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Carthage 75633
322 Grace
$180,000
● House - Off Market

322 Grace

Carthage, TX 75633
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,464 Ft²
$183,964
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Charming 2 bed,2 bath,2 car garage brick home conveniently located in Carthage. The yard is landscaped, fenced, and has a storage building in the back. This house is move in ready!
Unit Size
1,464 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$126
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999

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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 #20358998)

Price History

Date / Event Date Event Price
Aug 10, 2023 Sold
Premium
Sold
Jun 17, 2023 Listed by BOLD Real Estate Group $185,000
Listed by BOLD Real Estate Group

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Building Condition: 1
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,177
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,052
  • Gross Building Area: 2,052
  • Building Area: 2,052
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,948
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK VILLAGE S/D
  • Land Acres: 0000000141
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: BLK 212 PT LT 2 BLK 1 LT 2 OAK VILLAGE S/D

Neighborhood

  • School District Name: Carthage Independent School District
  • Census Tract: 950402

Zoning

  • Zoning: 06

Geography

  • Account Number: 01416-00001-00200-000000
  • Parcel: 29190
  • Block: 1
  • Lot: 2
  • Municipality: CARTHAGE
  • Latitude: 32.1615
  • Longitude: -94.3443

    Address

  • Full Address: 322 Grace Ln
  • Address - House Number: 322
  • Address - Street Name: Grace
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Carthage
  • Carrier Code: C002
  • 4-Digit Zip Code: 1563
  • Zip Code: 75633

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $277,587
  • Tax Rate Code Area: 1 3 6 10 3

    Appraisal Valuation

  • Standard Deviation: 0.4233
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 15
  • Final Value: 133,986
  • High Value: 190,705
  • Low Value: 77,266

    Market Valuation

  • Market Total Value: $133,760
  • Market Land Value: $6,300
  • Market Improvement Value: $127,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,760
  • Assessed Land Value: $6,300
  • Assessed Improvements Value: $127,460

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 11, 2023
  • Current Sale Recording Date: Aug 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 252580
  • Previous Sale Recording Date: Jul 23, 2019
  • Previous Sale Contract Date: Jul 22, 2019
  • Previous Sale Amount: $138,000
  • 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 Carthage

Stats & Trends

Median Asking:

$229,900

Sale Price/ft²

$85

Above Asking

0.00%

Average Days on Market

121

Average Home Size

2712 ft²

Average Home Age

4 years

Currently For Sale

1 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 101 Seniors Avenue, TX, 75633

$450 /mo

  • 1 Bed
  • 1 Bath
101 Seniors Avenue, TX, 75633 Listing by Rick Rivera
Unit for rent at 1100 S Adams Street, TX, 75633

$747 /mo

  • 2 Beds
  • 1 Bath
1100 S Adams Street, TX, 75633 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Shawn Bryant, BOLD Real Estate Group
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20358998
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 322 Grace Lane built and last sold?
The property at 322 Grace Lane was built in 1999 and last sold on Aug 11, 2023 for $239,400.
How much is this home worth?
The estimated value of the home located at 322 Grace Lane is $0.
What are some comparable homes to 322 Grace Lane?
There are currently no comparable homes to 322 Grace Lane.
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