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Abilene 79606 Chimney Rock Area
2309 Gathright Drive
$365,000
● House - Off Market

2309 Gathright Drive

Abilene, TX 79606
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,606 Ft²
$2,347
Est. Monthly
3.86%
Cap Rate

About This Property

BEAUTIFUL 3 BEDROOM 3.5 BATH BRICK HOME CENTRAL HEAT AND AIR, GAS BURNING FIREPLACE, GREAT LOCATION ON QUIET SOUTHSIDE CUL DE SAC, , NEW MICRO-WAVE, NEW DISH WASHER, 2606 SQ. FT. NEW CARPET AND NEW LAMINATE FLOORING, LARGE PANTRY, LARGE WALKIN CLOSET, ALL NEW LIGHT FIXTURES AND CEILING FANS, NEW PRIVACEY WOOD FENCE, LARGE BACKYARD, 2 CENTRAL HEAT AND AIR UNITS, GRANITE COUNTER TOPS, BEAUTIFUL STAIR CASE, 2 STORY WITH JACUZZI TUB. BETTER HURRY THIS HOUSE WANT LAST LONG.
Unit Size
2,606 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$148
Property Type
House
Property Taxes
$457
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 #20480716)

Price History

Date / Event Date Event Price
Apr 10, 2024 Sold
Premium
Sold
Nov 20, 2023 Listed by Tootie Kelly Real Estate $385,000
Listed by Tootie Kelly Real Estate

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,680
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,120
  • Total Building Area: 3,134
  • Gross Building Area: 3,134
  • Building Area: 2,606
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,606
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CANYON ROCK LAKE SEC 1
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: CANYON ROCK LAKE SEC 1, BLOCK A, LOT 16

Neighborhood

  • School District Name: Abilene Independent School District
  • Census Tract: 012702

Geography

  • Parcel: 24529
  • Block: A
  • Lot: 16
  • Municipality: ABILENE
  • Latitude: 32.3899
  • Longitude: -99.7529

    Address

  • Full Address: 2309 Gathright Dr
  • Address - House Number: 2309
  • Address - Street Name: Gathright
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Abilene
  • Carrier Code: C084
  • 4-Digit Zip Code: 3645
  • Zip Code: 79606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $547,844
  • Tax Rate Code Area: SAB

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 453,988
  • High Value: 522,517
  • Low Value: 385,459

    Market Valuation

  • Market Total Value: $237,666
  • Market Land Value: $22,015
  • Market Improvement Value: $215,651

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $237,666
  • Assessed Land Value: $22,015
  • Assessed Improvements Value: $215,651

    Sales

  • Current Sale Contract Date: Mar 08, 2023
  • Current Sale Recording Date: Apr 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 5957
  • Previous Sale Recording Date: Mar 22, 2023
  • Previous Sale Contract Date: Mar 07, 2023
  • Previous Sale Amount: $165,000
  • 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 Chimney Rock Area

Stats & Trends

Median Asking:

$339,450

Sale Price/ft²

$170

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2354 ft²

Average Home Age

40.9 years

Currently For Sale

18 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 2610 Woodard Street, Abilene, TX, 79605

$1,895 /mo

  • 3 Beds
  • 1 Bath
  • 1,390 ft²
2610 Woodard Street, Abilene, TX, 79605 Listing by Michael Powell
Unit for rent at 3848 Crossroads Drive, Abilene, TX, 79605

$1,895 /mo

  • 2 Beds
  • 1 Bath
  • 1,120 ft²
3848 Crossroads Drive, Abilene, TX, 79605 Listing by Ron Harrell

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Tootie Kelly, Tootie Kelly Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20480716
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2309 Gathright Drive built and last sold?
The property at 2309 Gathright Drive was built in 1988 and last sold on Mar 8, 2023 for $219,450.
How much is this home worth?
The estimated value of the home located at 2309 Gathright Drive is $0.
What are some comparable homes to 2309 Gathright Drive?
There are currently no comparable homes to 2309 Gathright Drive.
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