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Gholson 76705
1327 Mary Ware Drive
$150,000
● House - Off Market

1327 Mary Ware Drive

Waco, TX 76705
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,350 Ft²
$989
Est. Monthly
6.67%
Cap Rate

About This Property

This 2BR/1BA home in Gholson ISD sits on approximately 1.8 acres with beautiful mature trees. Large living room that opens to the kitchen and breakfast area. Kitchen has built-in dishwasher, freestanding range, vent-a-hood and pantry. Primary bedroom has two closets and built in window seat with storage. Primary bath has separate shower and separate tub. Two storage sheds. $198,800.
Unit Size
1,350 Ft²
Days on Market
-
Land Size
1.80 acres
Price per sqft
$127
Property Type
House
Property Taxes
$144
HOA Dues
-
Year Built
1960

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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: 2 years ago (NTREIS #217034)

Price History

Date / Event Date Event Price
Jul 19, 2024 Sold
Premium
Sold
Jul 25, 2023 Listed by Kelly, Realtors $172,000
Listed by Kelly, Realtors

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 3
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 78,408
  • Total Building Area: 1,350
  • Gross Building Area: 1,350
  • Building Area: 1,350
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,350
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WARE MARY
  • Land Acres: 0000001800
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: WARE MARY TRACT 4B ACRES 1.8

Neighborhood

  • School District Name: Gholson Independent School District
  • Census Tract: 004202

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: PG 4D
  • Subdivision Tract Number: 4B
  • Parcel: 24-105600-001001-0
  • Lot: 4B
  • Municipality: WACO
  • Latitude: 31.7186
  • Longitude: -97.2707

    Address

  • Full Address: 1327 Mary Ware Dr
  • Address - House Number: 1327
  • Address - Street Name: Mary Ware
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Waco
  • Carrier Code: R005
  • 4-Digit Zip Code: 5937
  • Zip Code: 76705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $134,488
  • Tax Rate Code Area: 86

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 200,785
  • High Value: 237,109
  • Low Value: 164,461

    Market Valuation

  • Market Total Value: $125,770
  • Market Land Value: $26,140
  • Market Improvement Value: $99,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $107,984

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Gholson

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$179

Below Asking

0.04%

Average Days on Market

91

Average Home Size

2317 ft²

Average Home Age

35.4 years

Currently For Sale

7 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: Trish Griffin, Kelly, Realtors
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 217034
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1327 Mary Ware Drive built and last sold?
The property at 1327 Mary Ware Drive was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1327 Mary Ware Drive is $0.
What are some comparable homes to 1327 Mary Ware Drive?
There are currently no comparable homes to 1327 Mary Ware Drive.
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