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Palmer 75152
416 Caloway Drive
$139,000
● House - Off Market

416 Caloway Drive

Palmer, TX 75152
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,228 Ft²
$202,000
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Adorable 3 bed 2 bath on half acre!. Great kitchen with loads of cabinets, bring in the COOK! Open concept kitchen, living and dining. BBQ in the back yard and enjoy the covered patio and big back yard. Playhouse and storage shed stays.
Unit Size
1,228 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$112
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
1975

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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 #14191906)

Price History

Date / Event Date Event Price
Nov 15, 2019 Sold
Premium
Sold
Sep 29, 2019 Listed by City Real Estate $138,000
Listed by City Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 2
  • 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: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 180
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,998
  • Lot Size Depth Feet: 2,200
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,228
  • Gross Building Area: 1,420
  • Building Area: 1,228
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,228
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREEN ACS SOUTH-REV
  • Land Acres: 0000000505
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 134 GREEN ACS SOUTH-REV 0.505 AC

Neighborhood

  • School District Name: Palmer Independent School District
  • Census Tract: 060106

Geography

  • Assessors Map Reference: 1085-L
  • Parcel: 168559
  • Lot: 134
  • Municipality: PALMER
  • Latitude: 32.4265
  • Longitude: -96.6809

    Address

  • Full Address: 416 Calloway St
  • Address - House Number: 416
  • Address - Street Name: Calloway
  • Address - Suffix Type: St
  • State: TX
  • City Name: Palmer
  • Zip Code: 75152

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $371,521
  • Tax Rate Code Area: 510

    Appraisal Valuation

  • Standard Deviation: 0.3744
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 25
  • Final Value: 116,127
  • High Value: 159,606
  • Low Value: 72,647

    Market Valuation

  • Market Total Value: $188,873
  • Market Land Value: $66,200
  • Market Improvement Value: $122,673

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,873
  • Assessed Land Value: $66,200
  • Assessed Improvements Value: $122,673

    Sales

  • Current Sale Contract Date: Nov 15, 2019
  • Current Sale Recording Date: Nov 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 1935094
  • Previous Sale Recording Date: Aug 18, 2015
  • Previous Sale Contract Date: Aug 17, 2015
  • Previous Sale Amount: $121,800
  • 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 Palmer

Stats & Trends

Median Asking:

$304,950

Sale Price/ft²

$187

Below Asking

0.03%

Average Days on Market

85

Average Home Size

1763 ft²

Average Home Age

21.3 years

Currently For Sale

18 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 447 N Stacks Street, Palmer, TX, 75152

$2,250 /mo

  • 4 Beds
  • 3 Baths
  • 1,638 ft²
447 N Stacks Street, Palmer, TX, 75152 Listing by Natalie Whitaker

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Janie Hendrix, City Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14191906
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 416 Calloway Street built and last sold?
The property at 416 Calloway Street was built in 1975 and last sold on Nov 15, 2019 for $168,500.
How much is this home worth?
The estimated value of the home located at 416 Calloway Street is $143,847.
What are some comparable homes to 416 Calloway Street?
There are currently no comparable homes to 416 Calloway Street.
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