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Ballinger 76821
208 Hamilton Avenue
$25,000
● House - Off Market

208 Hamilton Avenue

Ballinger, TX 76821
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,313 Ft²
$19,776
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Wow...so much potential with such a great price makes this a perfect first home or rental investment in Ballinger, TX!  This property has a clean slate waiting for you to complete your renovation magic!  Rewatch some HGTV shows, draw up some designs...then bring your tools and decorating ideas and let your imagination run wild! The interior has had all the demolition work already completed-so you can rebuild this home in any configuration and design that you'd like!  Sold strictly as-is...but priced to sell!
Unit Size
1,313 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$15
Property Type
House
Property Taxes
$199
HOA Dues
-
Year Built
1960

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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 #20409408)

Price History

Date / Event Date Event Price
Sep 26, 2023 Sold
Premium
Sold
Aug 17, 2023 Listed by Coldwell Banker Apex, REALTORS $19,900
Listed by Coldwell Banker Apex, REALTORS

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 325
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,937
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,853
  • Gross Building Area: 2,853
  • Building Area: 2,853
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,313
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILKE TERRACE ADDITION
  • Land Acres: 0000000136
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LOT: 1; S10' OF 2 BLK: 15 SUBD: WILKE TERRACE

Neighborhood

  • School District Name: Ballinger Independent School District
  • Census Tract: 950600

Geography

  • Account Number: 36200.0150.00100
  • Parcel: R000010402
  • Block: 15
  • Municipality: BALLINGER
  • Latitude: 31.7512
  • Longitude: -99.9548

    Address

  • Full Address: 208 Hamilton Ave
  • Address - House Number: 208
  • Address - Street Name: Hamilton
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Ballinger
  • Carrier Code: C001
  • 4-Digit Zip Code: 4114
  • Zip Code: 76821

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $253,063
  • Tax Rate Code Area: 10 200 30

    Appraisal Valuation

  • Standard Deviation: 0.2698
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 108,217
  • High Value: 137,418
  • Low Value: 79,016

    Market Valuation

  • Market Total Value: $121,200
  • Market Land Value: $1,940
  • Market Improvement Value: $119,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $121,200
  • Assessed Land Value: $1,940
  • Assessed Improvements Value: $119,260

    Sales

  • Current Sale Contract Date: Oct 02, 2023
  • Current Sale Recording Date: Oct 02, 2023
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 231353
  • Previous Sale Recording Date: Jul 19, 2023
  • Previous Sale Contract Date: Jul 19, 2023
  • Previous Sale Amount: $66,400
  • Previous Sale Document Type: 69
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 Ballinger

Stats & Trends

Median Asking:

$92,500

Sale Price/ft²

$95

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1286 ft²

Average Home Age

75 years

Currently For Sale

2 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: Tony Panian Jr., Coldwell Banker Apex, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20409408
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 208 Hamilton Avenue built and last sold?
The property at 208 Hamilton Avenue was built in 1960 and last sold on Oct 2, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 208 Hamilton Avenue is $0.
What are some comparable homes to 208 Hamilton Avenue?
There are currently no comparable homes to 208 Hamilton Avenue.
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