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Graham 76450
1401 Scenic Drive
$203,000
● House - Off Market

1401 Scenic Drive

Graham, TX 76450
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,692 Ft²
$228,826
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Well established neighborhood. This spacious property has a lot to offer! 3 bedroom 2 bath home on HUGE corner lot;  Open concept kitchen and living room with wood burning fireplace; Dining room is just off the kitchen. Split concept with nice size rooms.2 car attached garage. Utility room is just off the kitchen and has extra storage.  Access the backyard from the living room to a covered patio area.  Large fenced backyard, partially shaded with large mature trees, shed and wooden play set for the kids.  Great location just minutes from town and close to all schools.  Come take a look today!
Unit Size
1,692 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$129
Property Type
House
Property Taxes
$443
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: 3 years ago (NTREIS #20151332)

Price History

Date / Event Date Event Price
Feb 15, 2023 Sold
Premium
Sold
Aug 31, 2022 Listed by Weatherbee Real Estate $219,000
Listed by Weatherbee Real Estate

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 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: 484
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 1,692
  • Gross Building Area: 1,692
  • Building Area: 1,692
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 1,692
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING HILLS ESTATES
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: ROLLING HILLS - BLK 10, LOT 20

Neighborhood

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

Geography

  • Parcel: 1542
  • Block: 10
  • Lot: 20
  • Municipality: GRAHAM
  • Latitude: 33.0959
  • Longitude: -98.5723

    Address

  • Full Address: 1401 Scenic Dr
  • Address - House Number: 1401
  • Address - Street Name: Scenic
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Graham
  • Carrier Code: C006
  • 4-Digit Zip Code: 4908
  • Zip Code: 76450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $467,293
  • Tax Rate Code Area: CG GH GISD

    Appraisal Valuation

  • Standard Deviation: 0.177
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 214,767
  • High Value: 252,794
  • Low Value: 176,740

    Market Valuation

  • Market Total Value: $182,540
  • Market Land Value: $25,960
  • Market Improvement Value: $156,580

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $182,540
  • Assessed Land Value: $25,960
  • Assessed Improvements Value: $156,580

    Sales

  • Current Sale Contract Date: Feb 15, 2023
  • Current Sale Recording Date: Feb 15, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 396
  • Previous Sale Recording Date: Apr 20, 2017
  • Previous Sale Contract Date: Apr 17, 2017
  • Previous Sale Amount: $137,200
  • 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 Graham

Stats & Trends

Median Asking:

$216,250

Sale Price/ft²

$147

Below Asking

0.04%

Average Days on Market

93

Average Home Size

1903 ft²

Average Home Age

54.1 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

Unit for rent at 1206 Saint Michael Court, TX, 76450

$492 /mo

  • 1 Bed
  • 1 Bath
  • 16,130 ft²
1206 Saint Michael Court, TX, 76450 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Amie Pratt, Weatherbee Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20151332
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1401 Scenic Drive built and last sold?
The property at 1401 Scenic Drive was built in 1965 and last sold on Feb 15, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 1401 Scenic Drive is $223,819.
What are some comparable homes to 1401 Scenic Drive?
There are currently no comparable homes to 1401 Scenic Drive.
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