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Abilene 79602
3865 Purdue Lane
$189,900
● House - Off Market

3865 Purdue Lane

Abilene, TX 79602
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,360 Ft²
$209,214
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Excellent home in the highly desirable Lytle South subdivision! This home features a split floor plan with a large living area complete with brick, wood burning fireplace. Master bedroom features vaulted ceilings with his and her sinks in the master bath with walk in closet. HVAC was replaced about a year ago and roof that is approximately 4 years old. This would make a great home for your family or an excellent rental property!
Unit Size
1,360 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$140
Property Type
House
Property Taxes
$347
HOA Dues
-
Year Built
2000

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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 #14694152)

Price History

Date / Event Date Event Price
Dec 16, 2021 Sold
Premium
Sold
Nov 2, 2021 Listed by Tommy Simons & Associates, REALTORS $189,900
Listed by Tommy Simons & Associates, REALTORS

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 471
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,831
  • Gross Building Area: 1,831
  • Building Area: 1,360
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,360
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LYTLE SHORES SOUTH SEC 5
  • 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 5, BLOCK Q, LOT 9

Neighborhood

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

Geography

  • Parcel: 53045
  • Block: Q
  • Lot: 9
  • Municipality: ABILENE
  • Latitude: 32.4034
  • Longitude: -99.7034

    Address

  • Full Address: 3865 Purdue Ln
  • Address - House Number: 3865
  • Address - Street Name: Purdue
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Abilene
  • Carrier Code: R010
  • 4-Digit Zip Code: 7466
  • Zip Code: 79602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $434,689
  • Tax Rate Code Area: SWY

    Appraisal Valuation

  • Standard Deviation: 0.2231
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 242,280
  • High Value: 296,343
  • Low Value: 188,218

    Market Valuation

  • Market Total Value: $202,331
  • Market Land Value: $13,200
  • Market Improvement Value: $189,131

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $201,012

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 13, 2021
  • Current Sale Recording Date: Dec 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021-00028010
  • Previous Sale Recording Date: Jul 25, 2016
  • Previous Sale Contract Date: Jul 22, 2016
  • Previous Sale Amount: $100,000
  • 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:

$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

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# 14694152
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 3865 Purdue Lane built and last sold?
The property at 3865 Purdue Lane was built in 2000 and last sold on Dec 13, 2021 for $190,200.
How much is this home worth?
The estimated value of the home located at 3865 Purdue Lane is $0.
What are some comparable homes to 3865 Purdue Lane?
There are currently no comparable homes to 3865 Purdue Lane.
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