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Lancaster 75146
202 E Hammond Street
$235,000
● House - Off Market

202 E Hammond Street

Lancaster, TX 75146
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,200 Ft²
$1,470
Est. Monthly
8.25%
Cap Rate

About This Property

Well maintained cornet lot home with upgraded bathrooms and an electrical sliding privacy fence. Makes it feel like home as soon as you enter the front door. With plenty of space to park vehicles in the back and still have space for gatherings or additional storage, this home has it all. Whether it's your first home, downsizing or adding to your investment portfolio. Upgraded simply safe doorbell camera and camaras around the house along with a smart nest thermostat, this home is move in ready!

Accessible to restaurants, shopping centers and parks.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$200
Property Type
House
Property Taxes
$291
HOA Dues
-
Year Built
1970

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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 #20621700)

Price History

Date / Event Date Event Price
Jul 19, 2024 Sold
Premium
Sold
Jun 12, 2024 In contract -
In contract
May 19, 2024 Listed by Decorative Real Estate $240,000
Listed by Decorative Real Estate
Feb 1, 2019 No longer available -
No longer available

Property Highlights

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 560
  • Total Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: T J BEESLEYS 2
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: A11
  • State Land Use Code: A11
  • Legal Description 1: T J BEESLEYS 2 BLK 3 LOT 8 INT201800299126 DD11062018 CO-DC 0035000300800 4CN00350003

Neighborhood

  • School District Name: Lancaster Independent School District
  • School Tax School District: LANCASTER ISD
  • Census Tract: 016803

Zoning

  • Zoning: Z353

Geography

  • Assessors Map Reference: 360035000300800
  • Account Number: 360035000300800
  • Subdivision Tract Number: 350
  • Parcel: 36-00350-003-008-0000
  • Block: 3
  • Lot: 8
  • Municipality: LANCASTER
  • Latitude: 32.601
  • Longitude: -96.7547

    Address

  • Full Address: 202 E Hammond St
  • Address - House Number: 202
  • Street Direction: E
  • Address - Street Name: Hammond
  • Address - Suffix Type: St
  • State: TX
  • City Name: Lancaster
  • Carrier Code: C002
  • 4-Digit Zip Code: 1626
  • Zip Code: 75146

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $383,233
  • Tax Rate Code Area: LS

    Appraisal Valuation

  • Standard Deviation: 0.2369
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 222,689
  • High Value: 275,464
  • Low Value: 169,914

    Market Valuation

  • Market Total Value: $144,640
  • Market Land Value: $21,600
  • Market Improvement Value: $123,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $144,640
  • Assessed Land Value: $21,600
  • Assessed Improvements Value: $123,040

    Sales

  • Current Sale Contract Date: Nov 06, 2018
  • Current Sale Recording Date: Nov 09, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201800299126
  • Previous Sale Recording Date: Aug 06, 2018
  • Previous Sale Contract Date: Aug 03, 2018
  • Previous Sale Amount: $97,500
  • 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 Lancaster

Stats & Trends

Median Asking:

$285,000

Sale Price/ft²

$156

Below Asking

0.03%

Average Days on Market

64

Average Home Size

2057 ft²

Average Home Age

33.8 years

Currently For Sale

100 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

Unit for rent at 821 Rea Avenue, Lancaster, TX, 75146

$1,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,432 ft²
821 Rea Avenue, Lancaster, TX, 75146 Listing by Deborah Carter
Unit for rent at 1031 Cresthaven Drive, Lancaster, TX, 75134

$1,895 /mo

  • 3 Beds
  • 2 Baths
  • 1,428 ft²
1031 Cresthaven Drive, Lancaster, TX, 75134 Listing by Donna Lasater

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Bryan Alvidrez, Decorative Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20621700
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 202 East Hammond built and last sold?
The property at 202 East Hammond was built in 1970 and last sold on Nov 6, 2018 for $155,000.
How much is this home worth?
The estimated value of the home located at 202 East Hammond is $0.
What are some comparable homes to 202 East Hammond?
There are currently no comparable homes to 202 East Hammond.
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