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Abilene 79602
341 Garth Ridge Drive
$346,170
● House - Off Market

341 Garth Ridge Drive

Abilene, TX 79602
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,098 Ft²
$354,161
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Texas Pride Custom Home featuring 4 bedroom and 2 bathrooms. Open layout with large one level island in kitchen. Custom cabinets and trim work through out the home. Kitchen will feature SS appliances, granite countertops, walk-in pantry and accent pendant lights over the island. Tray ceiling with wood accents and corner fireplace define the living space. Master bathroom feature dual vanity, free standing tub, separate shower and walk-in closet. All bedrooms will have carpet, hardwood look tile in the main living and kitchen, tile in bathrooms and wet areas. Property comes with 6ft privacy fence, full lot sprinkler system and sod. Estimated Completion June 2022
Unit Size
2,098 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$165
Property Type
House
Property Taxes
$55
HOA Dues
$10
Year Built
2022

Payment Calculator

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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 #14731166)

Price History

Date / Event Date Event Price
Jul 17, 2022 Sold
Premium
Sold
Dec 29, 2021 Listed by Berkshire Hathaway HS Stovall $346,170
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: 546
  • 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: 2,650
  • Gross Building Area: 2,649
  • Building Area: 2,104
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,104
  • 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 6, ACRES .198

Neighborhood

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

Geography

  • Parcel: 1056802
  • Block: H
  • Lot: 6
  • Municipality: ABILENE
  • Latitude: 32.379
  • Longitude: -99.7183

    Address

  • Full Address: 341 Garth Ridge Dr
  • Address - House Number: 341
  • 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: $742,498
  • Tax Rate Code Area: SWY

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 69
  • Final Value: 359,651
  • High Value: 439,036
  • Low Value: 280,267

    Market Valuation

  • Market Total Value: $343,352
  • Market Land Value: $30,000
  • Market Improvement Value: $313,352

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $343,352
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $313,352

    Sales

  • Current Sale Contract Date: Jul 13, 2022
  • Current Sale Recording Date: Jul 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 14786
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

1934 ft²

Average Home Age

44.8 years

Currently For Sale

265 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# 14731166
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 341 Garth Ridge Drive built and last sold?
The property at 341 Garth Ridge Drive was built in 2022 and last sold on Jul 13, 2022 for $304,246.
How much is this home worth?
The estimated value of the home located at 341 Garth Ridge Drive is $0.
What are some comparable homes to 341 Garth Ridge Drive?
There are currently no comparable homes to 341 Garth Ridge Drive.
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