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Abilene 79601 Ft. Phantom Area
40 Poverty Point Circle
$172,500
● House - Off Market

40 Poverty Point Circle

Abilene, TX 79601
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,048 Ft²
$275,592
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Waterfront property. 3 bedrooms 2 baths. Island kitchen. New vinyl flooring being installed throughout main house.  Small guest house needs work. Boat house.  Property to be sold As-IS. This would make a great project for someone and a great weekend place.  Nice view of the lake. Land is owned not leased. Buyer to verify all measurements.
Unit Size
2,048 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$95
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
2001

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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 #14235136)

Price History

Date / Event Date Event Price
May 6, 2020 Sold
Premium
Sold
Nov 30, 2019 Listed by Sendero Properties LLC $195,000
Listed by Sendero Properties LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 51,749
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,852
  • Gross Building Area: 4,852
  • Building Area: 4,852
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 11
  • Heated Square Feet: 528
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001188
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: FT PHANTOM HILL SECT 3 BLOCK 1 LOT 15

Neighborhood

  • School District Name: Abilene Independent School District
  • Census Tract: 020101

Geography

  • Account Number: 303602-000
  • Parcel: 23916
  • Block: 1
  • Lot: 15
  • Municipality: ABILENE
  • Latitude: 32.6071
  • Longitude: -99.6668

    Address

  • Full Address: 40 Poverty Point Cir
  • Address - House Number: 40
  • 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: $561,883
  • Tax Rate Code Area: CAB GJO HS

    Appraisal Valuation

  • Standard Deviation: 0.2571
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 281,259
  • High Value: 353,580
  • Low Value: 208,937

    Market Valuation

  • Market Total Value: $213,910
  • Market Land Value: $118,800
  • Market Improvement Value: $95,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $213,910
  • Assessed Land Value: $118,800
  • Assessed Improvements Value: $95,110

    Sales

  • Current Sale Contract Date: May 30, 2003
  • Current Sale Recording Date: May 30, 2003
  • Current Sale Document Type: 36
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

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NTREIS

Listed by: Amy Brumley, Sendero Properties LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14235136
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 40 Poverty Point Circle built and last sold?
The property at 40 Poverty Point Circle was built in 2001 and last sold on May 30, 2003 for $0.
How much is this home worth?
The estimated value of the home located at 40 Poverty Point Circle is $0.
What are some comparable homes to 40 Poverty Point Circle?
There are currently no comparable homes to 40 Poverty Point Circle.
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