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Abilene 79606 Chimney Rock Area
42 Hoylake Drive
$435,000
● House - Off Market

42 Hoylake Drive

Abilene, TX 79606
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,554 Ft²
$2,821
Est. Monthly
$10
HOA / Fees
3.63%
Cap Rate
Unit Size
2,554 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$170
Property Type
House
Property Taxes
$675
HOA Dues
$10
Year Built
1995

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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 #20436064)

Price History

Date / Event Date Event Price
Apr 29, 2024 No longer available -
No longer available
Jan 5, 2024 Sold
Premium
Sold
Dec 1, 2023 In contract -
In contract
Nov 14, 2023 Listed by Coldwell Banker Apex $435,000
Listed by Coldwell Banker Apex
The manager has listed the unit size as 2554 square feet.
Oct 20, 2023 Listed by Coldwell Banker Apex, REALTORS $435,000
Listed by Coldwell Banker Apex, REALTORS
Show More

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 704
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,700
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 900
  • Total Building Area: 3,290
  • Gross Building Area: 3,290
  • Building Area: 2,586
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,586
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRWAYS
  • Land Acres: 0000000269
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: FAIRWAYS, BLOCK A, LOT 32 CONT 1

Neighborhood

  • School District Name: Wylie Independent School District
  • Census Tract: 012701

Geography

  • Parcel: 77121
  • Block: A
  • Lot: 32
  • Municipality: ABILENE
  • Latitude: 32.3735
  • Longitude: -99.7513

    Address

  • Full Address: 42 Hoylake Dr
  • Address - House Number: 42
  • Address - Street Name: Hoylake
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Abilene
  • Carrier Code: C085
  • 4-Digit Zip Code: 5132
  • Zip Code: 79606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $785,709
  • Tax Rate Code Area: SWY

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 81
  • Final Value: 429,537
  • High Value: 494,375
  • Low Value: 364,699

    Market Valuation

  • Market Total Value: $385,554
  • Market Land Value: $26,910
  • Market Improvement Value: $358,644

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $363,334

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 04, 2024
  • Current Sale Recording Date: Jan 05, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 213
  • Previous Sale Recording Date: Sep 19, 2017
  • Previous Sale Contract Date: Sep 18, 2017
  • Previous Sale Amount: $285,000
  • 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 Chimney Rock Area

Stats & Trends

Median Asking:

$330,000

Sale Price/ft²

$169

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2587 ft²

Average Home Age

38.1 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 3189 Chimney Circle, Abilene, TX, 79606

$1,895 /mo

  • 2 Beds
  • 2 Baths
  • 1,474 ft²
3189 Chimney Circle, Abilene, TX, 79606 Listing by Michael Powell

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Kelli Kish, Coldwell Banker Apex, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20436064
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 42 Hoylake Drive built and last sold?
The property at 42 Hoylake Drive was built in 1995 and last sold on Jan 4, 2024 for $402,334.
How much is this home worth?
The estimated value of the home located at 42 Hoylake Drive is $0.
What are some comparable homes to 42 Hoylake Drive?
There are currently no comparable homes to 42 Hoylake Drive.
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