$265,000
●
House -
Off Market
1307 Sandstone CV
Lampasas, TX 76550
3 Beds
2 Baths
1,290 Ft²
$1,469
Est. Monthly
5.81%
Cap Rate
About This Property
Adorable home in Lampasas's new subdivision Stone Valley. This home
offers stained concrete flooring, tiled master bath shower,
fiberglass tub/shower with tile surround in second bath, granite
countertops, custom cabinets, tile backsplashes, stainless steel
appliances, tray living room ceiling, washer/dryer/fridge convey.
The exterior is brick and wood siding with a composition roof. The
yard is sodded and has a sprinkler system with a wood privacy
fenced back yard.
Unit Size
1,290 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$205
Property Type
House
Property Taxes
$168
HOA Dues
-
Year Built
-
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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 (Unlock MLS #ACT6517886)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2024 | In contract | - | |
| In contract | |||
| Apr 10, 2024 | Price Decreased |
$265,000
↓ $10K
(3.6%) | |
| Price Decreased | |||
| Feb 12, 2024 | Listed by Bear Real Estate Services | $274,900 | |
| Listed by Bear Real Estate Services | |||
| Jul 11, 2023 | No longer available | - | |
| No longer available | |||
| Jun 6, 2023 | Listed by Bear Real Estate Services | $280,000 | |
| Listed by Bear Real Estate Services | |||
| | |||
|
New construction home in Lampasas’s new subdivision Stone Valley. This home offers stained concrete flooring, tiled master bath shower, fiberglass tub/shower with tile surround in second bath, granite countertops, custom cabinets, tile backsplashes, stainless steel appliances, trey living room ceiling, washer and dryer hook-ups, and more. The exterior is brick and wood siding with a composition roof. The yard is sodded and has a sprinkler system with a wood privacy fenced back yard. The manager has listed the unit size as 1290 square feet.
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About Lampasas
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Listed by: Lacy Davidson
Listed Office: Bear Real Estate Services - Listing courtesy of Unlock MLS
Phone: (512) 556-9321
Last Updated: 2024-07-16 18:25:17
Data Source: Unlock MLS, MLS# ACT6517886
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Bear Real Estate Services - Listing courtesy of Unlock MLS
Phone: (512) 556-9321
Last Updated: 2024-07-16 18:25:17
Data Source: Unlock MLS, MLS# ACT6517886
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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