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Corsicana 75110
2425 Park Place
$149,250
● House - Off Market

2425 Park Place

Corsicana, TX 75110
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,098 Ft²
$164,430
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Beautiful picture perfect garden home. Enjoy wood floors as well as energy efficient foam insulation. Cozy up to the gas log fireplace in the winter months. Lovely landscaping all around this great stone garden home!
Unit Size
1,098 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$136
Property Type
House
Property Taxes
$246
HOA Dues
-
Year Built
2009

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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 #14720014)

Price History

Date / Event Date Event Price
Dec 22, 2021 Sold
Premium
Sold
Dec 3, 2021 Listed by Keller Williams Lonestar DFW $149,250
Listed by Keller Williams Lonestar DFW

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,403
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,098
  • Gross Building Area: 1,744
  • Building Area: 1,098
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,098
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARK PLACE ADDITION
  • Land Acres: 0000000147
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: C0000 CORSICANA BLK 622 LOT 7 .147 ACRES

Neighborhood

  • School District Name: Corsicana Independent School District
  • School Tax School District: RBC SCO
  • Census Tract: 970301

Geography

  • Account Number: C0000.00.06220.007.00.0
  • Parcel: 62781
  • Block: 622
  • Lot: 7
  • Municipality: CORSICANA
  • Latitude: 32.087
  • Longitude: -96.4927

    Address

  • Full Address: 2425 Park Pl
  • Address - House Number: 2425
  • Address - Street Name: Park
  • Address - Suffix Type: Pl
  • State: TX
  • City Name: Corsicana
  • Carrier Code: C009
  • 4-Digit Zip Code: 2567
  • Zip Code: 75110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $296,170
  • Tax Rate Code Area: CCO GNV JC

    Appraisal Valuation

  • Standard Deviation: 0.453
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 9
  • Final Value: 133,734
  • High Value: 194,328
  • Low Value: 73,139

    Market Valuation

  • Market Total Value: $187,420
  • Market Land Value: $19,170
  • Market Improvement Value: $168,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $187,420
  • Assessed Land Value: $19,170
  • Assessed Improvements Value: $168,250

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 22, 2021
  • Current Sale Recording Date: Dec 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 14017
  • Previous Sale Recording Date: Apr 02, 2019
  • Previous Sale Contract Date: Mar 25, 2019
  • Previous Sale Amount: $127,500
  • Previous Sale Document Type: 40
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 Corsicana

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$146

Below Asking

0.03%

Average Days on Market

78

Average Home Size

1847 ft²

Average Home Age

58 years

Currently For Sale

116 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 1221 W 2nd Avenue, Corsicana, TX, 75110

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 700 ft²
1221 W 2nd Avenue #A, Corsicana, TX, 75110 Listing by Pamela Dillard Kirby

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Denise Harper, Keller Williams Lonestar DFW
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14720014
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2425 Park Place built and last sold?
The property at 2425 Park Place was built in 2009 and last sold on Dec 22, 2021 for $158,802.
How much is this home worth?
The estimated value of the home located at 2425 Park Place is $151,390.
What are some comparable homes to 2425 Park Place?
There are currently no comparable homes to 2425 Park Place.
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