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Alma 75119
181 Grays Creek Circle
$336,000
● House - Off Market

181 Grays Creek Circle

Alma, TX 75119
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,654 Ft²
$374,580
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

STOP right here and look no further.  This is your perfect, HOME SWEET HOME!  Country living at its finest and still close to town.  This beauty is on almost 2 acres, featuring a stock pond with still plenty of room for shop or pool.  Inside the home you will find 3 bedrooms, 2 full baths with perfect layout for entertaining.  Plenty of space to get comfy with a nice book or family and enjoy the smell of your wood burning fireplace.  The chef of the family will love the open kitchen, SS appliances and LOTS of cabinet space.  In owners suite, take a break and enjoy relaxing in garden tub.  Also features stand up shower and duel sinks.  Don't miss the opportunity to own this precious gem, will not last long!!
Unit Size
1,654 Ft²
Days on Market
-
Land Size
1.96 acres
Price per sqft
$206
Property Type
House
Property Taxes
$411
HOA Dues
-
Year Built
2017

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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: 3 years ago (NTREIS #14704516)

Price History

Date / Event Date Event Price
Dec 28, 2021 Sold
Premium
Sold
Nov 4, 2021 Listed by City Real Estate $340,000
Listed by City Real Estate

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 85,378
  • Total Building Area: 2,138
  • Gross Building Area: 2,250
  • Building Area: 1,654
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,654
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRAYS CREEK RANCH ESTS PH4
  • Land Acres: 0000001960
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 13 BLK 2 GRAYS CREEK RANCH ESTS PH4 1.96 AC

Neighborhood

  • School District Name: Ennis Independent School District
  • Census Tract: 061700

Geography

  • Parcel: 261310
  • Block: 2
  • Lot: 13
  • Municipality: ALMA
  • Latitude: 32.2849
  • Longitude: -96.5238

    Address

  • Full Address: 181 Grays Creek Cir
  • Address - House Number: 181
  • Address - Street Name: Grays Creek
  • Address - Suffix Type: Cir
  • State: TX
  • City Name: Ennis
  • Carrier Code: R001
  • 4-Digit Zip Code: 1658
  • Zip Code: 75119

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $601,976
  • Tax Rate Code Area: 303

    Appraisal Valuation

  • Standard Deviation: 0.2664
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 62
  • Final Value: 334,985
  • High Value: 424,236
  • Low Value: 245,733

    Market Valuation

  • Market Total Value: $456,382
  • Market Land Value: $120,000
  • Market Improvement Value: $336,382

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $418,705

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 28, 2021
  • Current Sale Recording Date: Dec 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2156697
  • Previous Sale Recording Date: Dec 27, 2017
  • Previous Sale Contract Date: Dec 21, 2017
  • Previous Sale Amount: $198,000
  • Previous Sale Document Type: 70
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 Alma

Stats & Trends

Median Asking:

$380,000

Sale Price/ft²

$238

Below Asking

0.09%

Average Days on Market

135

Average Home Size

1776 ft²

Average Home Age

19 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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NTREIS

Listed by: Shellie Smiley-York, City Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14704516
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 181 Grays Creek Circle built and last sold?
The property at 181 Grays Creek Circle was built in 2017 and last sold on Dec 28, 2021 for $328,900.
How much is this home worth?
The estimated value of the home located at 181 Grays Creek Circle is $0.
What are some comparable homes to 181 Grays Creek Circle?
There are currently no comparable homes to 181 Grays Creek Circle.
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