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Brownwood 76801
1203 High Mesa Drive
$212,000
● House - Off Market

1203 High Mesa Drive

Brownwood, TX 76801
bedrooms
4 Beds
bathrooms
0 Bath
square feet
1,464 Ft²
$1,321
Est. Monthly
11.70%
Cap Rate

About This Property

4 bedrioom 2 bath totally remolded home new roof, new appliances, new plumbing fixtures, new lighting, new flooring, new painting inside and out, new interior and exterior doors.  Home is  now totally remodeled and ready to move in.
Unit Size
1,464 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$152
Property Type
House
Property Taxes
$230
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 #20619050)

Price History

Date / Event Date Event Price
Aug 15, 2024 Sold
Premium
Sold
Jul 14, 2024 In contract -
In contract
Jun 25, 2024 Relisted $222,000
Relisted
Jun 20, 2024 Withdrawn -
Withdrawn
May 16, 2024 Listed by Tootie Kelly Real Estate $209,000
Listed by Tootie Kelly Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • 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: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 542
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,401
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 1,190
  • Total Building Area: 1,464
  • Gross Building Area: 2,286
  • Building Area: 1,464
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,464
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGH MESA ADDITION
  • Land Acres: 0000000331
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: HIGH MESA ADDITION, BLOCK G, LOT 14

Neighborhood

  • School District Name: Brownwood Independent School District
  • Census Tract: 950600

Geography

  • Account Number: 36160-0017-00
  • Parcel: 53743
  • Block: G
  • Lot: 14
  • Municipality: BROWNWOOD
  • Latitude: 31.7159
  • Longitude: -99.0088

    Address

  • Full Address: 1203 High Mesa Dr
  • Address - House Number: 1203
  • Address - Street Name: High Mesa
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Brownwood
  • Carrier Code: R009
  • 4-Digit Zip Code: 1938
  • Zip Code: 76801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $276,358
  • Tax Rate Code Area: CBR GBC RR

    Appraisal Valuation

  • Standard Deviation: 0.4557
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 8
  • Final Value: 160,513
  • High Value: 233,667
  • Low Value: 87,358

    Market Valuation

  • Market Total Value: $171,870
  • Market Land Value: $7,070
  • Market Improvement Value: $164,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $171,870
  • Assessed Land Value: $7,070
  • Assessed Improvements Value: $164,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 17, 2024
  • Current Sale Recording Date: Jan 17, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: 242
  • Previous Sale Recording Date: Jan 11, 2021
  • Previous Sale Contract Date: Sep 30, 2020
  • Previous Sale Amount: $86,300
  • Previous Sale Document Type: 40
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 Brownwood

Stats & Trends

Median Asking:

$195,000

Sale Price/ft²

$132

Below Asking

0.04%

Average Days on Market

73

Average Home Size

1674 ft²

Average Home Age

-

Currently For Sale

95 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 1601 14th, Brownwood, TX, 76801

$1,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,654 ft²
1601 14th, Brownwood, TX, 76801 Listing by Jennifer Stewart

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Tootie Kelly, Tootie Kelly Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20619050
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1203 High Mesa Drive built and last sold?
The property at 1203 High Mesa Drive was built in and last sold on Jan 17, 2024 for $80,392.
How much is this home worth?
The estimated value of the home located at 1203 High Mesa Drive is $0.
What are some comparable homes to 1203 High Mesa Drive?
There are currently no comparable homes to 1203 High Mesa Drive.
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