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Orange 77630
308 Gunstream Lane
$89,900 Last Listed Price
● House - Off Market

308 Gunstream Lane

Orange, TX 77630
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,156 Ft²
$111,788
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Amazing investment property! Heavily discounted and an open canvas for buyer to get creative. Sits over 2 acres of land, large backyard, spacious living area and kitchen with 4 bedrooms, 2 baths, garage with 2 car spaces, charming fireplace, walk in closet and so much more.
Unit Size
2,156 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$42
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1940

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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: 4 months ago (HAR #67386136)

Price History

Date / Event Date Event Price
Mar 4, 2021 Sold
Premium
Sold
Dec 5, 2020 Listed by Nitya Realty $89,900
Listed by Nitya Realty
Amazing investment property! Heavily discounted and an open canvas for buyer to get creative. Sits over 2 acres of land, large backyard, spacious living area and kitchen with 4 bedrooms, 2 baths, garage with 2 car spaces, charming fireplace, walk in closet and so much more.

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1990
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 648
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 2,156
  • Building Area: 2,156
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,156
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ABST. 13 A. HARRIS
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: ABST. 13 A. HARRIS TR 169

Neighborhood

  • School District Name: Orangefield Independent School District
  • School Tax School District: S03 ORANGEFIELD
  • School Tax District Code 2: S03
  • Census Tract: 020700

Geography

  • Account Number: R14111
  • Parcel: 000013-015701
  • Municipality: CITY OF ORANGE
  • Latitude: 30.0919
  • Longitude: -93.7889

    Address

  • Full Address: 308 Gunstream Ln
  • Address - House Number: 308
  • Address - Street Name: Gunstream
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Orange
  • Carrier Code: R009
  • 4-Digit Zip Code: 8419
  • Zip Code: 77630

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: C12,D02,L0

    Appraisal Valuation

  • Standard Deviation: 0.1666
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 78
  • Final Value: 303,628
  • High Value: 354,222
  • Low Value: 253,033

    Market Valuation

  • Market Total Value: $192,340
  • Market Land Value: $15,000
  • Market Improvement Value: $177,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,340
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $177,340

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 22, 2021
  • Current Sale Recording Date: Dec 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 512615
  • Previous Sale Recording Date: Mar 04, 2021
  • Previous Sale Contract Date: Feb 16, 2021
  • Previous Sale Amount: $180,000
  • 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 Orange

Stats & Trends

Median Asking:

$239,190

Sale Price/ft²

$120

Below Asking

0.03%

Average Days on Market

84

Average Home Size

1558 ft²

Average Home Age

51.3 years

Currently For Sale

47 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 718 Westbury Street, TX, 77630

$1,499 /mo

  • 3 Beds
  • 2 Baths
  • 1,121 ft²
718 Westbury Street, TX, 77630 Listing by Chet Polniazek

Rentals Near You

Click here to view more rentals in the neighborhood.
HAR

Listed by: Farhan Ajanee, Nitya Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 67386136
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently Asked Questions

When was property at 308 Gunstream Lane built and last sold?
The property at 308 Gunstream Lane was built in 1940 and last sold on Dec 22, 2021 for $269,200.
How much is this home worth?
The estimated value of the home located at 308 Gunstream Lane is $104,232.
What are some comparable homes to 308 Gunstream Lane?
There are currently no comparable homes to 308 Gunstream Lane.
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