$265,000 Last Listed Price
●
House -
Off Market
240 Spring Avenue
Shepherd, TX 77371
4 Beds
2 Baths
1,632 Ft²
$1,554
Est. Monthly
About This Property
Looking to enjoy the quiet country life, close to Lake Livingston??
Look no further. This beautiful home is located in the small town
of Shepherd on FM 222, which is just a short distance from Lake
Livingston Dam, Lake Livingston State Park and easy access to I-69.
This home has had many recent upgrades. The HVAC System was
recently updated. The metal roof was recently added. New carpet in
all the bedrooms. Engineered tile flooring was recently installed
in the living area. The interior has fresh paint in most areas
(bedrooms). A huge asset compared to most homes, This home has a
huge laundry room. A privacy fence surrounds the spacious back
yard, with plenty of room to add a pool, park an RV or even enough
room for a small garden. Local area attractions include a community
park with basketball court under a covered pavilion, baseball
fields, Coldspring Courthouse Square (where events are frequently
held), camping at Wolf Creek Park or Double Lake Recreation Area.
Call for a tour today
Unit Size
1,632 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$162
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1977
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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: 5 months ago (HAR #98198644)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 8, 2024 | Sold | ||
| Sold | |||
| Dec 4, 2023 | Listed by JLA Realty | $265,000 | |
| Listed by JLA Realty | |||
| | |||
|
Looking to enjoy the quiet country life, close to Lake Livingston?? Look no further. This beautiful home is located in the small town of Shepherd on FM 222, which is just a short distance from Lake Livingston Dam, Lake Livingston State Park and easy access to I-69. This home has had many recent upgrades. The HVAC System was recently updated. The metal roof was recently added. New carpet in all the bedrooms. Engineered tile flooring was recently installed in the living area. The interior has fresh paint in most areas (bedrooms). A huge asset compared to most homes, This home has a huge laundry room. A privacy fence surrounds the spacious back yard, with plenty of room to add a pool, park an RV or even enough room for a small garden. Local area attractions include a community park with basketball court under a covered pavilion, baseball fields, Coldspring Courthouse Square (where events are frequently held), camping at Wolf Creek Park or Double Lake Recreation Area. Call for a tour today
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Shepherd
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Tommy Bowen, JLA Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 98198644
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Last Updated: 5 months ago
Data Source: HAR , MLS# 98198644
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