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Palo Pinto
15 Lamar Street
$159,000
● House - Off Market

15 Lamar Street

Santo, TX 76472
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,440 Ft²
$222,929
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

The most quaint and cozy CHARMER in the most quaint and cozy small town! This adorably remodeled home nestled in the much desired community of Santo has been completely updated within the last two years. Master bedroom could be easily divided into two bedrooms with separate entrances. Sunken living area has half bath and extra storage nook under the stairwell. Extra roomy bedroom upstairs has its own full bath. You will love the huge backyard with this double lot, completely fenced for pets. If you have wanted to live in a small town with that Friday Night Lights charm, this is your chance!
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$110
Property Type
House
Property Taxes
$69
HOA Dues
-
Year Built
1945

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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 #14348152)

Price History

Date / Event Date Event Price
Jun 25, 2020 Sold
Premium
Sold
May 21, 2020 Listed by Fathom Realty, LLC $159,000
Listed by Fathom Realty, LLC

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,983
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CROUCH ADDITION
  • Land Acres: 0000000321
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: SANTO CROUCH #1 BLK 4 LTS 13 & 14 G#C0750-01-00040-013-00-0

Neighborhood

  • School District Name: Santo Independent School District
  • School Tax School District: SNI HPD ESD1
  • Census Tract: 000300

Geography

  • Account Number: R000015471
  • Parcel: 115410000
  • Block: 4
  • Lot: 13,14
  • Municipality: SANTO
  • Latitude: 32.6049
  • Longitude: -98.2122

    Address

  • Full Address: 15 Lamar St
  • Address - House Number: 15
  • Address - Street Name: Lamar
  • Address - Suffix Type: St
  • State: TX
  • City Name: Santo
  • Zip Code: 76472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $271,232
  • Tax Rate Code Area: CAD 182 SN

    Appraisal Valuation

  • Standard Deviation: 0.4536
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 173,849
  • High Value: 252,711
  • Low Value: 94,986

    Market Valuation

  • Market Total Value: $191,030
  • Market Land Value: $35,630
  • Market Improvement Value: $155,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $191,030
  • Assessed Land Value: $35,630
  • Assessed Improvements Value: $155,400

    Sales

  • Current Sale Contract Date: Nov 02, 2018
  • Current Sale Recording Date: Nov 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2018-00005778
  • Previous Sale Recording Date: Mar 09, 2012
  • Previous Sale Contract Date: Mar 07, 2012
  • Previous Sale Document Type: 68
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 Palo Pinto

Stats & Trends

Median Asking:

$399,000

Sale Price/ft²

$223

Below Asking

0.03%

Average Days on Market

84

Average Home Size

2259 ft²

Average Home Age

-

Currently For Sale

287 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

Currently no nearby rentals
NTREIS

Listed by: Christy Dorr, Fathom Realty, LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14348152
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 15 Lamar Street built and last sold?
The property at 15 Lamar Street was built in 1945 and last sold on Nov 2, 2018 for $49,800.
How much is this home worth?
The estimated value of the home located at 15 Lamar Street is $171,337.
What are some comparable homes to 15 Lamar Street?
There are currently no comparable homes to 15 Lamar Street.
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