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Smith 75707
12198 CR 215
$317,000
● House - Off Market

12198 CR 215

Tyler, TX 75707
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,800 Ft²
$329,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

This wonderful three bedroom, two bath home is situated on 3 acres at the end of a cul-de-sac. It has recently undergone extensive renovations including roof, flooring, paint, cabinetries. The roof is 2 years old.  This traditional home features a covered front porch and carport trimmed in beautiful cedar wood.  In addition the home includes a large storage building...perfect for a workshop! This home was built with unique stylized concrete walls for high efficiency and durability.  Main bath has double vanities, new toilet, built-ins in living are.

Don't wait to view this home it won't last long!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
3.00 acres
Price per sqft
$183
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1972

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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 #20404460)

Price History

Date / Event Date Event Price
Nov 20, 2023 Sold
Premium
Sold
Aug 10, 2023 Listed by RE/MAX Properties $329,000
Listed by RE/MAX Properties

Property Highlights

Air Conditioning
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 130,680
  • Total Building Area: 1,800
  • Building Area: 1,800
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 1,800
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: A0118 J BULGER
  • Land Acres: 0000003000
  • Standard Land Use Code: 1001
  • County Land Use Code: RESIDENC
  • Legal Description 1: ABST A0118 J BULGERTRACT 4D

Neighborhood

  • School District Name: Chapel Hill Independent School District
  • School Tax School District: TYLER JR. COLLE
  • School Tax District Code 2: SCESD #2
  • Census Tract: 001807

Geography

  • Assessors Map Reference: MAP:16520
  • Account Number: R015788
  • Subdivision Tract Number: 4D
  • Parcel: 1-00000-0118-00-004040
  • Municipality: UNINCORPORATED AREA
  • Latitude: 32.301
  • Longitude: -95.1919

    Address

  • Full Address: 12198 County Road 215
  • Address - House Number: 12198
  • Address - Street Name: County Road 215
  • State: TX
  • City Name: Tyler
  • Carrier Code: R033
  • 4-Digit Zip Code: 5710
  • Zip Code: 75707

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $348,719
  • Tax Rate Code Area: CHAPEL HIL

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 75
  • Final Value: 342,644
  • High Value: 406,897
  • Low Value: 278,392

    Market Valuation

  • Market Total Value: $204,163
  • Market Land Value: $63,849
  • Market Improvement Value: $140,314

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $204,163
  • Assessed Land Value: $63,849
  • Assessed Improvements Value: $140,314

    Sales

  • Current Sale Contract Date: Nov 20, 2023
  • Current Sale Recording Date: Nov 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 34710
  • Previous Sale Recording Date: Oct 20, 2022
  • Previous Sale Contract Date: Oct 18, 2022
  • 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 Smith

Stats & Trends

Median Asking:

$385,250

Sale Price/ft²

$184

Below Asking

0.02%

Average Days on Market

86

Average Home Size

2313 ft²

Average Home Age

25 years

Currently For Sale

455 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

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NTREIS

Listed by: Douglas Crutcher, RE/MAX Properties
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20404460
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 12198 County Rd 215 built and last sold?
The property at 12198 County Rd 215 was built in 1972 and last sold on Nov 20, 2023 for $310,660.
How much is this home worth?
The estimated value of the home located at 12198 County Rd 215 is $0.
What are some comparable homes to 12198 County Rd 215?
There are currently no comparable homes to 12198 County Rd 215.
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