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Coleman 76834
1409 Westhill Lane
$315,000
● House - Off Market

1409 Westhill Lane

Coleman, TX 76834
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,800 Ft²
$1,729
Est. Monthly
5.40%
Cap Rate

About This Property

Immaculate completely renovated home on the Hill in Coleman . The upgrades  are high quality with careful attention to detail. Features  include  AC and Furnace, windows , and roof  in 2020.  Quartz countertops , gas cooktop, upgraded interior  and exterior  doors. Enlarged  master bathroom with  walk in shower.  Navien tankless Water heater . Upgraded electrical and panel box ,  upgraded Plumbing  , low E double pane windows.  Custom cabinets with soft close drawers.  Bamboo  flooring throughout  the main area of home including master bedroom. Custom  blinds ,  insulation, recent  paint and plumbing fixtures . Large fenced back yard with a storage shed. Great tree cover . It is a must see in a quiet neighborhood .
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$175
Property Type
House
Property Taxes
$182
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 #20557375)

Price History

Date / Event Date Event Price
Sep 23, 2024 Sold
Premium
Sold
Aug 30, 2024 In contract -
In contract
Jun 13, 2024 Price Decreased $315,000
↓ $10K (3.1%)
Price Decreased
Mar 10, 2024 Listed by Ranch Realty of Texas $325,000
Listed by Ranch Realty of Texas
Nov 18, 2022 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 380
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,608
  • Gross Building Area: 2,378
  • Building Area: 1,608
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 10
  • Heating: 0
  • Heated Square Feet: 1,608
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EXTENSION NO 2 OF HIGH ACRES ADD
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: HIGH ACRES ADDN 2 TOWN COLEMAN, BLOCK 1, LOT 6

Neighborhood

  • School District Name: Coleman Independent School District
  • School Tax School District: CHD
  • Census Tract: 950300

Geography

  • Account Number: 2330-001-00060-000
  • Parcel: R17021
  • Block: 1
  • Lot: 6
  • Municipality: COLEMAN
  • Latitude: 31.8224
  • Longitude: -99.4387

    Address

  • Full Address: 1409 Westhill Ln
  • Address - House Number: 1409
  • Address - Street Name: Westhill
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Coleman
  • Carrier Code: C002
  • 4-Digit Zip Code: 5235
  • Zip Code: 76834

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $418,046
  • Tax Rate Code Area: RCO CCO GC

    Appraisal Valuation

  • Standard Deviation: 0.461
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 56
  • Final Value: 279,405
  • High Value: 362,761
  • Low Value: 196,048

    Market Valuation

  • Market Total Value: $170,650
  • Market Land Value: $5,500
  • Market Improvement Value: $165,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $170,650
  • Assessed Land Value: $5,500
  • Assessed Improvements Value: $165,150

    Sales

  • Current Sale Contract Date: Nov 16, 2022
  • Current Sale Recording Date: Nov 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2208
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 Coleman

Stats & Trends

Median Asking:

$139,900

Sale Price/ft²

$96

Below Asking

0.06%

Average Days on Market

113

Average Home Size

1304 ft²

Average Home Age

-

Currently For Sale

60 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

Rentals Near You

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NTREIS

Listed by: Stephanie Garner, Ranch Realty of Texas
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20557375
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1409 Westhill Lane built and last sold?
The property at 1409 Westhill Lane was built in and last sold on Nov 16, 2022 for $273,980.
How much is this home worth?
The estimated value of the home located at 1409 Westhill Lane is $320,094.
What are some comparable homes to 1409 Westhill Lane?
There are currently no comparable homes to 1409 Westhill Lane.
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