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Clyde 79510
306 Shalimar Drive
$281,000
● House - Off Market

306 Shalimar Drive

Clyde, TX 79510
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,439 Ft²
$1,826
Est. Monthly
4.96%
Cap Rate

About This Property

SHALIMAR - Updated and on a large corner lot. Covered RV parking, large workshop with electric. Shady back yard and water well for landscape watering.  Granite countertops throughout, lots of natural light, open and spacious rooms.  New carpet in bedrooms.  Great back patio area for cookouts and entertaining.  Large living room and family room offers flexible options for furniture placement and room use options.  Shalimar neighborhood is 15 minutes from Abilene. Qualifies for USDA loan, zero down. 5 minutes from Clyde schools and new Clyde Sports Complex.
Unit Size
2,439 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$121
Property Type
House
Property Taxes
$377
HOA Dues
-
Year Built
1964

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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 #20600400)

Price History

Date / Event Date Event Price
Sep 4, 2024 Sold
Premium
Sold
Jun 27, 2024 In contract -
In contract
Jun 5, 2024 Price Decreased $295,000
↓ $4K (1.3%)
Price Decreased
Apr 27, 2024 Listed by Coldwell Banker Apex, REALTORS $299,000
Listed by Coldwell Banker Apex, REALTORS

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,331
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 1,270
  • Total Building Area: 3,251
  • Gross Building Area: 3,251
  • Building Area: 3,251
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,439
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHALIMAR CASTLES ADDITION
  • Land Acres: 0000000329
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: ACRES: 0.329 LOT: S PT OF LT 3 BLK: 7 SUBD: SHALIMAR CASTLES - CLYDE 127.6 X113

Neighborhood

  • School District Name: Clyde Consolidated Independent School District
  • Census Tract: 030101

Geography

  • Account Number: 6635000700302
  • Parcel: R000013381
  • Block: 7
  • Lot: 3
  • Municipality: CLYDE
  • Latitude: 32.4135
  • Longitude: -99.5215

    Address

  • Full Address: 306 Shalimar Dr
  • Address - House Number: 306
  • Address - Street Name: Shalimar
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Clyde
  • Carrier Code: R004
  • 4-Digit Zip Code: 3429
  • Zip Code: 79510

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $451,879
  • Tax Rate Code Area: 30 C CS FM

    Appraisal Valuation

  • Standard Deviation: 0.2654
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 279,214
  • High Value: 353,325
  • Low Value: 205,103

    Market Valuation

  • Market Total Value: $235,780
  • Market Land Value: $13,490
  • Market Improvement Value: $222,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,780
  • Assessed Land Value: $13,490
  • Assessed Improvements Value: $222,290

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 12, 2018
  • Current Sale Recording Date: Sep 17, 2018
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 182119
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 Clyde

Stats & Trends

Median Asking:

$231,000

Sale Price/ft²

$161

Below Asking

0.04%

Average Days on Market

63

Average Home Size

1641 ft²

Average Home Age

42.6 years

Currently For Sale

14 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: Kelli Kish, Coldwell Banker Apex, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20600400
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 306 Shalimar Drive built and last sold?
The property at 306 Shalimar Drive was built in 1964 and last sold on Sep 12, 2018 for $0.
How much is this home worth?
The estimated value of the home located at 306 Shalimar Drive is $0.
What are some comparable homes to 306 Shalimar Drive?
There are currently no comparable homes to 306 Shalimar Drive.
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