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Albany 76430
701 Matthews
$185,000
● House - Off Market

701 Matthews

Albany, TX 76430
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,212 Ft²
$983
Est. Monthly

About This Property

Welcome to 701 Matthews Street! This charming 3-bedroom, 2-bath home offers a recently upgraded air conditioning system, beautiful vinyl flooring throughout, and an open-concept living and kitchen area that creates a warm, inviting atmosphere. The sense of openness and spacious bedrooms make this home feel larger than it is. Outside, you'll discover a generous fenced backyard-perfect for kids to play, pets to run freely, and family and friends to gather. Buyers to independently verify all information including square footage.
Unit Size
1,212 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$165
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2013

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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: 11 months ago (NTREIS #21121851)

Price History

Date / Event Date Event Price
Jan 9, 2026 Sold
Premium
Sold
Dec 10, 2025 In contract -
In contract
Nov 29, 2025 Listed by Clear Fork Realty $200,000
Listed by Clear Fork Realty
Jul 9, 2021 No longer available -
No longer available
Apr 29, 2021 Price Decreased $145,000
↓ $15K (9.4%)
Price Decreased
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 264
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,124
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 1,212
  • Gross Building Area: 1,486
  • Building Area: 1,212
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 1,212
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000347
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: BLK 1 MOBERLEY LT 7,9, PT OF 5

Neighborhood

  • School District Name: Albany Independent School District
  • Census Tract: 950300

Geography

  • Account Number: 00011001070
  • Parcel: 14732
  • Block: 1
  • Lot: 7,9
  • Municipality: ALBANY
  • Latitude: 32.732
  • Longitude: -99.2956

    Address

  • Full Address: 701 Matthews Ave
  • Address - House Number: 701
  • Address - Street Name: Matthews
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Albany
  • Zip Code: 76430

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $203,813
  • Tax Rate Code Area: AC AS HD S

    Appraisal Valuation

  • Standard Deviation: 0.4275
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 14
  • Final Value: 106,545
  • High Value: 152,099
  • Low Value: 60,990

    Market Valuation

  • Market Total Value: $94,336
  • Market Land Value: $6,654
  • Market Improvement Value: $87,682

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,336
  • Assessed Land Value: $6,654
  • Assessed Improvements Value: $87,682

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Albany

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$166

Below Asking

0.01%

Average Days on Market

83

Average Home Size

2046 ft²

Average Home Age

73 years

Currently For Sale

9 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 325 South Hwy 6, TX, 76430

$667 /mo

  • 1 Bed
  • 1 Bath
  • 1,344 ft²
325 South Hwy 6, TX, 76430 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Monica Cleveland, Clear Fork Realty
Last Updated: 11 months ago
Data Source: NTREIS MLS, MLS# 21121851
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 701 Matthews Avenue built and last sold?
The property at 701 Matthews Avenue was built in 2013 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 701 Matthews Avenue is $0.
What are some comparable homes to 701 Matthews Avenue?
There are currently no comparable homes to 701 Matthews Avenue.
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