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Henderson 75751
224 Colonial Circle
$262,500
● House - Off Market

224 Colonial Circle

Athens, TX 75751
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,851 Ft²
$264,943
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Charming ranch-style home in the desirable Colonial Circle neighborhood.  Split bedroom layout with home office, eat-in kitchen, second living area, and fabulous outdoor living space with a screened porch and a free-standing covered patio.  Convenient location for quick access to Loop 7, US Highway 175, and in-town dining and retail.
Unit Size
1,851 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$143
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1980

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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 #20302736)

Price History

Date / Event Date Event Price
Jun 5, 2023 Sold
Premium
Sold
Apr 13, 2023 Listed by TX Lake & Land Real Estate $264,500
Listed by TX Lake & Land Real Estate

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 616
  • Parking Space Count: 3
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,082
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 1,851
  • Gross Building Area: 1,851
  • Building Area: 1,851
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,851
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONIAL ACRES (37)
  • Land Acres: 0000000346
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LT 13 AB 170 G CLARK SUR, COLONIAL ACRES SUBD, BLK 1 LT 13

Neighborhood

  • School District Name: Athens Independent School District
  • School Tax School District: ATHENS ISD
  • Census Tract: 951300

Geography

  • Assessors Map Reference: 40X
  • Account Number: R000039516
  • Parcel: 2470-0001-0130-00
  • Block: 1
  • Lot: 13
  • Municipality: ATHENS
  • Latitude: 32.1907
  • Longitude: -95.8289

    Address

  • Full Address: 224 Colonial Cir
  • Address - House Number: 224
  • Address - Street Name: Colonial
  • Address - Suffix Type: Cir
  • State: TX
  • City Name: Athens
  • Carrier Code: R005
  • 4-Digit Zip Code: 6266
  • Zip Code: 75751

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $187,386
  • Tax Rate Code Area: AT,HC,HE,H

    Appraisal Valuation

  • Standard Deviation: 0.4461
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 10
  • Final Value: 185,881
  • High Value: 268,820
  • Low Value: 102,941

    Market Valuation

  • Market Total Value: $261,323
  • Market Land Value: $10,000
  • Market Improvement Value: $251,323

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $193,390
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $251,323

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 31, 2023
  • Current Sale Recording Date: May 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7872
  • Previous Sale Recording Date: May 12, 2015
  • Previous Sale Contract Date: May 08, 2015
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: 70
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 Henderson

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$187

Below Asking

0.04%

Average Days on Market

95

Average Home Size

2087 ft²

Average Home Age

2.8 years

Currently For Sale

660 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 722 1/2 S Prarieville, Athens, TX, 75751

$1,450 /mo

  • 2 Beds
  • 1 Bath
  • 1,043 ft²
722 1/2 S Prarieville, Athens, TX, 75751 Listing by Caden Earley

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Matthew Wood, TX Lake & Land Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20302736
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 224 Colonial Circle built and last sold?
The property at 224 Colonial Circle was built in 1980 and last sold on May 31, 2023 for $338,651.
How much is this home worth?
The estimated value of the home located at 224 Colonial Circle is $271,327.
What are some comparable homes to 224 Colonial Circle?
There are currently no comparable homes to 224 Colonial Circle.
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