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Graham 76450
1324 Morningside Avenue
$169,000
● House - Off Market

1324 Morningside Avenue

Graham, TX 76450
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,474 Ft²
$860
Est. Monthly

About This Property

Charming and newly updated, this 3-bedroom, 2-bath home offers comfort, character, and plenty of space. Enjoy natural light pouring in through beautiful bay windows in the inviting living area. The converted garage provides a versatile bonus room-perfect for a home office, playroom, or guest space. The front yard welcomes you in and, the spacious backyard is ideal for relaxing or entertaining. A perfect blend of charm and functionality, this home features new HVAC system, new plumbing and spray foam insulation in the attic and is move-in ready and full of potential.
Unit Size
1,474 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$119
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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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: 2 years ago (NTREIS #20970083)

Price History

Date / Event Date Event Price
Aug 18, 2025 Sold
Premium
Sold
Jul 23, 2025 In contract -
In contract
Jul 1, 2025 Price Decreased $175,000
↓ $13K (6.9%)
Price Decreased
Jun 14, 2025 Listed by Coldwell Banker Realty $188,000
Listed by Coldwell Banker Realty
Mar 25, 2025 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 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: 1
  • Garage Square Area: 330
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,144
  • Gross Building Area: 1,144
  • Building Area: 1,144
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: MORNINGSIDE - BLK 2, LOTS 19-20

Neighborhood

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

Geography

  • Parcel: 10036
  • Block: 2
  • Lot: 19,20
  • Municipality: GRAHAM
  • Latitude: 33.1008
  • Longitude: -98.5735

    Address

  • Full Address: 1324 Morningside Ave
  • Address - House Number: 1324
  • Address - Street Name: Morningside
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Graham
  • Carrier Code: C006
  • 4-Digit Zip Code: 3612
  • Zip Code: 76450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $188,515
  • Tax Rate Code Area: CG GH GISD

    Appraisal Valuation

  • Standard Deviation: 0.4395
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 12
  • Final Value: 92,139
  • High Value: 132,641
  • Low Value: 51,636

    Market Valuation

  • Market Total Value: $73,640
  • Market Land Value: $25,000
  • Market Improvement Value: $48,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,640
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $48,640
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:

$216,250

Sale Price/ft²

$147

Below Asking

0.04%

Average Days on Market

93

Average Home Size

1893 ft²

Average Home Age

55.8 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

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NTREIS

Listed by: Cody Klapper, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20970083
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1324 Morningside Avenue built and last sold?
The property at 1324 Morningside Avenue was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1324 Morningside Avenue is $0.
What are some comparable homes to 1324 Morningside Avenue?
There are currently no comparable homes to 1324 Morningside Avenue.
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