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Abilene 79603 Sears Park Area
2533 Minter Lane
$82,500
● House - Off Market

2533 Minter Lane

Abilene, TX 79603
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,127 Ft²
$562
Est. Monthly
17.66%
Cap Rate

About This Property

Looking for a great investment or a home you can truly make your own? This 3-bedroom, 2-bathroom gem offers a spacious kitchen, perfect for cooking and entertaining, plus a separate dining area for family meals. A sliding glass door opens up to the large shaded backyard, creating a seamless flow between indoor and outdoor spaces. The backyard also features a storage shed, ideal for additional belongings. With just a little TLC, this house could transform into the perfect place to call home! Whether you're an investor or someone ready to add personal touches, this home is priced right, sold as is, and full of possibilities!
Unit Size
1,127 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$75
Property Type
House
Property Taxes
$144
HOA Dues
-
Year Built
1962

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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: 2 years ago (NTREIS #20746191)

Price History

Date / Event Date Event Price
Oct 31, 2024 Sold
Premium
Sold
Oct 9, 2024 In contract -
In contract
Oct 4, 2024 Listed by Bray Real Estate Group- Abilene $85,000
Listed by Bray Real Estate Group- Abilene

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 286
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,493
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 590
  • Total Building Area: 1,413
  • Gross Building Area: 1,413
  • Building Area: 1,127
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,127
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLOW BROOK SEC 1
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: WILLOW BROOK SEC 1, BLOCK 39, LOT 44, CONT

Neighborhood

  • School District Name: Abilene Independent School District
  • Census Tract: 010300

Geography

  • Parcel: 60463
  • Block: 39
  • Lot: 44
  • Municipality: ABILENE
  • Latitude: 32.4799
  • Longitude: -99.7656

    Address

  • Full Address: 2533 Minter Ln
  • Address - House Number: 2533
  • Address - Street Name: Minter
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Abilene
  • Carrier Code: C043
  • 4-Digit Zip Code: 2069
  • Zip Code: 79603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $156,878
  • Tax Rate Code Area: SAB

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 128,810
  • High Value: 157,242
  • Low Value: 100,378

    Market Valuation

  • Market Total Value: $84,396
  • Market Land Value: $2,997
  • Market Improvement Value: $81,399

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,057

    Exemptions

  • Homeowner Exemption: Yes
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 Sears Park Area

Stats & Trends

Median Asking:

$175,000

Sale Price/ft²

$138

Below Asking

0.02%

Average Days on Market

48

Average Home Size

1381 ft²

Average Home Age

62.3 years

Currently For Sale

7 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 910 Westmoreland Street, Abilene, TX, 79603

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,345 ft²
910 Westmoreland Street, Abilene, TX, 79603 Listing by Judy Crosson
Unit for rent at 917 N Danville Drive, Abilene, TX, 79603

$1,495 /mo

  • 3 Beds
  • 1 Bath
  • 991 ft²
917 N Danville Drive, Abilene, TX, 79603 Listing by Michael Powell

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Ashley Hernandez, Bray Real Estate Group- Abilene
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20746191
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2533 Minter Lane built and last sold?
The property at 2533 Minter Lane was built in 1962 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2533 Minter Lane is $90,509.
What are some comparable homes to 2533 Minter Lane?
There are currently no comparable homes to 2533 Minter Lane.
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