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Canton 75103
1317 Forrest Drive
$247,000
● House - Off Market

1317 Forrest Drive

Canton, TX 75103
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,862 Ft²
$258,549
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Fantastic 3 bed 2 bath home in Town & Country!  Beautiful treed lot that backs up to a picturesque creek.  Freshly painted and Move in ready.  Updated kitchen with new cabinets and granite countertops, new flooring, renovated master shower, office or nursery attached to secondary bedroom, and HUGE living room with wood burning fireplace.  Refrigerator, washer, and dryer all stay with the home!  Oversized 2 car carport that can easily be enclosed to make an attached garage.  16x10 accessory building that allows you plenty of room for storage.  New roof, gutters with leaf guards... This home has it all!  Don't miss this amazing opportunity at a remarkable sales price.   Please call with any questions!
Unit Size
1,862 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$132
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1973

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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 #20120103)

Price History

Date / Event Date Event Price
Nov 18, 2022 Sold
Premium
Sold
Jul 21, 2022 Listed by Oak & Stone Realty Advisors $245,000
Listed by Oak & Stone Realty Advisors

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 0
  • 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
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,862
  • Building Area: 1,862
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,862
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOWN & COUNTRY ADDITION
  • Land Acres: 0000000410
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: ACRES: 0.410 BLK: 9 LOT: 9 ADDN: TOWN & COUNTRY

Neighborhood

  • School District Name: Canton Independent School District
  • School Tax School District: CANTON ISD
  • School Tax District Code 2: CANTON
  • Census Tract: 950700

Geography

  • Assessors Map Reference: MAP: 19A
  • Account Number: R000001800
  • Parcel: 014.2730.0009.0009.0000
  • Block: 9
  • Lot: 9
  • Municipality: CITY OF CANTON
  • Latitude: 32.5422
  • Longitude: -95.8662

    Address

  • Full Address: 1317 Forrest Dr
  • Address - House Number: 1317
  • Address - Street Name: Forrest
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Canton
  • Carrier Code: C001
  • 4-Digit Zip Code: 2807
  • Zip Code: 75103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $364,204

    Appraisal Valuation

  • Standard Deviation: 0.4279
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 14
  • Final Value: 158,067
  • High Value: 225,715
  • Low Value: 90,418

    Market Valuation

  • Market Total Value: $266,740
  • Market Land Value: $32,400
  • Market Improvement Value: $234,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $266,740
  • Assessed Land Value: $32,400
  • Assessed Improvements Value: $234,340

    Sales

  • Current Sale Contract Date: Nov 17, 2022
  • Current Sale Recording Date: Nov 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 12969
  • Previous Sale Recording Date: Jul 20, 2022
  • Previous Sale Contract Date: Jul 19, 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 Canton

Stats & Trends

Median Asking:

$279,500

Sale Price/ft²

$155

Below Asking

0.03%

Average Days on Market

69

Average Home Size

1779 ft²

Average Home Age

36 years

Currently For Sale

25 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 1130 Clay Street, Canton, TX, 75103

$1,550 /mo

  • 3 Beds
  • 1 Bath
  • 1,096 ft²
1130 Clay Street, Canton, TX, 75103 Listing by Jessica Harrell
Unit for rent at 721 Water Crest Circle, Canton, TX, 75103

$1,525 /mo

  • 2 Beds
  • 1 Bath
  • 1,263 ft²
721 Water Crest Circle, Canton, TX, 75103 Listing by Jessica Harrell

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Ryan Cauley, Oak & Stone Realty Advisors
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20120103
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1317 Forrest Drive built and last sold?
The property at 1317 Forrest Drive was built in 1973 and last sold on Nov 17, 2022 for $244,951.
How much is this home worth?
The estimated value of the home located at 1317 Forrest Drive is $0.
What are some comparable homes to 1317 Forrest Drive?
There are currently no comparable homes to 1317 Forrest Drive.
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