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Charlotte 78011
314 MARSHALL AVE
$69,999
● House - Off Market

314 MARSHALL AVE

Charlotte, TX 78011
bedrooms
2 Beds
bathrooms
1 Bath
square feet
992 Ft²
$455
Est. Monthly

About This Property

This charming property boasts 2 bedrooms and 1 bathroom, set on a generous 7,350 square foot lot in peaceful Charlotte, Texas. Just a short 5-minute drive from essential amenities such as dining and fuel options, this home offers both convenience and tranquility. With untapped potential awaiting, you have the opportunity to customize and personalize this cozy space to your liking. Embrace the possibilities and transform this property into your dream sanctuary.
Unit Size
992 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$71
Property Type
House
Property Taxes
$111
HOA Dues
-
Year Built
1965

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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: 6 months ago (LERA #1769321)

Price History

Date / Event Date Event Price
Jul 30, 2024 Sold
Premium
Sold
Apr 24, 2024 Listed by Houstonaire Real Estate $69,999
Listed by Houstonaire Real Estate

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • 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: 1
  • Roof Cover Type: 0
  • 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: 7,349
  • Lot Size Depth Feet: 740
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 992
  • Gross Building Area: 1,156
  • Building Area: 992
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 992
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHARLOTTE
  • Land Acres: 0000000169
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: CHARLOTTE BLK 34 LOT 10 & 11

Neighborhood

  • School District Name: Charlotte Independent School District
  • School Tax School District: WEV
  • Census Tract: 960500

Geography

  • Account Number: 01960-00-034-001000
  • Parcel: R19692
  • Block: 34
  • Lot: 10,11
  • Municipality: CHARLOTTE
  • Latitude: 28.8596
  • Longitude: -98.714

    Address

  • Full Address: 314 Marshall Ave
  • Address - House Number: 314
  • Address - Street Name: Marshall
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Charlotte
  • Zip Code: 78011

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $328,661
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: CCH FMLR G

    Appraisal Valuation

  • Standard Deviation: 0.4091
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 43,731
  • High Value: 61,621
  • Low Value: 25,840

    Market Valuation

  • Market Total Value: $73,400
  • Market Land Value: $13,600
  • Market Improvement Value: $59,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,400
  • Assessed Land Value: $13,600
  • Assessed Improvements Value: $59,800

    Sales

  • Current Sale Contract Date: Jan 03, 2024
  • Current Sale Recording Date: Jan 04, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 239589
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 Charlotte

Stats & Trends

Median Asking:

$239,999

Sale Price/ft²

$138

Below Asking

0.03%

Average Days on Market

45

Average Home Size

1653 ft²

Average Home Age

28.7 years

Currently For Sale

7 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

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LERA

Listed by: Dan Cook, Houstonaire Real Estate
Last Updated: 6 months ago
Data Source: LERA, MLS# 1769321
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 314 Marshall Avenue built and last sold?
The property at 314 Marshall Avenue was built in 1965 and last sold on Jan 3, 2024 for $14,245.
How much is this home worth?
The estimated value of the home located at 314 Marshall Avenue is $70,699.
What are some comparable homes to 314 Marshall Avenue?
There are currently no comparable homes to 314 Marshall Avenue.
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