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Electra 76360
306 E Ida Avenue
$45,314
● House - For Sale

306 E Ida Avenue

Electra, TX 76360
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,416 Ft²
$291
Est. Monthly
33.94%
Cap Rate

About This Property

INVESTORS!  Exciting investment alert! 306 E Ida Ave is two bedrooms, one bathroom home with an attached carport, offering ample yard space for potential enhancements. Inside, you'll find a welcoming living area, a kitchen with plenty of cabinet space, cozy rooms, and a mix of tile and wood flooring in select areas. Renovations are needed to unlock this home's full potential, but it can quickly be transformed into your home-sweet-home. This property is conveniently located with easy access to HWY 25 and HWY 287, and it is just minutes away from Wichita Falls. Property is being sold AS IS except for the new roof. We make it easy to own. This is a great opportunity! Don't wait, call us today to get more information on the owner's easy terms and smooth process that may be able to put the deed in your name and make this your dream home. Also ask about our investor packages.
Unit Size
1,416 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$32
Property Type
House
Property Taxes
$68
HOA Dues
-
Year Built
1940

Listed By

Chet Polniazek
1st Texas Realty Services

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Cap Rate Calculator

Last updated: 2 years ago (HAR #98236906)

Price History

Date / Event Date Event Price
Nov 26, 2024 No longer available -
No longer available
Nov 25, 2024 Listed by 1st Texas Realty Services $45,314
Listed by 1st Texas Realty Services
Sep 10, 2024 Price Decreased $45,314
↓ $2K (5%)
Price Decreased
Aug 29, 2024 Price Increased $47,699
↑ $8K (19.3%)
Price Increased
Jun 21, 2022 Listed by SWE Homes $39,999
Listed by SWE Homes
Exciting investment alert! 306 E Ida Ave is a two bedrooms, one bathroom home with an attached carport, offering ample yard space for potential enhancements. Inside, you'll find a welcoming living area, a kitchen with plenty of cabinet space, cozy rooms, and a mix of tile and wood flooring in select areas. Renovations are needed to unlock this home's full potential, but it can be quickly be transformed into your home-sweet-home. This property is conveniently located with easy access to HWY 25 and HWY 287, and it is just minutes away from Wichita Falls. Don't miss out on this opportunity!

Property Highlights

Parking Details
Has Carport
Parking Features: Detached Carport
Interior Details
Full Bathrooms: 1
Exterior Details
Square Footage: 1416
Architectural Style: Traditional
Year Built: 1940
Building Area Total: 1416
Construction Materials: Wood Siding
Lot Features: Other, 0 Up To 1/4 Acre
Lot Size Area: 0.1607
Lot Size Units: Acres
Lot Size Acres: 0.1607
Lot Size Square Feet: 7000.092
Water Source: Other
Financial Details
Tax Annual Amount: $821
Utilities Details
Cooling Type: Other
Heating Type: Other
Sewer : Other

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 4
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,416
  • Gross Building Area: 1,432
  • Building Area: 1,416
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,416
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTHLAND ADDITION
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 4 BLK 13 SOUTHLAND ADDITION

Neighborhood

  • School District Name: Electra Independent School District
  • School Tax School District: ELECTRA
  • Census Tract: 013700

Geography

  • Assessors Map Reference: 06-46
  • Parcel: 111085
  • Block: 13
  • Lot: 4
  • Municipality: ELECTRA
  • Latitude: 34.0252
  • Longitude: -98.9181

    Address

  • Full Address: 306 E Ida Ave
  • Address - House Number: 306
  • Street Direction: E
  • Address - Street Name: Ida
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Electra
  • Carrier Code: C002
  • 4-Digit Zip Code: 3006
  • Zip Code: 76360

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $76,798
  • Initial Tax Delinquent Year: 2015
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.2199
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 69
  • Final Value: 61,998
  • High Value: 75,634
  • Low Value: 48,361

    Market Valuation

  • Market Total Value: $31,113
  • Market Land Value: $1,960
  • Market Improvement Value: $29,153

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,113
  • Assessed Land Value: $1,960
  • Assessed Improvements Value: $29,153

    Sales

  • Current Sale Contract Date: Dec 18, 2020
  • Current Sale Recording Date: Dec 29, 2020
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 202020378
  • Previous Sale Recording Date: Jan 20, 2016
  • Previous Sale Contract Date: Jan 07, 2016
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Electra


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Frequently Asked Questions

When was property at 306 East Ida Avenue built and last sold?
The property at 306 East Ida Avenue was built in 1940 and last sold on Dec 18, 2020 for $0.
How much is this home worth?
The estimated value of the home located at 306 East Ida Avenue is $45,675.
What are some comparable homes to 306 East Ida Avenue?
There are currently no comparable homes to 306 East Ida Avenue.