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Commerce 75428
2504 Washington Street
$78,000
● House - Off Market

2504 Washington Street

Commerce, TX 75428
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,039 Ft²
$126,128
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Large living , Den with walk in closet, Solar Tubes, large sunroom with heat and air and sky lights.
Unit Size
2,039 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$47
Property Type
House
Property Taxes
$201
HOA Dues
-
Year Built
1950

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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 #14445186)

Price History

Date / Event Date Event Price
Dec 22, 2020 Sold
Premium
Sold
Oct 1, 2020 Listed by Chapin Real Estate $96,000
Listed by Chapin Real Estate

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,340
  • Lot Size Depth Feet: 2,050
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,039
  • Gross Building Area: 2,039
  • Building Area: 2,039
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,039
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MULLER ADDITION
  • Land Acres: 0000000329
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: S4125 MULLER ADDITION BLK 1 LOT 1 ACRES .3292

Neighborhood

  • School District Name: Commerce Independent School District
  • Census Tract: 960600

Geography

  • Assessors Map Reference: 178-M
  • Parcel: 52306
  • Block: 1
  • Lot: 1
  • Municipality: CITY OF COMMERCE
  • Latitude: 33.2389
  • Longitude: -95.8999

    Address

  • Full Address: 2504 Washington St
  • Address - House Number: 2504
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: TX
  • City Name: Commerce
  • Carrier Code: C002
  • 4-Digit Zip Code: 3521
  • Zip Code: 75428

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $539,254
  • Tax Rate Code Area: SCO

    Appraisal Valuation

  • Standard Deviation: 0.215
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 252,325
  • High Value: 306,591
  • Low Value: 198,058

    Market Valuation

  • Market Total Value: $208,190
  • Market Land Value: $35,280
  • Market Improvement Value: $172,910

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $208,190
  • Assessed Land Value: $35,280
  • Assessed Improvements Value: $172,910

    Sales

  • Current Sale Contract Date: Dec 22, 2020
  • Current Sale Recording Date: Dec 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020-23030
  • Previous Sale Recording Date: Jun 01, 2010
  • Previous Sale Contract Date: May 26, 2010
  • Previous Sale Amount: $45,630
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Commerce

Stats & Trends

Median Asking:

$226,950

Sale Price/ft²

$119

Below Asking

0.04%

Average Days on Market

85

Average Home Size

2012 ft²

Average Home Age

47.3 years

Currently For Sale

55 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 1228 Kennie Drive, TX, 75428

$1,695 /mo

  • 3 Beds
  • 3 Baths
  • 1,248 ft²
1228 Kennie Drive, TX, 75428 Listing by Jennifer Samples

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Terry Harris, Chapin Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14445186
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2504 Washington Street built and last sold?
The property at 2504 Washington Street was built in 1950 and last sold on Dec 22, 2020 for $72,500.
How much is this home worth?
The estimated value of the home located at 2504 Washington Street is $0.
What are some comparable homes to 2504 Washington Street?
There are currently no comparable homes to 2504 Washington Street.
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