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Potosi 79602
241 Hog Eye Road
$292,500
● House - Off Market

241 Hog Eye Road

Abilene, TX 79602
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,534 Ft²
$1,714
Est. Monthly
5.21%
Cap Rate

About This Property

This beautiful home is in the desirable POTOSI PRAIRIE neighborhood. It has a wonderful rural feel and open floor plan. The house sits on a large, half-acre lot and includes a fully fenced backyard. The layout features a split bedroom plan with a stunning kitchen. The primary bedroom boasts an incredible bathroom that is sure to suit all your needs! If you're looking for a country lifestyle, come check out this lovely home today!
Unit Size
1,534 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$189
Property Type
House
Property Taxes
$290
HOA Dues
-
Year Built
2017

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Cap Rate Calculator

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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: 3 years ago (NTREIS #20629537)

Price History

Date / Event Date Event Price
Jul 1, 2024 Sold
Premium
Sold
Jun 7, 2024 In contract -
In contract
Jun 1, 2024 Listed by KW SYNERGY* $289,900
Listed by KW SYNERGY*

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 490
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,867
  • Lot Size Depth Feet: 2,700
  • Lot Size Frontage Feet: 810
  • Total Building Area: 2,023
  • Gross Building Area: 2,023
  • Building Area: 1,533
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,533
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: POTOSI PRAIRIE ADDN SEC 2
  • Land Acres: 0000000502
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: POTOSI PRAIRIE ADDN SEC 2, BLOCK G, LOT 9, ACRES .502

Neighborhood

  • School District Name: Wylie Independent School District
  • Census Tract: 013404

Geography

  • Parcel: 1008183
  • Block: G
  • Lot: 9
  • Municipality: ABILENE
  • Latitude: 32.3242
  • Longitude: -99.6945

    Address

  • Full Address: 241 Hog Eye Rd
  • Address - House Number: 241
  • Address - Street Name: Hog Eye
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Abilene
  • Carrier Code: R017
  • 4-Digit Zip Code: 1395
  • Zip Code: 79602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $348,532
  • Tax Rate Code Area: SWY

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 302,243
  • High Value: 368,956
  • Low Value: 235,531

    Market Valuation

  • Market Total Value: $253,537
  • Market Land Value: $26,000
  • Market Improvement Value: $227,537

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $243,780

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 08, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021-00022961
  • Previous Sale Recording Date: Oct 05, 2017
  • Previous Sale Contract Date: Oct 04, 2017
  • Previous Sale Document Type: 71
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 Potosi

Stats & Trends

Median Asking:

$449,900

Sale Price/ft²

$209

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2722 ft²

Average Home Age

17.1 years

Currently For Sale

11 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

Rentals Near You

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NTREIS

Listed by: Remy Locascio, KW SYNERGY*
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20629537
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 241 Hog Eye Road built and last sold?
The property at 241 Hog Eye Road was built in 2017 and last sold on Oct 8, 2021 for $568,500.
How much is this home worth?
The estimated value of the home located at 241 Hog Eye Road is $0.
What are some comparable homes to 241 Hog Eye Road?
There are currently no comparable homes to 241 Hog Eye Road.
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