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Wilmer 75172
305 Cedar Street
$154,000
● House - Off Market

305 Cedar Street

Wilmer, TX 75172
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,121 Ft²
$228,736
RealtyHop Estimate
47.67%
Since May 1, 2020
TX-Dallas
Primary Model

About This Property

Completely updated home featuring 3 bedrooms, 2 bathrooms, 2 car garage, new carpet in the bedrooms, freshly painted, large living room, super large back yard, close to downtown, perfect for first time home buyer or rental investment. Also, right down the street from a huge park.  Come see it before it's gone!
Unit Size
1,121 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$138
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1973

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #14291597)

Price History

Date / Event Date Event Price
Apr 30, 2020 Sold
Premium
Sold
Feb 28, 2020 Listed by Coldwell Banker Realty Plano $154,900
Listed by Coldwell Banker Realty Plano

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,965
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,561
  • Building Area: 1,121
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,121
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COTTONWOOD VALLEY
  • Land Acres: 0000000183
  • Standard Land Use Code: 1001
  • County Land Use Code: A11
  • State Land Use Code: A11
  • Legal Description 1: COTTONWOOD VALLEY BLK C LT 25 INT202000115308 DD04302020 CO-DC 0025000302500 4CT00250003

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 016903

Zoning

  • Zoning: Z268

Geography

  • Assessors Map Reference: 540025000302500
  • Account Number: 540025000302500
  • Subdivision Tract Number: 250
  • Parcel: 54-00250-003-025-0000
  • Block: C
  • Lot: 25
  • Municipality: WILMER
  • Latitude: 32.5968
  • Longitude: -96.674

    Address

  • Full Address: 305 Cedar St
  • Address - House Number: 305
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: TX
  • City Name: Wilmer
  • Carrier Code: C001
  • 4-Digit Zip Code: 1515
  • Zip Code: 75172

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $284,539
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2399
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 235,738
  • High Value: 292,309
  • Low Value: 179,168

    Market Valuation

  • Market Total Value: $185,940
  • Market Land Value: $40,000
  • Market Improvement Value: $145,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,940
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $145,940

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 30, 2020
  • Current Sale Recording Date: May 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202000115308
  • Previous Sale Recording Date: Mar 16, 2018
  • Previous Sale Contract Date: Mar 14, 2018
  • Previous Sale Amount: $124,800
  • Previous Sale Document Type: 70
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 Wilmer

Stats & Trends

Median Asking:

$239,999

Sale Price/ft²

$171

Below Asking

0.01%

Average Days on Market

69

Average Home Size

1513 ft²

Average Home Age

28.1 years

Currently For Sale

10 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 1260 Balsam Road, Wilmer, TX, 75172

$2,199 /mo

  • 3 Beds
  • 2 Baths
  • 1,266 ft²
1260 Balsam Road, Wilmer, TX, 75172 Listing by Tram Quach

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Elizabeth Castro, Coldwell Banker Realty Plano
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14291597
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 305 Cedar Street built and last sold?
The property at 305 Cedar Street was built in 1973 and last sold on Apr 30, 2020 for $153,200.
How much is this home worth?
The estimated value of the home located at 305 Cedar Street is $158,911.
What are some comparable homes to 305 Cedar Street?
There are currently no comparable homes to 305 Cedar Street.
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