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Kaufman 75142
1401 Main Street
$132,000
● House - Off Market

1401 Main Street

Kaufman, TX 75142
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,534 Ft²
$614
Est. Monthly

About This Property

Investors and handymen, here's the opportunity you've been searching for!  3 bedroom 2 bath with garage conversion and huge back yard in a great neighborhood just waiting for your finishing touches and priced accordingly.  Roof is a few years old, the  AC system was completely replaced last summer and the water heater in April.  This house has a huge back yard and large shed for storing all that stuff!  It is very easy to show, so come take a look!  Seller will consider owner financing with large down payment and approved credit.  No need for hard money!
Unit Size
1,534 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$81
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1965

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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 #20937248)

Price History

Date / Event Date Event Price
May 30, 2025 Sold
Premium
Sold
May 15, 2025 Listed by The Michael Group $125,000
Listed by The Michael Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,035
  • Lot Size Depth Feet: 10
  • Total Building Area: 1,534
  • Gross Building Area: 1,734
  • Building Area: 1,734
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,534
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: KAUFMAN EAST 3
  • Land Acres: 0000000207
  • Standard Land Use Code: 2000
  • County Land Use Code: A4
  • State Land Use Code: A4
  • Legal Description 1: KAUFMAN EAST 3, BLOCK 5, LOT 11; & HOUSE

Neighborhood

  • School District Name: Kaufman Independent School District
  • Census Tract: 051100

Geography

  • Parcel: 28054
  • Block: 5
  • Lot: 11
  • Municipality: KAUFMAN
  • Latitude: 32.5745
  • Longitude: -96.3033

    Address

  • Full Address: 1401 Main St
  • Address - House Number: 1401
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: TX
  • City Name: Kaufman
  • Carrier Code: R012
  • 4-Digit Zip Code: 3216
  • Zip Code: 75142

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $375,209
  • Tax Rate Code Area: TV

    Market Valuation

  • Market Total Value: $160,522
  • Market Land Value: $52,500
  • Market Improvement Value: $108,022

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,522
  • Assessed Land Value: $52,500
  • Assessed Improvements Value: $108,022
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 Kaufman

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$153

Below Asking

0.04%

Average Days on Market

75

Average Home Size

1865 ft²

Average Home Age

35.2 years

Currently For Sale

41 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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NTREIS

Listed by: Tony Fortner, The Michael Group
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20937248
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1401 Main Street built and last sold?
The property at 1401 Main Street was built in 1965 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1401 Main Street is $0.
What are some comparable homes to 1401 Main Street?
There are currently no comparable homes to 1401 Main Street.
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