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Kaufman 75160
12050 Elm Drive
$215,000
● House - Off Market

12050 Elm Drive

Terrell, TX 75160
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,365 Ft²
$218,408
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

NO HOA!! Country living close to city amenities and easy access to Hwy 80!  Pride of ownership is evident in this cozy, recently updated home on a quiet street in Terrell ISD.  Floor plan includes a large bonus room which could be a fourth bedroom, hobby room, playroom or office.  Spacious backyard includes 3 storage buildings.  Updates include windows 2021, doors 2021, carpet and vinyl plank flooring 2021, water heater 2020. Schedule your showing today!
Unit Size
1,365 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$154
Property Type
House
Property Taxes
$196
HOA Dues
-
Year Built
1970

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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 #20130516)

Price History

Date / Event Date Event Price
Sep 15, 2022 Sold
Premium
Sold
Aug 5, 2022 Listed by Keller Williams Rockwall $210,000
Listed by Keller Williams Rockwall

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,064
  • Lot Size Depth Feet: 1,200
  • Total Building Area: 1,407
  • Gross Building Area: 1,497
  • Building Area: 1,407
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,407
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAWRENCE
  • Land Acres: 0000000185
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LAWRENCE, BLOCK 124, LOT 13R; REPLAT OF LOTS 13 - 18

Neighborhood

  • School District Name: Terrell Independent School District
  • Census Tract: 050601

Geography

  • Parcel: 29930
  • Block: 124
  • Lot: 13R
  • Municipality: TERRELL
  • Latitude: 32.7445
  • Longitude: -96.344

    Address

  • Full Address: 12050 Elm Dr
  • Address - House Number: 12050
  • Address - Street Name: Elm
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Terrell
  • Carrier Code: R011
  • 4-Digit Zip Code: 6020
  • Zip Code: 75160

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $194,613
  • Tax Rate Code Area: TV

    Appraisal Valuation

  • Standard Deviation: 0.239
  • Valuation Date: Mar 08, 2023
  • Confidence Score: 66
  • Final Value: 278,987
  • High Value: 345,690
  • Low Value: 212,284

    Market Valuation

  • Market Total Value: $155,996
  • Market Land Value: $8,064
  • Market Improvement Value: $147,932

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $127,050

    Sales

  • Current Sale Contract Date: Sep 15, 2022
  • Current Sale Recording Date: Sep 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 35218
  • Previous Sale Recording Date: Jul 13, 2017
  • Previous Sale Contract Date: Jul 07, 2017
  • Previous Sale Amount: $114,000
  • Previous Sale Document Type: 70
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 Kaufman

Stats & Trends

Median Asking:

$305,000

Sale Price/ft²

$159

Above Asking

0.28%

Average Days on Market

80

Average Home Size

2247 ft²

Average Home Age

13.3 years

Currently For Sale

1453 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: Brian Weast, Keller Williams Rockwall
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20130516
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 12050 Elm Drive built and last sold?
The property at 12050 Elm Drive was built in 1970 and last sold on Sep 15, 2022 for $277,371.
How much is this home worth?
The estimated value of the home located at 12050 Elm Drive is $0.
What are some comparable homes to 12050 Elm Drive?
There are currently no comparable homes to 12050 Elm Drive.
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