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Comanche 76442
408 E Central Avenue
$117,500
● Land - Off Market

408 E Central Avenue

Comanche, TX 76442
bedrooms
Studio
bathrooms
0 Bath
$712
Est. Monthly

About This Property

Great Commercial Location! This property goes street to street on Central Ave, US Hwy 377,67! Currently residential...2 bedroom, 1 bath, all electric, central heat & air, 1 car carport, fenced yard with pecan trees & storage barn! The living room has been updated with new paint & flooring. Some updates to the home have been made, but it is in need of some TLC. Lots of possibilities with this place! Being sold As-Is.
Unit Size
-
Days on Market
-
Land Size
0.72 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1920

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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 #20524469)

Price History

Date / Event Date Event Price
Jan 9, 2025 Sold
Premium
Sold
Nov 6, 2024 In contract -
In contract
Aug 29, 2024 Price Decreased $144,900
↓ $5K (3.3%)
Price Decreased
Feb 1, 2024 Listed by FULL HOUSE REALTY $149,900
Listed by FULL HOUSE REALTY

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • 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: 31,202
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,666
  • Gross Building Area: 1,666
  • Building Area: 1,666
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,038
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000716
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: ORIG COMANCHE, BLOCK 34 W/2 OF NE/4 & SE/4, ACRES .7163, (TR 4 & TR 8)

Neighborhood

  • School District Name: Comanche Independent School District
  • School Tax School District: SCO WTD
  • Census Tract: 950300

Geography

  • Account Number: CCO-08-0255
  • Subdivision Tract Number: 4
  • Parcel: 3140
  • Block: 34
  • Municipality: COMANCHE
  • Latitude: 31.8972
  • Longitude: -98.5998

    Address

  • Full Address: 408 E Central Ave
  • Address - House Number: 408
  • Street Direction: E
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Comanche
  • Carrier Code: C002
  • 4-Digit Zip Code: 2515
  • Zip Code: 76442

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $85,201
  • Tax Rate Code Area: CCO FMB GC

    Appraisal Valuation

  • Standard Deviation: 0.1942
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 199,140
  • High Value: 237,827
  • Low Value: 160,452

    Market Valuation

  • Market Total Value: $63,560
  • Market Land Value: $5,460
  • Market Improvement Value: $58,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,560
  • Assessed Land Value: $5,460
  • Assessed Improvements Value: $58,100

    Exemptions

  • Homeowner Exemption: Yes
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 Comanche

Stats & Trends

Median Asking:

$184,000

Sale Price/ft²

$126

Above Asking

0.01%

Average Days on Market

75

Average Home Size

2041 ft²

Average Home Age

82.5 years

Currently For Sale

34 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 404 Wrights Avenue, Comanche, TX, 76442

$1,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,200 ft²
404 Wrights Avenue, Comanche, TX, 76442 Listing by Jami Tunnell
Unit for rent at 404 1/2 Wright Avenue, Comanche, TX, 76442

$800 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
404 1/2 Wright Avenue, Comanche, TX, 76442 Listing by Jami Tunnell

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Stephanie Allen, FULL HOUSE REALTY
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20524469
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 408 East Central Avenue built and last sold?
The property at 408 East Central Avenue was built in 1920 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 408 East Central Avenue is $197,845.
What are some comparable homes to 408 East Central Avenue?
There are currently no comparable homes to 408 East Central Avenue.
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