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Palmer 75152
350 Cosey Street
$177,000
● House - Off Market

350 Cosey Street

Palmer, TX 75152
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,586 Ft²
$250,519
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Back on the Market with a price improvement! Quaint little 1940's home ready for your family.  This very rare find, almost one acre property in town, will give you plenty of space without being in the country.  The 24x30 workshop has electricity and air conditioning.  The storage shed is 24x12 and has been used for an office.
Unit Size
1,586 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$119
Property Type
House
Property Taxes
$265
HOA Dues
-
Year Built
1948

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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 #14380505)

Price History

Date / Event Date Event Price
Nov 30, 2020 Sold
Premium
Sold
Jul 4, 2020 Listed by Keller Williams Realty $189,000
Listed by Keller Williams Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1965
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 676
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,249
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,586
  • Gross Building Area: 1,634
  • Building Area: 1,586
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,586
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: J.L. EVERETT ADDN
  • Land Acres: 0000000924
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 3; PT OF 2 & 4 & 6-10 BLK 3 J.L. EVERETT ADDN .924 AC

Neighborhood

  • School District Name: Palmer Independent School District
  • Census Tract: 060106

Geography

  • Assessors Map Reference: 1085-M
  • Parcel: 168420
  • Block: 3
  • Lot: 3
  • Municipality: PALMER
  • Latitude: 32.4316
  • Longitude: -96.6734

    Address

  • Full Address: 350 Cosey St
  • Address - House Number: 350
  • Address - Street Name: Cosey
  • Address - Suffix Type: St
  • State: TX
  • City Name: Palmer
  • Carrier Code: R003
  • 4-Digit Zip Code: 9670
  • Zip Code: 75152

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $388,815
  • Tax Rate Code Area: 510

    Appraisal Valuation

  • Standard Deviation: 0.3744
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 25
  • Final Value: 168,691
  • High Value: 231,850
  • Low Value: 105,531

    Market Valuation

  • Market Total Value: $278,021
  • Market Land Value: $80,000
  • Market Improvement Value: $198,021

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $211,230

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 02, 2020
  • Current Sale Recording Date: Dec 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2044877
  • Previous Sale Recording Date: Dec 02, 2020
  • Previous Sale Contract Date: Nov 30, 2020
  • Previous Sale Amount: $176,100
  • 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 Palmer

Stats & Trends

Median Asking:

$304,900

Sale Price/ft²

$188

Below Asking

0.02%

Average Days on Market

85

Average Home Size

1771 ft²

Average Home Age

22.5 years

Currently For Sale

17 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 443 N Stacks Street, Palmer, TX, 75152

$2,250 /mo

  • 4 Beds
  • 3 Baths
  • 1,638 ft²
443 N Stacks Street, Palmer, TX, 75152 Listing by Natalie Whitaker
Unit for rent at 447 N Stacks Street, Palmer, TX, 75152

$2,250 /mo

  • 4 Beds
  • 3 Baths
  • 1,638 ft²
447 N Stacks Street, Palmer, TX, 75152 Listing by Natalie Whitaker

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Tina Ensinia, Keller Williams Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14380505
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 350 Cosey Street built and last sold?
The property at 350 Cosey Street was built in 1948 and last sold on Dec 2, 2020 for $303,800.
How much is this home worth?
The estimated value of the home located at 350 Cosey Street is $0.
What are some comparable homes to 350 Cosey Street?
There are currently no comparable homes to 350 Cosey Street.
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