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Mart 76664 Mart
301 N Carpenter Street
$42,000
● House - Off Market

301 N Carpenter Street

Mart, TX 76664
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,080 Ft²
$335
Est. Monthly
31.92%
Cap Rate

About This Property

Deal Of The Month, Don't Miss Out!! Priced To Sell Fast! Please Schedule Walkthroughs Through The Listing!

Built in 1955, 2 Beds, And Over 1,050 Sq Ft... This Home Will Do Well For An Investor Or Family That Wants To Make Their Own Updates!
Unit Size
1,080 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$37
Property Type
House
Property Taxes
$139
HOA Dues
-
Year Built
1955

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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 #20628176)

Price History

Date / Event Date Event Price
Jun 17, 2024 Sold
Premium
Sold
May 29, 2024 Listed by Mission Real Estate Group $39,900
Listed by Mission Real Estate Group

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 3
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 4
  • Garage Square Area: 256
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,400
  • Lot Size Depth Feet: 1,900
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,080
  • Gross Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 2
  • Heating: 18
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MART OT
  • Land Acres: 0000000262
  • Standard Land Use Code: 1001
  • County Land Use Code: A3
  • State Land Use Code: A3
  • Legal Description 1: MART OT LOT 9 A10 BLOCK 46 ACRES .2617

Neighborhood

  • School District Name: Mart Independent School District
  • Census Tract: 003601

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: PG 13
  • Parcel: 32-011600-046200-9
  • Block: 46
  • Lot: 9
  • Municipality: CITY OF MART
  • Latitude: 31.5471
  • Longitude: -96.8305

    Address

  • Full Address: 301 N Carpenter St
  • Address - House Number: 301
  • Street Direction: N
  • Address - Street Name: Carpenter
  • Address - Suffix Type: St
  • State: TX
  • City Name: Mart
  • Carrier Code: C001
  • 4-Digit Zip Code: 1206
  • Zip Code: 76664

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $166,477
  • Tax Rate Code Area: 86

    Appraisal Valuation

  • Standard Deviation: 0.2486
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 64
  • Final Value: 129,003
  • High Value: 161,074
  • Low Value: 96,931

    Market Valuation

  • Market Total Value: $85,550
  • Market Land Value: $16,190
  • Market Improvement Value: $69,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,859

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 29, 2015
  • Current Sale Recording Date: Jun 01, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2015016319
  • Previous Sale Recording Date: Nov 03, 2006
  • Previous Sale Contract Date: Oct 31, 2006
  • Previous Sale Amount: $33,100
  • 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 Mart

Stats & Trends

Median Asking:

$99,500

Sale Price/ft²

$69

Below Asking

0.07%

Average Days on Market

79

Average Home Size

1484 ft²

Average Home Age

56.9 years

Currently For Sale

15 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: Joe Iley, Mission Real Estate Group
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20628176
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 301 North Carpenter Street built and last sold?
The property at 301 North Carpenter Street was built in 1955 and last sold on Apr 29, 2015 for $31,300.
How much is this home worth?
The estimated value of the home located at 301 North Carpenter Street is $0.
What are some comparable homes to 301 North Carpenter Street?
There are currently no comparable homes to 301 North Carpenter Street.
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