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Keene 76009
124 County Road 318
$225,000
● House - Off Market

124 County Road 318

Keene, TX 76009
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,135 Ft²
$1,405
Est. Monthly
12.47%
Cap Rate

About This Property

One OWNER home! Custom built 4 bedroom 2 bathroom with a large bonus room off of the Primary Bedroom with Balcony Access! 2 Bedrooms downstairs and 2 bedrooms upstairs. Gorgeous lot with large trees, a Circle Drive for extra parking, Large Carport, a Covered Side Patio, and Beautiful Ornate Fencing. Unique Brick Sidewalks and Steps. This Home Place has so much Promise. This Home awaits a New Owner to bring it back ALIVE. Would make a Great Weekend Getaway! The Seller is selling as-is, and no repairs will be made. Roof and HVAC less than 7 years old.
Unit Size
2,135 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$94
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
1976

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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 #20633496)

Price History

Date / Event Date Event Price
Jul 15, 2024 Sold
Premium
Sold
Jun 12, 2024 In contract -
In contract
Jun 5, 2024 Listed by Fathom Realty LLC $200,000
Listed by Fathom Realty LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • 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: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,135
  • Building Area: 2,135
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,135
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: E M HEATH
  • Land Acres: 0000001000
  • Standard Land Use Code: 7001
  • County Land Use Code: E1
  • State Land Use Code: E1
  • Legal Description 1: ABST 345 TR 17 E M HEATH

Neighborhood

  • School District Name: Alvarado Independent School District
  • School Tax School District: ALVARADO ISD
  • Census Tract: 130415

Geography

  • Assessors Map Reference: 126.0345.00920
  • Account Number: R000009388
  • Subdivision Tract Number: 17
  • Parcel: 126-0345-00920
  • Municipality: CITY OF KEENE
  • Latitude: 32.3973
  • Longitude: -97.2929

    Address

  • Full Address: 124 County Road 318
  • Address - House Number: 124
  • Address - Street Name: County Road 318
  • State: TX
  • City Name: Alvarado
  • Carrier Code: R008
  • 4-Digit Zip Code: 8449
  • Zip Code: 76009

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $506,460
  • Tax Rate Code Area: 8

    Market Valuation

  • Market Total Value: $203,617
  • Market Land Value: $19,000
  • Market Improvement Value: $184,617

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $203,617
  • Assessed Land Value: $19,000
  • Assessed Improvements Value: $184,617

    Sales

  • Current Sale Contract Date: Jul 14, 2023
  • Current Sale Recording Date: Jul 17, 2023
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 19879
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 Keene

Stats & Trends

Median Asking:

$270,000

Sale Price/ft²

$155

Below Asking

0.03%

Average Days on Market

78

Average Home Size

1869 ft²

Average Home Age

17.6 years

Currently For Sale

38 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 101 Donna Street, Alvarado, TX, 76009

$1,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,479 ft²
101 Donna Street, Alvarado, TX, 76009 Listing by Tyler Hamilton
Unit for rent at 3901 County Road 317, Cleburne, TX, 76031

$1,500 /mo

  • 3 Beds
  • 2 Baths
  • 960 ft²
3901 County Road 317 #35, Cleburne, TX, 76031 Listing by Stephenie Whitehead

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Cynthia Allen, Fathom Realty LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20633496
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 124 County Rd 318 built and last sold?
The property at 124 County Rd 318 was built in 1976 and last sold on Jul 14, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 124 County Rd 318 is $0.
What are some comparable homes to 124 County Rd 318?
There are currently no comparable homes to 124 County Rd 318.
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