,388
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Elegant architecture & amenities adorn this farmhouse beauty in the heart of Potosi-Wylie East! Enter into living room with beautiful 14 ft cathedral ceilings & a floor to ceiling Austin Stone fireplace! Amazing 5x5 Alder skylight in kitchen with SS appliances. Master ensuite includes custom shower, jacuzzi tub & a glover ceiling with recessed dimming lights provide a relaxing ambiance in the adjoining bedroom. Alder cabinets with coordinating granite throughout. New carpet. Alarm system. Sprinkler system. Wood privacy fence in backyard with additional fencing for a horse! Room to build a shop on acreage! Taylor Telecom fiber optic internet & NO HOA. Front porch welcomes you home just bring your rocking chairs!
Unit Size
1,557 Ft²
Days on Market
-
Land Size
1.20 acres
Price per sqft
$189
Property Type
House
Property Taxes
$310
HOA Dues
-
Year Built
2010

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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 #14692223)

Price History

Date / Event Date Event Price
Nov 18, 2021 Sold
Premium
Sold
Oct 16, 2021 Listed by Arnold-REALTORS $294,500
Listed by Arnold-REALTORS

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • 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: 1
  • Garage Square Area: 495
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,272
  • Lot Size Depth Feet: 3,480
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 2,052
  • Gross Building Area: 2,052
  • Building Area: 1,557
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,557
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: POTOSI FARMS SEC 2
  • Land Acres: 0000001200
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: POTOSI FARMS SEC 2, BLOCK A, LOT 1, ACRES 1.2

Neighborhood

  • School District Name: Wylie Independent School District
  • Census Tract: 013404

Geography

  • Parcel: 972168
  • Block: A
  • Lot: 1
  • Municipality: ABILENE
  • Latitude: 32.3627
  • Longitude: -99.6558

    Address

  • Full Address: 118 Sanford Ln
  • Address - House Number: 118
  • Address - Street Name: Sanford
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Abilene
  • Carrier Code: R005
  • 4-Digit Zip Code: 3421
  • Zip Code: 79602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $441,225
  • Tax Rate Code Area: SWY

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 341,798
  • High Value: 409,603
  • Low Value: 273,993

    Market Valuation

  • Market Total Value: $315,147
  • Market Land Value: $18,295
  • Market Improvement Value: $296,852

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $308,614

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 26068
  • Previous Sale Recording Date: Nov 05, 2018
  • Previous Sale Contract Date: Nov 05, 2018
  • Previous Sale Document Type: 71
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 Potosi

Stats & Trends

Median Asking:

$449,900

Sale Price/ft²

$210

Below Asking

0.02%

Average Days on Market

51

Average Home Size

2566 ft²

Average Home Age

15 years

Currently For Sale

11 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

Rentals Near You

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NTREIS

Listed by: Jamie Arnold, Arnold-REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14692223
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 118 Sanford Lane built and last sold?
The property at 118 Sanford Lane was built in 2010 and last sold on Nov 18, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 118 Sanford Lane is $0.
What are some comparable homes to 118 Sanford Lane?
There are currently no comparable homes to 118 Sanford Lane.
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