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Abilene 79601 Ft. Phantom Area
33 Poverty Point
$279,900
● House - Off Market

33 Poverty Point

Abilene, TX 79601
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,465 Ft²
$283,736
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Top notch house on Fort Phantom Lake with a great boat dock and amazing views! Property sits on .825 acres giving you plenty of room to relax by the lake! House features granite countertops, updated color scheme, and a great back porch to enjoy your morning coffee while taking in the beautiful views! House features 2 good sized bedrooms with 2 full baths and a half bath just off of the kitchen. Don't miss your opportunity to own a move in ready house on Lake Fort Phantom! House was completely re-leveled in 2021!
Unit Size
1,465 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$191
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2018

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #14699455)

Price History

Date / Event Date Event Price
Apr 29, 2022 Sold
Premium
Sold
Nov 4, 2021 Listed by Tommy Simons & Associates, REALTORS $279,900
Listed by Tommy Simons & Associates, REALTORS
Jun 25, 2021 No longer available -
No longer available
Apr 29, 2021 Relisted $325,000
Relisted
Apr 28, 2021 No longer available -
No longer available
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 252
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,937
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,648
  • Gross Building Area: 2,648
  • Building Area: 2,648
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 2
  • Heated Square Feet: 924
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FT PHANTOM HILL SEC 3
  • Land Acres: 0000000825
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: FT PHANTOM HILL SECT 3 BLOCK A LOT 10

Neighborhood

  • Census Tract: 020101

Geography

  • Account Number: 303598-000
  • Parcel: 22769
  • Block: A
  • Lot: 10
  • Municipality: ABILENE
  • Latitude: 32.6057
  • Longitude: -99.6651

    Address

  • Full Address: 33 Poverty Point Cir
  • Address - House Number: 33
  • Address - Street Name: Poverty Point
  • Address - Suffix Type: Cir
  • State: TX
  • City Name: Abilene
  • Carrier Code: R012
  • 4-Digit Zip Code: 8427
  • Zip Code: 79601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $493,194
  • Tax Rate Code Area: CAB GJO HS

    Appraisal Valuation

  • Standard Deviation: 0.1159
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 87
  • Final Value: 278,125
  • High Value: 310,369
  • Low Value: 245,881

    Market Valuation

  • Market Total Value: $187,760
  • Market Land Value: $103,130
  • Market Improvement Value: $84,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $187,760
  • Assessed Land Value: $103,130
  • Assessed Improvements Value: $84,630

    Sales

  • Current Sale Contract Date: Apr 28, 2022
  • Current Sale Recording Date: May 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 10, 2019
  • Previous Sale Contract Date: Apr 05, 2019
  • Previous Sale Amount: $223,131
  • Previous Sale Document Type: 36

    Financing

  • First Mortgage Financing Type: ADJ
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 Ft. Phantom Area

Stats & Trends

Median Asking:

$301,900

Sale Price/ft²

$191

Below Asking

0.05%

Average Days on Market

77

Average Home Size

2016 ft²

Average Home Age

53 years

Currently For Sale

10 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

Rentals Near You

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NTREIS

Listed by: Tommy Simons, Tommy Simons & Associates, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14699455
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 33 Poverty Point built and last sold?
The property at 33 Poverty Point was built in 2018 and last sold on Apr 28, 2022 for $284,176.
How much is this home worth?
The estimated value of the home located at 33 Poverty Point is $0.
What are some comparable homes to 33 Poverty Point?
There are currently no comparable homes to 33 Poverty Point.
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