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507 Franklin Avenue

507 Franklin Avenue, Panhandle, TX 79068
House in Panhandle
507 Franklin Avenue in Panhandle, TX was first built in 1948 and is 78 years old. This has been categorized as a property type. There are a total of 100 floors. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 507 Franklin Avenue has 1,056 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 540 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 7,579 square feet.

Learn more about the property and building on this page. For those who need parking, there is a . The garage is 300 sqft. The condition of the building has been evaluated as . We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $89,638 in taxes each year. 507 Franklin Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $45,120. If we break it down further, the land itself was valued at $4,320. Improvements to the property, however, were assessed at a total of $40,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Detached Garage

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20211125
11/25/2021
3 Bed
1 Bath
1056 ft²
$65,000
bedrooms
3 Bed
bathrooms
1 Bath
square feet
1056 ft²
-
-
Maria Brinkley
Brinkley Real Estate


Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 300
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,579
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 540
  • Total Building Area: 1,463
  • Gross Building Area: 1,463
  • Building Area: 1,463
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELLIS SUB
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LT 3 & S4 LT 2 BLK 31 ELLIS SUB - PANHANDLE

Neighborhood

  • School District Name: Panhandle Independent School District
  • Census Tract: 950200

Geography

  • Account Number: 1378
  • Parcel: 00965-00045-00000-000000
  • Block: 31
  • Lot: 2,3
  • Municipality: PANHANDLE
  • Latitude: 35.3444
  • Longitude: -101.385

    Address

  • Full Address: 507 Franklin Ave
  • Address - House Number: 507
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Panhandle
  • Carrier Code: R777
  • 4-Digit Zip Code: 1919
  • Zip Code: 79068

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $89,638
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 1 11 30 61

    Appraisal Valuation

  • Standard Deviation: 0.4379
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 12
  • Final Value: 77,201
  • High Value: 111,012
  • Low Value: 43,389

    Market Valuation

  • Market Total Value: $45,120
  • Market Land Value: $4,320
  • Market Improvement Value: $40,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,120
  • Assessed Land Value: $4,320
  • Assessed Improvements Value: $40,800

    Sales

  • Current Sale Contract Date: Feb 21, 2024
  • Current Sale Recording Date: Feb 21, 2024
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 185
  • Previous Sale Recording Date: Sep 08, 2022
  • Previous Sale Contract Date: Mar 28, 2022
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Panhandle



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Frequently Asked Questions

What neighborhood is 507 Franklin Avenue located in?
The 507 Franklin Avenue is a house located in the neighborhood of Panhandle in Panhandle, Panhandle.
What is the average sales price for listings in 507 Franklin Avenue?
The average sales price for units in 507 Franklin Avenue is $0 currently.