See Home Value
$229,000
● House - Off Market

199 Althea Road

Rockwall, TX 75032
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,078 Ft²
$1,473
Est. Monthly
9.96%
Cap Rate

About This Property

Calling all investors!!! Great opportunity in Rockwall to own a two units house. You can live on one side and collect rent from the other. One side is large 3 bedroom, with one and half bathroom that needs a renovation . Another side is almost 800 sqft fully updated loft with fresh paint, kitchen with granite and vinyl floors. Sold as is.
Unit Size
2,078 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$110
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
1985

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (NTREIS #20666288)

Price History

Date / Event Date Event Price
Aug 8, 2024 Sold
Sold
Jul 29, 2024 In contract -
In contract
Jul 5, 2024 Listed by JPAR - Rockwall $229,000
Listed by JPAR - Rockwall

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1988
  • Building Count: 1
  • 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: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 480
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,765
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,078
  • Gross Building Area: 2,126
  • Building Area: 2,078
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,078
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROCKWALL LAKE EST #1
  • Land Acres: 0000000316
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: ROCKWALL LAKE EST #1, BLOCK C, LOT 668, 669, 670

Neighborhood

  • School District Name: Rockwall Independent School District
  • Census Tract: 040503

Geography

  • Assessors Map Reference: 303-L
  • Subdivision Tract Number: 669
  • Parcel: 24377
  • Block: C
  • Lot: 669
  • Municipality: ROCKWALL
  • Latitude: 32.8836
  • Longitude: -96.4602

    Address

  • Full Address: 199 Althea Rd
  • Address - House Number: 199
  • Address - Street Name: Althea
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Rockwall
  • Carrier Code: R027
  • 4-Digit Zip Code: 6101
  • Zip Code: 75032

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $417,442
  • Tax Rate Code Area: SRW

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 360,603
  • High Value: 430,375
  • Low Value: 290,832

    Market Valuation

  • Market Total Value: $266,660
  • Market Land Value: $158,400
  • Market Improvement Value: $108,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $266,660
  • Assessed Land Value: $158,400
  • Assessed Improvements Value: $108,260
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rockwall Lake Estates


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Nearby Rentals

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Unit for rent at 3805 Mediterranean Street, TX, 75087

$2,500 /mo

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  • 1,128 ft²
3805 Mediterranean Street, TX, 75087 Listing by Yossi Barazani
Unit for rent at 1460 Stewart Drive, Rockwall, TX, 75032

$2,400 /mo

  • 5 Beds
  • 2 Baths
  • 2,945 ft²
1460 Stewart Drive, Rockwall, TX, 75032 Listing by Jason Coleman


Frequently Asked Questions

When was property at 199 Althea Road built and last sold?
The property at 199 Althea Road was built in 1985 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 199 Althea Road is $239,390.
What are some comparable homes to 199 Althea Road?
There are currently no comparable homes to 199 Althea Road.