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Comanche 76442
605 N Lane
$55,000
● House - Off Market

605 N Lane

Comanche, TX 76442
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,190 Ft²
$96,042
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Great starter home or investment property located in the heart of Comanche, Texas on just over half of an acre with a beautiful established St. Augustine yard and large Pecan Trees. The home features a large living room with subtle natural light from large windows. The kitchen & combined dining area are very accessible with freshly painted cabinets and a closet pantry. The home also features an bonus room for an office or craft space. The guest bedroom is adorned with the original hardwood floors. The large drive-through garage was converted to party room or bar area but can easily be used as garage again if that is the buyers preference. The back yard has a wooden deck and concrete patio for entertaining.
Unit Size
1,190 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$58
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959

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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 #14353705)

Price History

Date / Event Date Event Price
Jun 15, 2020 Sold
Premium
Sold
May 29, 2020 Listed by Keller Williams Realty FtWorth $68,500
Listed by Keller Williams Realty FtWorth

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 2
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 576
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,320
  • Lot Size Depth Feet: 2,480
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,646
  • Gross Building Area: 2,646
  • Building Area: 2,646
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,190
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000512
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: WALCOTT, BLOCK 11 S/2 OF NE/4, (TR 6)

Neighborhood

  • School District Name: Comanche Independent School District
  • School Tax School District: SCO WTD
  • Census Tract: 950300

Geography

  • Account Number: CCO-03-0356
  • Subdivision Tract Number: 6
  • Parcel: 2311
  • Block: 11
  • Municipality: COMANCHE
  • Latitude: 31.9026
  • Longitude: -98.6075

    Address

  • Full Address: 605 N Lane St
  • Address - House Number: 605
  • Street Direction: N
  • Address - Street Name: Lane
  • Address - Suffix Type: St
  • State: TX
  • City Name: Comanche
  • Carrier Code: C001
  • 4-Digit Zip Code: 1617
  • Zip Code: 76442

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $250,159
  • Tax Rate Code Area: CCO FMB GC

    Appraisal Valuation

  • Standard Deviation: 0.4589
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 8
  • Final Value: 120,935
  • High Value: 176,439
  • Low Value: 65,430

    Market Valuation

  • Market Total Value: $115,010
  • Market Land Value: $9,450
  • Market Improvement Value: $105,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,010
  • Assessed Land Value: $9,450
  • Assessed Improvements Value: $105,560

    Sales

  • Current Sale Contract Date: Mar 20, 2012
  • Current Sale Recording Date: Mar 21, 2012
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0623
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 Comanche

Stats & Trends

Median Asking:

$184,000

Sale Price/ft²

$126

Above Asking

0.01%

Average Days on Market

75

Average Home Size

2041 ft²

Average Home Age

82.5 years

Currently For Sale

34 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 404 Wrights Avenue, Comanche, TX, 76442

$1,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,200 ft²
404 Wrights Avenue, Comanche, TX, 76442 Listing by Jami Tunnell

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Jami Tunnell, Keller Williams Realty FtWorth
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14353705
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 605 North Lane Street built and last sold?
The property at 605 North Lane Street was built in 1959 and last sold on Mar 20, 2012 for $0.
How much is this home worth?
The estimated value of the home located at 605 North Lane Street is $0.
What are some comparable homes to 605 North Lane Street?
There are currently no comparable homes to 605 North Lane Street.
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