$245,000
●
House -
Off Market
635 Rigsby Drive
Van Alstyne, TX 75495
3 Beds
1 Bath,
1
Half Bath
1,518 Ft²
$316,179
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
This home on large lot in the heart of Van Alstyne has tons of
character and charm! Beautifully updated interior has formal living
area with fireplace, 2nd living area, kitchen and dining combo.
Primary bedroom has vanity area and adjacent nook with built in
desk. Third bedroom is currently being used as an office. Huge
fenced backyard with covered patio. Side yard has garage with
carport and 14x31 metal shop currently used for boat storage.
Covered front porch for morning coffee and covered back patio for
relaxing evenings. This home is perfect for first time homebuyers
or empty nesters. Small town living in a convenient location makes
commuting a breeze. Don't wait to go see this one; it won't last
long!
Unit Size
1,518 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$171
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1974
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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: 5 months ago (NTREIS #14539249)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Listed by Easy Life Realty | $275,000 | |
| Listed by Easy Life Realty | |||
| | |||
|
Opportunity knocks in one of the friendliest towns around! This 3-bedroom, 2-bath home is full of potential and classic 1970s charm, located just minutes from the vibrant downtown area. The home does need some structural work, which the sellers are unable to complete, and is being sold as-is—perfect for investors, flippers or buyers ready to roll up their sleeves and make it their own.
Featuring spacious living areas and a great layout, this property offers a blank canvas for your vision. Enjoy the warmth of a close-knit community with easy access to local shops, parks, and events. Don't get me started on this street with the most mature trees in all of Van Alstyne! Every time you pull onto it, you breathe relaxation knowing you are almost home sweet home.
In the back is an extra garage that can be turned into the best workshop ever. Oh the potential!
Bring your ideas and turn this gem into something truly special!
Come take a look today.
| |||
| Apr 29, 2021 | Sold | ||
| Sold | |||
| Mar 24, 2021 | Listed by Better Homes & Gardens, Winans | $260,000 | |
| Listed by Better Homes & Gardens, Winans | |||
| | |||
|
This home on large lot in the heart of Van Alstyne has tons of character and charm! Beautifully updated interior has formal living area with fireplace, 2nd living area, kitchen and dining combo. Primary bedroom has vanity area and adjacent nook with built in desk. Third bedroom is currently being used as an office. Huge fenced backyard with covered patio. Side yard has garage with carport and 14x31 metal shop currently used for boat storage. Covered front porch for morning coffee and covered back patio for relaxing evenings. This home is perfect for first time homebuyers or empty nesters. Small town living in a convenient location makes commuting a breeze. Don't wait to go see this one; it won't last long!
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Sold On
Sold On
HOA + Taxes
About Van Alstyne
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Listed by: Darla Neill, Better Homes & Gardens, Winans
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14539249
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14539249
Details provided by NTREIS and may not match the public record
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