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Potosi 79602
2015 Lance Lane
$242,400
● House - Off Market

2015 Lance Lane

Abilene, TX 79602
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,568 Ft²
$248,970
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Peaceful & private! 3 bedroom 2 bathroom ranch style home with a 2 car attached garage.
Unit Size
1,568 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$159
Property Type
House
Property Taxes
$177
HOA Dues
-
Year Built
1994

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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 #20421662)

Price History

Date / Event Date Event Price
Oct 24, 2023 Sold
Premium
Sold
Sep 5, 2023 Listed by KW SYNERGY* $249,900
Listed by KW SYNERGY*

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 49,658
  • Lot Size Depth Feet: 4,150
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 2,096
  • Gross Building Area: 2,096
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: L A L NE/4
  • Land Acres: 0000001140
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: A1000 SUR 27 L A L NE/4, ACRES 1.

Neighborhood

  • School District Name: Wylie Independent School District
  • Census Tract: 013404

Geography

  • Parcel: 125161
  • Municipality: ABILENE
  • Latitude: 32.3425
  • Longitude: -99.6952

    Address

  • Full Address: 2015 Lance Ln
  • Address - House Number: 2015
  • Address - Street Name: Lance
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Abilene
  • Carrier Code: R017
  • 4-Digit Zip Code: 6325
  • Zip Code: 79602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $190,046
  • Tax Rate Code Area: SWY

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 223,896
  • High Value: 271,984
  • Low Value: 175,807

    Market Valuation

  • Market Total Value: $132,927
  • Market Land Value: $14,000
  • Market Improvement Value: $118,927

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $132,927
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $118,927

    Sales

  • Current Sale Contract Date: Oct 24, 2023
  • Current Sale Recording Date: Oct 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 17783
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 Potosi

Stats & Trends

Median Asking:

$449,900

Sale Price/ft²

$209

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2659 ft²

Average Home Age

15.6 years

Currently For Sale

12 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

Rentals Near You

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NTREIS

Listed by: Remy Locascio, KW SYNERGY*
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20421662
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2015 Lance Lane built and last sold?
The property at 2015 Lance Lane was built in 1994 and last sold on Oct 24, 2023 for $237,552.
How much is this home worth?
The estimated value of the home located at 2015 Lance Lane is $0.
What are some comparable homes to 2015 Lance Lane?
There are currently no comparable homes to 2015 Lance Lane.
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