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Mabank 75147
310 W Mcafee Drive
$195,500
● House - Off Market

310 W Mcafee Drive

Mabank, TX 75147
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,796 Ft²
$263,444
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

MLS #: 91131. GB-8472. BEAUTIFUL CUSTOM HOME IN THE HEART OF MABANK, HIGH CEILINGS, WBFP, SPLIT BEDROOMS, MASTER SUITE OFFERS DUAL VANITIES AND WALK IN SHOWER, KITCHEN OFFERS GRANITE COUNTERTOPS, LAUNDRY ROOM, OFFICE AND -OR 4TH BEDROOM, LARGE FENCED BACK YARD,COVERED BACK PORCH, CLOSE TO SCHOOLS AND SHOPPING.
Unit Size
1,796 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$106
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
2008

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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 #14328226)

Price History

Date / Event Date Event Price
Jul 1, 2020 Sold
Premium
Sold
Apr 24, 2020 Listed by McAtee Realty Of Gun Barrel TX $190,000
Listed by McAtee Realty Of Gun Barrel TX

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,670
  • Total Building Area: 0
  • Building Area: 1
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRAIRIE HILL ESTS #6 (20)
  • Land Acres: 0000000222
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: TR 2P AB 794 G T WALTERS SUR, PRAIRIE HILL ESTS #6, BLK 1 LT 6 (RE:TR 2P)

Neighborhood

  • School District Name: Mabank Independent School District
  • School Tax School District: MABANK ISD
  • Census Tract: 950604

Geography

  • Account Number: R000124148
  • Subdivision Tract Number: 2P
  • Parcel: 3910-0001-0060-51
  • Block: 1
  • Lot: 6
  • Municipality: MABANK
  • Latitude: 32.3556
  • Longitude: -96.1102

    Address

  • Full Address: 310 W Mcafee Dr
  • Address - House Number: 310
  • Street Direction: W
  • Address - Street Name: Mcafee
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Mabank
  • Carrier Code: R019
  • 4-Digit Zip Code: 3732
  • Zip Code: 75147

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $322,874
  • Tax Rate Code Area: HC,HE,HR,M

    Appraisal Valuation

  • Standard Deviation: 0.4582
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 8
  • Final Value: 129,216
  • High Value: 188,432
  • Low Value: 69,999

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $15,000
  • Market Improvement Value: $215,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $230,000
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $215,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 2020
  • Current Sale Recording Date: Jul 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020-00009175
  • Previous Sale Recording Date: Sep 14, 2015
  • Previous Sale Contract Date: Sep 10, 2015
  • Previous Sale Amount: $182,300
  • 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 Mabank

Stats & Trends

Median Asking:

$298,250

Sale Price/ft²

$180

Below Asking

0.03%

Average Days on Market

100

Average Home Size

1984 ft²

Average Home Age

19.5 years

Currently For Sale

37 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 1319 W Main Street, Gun Barrel City, TX, 75156

$1,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,545 ft²
1319 W Main Street #1, Gun Barrel City, TX, 75156 Listing by Rhonda Chapman

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Angela Tuley, McAtee Realty Of Gun Barrel TX
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14328226
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 310 West McAfee Street built and last sold?
The property at 310 West McAfee Street was built in 2008 and last sold on Jun 1, 2020 for $194,500.
How much is this home worth?
The estimated value of the home located at 310 West McAfee Street is $0.
What are some comparable homes to 310 West McAfee Street?
There are currently no comparable homes to 310 West McAfee Street.
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