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Brown 76802
197 Abby Road
$175,000
● House - Off Market

197 Abby Road

Early, TX 76802
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,221 Ft²
$198,420
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

A rare opportunity to own a beautifully maintained home in the 55+ community of Ridgewood Gardens. This two bedroom, two bath home has an open floor plan with tall ceilings and recessed lighting for a spacious feel.  The kitchen offers granite countertops, breakfast bar, an abundance of cabinets and SS appliances (all appliances convey including the washer and dryer). The master suite has a tiled walk-in shower, granite counters, a separate built-in vanity and a large walk-in closet. Oversized one car garage with storage area, sprinkler system, privacy fenced backyard and covered front and back porch. This one owner home has been well cared for and it shows. Give us a call if you are ready for no more lawn maintenance and easy living in a beautiful community.
Unit Size
1,221 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$156
Property Type
House
Property Taxes
$294
HOA Dues
$125
Year Built
2010

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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 #20201563)

Price History

Date / Event Date Event Price
Feb 24, 2023 Sold
Premium
Sold
Nov 5, 2022 Listed by Texas Goldstar Real Estate $189,900
Listed by Texas Goldstar Real Estate

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Bedroom Count: 0
  • 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: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 378
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,221
  • Gross Building Area: 1,875
  • Building Area: 1,221
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,221
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGEWOOD GARDENS
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: RIDGEWOOD GARDENS, PHASE TWO, BLOCK D, LOT 2, ACRES .15

Neighborhood

  • School District Name: Early Independent School District
  • Census Tract: 951200

Geography

  • Account Number: S7452-0002-00
  • Parcel: 20005630
  • Block: D
  • Lot: 2
  • Municipality: EARLY
  • Latitude: 31.7463
  • Longitude: -98.954

    Address

  • Full Address: 197 Abby Rd
  • Address - House Number: 197
  • Address - Street Name: Abby
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Early
  • Carrier Code: R006
  • 4-Digit Zip Code: 2183
  • Zip Code: 76802

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $359,401
  • Tax Rate Code Area: CEA GBC RR

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 246,598
  • High Value: 303,581
  • Low Value: 189,614

    Market Valuation

  • Market Total Value: $181,610
  • Market Land Value: $10,300
  • Market Improvement Value: $171,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $181,610
  • Assessed Land Value: $10,300
  • Assessed Improvements Value: $171,310

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 24, 2023
  • Current Sale Recording Date: Feb 24, 2023
  • Current Sale Document Type: 21
  • Current Sale Input Document Number: 914
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 Brown

Stats & Trends

Median Asking:

$214,900

Sale Price/ft²

$144

Below Asking

0.03%

Average Days on Market

74

Average Home Size

1960 ft²

Average Home Age

-

Currently For Sale

216 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: Christy Meinecke, Texas Goldstar Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20201563
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 197 Abby Road built and last sold?
The property at 197 Abby Road was built in 2010 and last sold on Feb 24, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 197 Abby Road is $190,889.
What are some comparable homes to 197 Abby Road?
There are currently no comparable homes to 197 Abby Road.
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