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Brownwood 76801
1704 Tulane Drive
$185,000
● House - Off Market

1704 Tulane Drive

Brownwood, TX 76801
bedrooms
4 Beds
bathrooms
0 Bath
square feet
1,492 Ft²
$190,429
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

A must see this 4 bedroom 1 bath brick, totaly refurbished with new interior paint and exterior paint, new central heat and air unit, new water heater, all new kitchen aplliances, new laminate flooring, new ceiling fans and lighting, fenced back yard with storage room, this wont last long better hurry.
Unit Size
1,492 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$120
Property Type
House
Property Taxes
$203
HOA Dues
-
Year Built
1977

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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 #20146423)

Price History

Date / Event Date Event Price
Dec 28, 2022 Sold
Premium
Sold
Aug 22, 2022 Listed by Tootie Kelly Real Estate $179,500
Listed by Tootie Kelly Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 216
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,672
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,540
  • Gross Building Area: 1,640
  • Building Area: 1,540
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,540
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVER OAKS ADDITION SECTION
  • Land Acres: 0000000245
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: RIVER OAKS ADDITION SECTION 4, BLOCK J, LOT 2

Neighborhood

  • School District Name: Brownwood Independent School District
  • Census Tract: 951100

Geography

  • Account Number: 74740-0026-00
  • Parcel: 56140
  • Block: J
  • Lot: 2
  • Municipality: BROWNWOOD
  • Latitude: 31.6692
  • Longitude: -98.9557

    Address

  • Full Address: 1704 Tulane Dr
  • Address - House Number: 1704
  • Address - Street Name: Tulane
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Brownwood
  • Carrier Code: C007
  • 4-Digit Zip Code: 7720
  • Zip Code: 76801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $303,369
  • Tax Rate Code Area: CBR GBC RR

    Appraisal Valuation

  • Standard Deviation: 0.4557
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 8
  • Final Value: 138,636
  • High Value: 201,819
  • Low Value: 75,452

    Market Valuation

  • Market Total Value: $140,440
  • Market Land Value: $5,340
  • Market Improvement Value: $135,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $140,440
  • Assessed Land Value: $5,340
  • Assessed Improvements Value: $135,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 02, 2022
  • Current Sale Recording Date: Dec 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 8210
  • Previous Sale Recording Date: Aug 24, 2022
  • Previous Sale Contract Date: Aug 18, 2022
  • Previous Sale Document Type: 71
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 Brownwood

Stats & Trends

Median Asking:

$195,000

Sale Price/ft²

$132

Below Asking

0.04%

Average Days on Market

73

Average Home Size

1674 ft²

Average Home Age

-

Currently For Sale

95 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 5251 Fm 2126, Brownwood, TX, 76801

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,060 ft²
5251 Fm 2126, Brownwood, TX, 76801 Listing by Zane Smith

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Tootie Kelly, Tootie Kelly Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20146423
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1704 Tulane Drive built and last sold?
The property at 1704 Tulane Drive was built in 1977 and last sold on Dec 2, 2022 for $183,465.
How much is this home worth?
The estimated value of the home located at 1704 Tulane Drive is $0.
What are some comparable homes to 1704 Tulane Drive?
There are currently no comparable homes to 1704 Tulane Drive.
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