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Athens 75751
614 N Needmore Street
$36,000
● House - Off Market

614 N Needmore Street

Athens, TX 75751
bedrooms
2 Beds
bathrooms
0 Bath
square feet
900 Ft²
$197
Est. Monthly

About This Property

This property is a investor special or perfect for someone looking for a fixer upper at a affordable cost. We have installed new floors in parts of the home.
Unit Size
900 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$44
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988

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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 #20419921)

Price History

Date / Event Date Event Price
Jan 24, 2024 Sold
Premium
Sold
Aug 30, 2023 Listed by BP Residential, LLC $40,000
Listed by BP Residential, LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,973
  • Total Building Area: 680
  • Gross Building Area: 680
  • Building Area: 680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 680
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ATHENS O T (1332)
  • Land Acres: 0000000206
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LT 3A AB 782 T PARMER SUR, ATHENS O T, BLK 111 LT 3A

Neighborhood

  • School District Name: Athens Independent School District
  • School Tax School District: TV
  • School Tax District Code 2: ATHENS ISD
  • Census Tract: 951300

Geography

  • Assessors Map Reference: 39X
  • Account Number: R000026681
  • Parcel: 2050-0111-003A-01
  • Block: 111
  • Lot: 3A
  • Municipality: CITY OF ATHENS
  • Latitude: 32.211
  • Longitude: -95.8529

    Address

  • Full Address: 614 N Needmore St
  • Address - House Number: 614
  • Street Direction: N
  • Address - Street Name: Needmore
  • Address - Suffix Type: St
  • State: TX
  • City Name: Athens
  • Carrier Code: C005
  • 4-Digit Zip Code: 4461
  • Zip Code: 75751

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $66,932
  • Tax Rate Code Area: AC,AT,AW,H

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 42,243
  • High Value: 50,038
  • Low Value: 34,448

    Market Valuation

  • Market Total Value: $30,963
  • Market Land Value: $350
  • Market Improvement Value: $30,613

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,963
  • Assessed Land Value: $350
  • Assessed Improvements Value: $30,613

    Sales

  • Current Sale Contract Date: Jan 29, 2024
  • Current Sale Recording Date: Jan 29, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1028
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 Athens

Stats & Trends

Median Asking:

$274,000

Sale Price/ft²

$153

Below Asking

0.04%

Average Days on Market

96

Average Home Size

2172 ft²

Average Home Age

-

Currently For Sale

58 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

Rentals Near You

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NTREIS

Listed by: Stephen Beal, BP Residential, LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20419921
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 614 North Needmore Street built and last sold?
The property at 614 North Needmore Street was built in 1988 and last sold on Jan 29, 2024 for $41,230.
How much is this home worth?
The estimated value of the home located at 614 North Needmore Street is $0.
What are some comparable homes to 614 North Needmore Street?
There are currently no comparable homes to 614 North Needmore Street.
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