$640,000
●
House -
Off Market
166 Spring Gap Avenue
Abilene, TX 79606
4 Beds
0 Bath
2,481 Ft²
$3,926
Est. Monthly
2.34%
Cap Rate
About This Property
Grace & grandeur collide in your meticulously kept custom home
sprawling on one acre with panoramic views for miles. Inviting
foyer welcomes guests in to the open concept design with soaring
vaulted ceilings, dramatic wood beams & stone gas log fireplace
that anchors the rooms. Natural light filters through the wall of
windows & can be adjusted at the touch of a button with remote
control window coverings. Chef's kitchen offers an elevated
experience with double ovens, gas cooktop & huge walk-in butlers
pantry. Prep island & breakfast bar provides a casual dining
option. Dining room flows to the patio for easy access to outdoor
kitchen with beverage refrigerator, gas grill, sink & TV hook up,
all making hosting a breeze. Split design creates master privacy
with continued wood ceiling accents & light galore. En suite spa
like bath creates the ultimate place to start & end your days.
Indulge your creativity & hobbies in the nearly 1000 sqft insulated
shop complete with bathroom. HOME!
Unit Size
2,481 Ft²
Days on Market
-
Land Size
1.07 acres
Price per sqft
$262
Property Type
House
Property Taxes
$734
HOA Dues
-
Year Built
2019
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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 #20624861)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | In contract | - | |
| In contract | |||
| May 24, 2024 | Listed by Abilene Group Premier Re. Adv. | $650,000 | |
| Listed by Abilene Group Premier Re. Adv. | |||
| Dec 17, 2021 | Sold | ||
| Sold | |||
| Nov 22, 2021 | Listed by Tonya Harbin Real Estate | $599,000 | |
| Listed by Tonya Harbin Real Estate | |||
| | |||
|
Immaculate home sitting on just over an acre with breathtaking views. This open floor plan offers a spacious living area, with a remote start gas fireplace, & a beautiful vaulted ceiling with natural wood beams. The kitchen is any chef's dream with a double oven, gas range, & spacious pantry. Attention to detail in every room whether it be the plantation shutters, tray ceilings, or the guest suite. The elegant primary ensuite boasts a freestanding tub, rain shower, & dreamy oversized closet. The outdoor kitchen with a TV hookup is perfect for outdoor entertaining. Oversized yard for all outdoor activities. The property includes a 28x35 workshop insulated with AC, half bath, storm shelter, 12x35 lean-to
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Taylor
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Listed by: Kristi Andrew, Abilene Group Premier Re. Adv.
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20624861
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20624861
Details provided by NTREIS and may not match the public record
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