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Azle 76020 Old Cobweb Park
220 Spruce Circle
$255,000
● House - Off Market

220 Spruce Circle

Azle, TX 76020
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,324 Ft²
$1,609
Est. Monthly
8.12%
Cap Rate

About This Property

This is a cutie in the works.  White painted brick 3 bedrooms 2 bath and 2 Car Garage...Home has small court area in the front and really nice screened in porch in the back.  Fenced yard with additional deck and storage building...
Unit Size
1,324 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$200
Property Type
House
Property Taxes
$308
HOA Dues
-
Year Built
1988

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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 #20559281)

Price History

Date / Event Date Event Price
Jun 28, 2024 Sold
Premium
Sold
Jun 6, 2024 Price Decreased $264,900
↓ $10K (3.7%)
Price Decreased
Jun 6, 2024 In contract -
In contract
Mar 12, 2024 Listed by Marsha Hardin Real Estate LLC $275,000
Listed by Marsha Hardin Real Estate LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 2
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,106
  • Total Building Area: 1,324
  • Gross Building Area: 1,324
  • Building Area: 1,324
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,324
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHWOODS ADDITION
  • Land Acres: 0000000163
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A
  • Legal Description 1: HIGHWOODS ADDITION BLOCK 1 LOT 26

Neighborhood

  • School District Name: Azle Independent School District
  • School Tax School District: AZLE
  • Census Tract: 114204

Geography

  • Assessors Map Reference: 29-H
  • Account Number: 05867150
  • District: 001
  • Parcel: 05867150
  • Block: 1
  • Lot: 26
  • Municipality: AZLE
  • Latitude: 32.8918
  • Longitude: -97.5254

    Address

  • Full Address: 220 Spruce Cir
  • Address - House Number: 220
  • Address - Street Name: Spruce
  • Address - Suffix Type: Cir
  • State: TX
  • City Name: Azle
  • Carrier Code: C006
  • 4-Digit Zip Code: 3364
  • Zip Code: 76020

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $132,181
  • Tax Rate Code Area: 915

    Appraisal Valuation

  • Standard Deviation: 0.2717
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 68
  • Final Value: 266,083
  • High Value: 326,630
  • Low Value: 205,535

    Market Valuation

  • Market Total Value: $220,660
  • Market Land Value: $24,465
  • Market Improvement Value: $196,195

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $220,660
  • Assessed Land Value: $24,465
  • Assessed Improvements Value: $196,195

    Sales

  • Current Sale Contract Date: Apr 23, 2007
  • Current Sale Recording Date: May 14, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: D207165478
  • Previous Sale Recording Date: Jan 12, 2007
  • Previous Sale Contract Date: Jan 03, 2007
  • Previous Sale Amount: $96,000
  • 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 Old Cobweb Park

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$174

Below Asking

0.03%

Average Days on Market

69

Average Home Size

1462 ft²

Average Home Age

63.5 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

Unit for rent at 204 Asheville Street, Azle, TX, 76020

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,503 ft²
204 Asheville Street, Azle, TX, 76020 Listing by Maria Gonzalez
Unit for rent at 404 Greenleaf Drive, Azle, TX, 76020

$2,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,763 ft²
404 Greenleaf Drive, Azle, TX, 76020 Listing by Juan Torres

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Gilda Brawley, Marsha Hardin Real Estate LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20559281
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 220 Spruce Circle built and last sold?
The property at 220 Spruce Circle was built in 1988 and last sold on Apr 23, 2007 for $90,000.
How much is this home worth?
The estimated value of the home located at 220 Spruce Circle is $0.
What are some comparable homes to 220 Spruce Circle?
There are currently no comparable homes to 220 Spruce Circle.
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