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Boyd 76023
516 Knox Avenue
$150,000
● House - Off Market

516 Knox Avenue

Boyd, TX 76023
bedrooms
2 Beds
bathrooms
3 Baths, 3 Half Baths
square feet
1,885 Ft²
$229,105
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

Large 2-bedroom home with multiple uses. Open Concept Kitchen and Living. BONUS 1200 sqft Metal building fully converted and set up with Water and Separate Electric. Including 2 additional half baths and Large Utility Room. Would be a great Home office for a small business owner.  Located on Double lot within walking distance of Intermediate, Junior High and High School. Additional building could also serve as an income property and be converted to a small apartment or Mother-In-Law suite. Recent updates include Large High Efficiency HVAC installed in 2017, Over 3k in Electrical wiring updates, Updated Water Heater and Carpet. Come see the variety of opportunities this home has to offer.
Unit Size
1,885 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$84
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
1958

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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 #14257579)

Price History

Date / Event Date Event Price
Feb 20, 2020 Sold
Premium
Sold
Jan 10, 2020 Listed by DFW Real Estate Group $158,700
Listed by DFW Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,945
  • Total Building Area: 1,885
  • Gross Building Area: 1,885
  • Building Area: 1,885
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,885
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: BOYD OUTLOTS
  • Land Acres: 0000000389
  • Standard Land Use Code: 2000
  • County Land Use Code: F1
  • Legal Description 1: BLK 5 BOYD OUTLOTS

Neighborhood

  • School District Name: Boyd Independent School District
  • School Tax School District: BOYD ISD
  • School Tax District Code 2: FIRE DIST #1
  • School Tax District Code 3: FM FLOOD-LATERA
  • Census Tract: 150605

Geography

  • Assessors Map Reference: AIR MAP: BOYD
  • Account Number: 000000768998
  • District: CBO
  • Parcel: S0240.0005.03
  • Block: 5
  • Municipality: CITY OF BOYD
  • Latitude: 33.0753
  • Longitude: -97.5711

    Address

  • Full Address: 516 Knox Ave
  • Address - House Number: 516
  • Address - Street Name: Knox
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Boyd
  • Carrier Code: R003
  • 4-Digit Zip Code: 3214
  • Zip Code: 76023

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $459,127
  • Tax Rate Code Area: CBO,F01,LT

    Market Valuation

  • Market Total Value: $247,484
  • Market Land Value: $16,945
  • Market Improvement Value: $230,539

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $247,484
  • Assessed Land Value: $16,945
  • Assessed Improvements Value: $230,539

    Sales

  • Current Sale Contract Date: Feb 20, 2020
  • Current Sale Recording Date: Feb 21, 2020
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202002109
  • Previous Sale Recording Date: Oct 05, 2007
  • Previous Sale Contract Date: Oct 05, 2007
  • Previous Sale Document Type: 27
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 Boyd

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$199

Below Asking

0.03%

Average Days on Market

91

Average Home Size

3006 ft²

Average Home Age

13.7 years

Currently For Sale

12 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 125 Running River, Boyd, TX, 76023

$1,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,333 ft²
125 Running River, Boyd, TX, 76023 Listing by Laura Ortiz

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Angel Clark, DFW Real Estate Group
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14257579
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 516 Knox Avenue built and last sold?
The property at 516 Knox Avenue was built in 1958 and last sold on Feb 20, 2020 for $0.
How much is this home worth?
The estimated value of the home located at 516 Knox Avenue is $0.
What are some comparable homes to 516 Knox Avenue?
There are currently no comparable homes to 516 Knox Avenue.
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