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Van 75790
171 Iowa Place
$140,000
● House - Off Market

171 Iowa Place

Van, TX 75790
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,680 Ft²
$146,255
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

County comfort on nearly an acre.  Property feels like a park with mature trees surrounding most of the property.  Enjoy watching nearly every type of bird Texas has to offer out the large family room window.  All rooms are oversized and can accommodate all kinds of furniture.  Kitchen fully equipped with fridge.  Oversized 2 car carport will keep your vehicles safe from these spring hail storms.  Tons of closets and two bedrooms with TEXAS size walk-in closets.  So much potential for you to put your own decorating skills to work or enjoy it the way it is, clean and tidy.
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.77 acres
Price per sqft
$74
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1984

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 (NTREIS #14568001)

Price History

Date / Event Date Event Price
Jun 11, 2021 Sold
Premium
Sold
May 1, 2021 Listed by Keller Williams Realty $125,000
Listed by Keller Williams Realty
County comfort on nearly an acre. Property feels like a park with mature trees surrounding most of the property. Enjoy watching nearly every type of bird Texas has to offer out the large family room window. All rooms are oversized and can accommodate all kinds of furniture. Kitchen fully equipped with fridge. Oversized 2 car carport will keep your vehicles safe from these spring hail storms. Tons of closets and two bedrooms with TEXAS size walk-in closets. So much potential for you to put your own decorating skills to work or enjoy it the way it is, clean and tidy.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,149
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,687
  • Building Area: 1,687
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,687
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MUND GROSS SURVEY ABSTRACT 297
  • Land Acres: 0000000761
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: ACRES: 0.761 ABST: 297 SUR: M GROSS

Neighborhood

  • School District Name: Van Independent School District
  • School Tax School District: VAN ISD
  • School Tax District Code 2: TYLER JR COL
  • School Tax District Code 3: VAN
  • Census Tract: 950801

Geography

  • Assessors Map Reference: MAP: 23B
  • Account Number: R000020005
  • Parcel: 064.0297.5140.0000.0000
  • Municipality: CITY OF VAN
  • Latitude: 32.5279
  • Longitude: -95.6537

    Address

  • Full Address: 171 Iowa Pl
  • Address - House Number: 171
  • Address - Street Name: Iowa
  • Address - Suffix Type: Pl
  • State: TX
  • City Name: Van
  • Carrier Code: R002
  • 4-Digit Zip Code: 2667
  • Zip Code: 75790

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $230,097

    Appraisal Valuation

  • Standard Deviation: 0.4279
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 14
  • Final Value: 113,078
  • High Value: 161,472
  • Low Value: 64,683

    Market Valuation

  • Market Total Value: $193,240
  • Market Land Value: $24,930
  • Market Improvement Value: $168,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $193,240
  • Assessed Land Value: $24,930
  • Assessed Improvements Value: $168,310

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 11, 2021
  • Current Sale Recording Date: Jun 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021-006805
  • Previous Sale Recording Date: Oct 09, 1985
  • Previous Sale Contract Date: Oct 09, 1985
  • Previous Sale Document Type: 27
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 Van

Stats & Trends

Median Asking:

$269,900

Sale Price/ft²

$150

Below Asking

0.03%

Average Days on Market

82

Average Home Size

1845 ft²

Average Home Age

34 years

Currently For Sale

14 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

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NTREIS

Listed by: Angel Sanchez, Keller Williams Realty
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14568001
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 171 Iowa Place built and last sold?
The property at 171 Iowa Place was built in 1984 and last sold on Jun 11, 2021 for $139,300.
How much is this home worth?
The estimated value of the home located at 171 Iowa Place is $134,626.
What are some comparable homes to 171 Iowa Place?
There are currently no comparable homes to 171 Iowa Place.
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