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Graham 76450
1317 Roanoake Drive
$235,000
● House - Off Market

1317 Roanoake Drive

Graham, TX 76450
bedrooms
3 Beds
bathrooms
2 Baths
square feet
5,616 Ft²
$309,625
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

This unique home has one of the best backyard views over looking the Bluffs in Graham!  Great potential exists for this property priced to sell at under the Young CAD appraisal value.  With some updates and TLC, this could become a dream home.  Originally designed as three bedroom, two bath contemporary house, a four car garage with a second story bonus room was added later.  The 1262 square foot bonus room could be used as a game room, an extra bedroom or both. The living area has a see through fireplace with two living areas. A large backyard deck with a gazebo overlooks the Bluff view that will make you think you live in the mountains!
Unit Size
5,616 Ft²
Days on Market
-
Land Size
0.80 acres
Price per sqft
$44
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980

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Cap Rate Calculator

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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: 5 months ago (NTREIS #14479544)

Price History

Date / Event Date Event Price
Mar 5, 2021 Sold
Premium
Sold
Dec 2, 2020 Listed by Weatherbee Real Estate $249,000
Listed by Weatherbee Real Estate
This unique home has one of the best backyard views over looking the Bluffs in Graham! Great potential exists for this property priced to sell at under the Young CAD appraisal value. With some updates and TLC, this could become a dream home. Originally designed as three bedroom, two bath contemporary house, a four car garage with a second story bonus room was added later. The 1262 square foot bonus room could be used as a game room, an extra bedroom or both. The living area has a see through fireplace with two living areas. A large backyard deck with a gazebo overlooks the Bluff view that will make you think you live in the mountains!

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • 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
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,314
  • Lot Size Depth Feet: 1,640
  • Lot Size Frontage Feet: 660
  • Total Building Area: 5,702
  • Gross Building Area: 5,702
  • Building Area: 5,702
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 5,702
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING HILLS SECOND ADDITION
  • Land Acres: 0000000650
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: ROLLING HILLS 2ND - LOT 29

Neighborhood

  • School District Name: Graham Independent School District
  • School Tax School District: YCO
  • Census Tract: 950600

Geography

  • Parcel: 2258
  • Lot: 29
  • Municipality: GRAHAM
  • Latitude: 33.0916
  • Longitude: -98.5668

    Address

  • Full Address: 1317 Roanoake Dr
  • Address - House Number: 1317
  • Address - Street Name: Roanoake
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Graham
  • Carrier Code: C006
  • 4-Digit Zip Code: 4037
  • Zip Code: 76450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $310,138
  • Tax Rate Code Area: CG GH GISD

    Appraisal Valuation

  • Standard Deviation: 0.4395
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 12
  • Final Value: 144,455
  • High Value: 207,953
  • Low Value: 80,956

    Market Valuation

  • Market Total Value: $148,800
  • Market Land Value: $29,340
  • Market Improvement Value: $119,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $148,800
  • Assessed Land Value: $29,340
  • Assessed Improvements Value: $119,460

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 05, 2021
  • Current Sale Recording Date: Mar 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 21000665
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 Graham

Stats & Trends

Median Asking:

$215,000

Sale Price/ft²

$147

Below Asking

0.04%

Average Days on Market

93

Average Home Size

1907 ft²

Average Home Age

55.7 years

Currently For Sale

41 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 1206 Saint Michael Court, TX, 76450

$492 /mo

  • 1 Bed
  • 1 Bath
  • 16,130 ft²
1206 Saint Michael Court, TX, 76450 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Austin Chamness, Weatherbee Real Estate
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14479544
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1317 Roanoake Drive built and last sold?
The property at 1317 Roanoake Drive was built in 1980 and last sold on Mar 5, 2021 for $233,900.
How much is this home worth?
The estimated value of the home located at 1317 Roanoake Drive is $283,345.
What are some comparable homes to 1317 Roanoake Drive?
There are currently no comparable homes to 1317 Roanoake Drive.
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