$324,999
●
House -
Off Market
406 Smith ST
Belton, TX 76513
3 Beds
3 Baths,
1
Half Bath
1,739 Ft²
$2,029
Est. Monthly
4.29%
Cap Rate
About This Property
This property is a rare find!! It's such a unique property in a
prime location. Built in 1915 and extensively remodeled in 2021,
this home offers charm without the remodeling stress. This
historic, single-story home is located next to a park and creek
with direct Walking/Biking/Hiking trail access. Trails cross the
creek to the University of Mary Hardin-Baylor and also take you to
charming Downtown Belton. It's situated on a large lot with a
spacious backyard. The home has abundant natural light and a large
wrap-around front porch. It still has the original hardwood floors
throughout but they have been reinforced and tile in bathrooms and
laundry. The 2021 remodel included a new roof, HVAC, Water Heater,
Windows, plumbing and electrical updates to name a few. Home
currently used as AirBnb and furniture is negotiable. Seller is
willing to sell it furnished. Washer/Dryer combo and Refrigerator
convey. Less than 1 mile walk to downtown Belton with restaurants,
coffee shops, and shopping destinations. Easy access to Lake
Belton, Stillhouse Lake, the Bell County Expo Center and the Summer
Fun Water Park. 43 miles to Waco. 60 miles to Austin.
Unit Size
1,739 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$187
Property Type
House
Property Taxes
$433
HOA Dues
-
Year Built
1915
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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: 3 years ago (Unlock MLS #ACT5782163)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 12, 2024 | Listed by Starsky Owen Realty | $324,999 | |
| Listed by Starsky Owen Realty | |||
| Oct 28, 2021 | No longer available | - | |
| No longer available | |||
| Sep 29, 2021 | In contract | - | |
| In contract | |||
| Sep 23, 2021 | No longer available | - | |
| No longer available | |||
| Sep 9, 2021 | Listed by Magnolia Realty Temple Beltn | $285,000 | |
| Listed by Magnolia Realty Temple Beltn | |||
| | |||
|
CHARMING piece of history! Just listed, this beautifully remodeled home in the heart of Belton. Built in 1915, this captivating home features some of its original hardwood floors that have been restored, a classic wrap around front porch and the captivating bonus room with gorgeous shiplap walls from floor to ceiling. In this home you will find 3 spacious bedrooms and 2 renovated bathrooms with custom tiles along with a wide open living, dining room and kitchen. What an incredible opportunity! Whether you are looking for the next home for your family or looking to expand your rental portfolio, this is the perfect home. - Located within walking distance to the University of Mary Hardin-Baylor, Harris Park and Community Center, Yettie Polk Park and all of the shopping and dining downtown Belton has to offer this would make the IDEAL rental!! The manager has listed the unit size as 1739 square feet.
| |||
Property Highlights
Air Conditioning
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Belton
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Listed by: Starsky Owen
Listed Office: Starsky Owen Realty - Listing courtesy of Unlock MLS
Phone: (512) 240-2405
Last Updated: 2024-02-27 18:04:50
Data Source: Unlock MLS, MLS# ACT5782163
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Starsky Owen Realty - Listing courtesy of Unlock MLS
Phone: (512) 240-2405
Last Updated: 2024-02-27 18:04:50
Data Source: Unlock MLS, MLS# ACT5782163
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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