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Abilene 79602
317 Garth Ridge Drive
$361,630
● House - Off Market

317 Garth Ridge Drive

Abilene, TX 79602
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,109 Ft²
$377,855
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

This open floor plan from Texas Pride Homes is sure to please. It offers an open, split bedroom layout with 4 bedrooms and 2 bathrooms. Spacious owners bedroom with ensuite taht features granite countertops, separate vanities and shower, soaking tub and walk-in closet. Additional bedrooms are generously sized with carpet flooring. Kitchen boasts a large single level island, granite countertops, stainless steel appliances and pantry. Exterior will have fully sodded yard with sprinkler system. 6 ft privacy fence in back yard and landscaped flowerbeds in front yard.
Unit Size
2,109 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$171
Property Type
House
Property Taxes
$55
HOA Dues
$10
Year Built
2022

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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 #20111788)

Price History

Date / Event Date Event Price
Feb 14, 2023 Sold
Premium
Sold
Jul 12, 2022 Listed by Berkshire Hathaway HS Stovall $361,630
Listed by Berkshire Hathaway HS Stovall

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 494
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,625
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 720
  • Total Building Area: 2,620
  • Gross Building Area: 2,619
  • Building Area: 2,126
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,126
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTHLAKE ESTATES SEC 6
  • Land Acres: 0000000198
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: SOUTHLAKE ESTATES SEC 6, BLOCK H, LOT 3, ACRES .198

Neighborhood

  • School District Name: Abilene Independent School District
  • Census Tract: 013404

Geography

  • Parcel: 1056799
  • Block: H
  • Lot: 3
  • Municipality: ABILENE
  • Latitude: 32.379
  • Longitude: -99.719

    Address

  • Full Address: 317 Garth Ridge Dr
  • Address - House Number: 317
  • Address - Street Name: Garth Ridge
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Abilene
  • Carrier Code: R019
  • 4-Digit Zip Code: 1640
  • Zip Code: 79602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $550,854
  • Tax Rate Code Area: SWY

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 69
  • Final Value: 311,629
  • High Value: 380,503
  • Low Value: 242,756

    Market Valuation

  • Market Total Value: $254,730
  • Market Land Value: $30,000
  • Market Improvement Value: $224,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $254,730
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $224,730

    Sales

  • Current Sale Contract Date: Feb 15, 2023
  • Current Sale Recording Date: Feb 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2290
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 Abilene

Stats & Trends

Median Asking:

$269,990

Sale Price/ft²

$165

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1930 ft²

Average Home Age

44.8 years

Currently For Sale

262 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 1318 Baylor, Abilene, TX, 79602

$1,995 /mo

  • 3 Beds
  • 1 Bath
  • 888 ft²
1318 Baylor, Abilene, TX, 79602 Listing by Michael Powell

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Shelly Brooks, Berkshire Hathaway HS Stovall
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20111788
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 317 Garth Ridge Drive built and last sold?
The property at 317 Garth Ridge Drive was built in 2022 and last sold on Feb 15, 2023 for $274,891.
How much is this home worth?
The estimated value of the home located at 317 Garth Ridge Drive is $0.
What are some comparable homes to 317 Garth Ridge Drive?
There are currently no comparable homes to 317 Garth Ridge Drive.
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