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Naples 75568
215 Willis Ave
$225,000
● House - Off Market

215 Willis Ave

Naples, TX 75568
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,450 Ft²
$250,891
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
Unit Size
1,450 Ft²
Days on Market
-
Land Size
14.21 acres
Price per sqft
$155
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001

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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 #14678099)

Price History

Date / Event Date Event Price
Nov 22, 2021 Sold
Premium
Sold
Sep 24, 2021 Listed by Mayben Realty, LLC $225,000
Listed by Mayben Realty, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Building Condition: 6
  • 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: 484
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,656
  • Gross Building Area: 2,656
  • Building Area: 2,656
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,450
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: F J STARR SURVEY A 252
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: CITY OF NAPLES, LT PT 1 BLK 83

Neighborhood

  • School District Name: Pewitt Consolidated Independent School District
  • Census Tract: 950100

Geography

  • Account Number: 16000083000030
  • Parcel: R000012115
  • Block: 83
  • Municipality: NAPLES
  • Latitude: 33.1928
  • Longitude: -94.6833

    Address

  • Full Address: 215 Willis Ave
  • Address - House Number: 215
  • Address - Street Name: Willis
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Naples
  • Carrier Code: R002
  • 4-Digit Zip Code: 5838
  • Zip Code: 75568

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $283,161
  • Tax Rate Code Area: CAD CN PS

    Appraisal Valuation

  • Standard Deviation: 0.2069
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 236,046
  • High Value: 284,903
  • Low Value: 187,188

    Market Valuation

  • Market Total Value: $139,060
  • Market Land Value: $4,410
  • Market Improvement Value: $134,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $139,060
  • Assessed Land Value: $4,410
  • Assessed Improvements Value: $134,650

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 17, 2021
  • Current Sale Recording Date: Nov 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021-002170
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 Naples

Stats & Trends

Median Asking:

$124,900

Sale Price/ft²

$80

Below Asking

0.12%

Average Days on Market

91

Average Home Size

1513 ft²

Average Home Age

43.4 years

Currently For Sale

8 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

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NTREIS

Listed by: Valarie Tucker, Mayben Realty, LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14678099
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 215 Willis Avenue built and last sold?
The property at 215 Willis Avenue was built in 2001 and last sold on Nov 17, 2021 for $224,800.
How much is this home worth?
The estimated value of the home located at 215 Willis Avenue is $0.
What are some comparable homes to 215 Willis Avenue?
There are currently no comparable homes to 215 Willis Avenue.
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