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Irving 75060 Kensington Estates
501 Erikson Trail
$235,000
● House - Off Market

501 Erikson Trail

Irving, TX 75060
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,575 Ft²
$338,989
RealtyHop Estimate
48.45%
Since Apr 1, 2020
TX-Dallas
Primary Model

About This Property

Lovely 2 story, 3 Bedroom, 2.1 bath updated home in centralized Irving, on a corner peaceful lot with amazing neighbors! This beauty boasts bamboo hardwood floors throughout, granite counters in all wet areas, and a great spacious back yard for large gatherings. This is an ALL ELECTRIC home - NO gas! Walking distance to elementary & high school, minutes from Lonestar Park, Verizon Theater, and gorgeous neighborhood parks! Private running trails right across the street, and access to high school track! Conveniently between 4 major highways - Loop 12, i30, & The Bush.
Unit Size
1,575 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$145
Property Type
House
Property Taxes
$276
HOA Dues
-
Year Built
1979

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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 #14197864)

Price History

Date / Event Date Event Price
Mar 31, 2020 Sold
Premium
Sold
Oct 3, 2019 Listed by Citiwide Alliance Realty $228,350
Listed by Citiwide Alliance Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,840
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,015
  • Building Area: 1,575
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,575
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KENSINGTON ESTATES
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: A11
  • State Land Use Code: A11
  • Legal Description 1: KENSINGTON ESTATES BLK D LT 10 INT202000089811 DD03312020 CO-DC 2458000401000 2CI24580004

Neighborhood

  • School District Name: Irving Independent School District
  • School Tax School District: IRVING ISD
  • Census Tract: 015101

Zoning

  • Zoning: Z324

Geography

  • Assessors Map Reference: 322458000401000
  • Account Number: 322458000401000
  • Subdivision Tract Number: 24580
  • Parcel: 32-24580-004-010-0000
  • Block: D
  • Lot: 10
  • Municipality: IRVING
  • Latitude: 32.7919
  • Longitude: -96.9509

    Address

  • Full Address: 501 Erikson Trl
  • Address - House Number: 501
  • Address - Street Name: Erikson
  • Address - Suffix Type: Trl
  • State: TX
  • City Name: Irving
  • Carrier Code: C004
  • 4-Digit Zip Code: 6749
  • Zip Code: 75060

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $639,025
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: IS

    Appraisal Valuation

  • Standard Deviation: 0.2206
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 69
  • Final Value: 376,676
  • High Value: 459,800
  • Low Value: 293,552

    Market Valuation

  • Market Total Value: $275,900
  • Market Land Value: $70,000
  • Market Improvement Value: $205,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $275,900
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $205,900

    Sales

  • Current Sale Contract Date: Mar 31, 2020
  • Current Sale Recording Date: Apr 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202000089811
  • Previous Sale Recording Date: Aug 30, 2002
  • Previous Sale Contract Date: Aug 24, 2002
  • Previous Sale Amount: $117,700
  • Previous Sale Document Type: 71
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 Kensington Estates

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 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 431 W Pioneer Drive, Irving, TX, 75061

$3,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,632 ft²
431 W Pioneer Drive, Irving, TX, 75061 Listing by Julieanne Jones

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Lydia Brashear, Citiwide Alliance Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14197864
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 501 Erikson Trail built and last sold?
The property at 501 Erikson Trail was built in 1979 and last sold on Mar 31, 2020 for $233,900.
How much is this home worth?
The estimated value of the home located at 501 Erikson Trail is $0.
What are some comparable homes to 501 Erikson Trail?
There are currently no comparable homes to 501 Erikson Trail.
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