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Cisco 76437
507 W 7th Street
$150,000
● House - Off Market

507 W 7th Street

Cisco, TX 76437
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,751 Ft²
$175,045
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Welcome home to this charming three bedroom, two bathroom home that is conveniently nestled in the heart of Cisco. Step inside and be welcomed with an abundance of highly desirable features such as two cozy wood-burning fireplaces, 9ft ceilings, hard-wood flooring, extra large bedrooms and plenty of storage and closet space. The sizable kitchen offers beautiful custom white cabinetry and an open layout to the dining and living space creating the perfect environment for entertaining family and friends. Outdoors, relax and unwind on your front porch and take advantage of extra storage space with two 16X20 sheds. Do not miss the opportunity to call this beautiful place home.
Unit Size
1,751 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$94
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1940

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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 #20109619)

Price History

Date / Event Date Event Price
Dec 29, 2022 Sold
Premium
Sold
Jul 13, 2022 Listed by Frisco Stars LLC $164,999
Listed by Frisco Stars LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 3
  • Garage Square Area: 264
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,282
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 980
  • Total Building Area: 3,816
  • Gross Building Area: 3,816
  • Building Area: 3,816
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,462
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OT CISCO
  • Land Acres: 0000000259
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: 5 BLK P S/D 1 OT CISCO (98X115)

Neighborhood

  • School District Name: Cisco Independent School District
  • Census Tract: 950301

Geography

  • Account Number: 068800264000000000000
  • Parcel: 5022
  • Block: P
  • Lot: 5
  • Municipality: CISCO
  • Latitude: 32.3866
  • Longitude: -98.9841

    Address

  • Full Address: 507 W 7th St
  • Address - House Number: 507
  • Street Direction: W
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: TX
  • City Name: Cisco
  • Carrier Code: C003
  • 4-Digit Zip Code: 3018
  • Zip Code: 76437

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $305,335
  • Tax Rate Code Area: 11 31 63 6

    Appraisal Valuation

  • Standard Deviation: 0.4473
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 10
  • Final Value: 147,817
  • High Value: 213,938
  • Low Value: 81,695

    Market Valuation

  • Market Total Value: $153,630
  • Market Land Value: $3,720
  • Market Improvement Value: $149,910

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $153,630
  • Assessed Land Value: $3,720
  • Assessed Improvements Value: $149,910

    Sales

  • Current Sale Contract Date: Dec 29, 2022
  • Current Sale Recording Date: Dec 30, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4253
  • Previous Sale Recording Date: Jul 10, 2020
  • Previous Sale Contract Date: Jul 07, 2020
  • 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 Cisco

Stats & Trends

Median Asking:

$142,000

Sale Price/ft²

$110

Below Asking

0.05%

Average Days on Market

67

Average Home Size

1924 ft²

Average Home Age

80.4 years

Currently For Sale

16 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 802 E 21st, Cisco, TX, 76437

$1,000 /mo

  • 2 Beds
  • 2 Baths
  • 950 ft²
802 E 21st, Cisco, TX, 76437 Listing by Jennifer Stewart
Unit for rent at 1512 Primrose Lane, TX, 76437

$632 /mo

  • 1 Bed
  • 1 Bath
  • 12,220 ft²
1512 Primrose Lane, TX, 76437 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Holly Petree, Frisco Stars LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20109619
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 507 West 7th Street built and last sold?
The property at 507 West 7th Street was built in 1940 and last sold on Dec 29, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 507 West 7th Street is $0.
What are some comparable homes to 507 West 7th Street?
There are currently no comparable homes to 507 West 7th Street.
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