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Abilene 79606 Far Southside
6801 Cedar Elm Drive
$375,000
● House - Off Market

6801 Cedar Elm Drive

Abilene, TX 79606
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,070 Ft²
$381,514
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

This single owner home in Wylie West ISD includes features such as a crushed granite kitchen sink, 5-burner gas cooktop, granite counters throughout the home, over and under cabinet lighting, extra tall custom cabinets, ceramic tile with wood pattern, fully tiled shower and tub surround, 10ft ceilings throughout with 12ft ceiling in the living room, a 3 car garage that is extra deep, 6ft oversized soaking tub in master, gas furnace, Class 4 hail resistant shingles on roof, gas bib on back porch for grill, in wall pest control system, smart home (digital-Wi-Fi thermostat, Wi-Fi light switches, Wi-Fi garage doors), a large corner lot, a zeroscaped front yard, and solar panels!
Unit Size
2,070 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$178
Property Type
House
Property Taxes
$644
HOA Dues
$50
Year Built
2018

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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 #20118963)

Price History

Date / Event Date Event Price
Aug 24, 2022 Sold
Premium
Sold
Jul 22, 2022 Listed by KW SYNERGY $369,000
Listed by KW SYNERGY

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 828
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,769
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 2,898
  • Gross Building Area: 2,898
  • Building Area: 2,070
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,070
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELM CREEK AT WYLIE SEC 1
  • Land Acres: 0000000362
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: ELM CREEK AT WYLIE SEC 1, BLOCK G, LOT 1, ACRES .362

Neighborhood

  • School District Name: Abilene Independent School District
  • Census Tract: 013402

Geography

  • Parcel: 1012473
  • Block: G
  • Lot: 1
  • Municipality: ABILENE
  • Latitude: 32.367
  • Longitude: -99.7903

    Address

  • Full Address: 6801 Cedar Elm Dr
  • Address - House Number: 6801
  • Address - Street Name: Cedar Elm
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Abilene
  • Carrier Code: R027
  • 4-Digit Zip Code: 6069
  • Zip Code: 79606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $797,163
  • Tax Rate Code Area: SWY

    Appraisal Valuation

  • Standard Deviation: 0.1966
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 383,423
  • High Value: 458,838
  • Low Value: 308,007

    Market Valuation

  • Market Total Value: $368,630
  • Market Land Value: $40,000
  • Market Improvement Value: $328,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $368,630
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $328,630

    Sales

  • Current Sale Contract Date: Aug 24, 2022
  • Current Sale Recording Date: Aug 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 17952
  • Previous Sale Recording Date: Dec 31, 2018
  • Previous Sale Contract Date: Dec 28, 2018
  • Previous Sale Amount: $345,800
  • Previous Sale Document Type: 70
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 Far Southside

Stats & Trends

Median Asking:

$348,750

Sale Price/ft²

$193

Above Asking

0.00%

Average Days on Market

54

Average Home Size

2444 ft²

Average Home Age

11.8 years

Currently For Sale

24 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 4409 Carrie Ann Lane, Abilene, TX, 79606

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,429 ft²
4409 Carrie Ann Lane, Abilene, TX, 79606 Listing by Mitch Barnett

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Maegan Brest, KW SYNERGY
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20118963
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 6801 Cedar Elm Drive built and last sold?
The property at 6801 Cedar Elm Drive was built in 2018 and last sold on Aug 24, 2022 for $367,500.
How much is this home worth?
The estimated value of the home located at 6801 Cedar Elm Drive is $0.
What are some comparable homes to 6801 Cedar Elm Drive?
There are currently no comparable homes to 6801 Cedar Elm Drive.
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