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Anson 79501
532 Commercial Avenue
$125,000
● House - Off Market

532 Commercial Avenue

Anson, TX 79501
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,144 Ft²
$1,048
Est. Monthly
7.96%
Cap Rate

About This Property

Unbelievable charm in this spacious three bedroom brick home with many original details including arched doorways, original French doors, original ornate windows, fireplace, built-ins, basement, storage, shop, covered deck, and plenty of outdoor space!  This home has been well maintained and cared for, with updates as needed to the flooring and bathrooms that have kept the original personality of the home intact!  There is also a basement that is currently used for a batting cage, as well as a nice backyard area with a covered and screened in deck, wood privacy fence, storage shed, and metal shop. This unique home is a must-see!
Unit Size
2,144 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$82
Property Type
House
Property Taxes
$189
HOA Dues
-
Year Built
1952

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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 #20513898)

Price History

Date / Event Date Event Price
Jun 11, 2024 Sold
Premium
Sold
Jan 17, 2024 Listed by Ekdahl-Nelson Real Estate STAMFORD OFFICE $175,000
Listed by Ekdahl-Nelson Real Estate STAMFORD OFFICE

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 760
  • Total Building Area: 3,428
  • Gross Building Area: 3,428
  • Building Area: 3,428
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,144
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: T RR COMPANY SURV 2
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: A0758 2 T&NO-1, TRACT 758-15, ACRES .26

Neighborhood

  • School District Name: Anson Independent School District
  • School Tax School District: WWD
  • Census Tract: 020200

Geography

  • Account Number: 100824-000
  • Subdivision Tract Number: 15-758
  • Parcel: 11799
  • Municipality: ANSON
  • Latitude: 32.7622
  • Longitude: -99.8971

    Address

  • Full Address: 532 Commercial Ave
  • Address - House Number: 532
  • Address - Street Name: Commercial
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Anson
  • Carrier Code: C002
  • 4-Digit Zip Code: 2014
  • Zip Code: 79501

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $226,269
  • Tax Rate Code Area: CAN GJO HA

    Appraisal Valuation

  • Standard Deviation: 0.4758
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 4
  • Final Value: 113,842
  • High Value: 168,019
  • Low Value: 59,664

    Market Valuation

  • Market Total Value: $104,820
  • Market Land Value: $3,120
  • Market Improvement Value: $101,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $104,820
  • Assessed Land Value: $3,120
  • Assessed Improvements Value: $101,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 16, 2017
  • Current Sale Recording Date: May 17, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 36
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 Anson

Stats & Trends

Median Asking:

$179,450

Sale Price/ft²

$110

Below Asking

0.04%

Average Days on Market

90

Average Home Size

3556 ft²

Average Home Age

63.7 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

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NTREIS

Listed by: Samantha Smith, Ekdahl-Nelson Real Estate STAMFORD OFFICE
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20513898
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 532 Commercial Avenue built and last sold?
The property at 532 Commercial Avenue was built in 1952 and last sold on May 16, 2017 for $64,460.
How much is this home worth?
The estimated value of the home located at 532 Commercial Avenue is $0.
What are some comparable homes to 532 Commercial Avenue?
There are currently no comparable homes to 532 Commercial Avenue.
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