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Oak Trail Shores 76048
2615 Walnut Street
$123,825
● House - Off Market

2615 Walnut Street

Granbury, TX 76048
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,008 Ft²
$129,738
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

If you're looking for a getaway property, or just something away from the busy city life, search no further! This charming three bedroom, one and a half bath is located blocks away from the Brazos river. The property features a spacious front flex room and living room with cozy fireplace. The property features a two car oversized carport with an office, laundry and storage room built on the back. The property could use some improvements, but is priced accordingly. Would make an excellent short term rental or second vacation home. Go and Show, so go get it before it's too late!
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$125
Property Type
House
Property Taxes
$117
HOA Dues
$1
Year Built
1977

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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 #20239362)

Price History

Date / Event Date Event Price
Mar 10, 2023 Sold
Premium
Sold
Jan 16, 2023 Listed by MARK SPAIN REAL ESTATE $125,900
Listed by MARK SPAIN REAL ESTATE
Oct 18, 2019 No longer available -
No longer available
Jun 4, 2019 Price Decreased $95,000
↓ $3K (3.1%)
Price Decreased
Apr 27, 2019 Price Decreased $98,000
↓ $7K (6.7%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,026
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

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

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK TRAIL SHORES
  • Land Acres: 0000000070
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LOT: 504 & 505 SUBD: OAK TRAIL SHORES SEC B

Neighborhood

  • School District Name: Granbury Independent School District
  • Census Tract: 160215

Geography

  • Section: B
  • Parcel: 13442.000.0504.0
  • Lot: 504,505
  • Municipality: GRANBURY
  • Latitude: 32.4839
  • Longitude: -97.8211

    Address

  • Full Address: 2615 Walnut St
  • Address - House Number: 2615
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: TX
  • City Name: Granbury
  • Carrier Code: R005
  • 4-Digit Zip Code: 3858
  • Zip Code: 76048

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $151,202
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2764
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 60
  • Final Value: 155,294
  • High Value: 198,231
  • Low Value: 112,358

    Market Valuation

  • Market Total Value: $124,260
  • Market Land Value: $20,000
  • Market Improvement Value: $104,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $124,260
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $104,260

    Sales

  • Current Sale Contract Date: Mar 10, 2023
  • Current Sale Recording Date: Mar 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2928
  • Previous Sale Recording Date: Feb 04, 2005
  • Previous Sale Contract Date: Feb 04, 2005
  • Previous Sale Document Type: 27
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 Oak Trail Shores

Stats & Trends

Median Asking:

$224,450

Sale Price/ft²

$148

Below Asking

0.04%

Average Days on Market

99

Average Home Size

1580 ft²

Average Home Age

8.9 years

Currently For Sale

32 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

Rentals Near You

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NTREIS

Listed by: Rocky Presley, MARK SPAIN REAL ESTATE
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20239362
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2615 Walnut Street built and last sold?
The property at 2615 Walnut Street was built in 1977 and last sold on Mar 10, 2023 for $122,797.
How much is this home worth?
The estimated value of the home located at 2615 Walnut Street is $0.
What are some comparable homes to 2615 Walnut Street?
There are currently no comparable homes to 2615 Walnut Street.
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