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Abilene 79602
3709 Scranton Lane
$155,000
● House - Off Market

3709 Scranton Lane

Abilene, TX 79602
bedrooms
2 Beds
bathrooms
0 Bath
square feet
912 Ft²
$1,028
Est. Monthly
5.68%
Cap Rate

About This Property

This beautiful home has so much to offer! It's spacious living room and big back patio are an entertainers dream! New waterproof laminate flooring, new fence and back gate, new fiberglass door and storm door, new exterior paint as well as custom blinds.

This home is move in ready and is in the highly desired Wylie schools and is centrally located to all shops and restaurants! Make this home yours today!
Unit Size
912 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$170
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1981

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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: 2 years ago (NTREIS #20796082)

Price History

Date / Event Date Event Price
Feb 26, 2025 Sold
Premium
Sold
Jan 31, 2025 In contract -
In contract
Jan 29, 2025 Price Decreased $155,000
↓ $11K (6.6%)
Price Decreased
Jan 9, 2025 Price Decreased $166,000
↓ $3K (1.7%)
Price Decreased
Dec 12, 2024 Listed by KW SYNERGY* $168,900
Listed by KW SYNERGY*
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,152
  • Gross Building Area: 1,152
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 912
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LYTLE SHORES SOUTH SEC 2
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LYTLE SHORES SOUTH SEC 2, BLOCK F, LOT 12

Neighborhood

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

Geography

  • Parcel: 16381
  • Block: F
  • Lot: 12
  • Municipality: ABILENE
  • Latitude: 32.4064
  • Longitude: -99.7052

    Address

  • Full Address: 3709 Scranton Ln
  • Address - House Number: 3709
  • Address - Street Name: Scranton
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Abilene
  • Carrier Code: R010
  • 4-Digit Zip Code: 7495
  • Zip Code: 79602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $296,092
  • Tax Rate Code Area: SWY

    Appraisal Valuation

  • Standard Deviation: 0.2275
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 222,995
  • High Value: 273,731
  • Low Value: 172,258

    Market Valuation

  • Market Total Value: $144,880
  • Market Land Value: $13,200
  • Market Improvement Value: $131,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $136,921

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 12, 2023
  • Current Sale Recording Date: Jul 13, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11340
  • Previous Sale Recording Date: Sep 23, 2019
  • Previous Sale Contract Date: Sep 20, 2019
  • Previous Sale Amount: $137,000
  • 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 Abilene

Stats & Trends

Median Asking:

$270,000

Sale Price/ft²

$165

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1934 ft²

Average Home Age

45.6 years

Currently For Sale

257 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 1009 Locust Street, Abilene, TX, 79536

$1,695 /mo

  • 3 Beds
  • 2 Baths
  • 1,200 ft²
1009 Locust Street, Abilene, TX, 79536 Listing by Judy Crosson

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Kalyn Schmitz, KW SYNERGY*
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20796082
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 3709 Scranton Lane built and last sold?
The property at 3709 Scranton Lane was built in 1981 and last sold on Jul 12, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 3709 Scranton Lane is $0.
What are some comparable homes to 3709 Scranton Lane?
There are currently no comparable homes to 3709 Scranton Lane.
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