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Granite Shoals 78654
125 E Cottonwood DR
$225,000
House - In Contract

125 E Cottonwood DR

Granite Shoals, TX 78654
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1614 Sqft
$1,328
Estimated Monthly
$0
HOA / Fees
12.15%
Cap Rate

About This Property

***Buying Options*** Option #1: House with 5 Lots - $185,000 (All 5 Lots Located on Cottonwood Dr) | Option #2: House with all 8 Lots $225,000 | Option #3: 3 Lots (no house) Located on Elm Dr - $45,000 | This property is a great opportunity for the right buyer. The current home is in need of some repairs, but the property itself offers value as its layout provides flexibility in the opportunities available as the home is situated on just under 1 acre comprised of 8 separate lots. 5 of the lots are located on E Cottonwood (all next to each other), while the other 3 lots are on Elm St. The 3 lots on Elm are back to back with 3 of the 5 lots on E Cottonwood. (*Home to be sold as-is*)
Unit Size
1,614Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$139
Property Type
House
Property Taxes
$223
HOA Dues
-
Year Built
1966
Listed By
Nicholas Podrebarac
All City Real Estate Ltd. Co
Last updated: 2 months ago (Unlock MLS #ACT1573944)

Price History

Date / Event Date Event Price
Mar 13, 2024 In contract -
In contract
Jun 16, 2023 Listed by All City Real Estate Ltd. Co $225,000
Listed by All City Real Estate Ltd. Co

Property Highlights

Parking Details
Total Number of Parking: 8
Parking Features: Carport, Unpaved
Interior Details

Bathroom Information

Full Bathrooms: 1

Interior Information

Interior Features: See Remarks
Appliances: See Remarks
Flooring Type: See Remarks
Cooling: Ceiling Fan(s)
Heating: Propane
Living Area: 1614

Room 1

Level: First
Type: Primary Bedroom
Features: None

Room 2

Level: First
Type: Primary Bathroom
Features: None

Room 3

Level: First
Type: Kitchen
Features: None

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Concrete
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 294
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 40,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,614
  • Gross Building Area: 1,614
  • Building Area: 1,614
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 1,614
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LIVE OAK
  • Land Acres: 0.918
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S6010 LIVE OAK LOT 342-346 & 360-362

Ownership

  • Current Owner : WHALEN FRANKIE G
  • Previous Owner : VANDERBILT MORTGAGE & FINANCE INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marble Falls Independent School District
  • Census Tract: 960501

Geography

  • Assessors Map Reference: 62-X
  • Parcel: 27160
  • Lot: 342,3
  • Municipality: GRANITE SHOALS
  • Latitude: 30.5828
  • Longitude: -98.389

    Address

  • Full Address: 125 E Cottonwood Dr
  • Address - House Number: 125
  • Street Direction: E
  • Address - Street Name: Cottonwood
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Granite Shoals
  • Carrier Code: R005
  • 4-Digit Zip Code: 2942
  • Zip Code: 78654

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,670
  • Tax Rate Code Area: WCD

    Appraisal Valuation

  • Standard Deviation: 0.22
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 212,671
  • High Value: 259,461
  • Low Value: 165,880

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $62,400
  • First Open Lien Mortgage Lender: GMAC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 28, 2005
  • First Open Lien Mortgage Loan Amount: $62,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 28, 2035

    Market Valuation

  • Market Total Value: $184,778
  • Market Land Value: $46,000
  • Market Improvement Value: $138,778

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $145,147

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 20, 2005
  • Current Sale Recording Date: Sep 28, 2005
  • Current Sale Transaction ID: 1146752043
  • Current Sale Price: $78,000
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 200511905

    Last Sale Mortgage

  • First Mortgage Lender: GMAC MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 28, 2005
  • First Mortgage Loan Amount: $62,400

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,376 ft²
$186,000 Mar 31, 2019
$168,000 - $204,000 May 31, 2019
$316/mo
House
3 Beds
1 Bath
1,344 ft²
$171,500 Jun 14, 2023
$154,000 - $188,000 Jul 28, 2023
$288/mo
House
2 Beds
1 Bath
912 ft²
$254/ft²
$232,000 Jan 10, 2024
- Nov 30, -0001
$264/mo
Condo
1 Bed
1 Bath
957 ft²
$261/ft²
$250,000 Oct 13, 2023
- Nov 30, -0001
$553/mo
Mobile / Manufactured
2 Beds
2 Baths
1,216 ft²
$181/ft²
$220,000 Jan 11, 2024
-
$17/mo
House
4 Beds
4 Baths
3,168 ft²
$75/ft²
$239,000 Mar 8, 2024
-
$522/mo
House
2 Beds
1 Bath
987 ft²
$242/ft²
$239,000 Mar 15, 2024
-
-

About Granite Shoals


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Frequently Asked Questions

When was property at 125 East Cottonwood Drive built and last sold?
The property at 125 East Cottonwood Drive was built in 1966 and last sold on Sep 20, 2005 for $78,000.
How much is this home worth?
The estimated value of the home located at 125 East Cottonwood Drive is $235,976.
What are some comparable homes to 125 East Cottonwood Drive?
Homes that are comparable to 125 East Cottonwood Drive include a mobile / manufactured property at 317 East Briarway Drive, a house property at 115 Norwood Drive, 133 East Bluebriar Drive.

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