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Abilene 79603 Sears Park Area
3184 Ivy Lane
$167,000
● House - Off Market

3184 Ivy Lane

Abilene, TX 79603
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,348 Ft²
$1,113
Est. Monthly
8.59%
Cap Rate

About This Property

Discover this meticulously kept property showcasing a spacious 23x23 garage and a two-story shop that's sure to impress. This well-cared-for 3-bedroom, 1-bathroom home offers practicality and comfort.The kitchen features new granite countertops, while updated windows, electrical, and plumbing add to the home's appeal. Upstairs in the shop provides ample storage space, perfect for various needs. Relax in the generous living room, complete with a cozy gas fireplace, ideal for family gatherings. With everything in top-notch condition, this home is move-in ready for your family's enjoyment.
Unit Size
1,348 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$126
Property Type
House
Property Taxes
$278
HOA Dues
-
Year Built
1959

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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 #20568367)

Price History

Date / Event Date Event Price
Jul 1, 2024 Sold
Premium
Sold
Jun 4, 2024 In contract -
In contract
May 18, 2024 Price Decreased $169,900
↓ $3K (1.5%)
Price Decreased
Mar 26, 2024 Listed by KW SYNERGY* $172,500
Listed by KW SYNERGY*
Nov 29, 2021 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 11
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 17
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 675
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,954
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,348
  • Gross Building Area: 1,348
  • Building Area: 1,348
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,348
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREEN ACRES SEC 2
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: GREEN ACRES SEC 2, BLOCK 34, LOT 32, CONT

Neighborhood

  • School District Name: Abilene Independent School District
  • Census Tract: 010500

Geography

  • Parcel: 18225
  • Block: 34
  • Lot: 32
  • Municipality: ABILENE
  • Latitude: 32.4764
  • Longitude: -99.7605

    Address

  • Full Address: 3184 Ivy Ln
  • Address - House Number: 3184
  • Address - Street Name: Ivy
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Abilene
  • Carrier Code: C043
  • 4-Digit Zip Code: 2111
  • Zip Code: 79603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $333,769
  • Tax Rate Code Area: SAB

    Appraisal Valuation

  • Standard Deviation: 0.2238
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 69
  • Final Value: 174,410
  • High Value: 213,454
  • Low Value: 135,365

    Market Valuation

  • Market Total Value: $144,796
  • Market Land Value: $2,086
  • Market Improvement Value: $142,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $144,796
  • Assessed Land Value: $2,086
  • Assessed Improvements Value: $142,710

    Sales

  • Current Sale Contract Date: May 21, 2022
  • Current Sale Recording Date: May 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10970
  • Previous Sale Recording Date: Nov 29, 2021
  • Previous Sale Contract Date: Nov 26, 2021
  • Previous Sale Document Type: 71
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 Sears Park Area

Stats & Trends

Median Asking:

$175,000

Sale Price/ft²

$138

Below Asking

0.02%

Average Days on Market

47

Average Home Size

1381 ft²

Average Home Age

62.3 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

Unit for rent at 910 Westmoreland Street, Abilene, TX, 79603

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,345 ft²
910 Westmoreland Street, Abilene, TX, 79603 Listing by Judy Crosson
Unit for rent at 2710 Beech Street, Abilene, TX, 79601

$1,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,092 ft²
2710 Beech Street, Abilene, TX, 79601 Listing by Judy Crosson

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Priscilla Jaques, KW SYNERGY*
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20568367
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 3184 Ivy Lane built and last sold?
The property at 3184 Ivy Lane was built in 1959 and last sold on May 21, 2022 for $147,364.
How much is this home worth?
The estimated value of the home located at 3184 Ivy Lane is $0.
What are some comparable homes to 3184 Ivy Lane?
There are currently no comparable homes to 3184 Ivy Lane.
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