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Sweetwater 79556
1506 Crescent Drive
$260,000
● House - Off Market

1506 Crescent Drive

Sweetwater, TX 79556
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,268 Ft²
$1,228
Est. Monthly

About This Property

Rehab Complete! Great 5 bedroom, 2.5 bath home with a fenced lot located centrally in town. Ready for all buyers! This is a Fannie Mae HomePath Property.
Unit Size
2,268 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$110
Property Type
House
Property Taxes
-
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: 9 months ago (NTREIS #21003467)

Price History

Date / Event Date Event Price
Jan 8, 2026 Sold
Premium
Sold
Nov 25, 2025 In contract -
In contract
Oct 25, 2025 Price Decreased $249,900
↓ $35K (12.3%)
Price Decreased
Oct 15, 2025 Price Decreased $285,000
↓ $3K (1%)
Price Decreased
Sep 16, 2025 Price Decreased $288,000
↓ $2K (0.7%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 672
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,165
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 1,120
  • Total Building Area: 3,390
  • Gross Building Area: 3,390
  • Building Area: 3,390
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,302
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000417
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: HILLCREST BLK 7 LOT 4

Neighborhood

  • School District Name: Sweetwater Independent School District
  • Census Tract: 950200

Geography

  • Account Number: 27708
  • Parcel: S3600-0007-04
  • Block: 7
  • Lot: 4
  • Municipality: SWEETWATER
  • Latitude: 32.4852
  • Longitude: -100.401

    Address

  • Full Address: 1506 Crescent Dr
  • Address - House Number: 1506
  • Address - Street Name: Crescent
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Sweetwater
  • Carrier Code: C006
  • 4-Digit Zip Code: 1804
  • Zip Code: 79556

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $436,423
  • Tax Rate Code Area: 1N 2S 3S 4

    Appraisal Valuation

  • Standard Deviation: 0.2392
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 218,838
  • High Value: 271,201
  • Low Value: 166,476

    Market Valuation

  • Market Total Value: $186,670
  • Market Land Value: $14,880
  • Market Improvement Value: $171,790

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $186,670
  • Assessed Land Value: $14,880
  • Assessed Improvements Value: $171,790

    Sales

  • Current Sale Contract Date: May 19, 2017
  • Current Sale Recording Date: May 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 17-22955
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 Sweetwater

Stats & Trends

Median Asking:

$96,950

Sale Price/ft²

$82

Below Asking

0.12%

Average Days on Market

80

Average Home Size

2143 ft²

Average Home Age

-

Currently For Sale

10 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: Greg Graham, Graham & Co Realty Group
Last Updated: 9 months ago
Data Source: NTREIS MLS, MLS# 21003467
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1506 Crescent Drive built and last sold?
The property at 1506 Crescent Drive was built in and last sold on May 19, 2017 for $169,800.
How much is this home worth?
The estimated value of the home located at 1506 Crescent Drive is $0.
What are some comparable homes to 1506 Crescent Drive?
There are currently no comparable homes to 1506 Crescent Drive.
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