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Van Zandt 75103
1902 W State Highway 243
$210,000
● House - Off Market

1902 W State Highway 243

Canton, TX 75103
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,340 Ft²
$334,480
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

Bring your gardening and handyman skills to the country living with this unique farm house, 4.4 acres and a 40x60 shop. The house has original wood floor, big kitchen and breakfast area. Shiplap ceiling and stone fireplace completes this country farm house feel. The shop has 4 12x12 roll up door, full bathroom, and 14ft walls.  The shop could be converted to a commercial business building right on the highway.
Unit Size
1,340 Ft²
Days on Market
-
Land Size
4.42 acres
Price per sqft
$175
Property Type
House
Property Taxes
$135
HOA Dues
-
Year Built
1926

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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 #14018876)

Price History

Date / Event Date Event Price
Mar 23, 2020 Sold
Premium
Sold
Feb 7, 2019 Listed by Exalt Realty $233,900
Listed by Exalt Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 172,541
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,340
  • Building Area: 1,340
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,340
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: J R COGGIN SURVEY ABSTRACT #169
  • Land Acres: 0000003961
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: ACRES: 3.961 ABST: 169 SUR: J R COGGIN

Neighborhood

  • School District Name: Canton Independent School District
  • School Tax School District: CANTON ISD
  • School Tax District Code 2: EM SRV DIST 3
  • Census Tract: 950602

Geography

  • Assessors Map Reference: MAP: 18B
  • Account Number: R000003241
  • Parcel: 016.0169.0012.0000.0000
  • Municipality: CANTON
  • Latitude: 32.547
  • Longitude: -95.9209

    Address

  • Full Address: 1902 W State Highway 243
  • Address - House Number: 1902
  • Street Direction: W
  • Address - Street Name: State Highway 243
  • State: TX
  • City Name: Canton
  • Carrier Code: R006
  • 4-Digit Zip Code: 3959
  • Zip Code: 75103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $546,185

    Appraisal Valuation

  • Standard Deviation: 0.4582
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 8
  • Final Value: 224,343
  • High Value: 327,153
  • Low Value: 121,532

    Market Valuation

  • Market Total Value: $347,020
  • Market Land Value: $75,400
  • Market Improvement Value: $271,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $347,020
  • Assessed Land Value: $75,400
  • Assessed Improvements Value: $271,620

    Sales

  • Current Sale Contract Date: Mar 20, 2020
  • Current Sale Recording Date: Mar 27, 2020
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-002843
  • Previous Sale Recording Date: Mar 18, 2019
  • Previous Sale Contract Date: Mar 15, 2019
  • Previous Sale Amount: $274,400
  • 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 Van Zandt

Stats & Trends

Median Asking:

$335,000

Sale Price/ft²

$181

Below Asking

0.02%

Average Days on Market

85

Average Home Size

2177 ft²

Average Home Age

32.6 years

Currently For Sale

308 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

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NTREIS

Listed by: John Morrison, Exalt Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14018876
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1902 West State Highway 243 built and last sold?
The property at 1902 West State Highway 243 was built in 1926 and last sold on Mar 20, 2020 for $0.
How much is this home worth?
The estimated value of the home located at 1902 West State Highway 243 is $0.
What are some comparable homes to 1902 West State Highway 243?
There are currently no comparable homes to 1902 West State Highway 243.
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