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Kaufman 75160
12370 Homer Circle
$270,000
● House - Off Market

12370 Homer Circle

Terrell, TX 75160
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,424 Ft²
$1,796
Est. Monthly
6.95%
Cap Rate

About This Property

Discover modern living in this beautifully updated 3-bedroom, 2-bathroom home, showcasing a stunning mix of natural wood accents and contemporary finishes. The spacious open-concept layout features vaulted ceilings, luxury vinyl flooring, and an inviting kitchen with black marble countertops and stainless steel appliances. Relax by the sleek fireplace or enjoy the vast backyard, perfect for outdoor gatherings. Located in a serene neighborhood, this home offers both style and comfort for the buyer!
Unit Size
1,424 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$211
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
1983

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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 #20719080)

Price History

Date / Event Date Event Price
Oct 30, 2024 Sold
Premium
Sold
Oct 3, 2024 In contract -
In contract
Sep 26, 2024 Price Decreased $299,900
↓ $10K (3.2%)
Price Decreased
Sep 14, 2024 Price Decreased $309,900
↓ $15K (4.6%)
Price Decreased
Sep 4, 2024 Listed by MISSION MINDED REALTY $324,900
Listed by MISSION MINDED REALTY
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,000
  • Total Building Area: 1,424
  • Gross Building Area: 1,520
  • Building Area: 1,424
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,424
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOHNSON
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: JOHNSON S JUNCTION LOT 7

Neighborhood

  • School District Name: Terrell Independent School District
  • Census Tract: 050300

Geography

  • Parcel: 27933
  • Lot: 7
  • Municipality: TERRELL
  • Latitude: 32.739
  • Longitude: -96.3406

    Address

  • Full Address: 12370 Homer Cir
  • Address - House Number: 12370
  • Address - Street Name: Homer
  • Address - Suffix Type: Cir
  • State: TX
  • City Name: Terrell
  • Carrier Code: R015
  • 4-Digit Zip Code: 6036
  • Zip Code: 75160

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $393,967
  • Tax Rate Code Area: CAD CT KC

    Appraisal Valuation

  • Standard Deviation: 0.1824
  • Valuation Date: Nov 23, 2022
  • Confidence Score: 76
  • Final Value: 284,845
  • High Value: 336,812
  • Low Value: 232,879

    Market Valuation

  • Market Total Value: $134,176
  • Market Land Value: $27,500
  • Market Improvement Value: $106,676

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $150,971
  • Assessed Land Value: $27,500
  • Assessed Improvements Value: $123,471

    Sales

  • Current Sale Contract Date: Dec 18, 2018
  • Current Sale Recording Date: Dec 21, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2018-0031343
  • Previous Sale Recording Date: Oct 03, 2018
  • Previous Sale Contract Date: Sep 28, 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 Kaufman

Stats & Trends

Median Asking:

$305,000

Sale Price/ft²

$159

Above Asking

0.29%

Average Days on Market

80

Average Home Size

2258 ft²

Average Home Age

13.6 years

Currently For Sale

1461 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: Mike Mazyck, MISSION MINDED REALTY
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20719080
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 12370 Homer Circle built and last sold?
The property at 12370 Homer Circle was built in 1983 and last sold on Dec 18, 2018 for $121,000.
How much is this home worth?
The estimated value of the home located at 12370 Homer Circle is $0.
What are some comparable homes to 12370 Homer Circle?
There are currently no comparable homes to 12370 Homer Circle.
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