$360,000 Last Listed Price
●
House -
Off Market
209 Piney Ridge Drive
Bastrop, TX 78602
3 Beds
2 Baths
1,863 Ft²
$359,018
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
FANTASTIC OPPORTUNITY!!!!! This cute fixer-upper is a split
floor plan, one-story (3-2-2) sitting on 1.043 acres with extra
driveway/parking area. BRAND NEW OWENS CORNING 30-YEAR ROOF
AND FULL GUTTERS INSTALLED 3/17/2023. Home can use that "personal
touch" inside to update into a super cute farmhouse style home that
could be a weekend home or turned into a lucrative investment
property! Septic is an Aerobic system under maintenance
contract and is serviced every 4 months. Located Minutes
from Buc'ees and beautiful downtown Bastrop. Easy drive via Hwy 71
to Tesla Giga Plant, Austin Bergstrom Airport, Circuit of the
Americas (COTA), and downtown Austin. A short drive to Bastrop
State Park, Lake Bastrop, and McKinney Falls State Park. THE
AUSTIN AREA IS STEADILY GROWING - GRAB THIS ONE WHILE YOU CAN!
Unit Size
1,863 Ft²
Days on Market
-
Land Size
1.04 acres
Price per sqft
$193
Property Type
House
Property Taxes
$548
HOA Dues
-
Year Built
2001
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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: 6 months ago (HAR #72900172)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2023 | Sold | ||
| Sold | |||
| Mar 15, 2023 | Listed by JLA Realty | $360,000 | |
| Listed by JLA Realty | |||
| | |||
|
FANTASTIC OPPORTUNITY!!!!! This cute fixer-upper is a split floor plan, one-story (3-2-2) sitting on 1.043 acres with extra driveway/parking area. BRAND NEW OWENS CORNING 30-YEAR ROOF AND FULL GUTTERS INSTALLED 3/17/2023. Home can use that "personal touch" inside to update into a super cute farmhouse style home that could be a weekend home or turned into a lucrative investment property! Septic is an Aerobic system under maintenance contract and is serviced every 4 months. Located Minutes from Buc'ees and beautiful downtown Bastrop. Easy drive via Hwy 71 to Tesla Giga Plant, Austin Bergstrom Airport, Circuit of the Americas (COTA), and downtown Austin. A short drive to Bastrop State Park, Lake Bastrop, and McKinney Falls State Park. THE AUSTIN AREA IS STEADILY GROWING - GRAB THIS ONE WHILE YOU CAN!
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Piney Ridge
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Dana Sharp, JLA Realty
Last Updated: 6 months ago
Data Source: HAR , MLS# 72900172
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Last Updated: 6 months ago
Data Source: HAR , MLS# 72900172
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