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Coleman 76834
2602 Riley Street
$129,000
● Mobile Manufactured - Off Market

2602 Riley Street

Coleman, TX 76834
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,128 Ft²
$772
Est. Monthly
17.32%
Cap Rate

About This Property

Immaculate  clean family home on the edge of town with large lot. This home features 2 living areas and one with wood burning fireplace , and an extra large primary suite with a spacious bathroom and large closet. The new roof is only a month old. The kitchen is very spacious with an open concept dinning area attached . The outdoors of this property features a very large lot with a fenced backyard , small storage building, lots of trees, covered carport, driveway to rear parking , rv plug , and an atmosphere that will welcome anyone with plenty of deer to admire while sitting on the covered back porch. Close to schools, shopping , and the local restaurants. This one is a rare find . Contact us for a tour !
Unit Size
2,128 Ft²
Days on Market
-
Land Size
0.98 acres
Price per sqft
$65
Property Type
Mobile Manufactured
Property Taxes
$89
HOA Dues
-
Year Built
1999

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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 #20516985)

Price History

Date / Event Date Event Price
Feb 16, 2024 Sold
Premium
Sold
Jan 21, 2024 Listed by Ranch Realty of Texas $139,000
Listed by Ranch Realty of Texas

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,689
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,128
  • Gross Building Area: 3,274
  • Building Area: 2,128
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,128
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000980
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: CLAUDE FREEMAN ADD TOWN COLEMAN, BLOCK 1, LOT 237 X 180 SE COR, MH SERIAL # TXFLX66A05237CG12, TITLE # 01088175, LABEL #

Neighborhood

  • School District Name: Coleman Independent School District
  • School Tax School District: CHD
  • Census Tract: 950300

Geography

  • Account Number: R52362
  • Parcel: R52362
  • Block: 1
  • Lot: 180,237
  • Municipality: COLEMAN
  • Latitude: 31.8068
  • Longitude: -99.4167

    Address

  • Full Address: 2602 Riley St
  • Address - House Number: 2602
  • Address - Street Name: Riley
  • Address - Suffix Type: St
  • State: TX
  • City Name: Coleman
  • Carrier Code: R003
  • 4-Digit Zip Code: 7610
  • Zip Code: 76834

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $106,759
  • Tax Rate Code Area: RCO CCO GC

    Appraisal Valuation

  • Standard Deviation: 0.1812
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 142,612
  • High Value: 168,461
  • Low Value: 116,763

    Market Valuation

  • Market Total Value: $43,580
  • Market Land Value: $980
  • Market Improvement Value: $42,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,580
  • Assessed Land Value: $980
  • Assessed Improvements Value: $42,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 09, 2024
  • Current Sale Recording Date: Feb 14, 2024
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 192
  • Previous Sale Recording Date: Mar 11, 2019
  • Previous Sale Contract Date: Feb 11, 2019
  • Previous Sale Amount: $61,400
  • Previous Sale Document Type: 71
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 Coleman

Stats & Trends

Median Asking:

$139,900

Sale Price/ft²

$96

Below Asking

0.06%

Average Days on Market

113

Average Home Size

1304 ft²

Average Home Age

-

Currently For Sale

60 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: Stephanie Garner, Ranch Realty of Texas
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20516985
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2602 Riley Street built and last sold?
The property at 2602 Riley Street was built in 1999 and last sold on Feb 9, 2024 for $0.
How much is this home worth?
The estimated value of the home located at 2602 Riley Street is $143,461.
What are some comparable homes to 2602 Riley Street?
There are currently no comparable homes to 2602 Riley Street.
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