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Abilene 79601 North College
2581 Grape Street
$70,000
● House - Off Market

2581 Grape Street

Abilene, TX 79601
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,008 Ft²
$458
Est. Monthly
13.96%
Cap Rate

About This Property

Quick walk to HSU and Neighborhood Walmart. This two bedroom, possibly 3 bedroom home with central heat and air and new exterior paint. Priced for new owner to make upgrades. Spacious backyard with two storage buildings. To be SOLD as-is.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$79
Property Type
House
Property Taxes
$66
HOA Dues
-
Year Built
1959

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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 #20648555)

Price History

Date / Event Date Event Price
Feb 12, 2025 Sold
Premium
Sold
Sep 7, 2024 In contract -
In contract
Jun 17, 2024 Listed by Dalzell $79,900
Listed by Dalzell

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,950
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 530
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH PARK ADDN
  • Land Acres: 0000000183
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: NORTH PARK ADDN, BLOCK 14, LOT S52.5 N105 W140 LT 4 & 10 OF ALLEY

Neighborhood

  • School District Name: Abilene Independent School District
  • Census Tract: 010200

Geography

  • Parcel: 76492
  • Block: 14
  • Lot: 4
  • Municipality: ABILENE
  • Latitude: 32.4803
  • Longitude: -99.7392

    Address

  • Full Address: 2581 Grape St
  • Address - House Number: 2581
  • Address - Street Name: Grape
  • Address - Suffix Type: St
  • State: TX
  • City Name: Abilene
  • Carrier Code: C006
  • 4-Digit Zip Code: 1842
  • Zip Code: 79601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $78,655
  • Tax Rate Code Area: CAB

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 95,274
  • High Value: 116,303
  • Low Value: 74,244

    Market Valuation

  • Market Total Value: $52,402
  • Market Land Value: $3,180
  • Market Improvement Value: $49,222

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,122

    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 North College

Stats & Trends

Median Asking:

$199,900

Sale Price/ft²

$153

Below Asking

0.05%

Average Days on Market

61

Average Home Size

855 ft²

Average Home Age

77.2 years

Currently For Sale

5 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 1750 N 5th Street, Abilene, TX, 79603

$950 /mo

  • 1 Bed
  • 1 Bath
  • 450 ft²
1750 N 5th Street #210, Abilene, TX, 79603 Listing by Jamie Dalzell
Unit for rent at 2410 N Willis Street, Bradshaw, TX, 79603

$1,100 /mo

  • 1 Bed
  • 1 Bath
  • 645 ft²
2410 N Willis Street, Bradshaw, TX, 79603 Listing by Judy Crosson

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Jamie Dalzell, Dalzell
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20648555
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2581 Grape Street built and last sold?
The property at 2581 Grape Street was built in 1959 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2581 Grape Street is $80,699.
What are some comparable homes to 2581 Grape Street?
There are currently no comparable homes to 2581 Grape Street.
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