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McGregor 76657 McGinley
506 David Davis Road
$347,000
● House - Off Market

506 David Davis Road

McGregor, TX 76657
bedrooms
4 Beds
bathrooms
0 Bath
square feet
1,880 Ft²
$343,068
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Fall in love with this beauty located in the peaceful town of McGregor.  Spacious bedrooms, open concept with gorgeous kitchen equipped with modern stainless steel appliances, gorgeous granite countertops and plenty of cabinet space making it a perfect space for cooking and entertaining. The dining area is adjacent to the kitchen with a door to access the coverd patio and backyard.  The primary bedroom is a cozy retreat with an ensuite bathroom featuring double sinks and a spacious shower and a walk in closet. The other bedrooms are on the opposite side of the house and share a bathroom with plenty of storage space.Two car garage with ample driveway parking. Just a short drive from local shopping, dining, close to Waco,Temple and Gatesville.
Unit Size
1,880 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$184
Property Type
House
Property Taxes
$22
HOA Dues
-
Year Built
2022

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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: 2 years ago (NTREIS #211372)

Price History

Date / Event Date Event Price
Aug 29, 2023 Sold
Premium
Sold
Oct 5, 2022 Listed by Kelly, Realtors $345,000
Listed by Kelly, Realtors

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2022
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,377
  • Gross Building Area: 2,377
  • Building Area: 1,893
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,893
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MCGINLEY
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: MCGINLEY LOT 10 BLOCK 5 ACRES .1515

Neighborhood

  • School District Name: McGregor Independent School District
  • Census Tract: 003902

Zoning

  • Zoning: R

Geography

  • Parcel: 34-131000-008305-8
  • Block: 5
  • Lot: 10
  • Municipality: CITY OF MCGREGOR
  • Latitude: 31.421
  • Longitude: -97.3931

    Address

  • Full Address: 506 David Davis Dr
  • Address - House Number: 506
  • Address - Street Name: David Davis
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Mcgregor
  • Carrier Code: R003
  • 4-Digit Zip Code: 2215
  • Zip Code: 76657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $34,038
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 86

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 76
  • Final Value: 319,639
  • High Value: 377,724
  • Low Value: 261,554

    Market Valuation

  • Market Total Value: $345,660
  • Market Land Value: $14,520
  • Market Improvement Value: $331,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $345,660
  • Assessed Land Value: $14,520
  • Assessed Improvements Value: $331,140

    Sales

  • Current Sale Contract Date: Aug 29, 2023
  • Current Sale Recording Date: Aug 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 27512
  • Previous Sale Recording Date: Aug 12, 2022
  • Previous Sale Contract Date: Aug 11, 2022
  • Previous Sale Amount: $275,000
  • 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 McGinley

Stats & Trends

Median Asking:

$242,250

Sale Price/ft²

$153

Below Asking

0.07%

Average Days on Market

214

Average Home Size

1761 ft²

Average Home Age

19.7 years

Currently For Sale

3 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 105 Pullen Street, McGregor, TX, 76657

$1,875 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
105 Pullen Street #A, McGregor, TX, 76657 Listing by Renetta Degrate

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Maritza Perez, Kelly, Realtors
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 211372
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 506 David Davis Drive built and last sold?
The property at 506 David Davis Drive was built in 2022 and last sold on Aug 29, 2023 for $325,772.
How much is this home worth?
The estimated value of the home located at 506 David Davis Drive is $0.
What are some comparable homes to 506 David Davis Drive?
There are currently no comparable homes to 506 David Davis Drive.
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