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Rusk 75691
423 Aprils Way
$379,900
● House - Off Market

423 Aprils Way

Tatum, TX 75691
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,295 Ft²
$378,863
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Welcome to your custom built, one owner home located in a quiet, serene neighborhood in the highly desired Tatum ISD. No detail was missed in this custom home with several amenities including an office, half-bath, mud area, formal dining space and double-sided wood burning fireplace. Where calm, country living meets the convenience of an easy trip to several neighboring towns such as Longview, Marshall, Carthage, and Henderson. Schedule your private tour today; you certainly do not want to let this one get away!
Unit Size
2,295 Ft²
Days on Market
-
Land Size
0.98 acres
Price per sqft
$166
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2010

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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: 3 years ago (NTREIS #20356532)

Price History

Date / Event Date Event Price
Jul 17, 2023 Sold
Premium
Sold
Jun 14, 2023 Listed by Texas Real Estate Executives $379,900
Listed by Texas Real Estate Executives

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 631
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,253
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,265
  • Building Area: 2,265
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,265
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000970
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LT 9 BLK B SHAN D SUB AB 350-366 A GREEN-S HAZEL SUR

Neighborhood

  • School District Name: Tatum Independent School District
  • Census Tract: 950101

Geography

  • Account Number: 04110-00300-00000-000000
  • Parcel: 2193
  • Block: B
  • Lot: 9
  • Municipality: TATUM
  • Latitude: 32.2888
  • Longitude: -94.5692

    Address

  • Full Address: 423 Aprils Way
  • Address - House Number: 423
  • Address - Street Name: Aprils
  • Address - Suffix Type: Way
  • State: TX
  • City Name: Tatum
  • Carrier Code: R002
  • 4-Digit Zip Code: 3515
  • Zip Code: 75691

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $438,633
  • Tax Rate Code Area: 4 5 52 65

    Appraisal Valuation

  • Standard Deviation: 0.2438
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 361,083
  • High Value: 449,141
  • Low Value: 273,026

    Market Valuation

  • Market Total Value: $285,480
  • Market Land Value: $22,550
  • Market Improvement Value: $262,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $285,480
  • Assessed Land Value: $22,550
  • Assessed Improvements Value: $262,930

    Sales

  • Current Sale Contract Date: Jul 24, 2023
  • Current Sale Recording Date: Jul 24, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 243640
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 Rusk

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$148

Below Asking

0.04%

Average Days on Market

98

Average Home Size

2350 ft²

Average Home Age

43.8 years

Currently For Sale

24 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

Rentals Near You

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NTREIS

Listed by: Heather Kelly, Texas Real Estate Executives
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20356532
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 423 Aprils Lane built and last sold?
The property at 423 Aprils Lane was built in 2010 and last sold on Jul 24, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 423 Aprils Lane is $0.
What are some comparable homes to 423 Aprils Lane?
There are currently no comparable homes to 423 Aprils Lane.
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