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Reno 76082
1350 Reno Road S
$179,000
● House - Off Market

1350 Reno Road S

Reno, TX 76082
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,000 Ft²
$256,159
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Spacious house with lots of potential.  Very secluded 1 acre, fenced, out buildings.  Good storage in large garage, Covered 12X20 deck with hot tub.  Front deck 12x12.  Nice kitchen, fireplace in Living room
Unit Size
2,000 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$88
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

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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: 3 years ago (NTREIS #14169678)

Price History

Date / Event Date Event Price
Nov 8, 2019 Sold
Premium
Sold
Aug 9, 2019 Listed by 5th Stream Realty $175,000
Listed by 5th Stream Realty

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Building Count: 1
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,757
  • Gross Building Area: 2,757
  • Building Area: 2,085
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,085
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PACIFIC RAILROAD COMPANY SURV
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: ACRES: 1.000 ABST: 1381,

Neighborhood

  • School District Name: Springtown Independent School District
  • School Tax School District: JR COLLEGE DIST
  • Census Tract: 140412

Geography

  • Assessors Map Reference: 561-E
  • Parcel: R000054126
  • Block: 3
  • Municipality: RENO
  • Latitude: 32.9282
  • Longitude: -97.5974

    Address

  • Full Address: 1350 S Reno Rd
  • Address - House Number: 1350
  • Street Direction: S
  • Address - Street Name: Reno
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Springtown
  • Carrier Code: R002
  • 4-Digit Zip Code: 6906
  • Zip Code: 76082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $568,115
  • Tax Rate Code Area: LTR SP

    Appraisal Valuation

  • Standard Deviation: 0.2466
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 368,594
  • High Value: 459,512
  • Low Value: 277,676

    Market Valuation

  • Market Total Value: $313,980
  • Market Land Value: $80,000
  • Market Improvement Value: $233,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $313,980
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $233,980

    Sales

  • Current Sale Contract Date: Nov 05, 2019
  • Current Sale Recording Date: Nov 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201929980
  • Previous Sale Recording Date: May 26, 2015
  • Previous Sale Contract Date: May 13, 2015
  • Previous Sale Amount: $147,300
  • Previous Sale Document Type: 70
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 Reno

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$220

Below Asking

0.04%

Average Days on Market

89

Average Home Size

2522 ft²

Average Home Age

16.5 years

Currently For Sale

18 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: David Lewis, 5th Stream Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14169678
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1350 South Reno Road built and last sold?
The property at 1350 South Reno Road was built in and last sold on Nov 5, 2019 for $227,700.
How much is this home worth?
The estimated value of the home located at 1350 South Reno Road is $0.
What are some comparable homes to 1350 South Reno Road?
There are currently no comparable homes to 1350 South Reno Road.
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