$357,500
●
House -
Off Market
1319 E Highway 199
Springtown, TX 76082
3 Beds
2 Baths
2,566 Ft²
$374,835
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
Seller is adding some land from Lot 2B. Making the property
approx 1.0503 acres. The property is in the process of being
re-plated. Remodeled 3-2-2 residential home with Guest House,
covered patio, game room with kitchenette, 2 other Living areas and
oversized 2 car garage. Located in a developing commercial area.
This home would be a great residence or could be used for
commercial use. Not in the city limits so no restrictions. Updates
include: 2 heating and cooling systems, stainless appliances in
kitchen, granite counters throughout, Updated pluming and
electrical. Per Owner, square footage includes Guest House. Buyer
and Buyer's agent to verify all listing information, lot size,
schools and square footage.
Unit Size
2,566 Ft²
Days on Market
-
Land Size
1.05 acres
Price per sqft
$142
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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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: 4 months ago (NTREIS #14591587)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 18, 2022 | Sold | ||
| Sold | |||
| Jun 2, 2021 | Listed by eXp Realty, LLC | $364,000 | |
| Listed by eXp Realty, LLC | |||
| | |||
|
Seller is adding some land from Lot 2B. Making the property approx 1.0503 acres. The property is in the process of being re-plated. Remodeled 3-2-2 residential home with Guest House, covered patio, game room with kitchenette, 2 other Living areas and oversized 2 car garage. Located in a developing commercial area. This home would be a great residence or could be used for commercial use. Not in the city limits so no restrictions. Updates include: 2 heating and cooling systems, stainless appliances in kitchen, granite counters throughout, Updated pluming and electrical. Per Owner, square footage includes Guest House. Buyer and Buyer's agent to verify all listing information, lot size, schools and square footage.
| |||
| Sep 22, 2019 | No longer available | - | |
| No longer available | |||
| Apr 17, 2019 | Listed | $315,000 | |
| Listed | |||
| | |||
|
GREAT LOCATION FOR COMMERCIAL POTENTIAL ON HIGHWAY 199! 3 bedroom, 2 bath, 2 car garage home on 1.25 acres which is 2 lots, home has some of the original hardwood floors, storage building, 1 bedroom garage apartment that is currently rented with 2 car garage and another 1 car garage on lot 2.
| |||
| Mar 22, 2019 | Listed | $315,000 | |
| Listed | |||
| | |||
|
GREAT LOCATION FOR COMMERCIAL POTENTIAL ON HIGHWAY 199! 3 bedroom, 2 bath, 2 car garage home on 1.25 acres which is 2 lots, home has some of the original hardwood floors, storage building, 1 bedroom garage apartment that is currently rented with 2 car garage and another 1 car garage on lot 2. The manager has listed the unit size as 2208 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Parker
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Listed by: David Davis, eXp Realty, LLC
Last Updated: 4 months ago
Data Source: NTREIS MLS, MLS# 14591587
Details provided by NTREIS and may not match the public record
Last Updated: 4 months ago
Data Source: NTREIS MLS, MLS# 14591587
Details provided by NTREIS and may not match the public record
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