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Coleman 76834
507 Rio Grande Avenue
$100,000
● House - Off Market

507 Rio Grande Avenue

Coleman, TX 76834
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,424 Ft²
$157,383
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

FANTASTIC MOVE-IN READY 3 BED, 1 BATH HOME WITH 4-CAR ATTACHED GARAGE & CARPORT ON THE NORTH SIDE OF THE HILL IN COLEMAN! SPACIOUS LIVING AREA WITH FORMAL DINING AREA! HARDWOOD FLOORS THRU-OUT LIVING AREAS & KITCHEN! KITCHEN HAS BAR TOP, LOTS OF COUNTER SPACE, OVEN, DISHWASHER & TONS OF WOOD CABINETS! NICE-SIZED BEDROOMS (carpet) WITH CEILING FANS & WINDOW COVERINGS! LOVELY WOOD-STYLE BATHROOM WITH WALK-IN SHOWER & LARGE VANITY FEATURING DOUBLE SINKS! GIGANTIC SHADED BACK YARD WITH LARGE COVERED WOOD DECK, PRIVACY FENCE & HUGE WORKSHOP OR SHED! NEW EXTERIOR & INTERIOR PAINT! HVAC 2 YEARS OLD, WATER HEATER 2002, AND ROOF IS ABOUT 8-10 YEARS OLD. EXCELLENT CONDITION IN FABULOUS HIGHLY DESIRED NEIGHBORHOOD!
Unit Size
1,424 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$81
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

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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 #14356209)

Price History

Date / Event Date Event Price
Aug 28, 2020 Sold
Premium
Sold
Jun 4, 2020 Listed by Sujo McKee Real Estate $114,900
Listed by Sujo McKee Real Estate

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 486
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,300
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,424
  • Gross Building Area: 3,128
  • Building Area: 1,424
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 0
  • Heated Square Feet: 1,424
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTERN HILLS ADDITION
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: WESTERN HILLS ADDN TOWN COLEMAN, BLOCK 2, LOT 2

Neighborhood

  • School District Name: Coleman Independent School District
  • School Tax School District: CHD
  • Census Tract: 950300

Geography

  • Account Number: 2650-002-00020-000
  • Parcel: R18480
  • Block: 2
  • Lot: 2
  • Municipality: COLEMAN
  • Latitude: 31.8276
  • Longitude: -99.4384

    Address

  • Full Address: 507 Rio Grande St
  • Address - House Number: 507
  • Address - Street Name: Rio Grande
  • Address - Suffix Type: St
  • State: TX
  • City Name: Coleman
  • Carrier Code: C002
  • 4-Digit Zip Code: 3625
  • Zip Code: 76834

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $295,388
  • Tax Rate Code Area: RCO CCO GC

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 126,984
  • High Value: 184,737
  • Low Value: 69,230

    Market Valuation

  • Market Total Value: $123,700
  • Market Land Value: $5,700
  • Market Improvement Value: $118,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $123,700
  • Assessed Land Value: $5,700
  • Assessed Improvements Value: $118,000

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 28, 2020
  • Current Sale Recording Date: Aug 28, 2020
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202001238
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 Coleman

Stats & Trends

Median Asking:

$139,900

Sale Price/ft²

$95

Below Asking

0.05%

Average Days on Market

108

Average Home Size

1276 ft²

Average Home Age

-

Currently For Sale

54 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 705 E 9th Street, Coleman, TX, 76834

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 950 ft²
705 E 9th Street, Coleman, TX, 76834 Listing by Jordan Barton
Unit for rent at 113 N Nueces, Coleman, TX, 76834

$525 /mo

  • 1 Bed
  • 1 Bath
  • 578 ft²
113 N Nueces, Coleman, TX, 76834 Listing by Judy Crosson

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Sujo McKee, Sujo McKee Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14356209
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 507 Rio Grande built and last sold?
The property at 507 Rio Grande was built in and last sold on Aug 28, 2020 for $0.
How much is this home worth?
The estimated value of the home located at 507 Rio Grande is $0.
What are some comparable homes to 507 Rio Grande?
There are currently no comparable homes to 507 Rio Grande.
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