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Pittsburg 75686
508 Elm Street
$138,000
● House - Off Market

508 Elm Street

Pittsburg, TX 75686
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,064 Ft²
$148,418
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Fully updated and adorable, this move-in ready starter home in Pittsburg is ready for anyone seeking a cozy getaway in the heart of Pittsburg. Featuring 2-bedrooms and 1-bath, this cutie has a neutral color palette to fit any taste, highlighted by large windows letting in lots of natural light. In the open-concept floor plan, the main dining, living area and kitchen are separated by a bar area that offers additional seating, making the space a perfect fit for entertaining. A subway tile back-splash adds a charming detail in the kitchen, which has stainless appliances. Modern updates abound in the bathroom, along with new fixtures and double vanities. In the backyard, a metal shed adds room for work and storage.
Unit Size
1,064 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$131
Property Type
House
Property Taxes
-
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 #20167439)

Price History

Date / Event Date Event Price
Dec 9, 2022 Sold
Premium
Sold
Sep 19, 2022 Listed by Mayben Realty, LLC $139,900
Listed by Mayben Realty, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 240
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,581
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,064
  • Gross Building Area: 1,448
  • Building Area: 1,064
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,064
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HEATH ADD
  • Land Acres: 0000000197
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LOT 12 HEATH ADDITION AKA BLK 16

Neighborhood

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

Geography

  • Account Number: 7424
  • Parcel: 11000-01600-01200-000000
  • Block: 16
  • Lot: 12
  • Municipality: PITTSBURG
  • Latitude: 33.0026
  • Longitude: -94.9752

    Address

  • Full Address: 508 Elm St
  • Address - House Number: 508
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: TX
  • City Name: Pittsburg
  • Carrier Code: C001
  • 4-Digit Zip Code: 1012
  • Zip Code: 75686

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $281,635
  • Tax Rate Code Area: 1 1R 10 30

    Appraisal Valuation

  • Standard Deviation: 0.4046
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 19
  • Final Value: 142,431
  • High Value: 200,071
  • Low Value: 84,790

    Market Valuation

  • Market Total Value: $145,893
  • Market Land Value: $5,460
  • Market Improvement Value: $140,433

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $145,893
  • Assessed Land Value: $5,460
  • Assessed Improvements Value: $140,433

    Sales

  • Current Sale Contract Date: Dec 09, 2022
  • Current Sale Recording Date: Dec 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 71609
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 Pittsburg

Stats & Trends

Median Asking:

$237,500

Sale Price/ft²

$125

Below Asking

0.01%

Average Days on Market

77

Average Home Size

2241 ft²

Average Home Age

53.6 years

Currently For Sale

8 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

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NTREIS

Listed by: David Mayben, Mayben Realty, LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20167439
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 508 Elm Street built and last sold?
The property at 508 Elm Street was built in 1979 and last sold on Dec 9, 2022 for $135,471.
How much is this home worth?
The estimated value of the home located at 508 Elm Street is $0.
What are some comparable homes to 508 Elm Street?
There are currently no comparable homes to 508 Elm Street.
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