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Alvord 76225
207 Summit Street
$203,000
● House - Off Market

207 Summit Street

Alvord, TX 76225
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,354 Ft²
$201,551
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Pride of ownership is the hallmark of this well maintained home in the charming town of Alvord, TX. The property features an open concept with a eat in kitchen, luxury vinyl plank throughout, and a large double lot. Home also features a recently installed solar panel system which will convey to the new owner. This home is priced well and won't last long!
Unit Size
1,354 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$148
Property Type
House
Property Taxes
$301
HOA Dues
-
Year Built
2003

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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 #20282348)

Price History

Date / Event Date Event Price
May 18, 2023 No longer available -
No longer available
May 17, 2023 Sold
Premium
Sold
Apr 22, 2023 In contract -
In contract
Apr 15, 2023 No longer available -
No longer available
Apr 8, 2023 Listed by Home Team Realty Texas, LLC $200,000
Listed by Home Team Realty Texas, LLC
Pride of ownership is the hallmark of this well maintained home in the charming town of Alvord, TX. The property features an open concept with a eat in kitchen, luxury vinyl plank throughout, and a large double lot. Home also features a recently installed solar panel system which will convey to the new owner. This home is priced well and won't last long! The manager has listed the unit size as 1354 square feet.
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Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • 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: 20
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 580
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,339
  • Building Area: 1,339
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,339
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRIO ADDITION
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LT: PT2-3 BLK: 2 TRIO ADDITION 0.2500 ACRES

Neighborhood

  • School District Name: Alvord Independent School District
  • School Tax School District: ALVORD ISD
  • School Tax District Code 2: FM FLOOD-LATERA
  • School Tax District Code 3: WCID #1
  • Census Tract: 150300

Geography

  • Assessors Map Reference: AIR MAP: COA
  • Account Number: 000000773375
  • District: CAL
  • Parcel: S2940.0002.01
  • Block: 2
  • Lot: 2-3
  • Municipality: CITY OF ALVORD
  • Latitude: 33.3664
  • Longitude: -97.6947

    Address

  • Full Address: 207 Summit St
  • Address - House Number: 207
  • Address - Street Name: Summit
  • Address - Suffix Type: St
  • State: TX
  • City Name: Alvord
  • Carrier Code: R003
  • 4-Digit Zip Code: 5068
  • Zip Code: 76225

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $365,201
  • Tax Rate Code Area: CAL,LTR,SA

    Appraisal Valuation

  • Standard Deviation: 0.2549
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 254,457
  • High Value: 319,340
  • Low Value: 189,574

    Market Valuation

  • Market Total Value: $226,194
  • Market Land Value: $49,005
  • Market Improvement Value: $177,189

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $226,194
  • Assessed Land Value: $49,005
  • Assessed Improvements Value: $177,189

    Sales

  • Current Sale Contract Date: May 17, 2023
  • Current Sale Recording Date: May 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 6377
  • Previous Sale Recording Date: Oct 08, 2013
  • Previous Sale Contract Date: Oct 08, 2013
  • Previous Sale Amount: $94,500
  • Previous Sale Document Type: 70

    Financing

  • First Mortgage Financing Type: ADJ
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 Alvord

Stats & Trends

Median Asking:

$242,490

Sale Price/ft²

$144

Below Asking

0.06%

Average Days on Market

113

Average Home Size

1856 ft²

Average Home Age

20.4 years

Currently For Sale

18 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 309 W Lamar Street, Alvord, TX, 76225

$3,000 /mo

  • 4 Beds
  • 2 Baths
  • 2,656 ft²
309 W Lamar Street, Alvord, TX, 76225 Listing by Judi Greely
Unit for rent at 204 S Wickham Street, Alvord, TX, 76225

$1,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,203 ft²
204 S Wickham Street, Alvord, TX, 76225 Listing by Travis Hitt

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Rocky Presley, MARK SPAIN REAL ESTATE
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20282348
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 207 Summit Street built and last sold?
The property at 207 Summit Street was built in 2003 and last sold on May 17, 2023 for $215,992.
How much is this home worth?
The estimated value of the home located at 207 Summit Street is $0.
What are some comparable homes to 207 Summit Street?
There are currently no comparable homes to 207 Summit Street.
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