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Hewitt 76643 Hewitt
705 Aspen Incline Drive
$267,700
● House - Off Market

705 Aspen Incline Drive

Hewitt, TX 76643
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,227 Ft²
$347,627
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

This home has been loved and has such a versatile floor plan!  The primary suite features  a separate tub and shower, his and her vanities, and closets.  There is a 2nd primary suite with full bath which could also be used as a media room or isolated guest suite. The family room with corner fireplace is open to the breakfast and kitchen area.  There is an office or sunroom on the back of the house and also a room that could be a 5th bedroom. The owners presently use the room on the back of the house as a media room.  You could also have 3 liv rooms + an office.  

The roof was replaced in November, 2020, the carpeting replaced Dec. 2020.  The central heat and air unit and ducting in the attic has also been  updated.  There is no garage but there are two driveways with parking space for 4.  This one is a must see!!!
Unit Size
2,227 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$120
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 years ago (NTREIS #198813)

Price History

Date / Event Date Event Price
Jan 15, 2021 Sold
Premium
Sold
Dec 4, 2020 Listed by Kelly, Realtors $267,700
Listed by Kelly, Realtors

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 3
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,600
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,227
  • Gross Building Area: 2,227
  • Building Area: 2,227
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,227
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WINTER PARK ESTATES
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: WINTER PARK ESTATES LOT 14 BLOCK H ACRES .2204

Neighborhood

  • School District Name: Midway Independent School District
  • Census Tract: 003710

Zoning

  • Zoning: R1

Geography

  • Parcel: 36-343000-006503-4
  • Block: H
  • Lot: 14
  • Municipality: CITY OF HEWITT
  • Latitude: 31.4452
  • Longitude: -97.2018

    Address

  • Full Address: 705 Aspen Incline Dr
  • Address - House Number: 705
  • Address - Street Name: Aspen Incline
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Hewitt
  • Carrier Code: R002
  • 4-Digit Zip Code: 3646
  • Zip Code: 76643

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $647,499
  • Tax Rate Code Area: 86

    Appraisal Valuation

  • Standard Deviation: 0.2451
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 65
  • Final Value: 398,358
  • High Value: 496,035
  • Low Value: 300,681

    Market Valuation

  • Market Total Value: $327,990
  • Market Land Value: $27,070
  • Market Improvement Value: $300,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $326,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 08, 2021
  • Current Sale Recording Date: Jan 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021001847
  • Previous Sale Recording Date: Jan 17, 2012
  • Previous Sale Contract Date: Jan 04, 2012
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: 40
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 Hewitt

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$181

Below Asking

0.02%

Average Days on Market

63

Average Home Size

2015 ft²

Average Home Age

22 years

Currently For Sale

56 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 129 Texas Avenue, Hewitt, TX, 76643

$2,000 /mo

  • 4 Beds
  • 2 Baths
  • 2,148 ft²
129 Texas Avenue, Hewitt, TX, 76643 Listing by NaToya Alexander

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Sue Milam Reed, Kelly, Realtors
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 198813
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 705 Aspen Incline Drive built and last sold?
The property at 705 Aspen Incline Drive was built in 1988 and last sold on Jan 8, 2021 for $317,900.
How much is this home worth?
The estimated value of the home located at 705 Aspen Incline Drive is $0.
What are some comparable homes to 705 Aspen Incline Drive?
There are currently no comparable homes to 705 Aspen Incline Drive.
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