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Three Rivers 78071
1504 Cadillac Dr
$155,000
● House - Off Market

1504 Cadillac Dr

Three Rivers, TX 78071
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,353 Ft²
$864
Est. Monthly

About This Property

Whether you're a first-time buyer looking for affordability, an investor seeking potential returns, or a renovator ready to unleash your creativity, this property offers the perfect canvas for your aspirations.  This cozy 3 bedroom, 1 bath brick home is waiting for your personal touch.  A new roof and AC unit was installed in 2023, providing peace of mind and protection from the elements for years to come. The enclosed garage offers another bedroom or additional living space. You also have the added convenience of an indoor utility/laundry room area just off of the kitchen. This property has a chain-link fenced back yard perfect for anyone with pets.  You will also find a park conveniently located right behind the house. Don't miss out on the opportunity to turn this house into your forever home.
Unit Size
1,353 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$116
Property Type
House
Property Taxes
$90
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: 5 months ago (LERA #1767503)

Price History

Date / Event Date Event Price
Aug 1, 2024 Sold
Premium
Sold
Apr 17, 2024 Listed by Dockery + Associates $157,500
Listed by Dockery + Associates

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • 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: 7,971
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,053
  • Building Area: 1,053
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,053
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NOBB HILL II ADDITION
  • Land Acres: 0000000183
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: NOBB HILL BLOCK G LOT 4 0.183 ACRES

Neighborhood

  • School District Name: George West Independent School District
  • School Tax School District: X2
  • Census Tract: 950100

Geography

  • Account Number: 10284
  • Parcel: 2341-0007-0004-00
  • Block: G
  • Lot: 4
  • Municipality: THREE RIVERS
  • Latitude: 28.4734
  • Longitude: -98.1692

    Address

  • Full Address: 1504 Cadillac Dr
  • Address - House Number: 1504
  • Address - Street Name: Cadillac
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Three Rivers
  • Carrier Code: R001
  • 4-Digit Zip Code: 2661
  • Zip Code: 78071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $210,709
  • Tax Rate Code Area: CLXX ST TT

    Appraisal Valuation

  • Standard Deviation: 0.4065
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 18
  • Final Value: 123,852
  • High Value: 174,205
  • Low Value: 73,498

    Market Valuation

  • Market Total Value: $119,200
  • Market Land Value: $12,740
  • Market Improvement Value: $106,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $119,200
  • Assessed Land Value: $12,740
  • Assessed Improvements Value: $106,460

    Exemptions

  • Homeowner Exemption: Yes
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 Three Rivers

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$175

Below Asking

0.03%

Average Days on Market

83

Average Home Size

1526 ft²

Average Home Age

57.3 years

Currently For Sale

12 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 1700 N Grand Prix Drive, TX, 78071

$783 /mo

  • 1 Bed
  • 1 Bath
1700 N Grand Prix Drive, TX, 78071 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Richard Dockery, Dockery + Associates
Last Updated: 5 months ago
Data Source: LERA, MLS# 1767503
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 1504 Cadillac Drive built and last sold?
The property at 1504 Cadillac Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1504 Cadillac Drive is $157,549.
What are some comparable homes to 1504 Cadillac Drive?
There are currently no comparable homes to 1504 Cadillac Drive.
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