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Grayson 75076
277 Kirk Avenue
$28,000
● Land - Off Market

277 Kirk Avenue

Pottsboro, TX 75076
bedrooms
Studio
bathrooms
0 Bath
$34,657
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Come build your own hanger on this private grass runway.  Large runway lot with water and power available.  This lot is in a secure gated community and just 45 minutes from Dallas.  Restrictions allow for building a hanger or storage building.  Don't have a plane, store your RV or boat in your own building and avoid paying others for rent.  Community boat ramp so easy and quick access to get your boat on Lake Texoma.  No commercial use.
Unit Size
-
Days on Market
-
Land Size
0.43 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$33
Year Built
-

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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: 6 months ago (NTREIS #14466098)

Price History

Date / Event Date Event Price
Apr 7, 2021 Sold
Premium
Sold
Nov 5, 2020 Listed by Longmire Group $28,499
Listed by Longmire Group
Come build your own hanger on this private grass runway. Large runway lot with water and power available. This lot is in a secure gated community and just 45 minutes from Dallas. Restrictions allow for building a hanger or storage building. Don't have a plane, store your RV or boat in your own building and avoid paying others for rent. Community boat ramp so easy and quick access to get your boat on Lake Texoma. No commercial use.

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • 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 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: 18,731
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TEXOMA ESTATES
  • Land Acres: 0000000430
  • Standard Land Use Code: 1000
  • County Land Use Code: A4
  • State Land Use Code: A4
  • Legal Description 1: TEXOMA ESTATES, BLOCK 9, LOT PT 6, .041 AC IN LIMITS OF AVIATION RESTRICTED USE AREA, ACRES 0.43

Neighborhood

  • School District Name: Pottsboro Independent School District
  • Census Tract: 000305

Geography

  • Parcel: 386234
  • Block: 9
  • Lot: 6
  • Municipality: POTTSBORO
  • Latitude: 33.8141
  • Longitude: -96.7345

    Address

  • Full Address: 277 Kirk Ave
  • Address - House Number: 277
  • Address - Street Name: Kirk
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Pottsboro
  • Zip Code: 75076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $139,095
  • Tax Rate Code Area: SPB

    Appraisal Valuation

  • Standard Deviation: 0.2463
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 194,229
  • High Value: 242,083
  • Low Value: 146,375

    Market Valuation

  • Market Total Value: $64,388
  • Market Land Value: $34,916
  • Market Improvement Value: $29,472

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,388
  • Assessed Land Value: $34,916
  • Assessed Improvements Value: $29,472

    Sales

  • Current Sale Contract Date: Nov 21, 2016
  • Current Sale Recording Date: Nov 21, 2016
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016-00024729
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 Grayson

Stats & Trends

Median Asking:

$302,181

Sale Price/ft²

$170

Above Asking

0.00%

Average Days on Market

88

Average Home Size

2103 ft²

Average Home Age

31.8 years

Currently For Sale

1456 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 162 Kent Street, Pottsboro, TX, 75076

$1,150 /mo

  • 3 Beds
  • 1 Bath
  • 1,416 ft²
162 Kent Street, Pottsboro, TX, 75076 Listing by Layla Fain
Unit for rent at 290 Tanglewood Circle, TX, 75076

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,500 ft²
290 Tanglewood Circle #543334, TX, 75076 Listing by Clint Gober

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Cody Longmire, Longmire Group
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14466098
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 277 Kirk Avenue built and last sold?
The property at 277 Kirk Avenue was built in and last sold on Nov 21, 2016 for $0.
How much is this home worth?
The estimated value of the home located at 277 Kirk Avenue is $28,784.
What are some comparable homes to 277 Kirk Avenue?
There are currently no comparable homes to 277 Kirk Avenue.
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