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Brown 76801
2451 Thomas Drive
$349,000
● House - Off Market

2451 Thomas Drive

Brownwood, TX 76801
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,280 Ft²
$509,818
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

GOREGOUS CUSTOM BUILT 3 BED 2 BATH  HOME ON 14 .08 TREE COVERED ACRES IN AN EXCELLENT NEIGHBORHOOD. OPEN KITCHEN DINING AND LIVING AREA  CUSTOM CABINETS WITH GRANITE COUNTERTOPS, AND STAINLESS STEEL APPLIANCES. ROCK FIREPLACE WITH ELECTRIC INSERT, BARREL CEILING WITH RECESSED LIGHTING AND TILED FLOORS.  SPACIOUS MASTERSUITE WITH FRENCH DOORS LEADING TO THE COVERED PORCH. LARGE TILED SHOWER, DOUBLE VANITY SINKS WITH A WALK-IN CLOSET. SPLIT BEDROOM ARRANGEMENT WITH TWO BEDROOMS AND ONE BATH.  LAUNDRY ROOM WITH A HALF BATH ALSO.  LOTS OF STORAGE WITH A PANTRY, COAT CLOSET, AND A SITTING AREA  COVERED PORCHES ON THE FRONT AND BACK OF THE HOME WITH PIPE FENCING AROUND THE HOME. TWO CAR GARAGE WITH A TOOLING ROOM.
Unit Size
2,280 Ft²
Days on Market
-
Land Size
14.08 acres
Price per sqft
$153
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
2016

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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 #14225583)

Price History

Date / Event Date Event Price
Jan 6, 2020 Sold
Premium
Sold
Nov 11, 2019 Listed by Canda Rasberry & Assoc $349,900
Listed by Canda Rasberry & Assoc

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • 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: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 644
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 613,325
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,280
  • Gross Building Area: 5,649
  • Building Area: 2,280
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,280
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THOMAS RANCH ESTATES
  • Land Acres: 0000014080
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: THOMAS RANCH ESTATES, LOT 5, ACRES 14.08

Neighborhood

  • School District Name: Bangs Independent School District
  • Census Tract: 951300

Geography

  • Account Number: R8405-0005-00
  • Subdivision Tract Number: 5
  • Parcel: 75418
  • Lot: 5
  • Municipality: BROWNWOOD
  • Latitude: 31.6865
  • Longitude: -99.0619

    Address

  • Full Address: 2451 Thomas Dr
  • Address - House Number: 2451
  • Address - Street Name: Thomas
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Brownwood
  • Carrier Code: R009
  • 4-Digit Zip Code: 2504
  • Zip Code: 76801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $661,452
  • Tax Rate Code Area: GBC RRF SB

    Appraisal Valuation

  • Standard Deviation: 0.2395
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 656,054
  • High Value: 813,211
  • Low Value: 498,898

    Market Valuation

  • Market Total Value: $530,720
  • Market Land Value: $115,310
  • Market Improvement Value: $415,410

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $530,720
  • Assessed Land Value: $115,310
  • Assessed Improvements Value: $415,410

    Sales

  • Current Sale Contract Date: Jan 03, 2020
  • Current Sale Recording Date: Jan 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2000077
  • Previous Sale Recording Date: Mar 11, 2016
  • Previous Sale Contract Date: Mar 11, 2016
  • Previous Sale Amount: $42,500
  • 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 Brown

Stats & Trends

Median Asking:

$214,950

Sale Price/ft²

$144

Below Asking

0.03%

Average Days on Market

74

Average Home Size

1954 ft²

Average Home Age

-

Currently For Sale

215 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

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NTREIS

Listed by: Canda Rasberry, Canda Rasberry & Assoc
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14225583
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2451 Thomas Drive built and last sold?
The property at 2451 Thomas Drive was built in 2016 and last sold on Jan 3, 2020 for $447,500.
How much is this home worth?
The estimated value of the home located at 2451 Thomas Drive is $0.
What are some comparable homes to 2451 Thomas Drive?
There are currently no comparable homes to 2451 Thomas Drive.
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