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Bowie 76230
707 Walnut Street
$327,500
● House - Off Market

707 Walnut Street

Bowie, TX 76230
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,117 Ft²
$1,869
Est. Monthly
8.51%
Cap Rate

About This Property

This fully renovated house boasts luxury vinyl flooring in all main areas, a charming covered front and back porch for outdoor relaxation, a cozy gas fireplace perfect for chilly evenings, and a modern kitchen with elegant white cabinets. The primary bath features a luxurious soaking tub and a separate shower for ultimate relaxation. In addition, this house offers spacious secondary bedrooms, providing ample room for comfort. One of these bedrooms conveniently includes a half bath for added convenience. All bedrooms are carpeted, ensuring warmth and comfort underfoot. There's also a bonus room that offers versatility and extra space for your needs. The yard has been hydro mulched.
Unit Size
2,117 Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$158
Property Type
House
Property Taxes
$224
HOA Dues
-
Year Built
1975

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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 #20528945)

Price History

Date / Event Date Event Price
Apr 26, 2024 Sold
Premium
Sold
Feb 8, 2024 Listed by Agape and Associates LLC $335,000
Listed by Agape and Associates LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 260
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,369
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,925
  • Gross Building Area: 1,925
  • Building Area: 1,925
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,925
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK LAWN ADDITION
  • Land Acres: 0000000674
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LOTS 1-3 & 27' OF 4 BLK 1 OAKLAWN

Neighborhood

  • School District Name: Bowie Independent School District
  • Census Tract: 950501

Geography

  • Account Number: 10144.0001.0001.0000
  • Parcel: R000001916
  • Block: 1
  • Lot: 1-3
  • Municipality: BOWIE
  • Latitude: 33.5645
  • Longitude: -97.8532

    Address

  • Full Address: 707 Walnut St
  • Address - House Number: 707
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: TX
  • City Name: Bowie
  • Carrier Code: C001
  • 4-Digit Zip Code: 4721
  • Zip Code: 76230

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $268,348
  • Tax Rate Code Area: BC BO R2

    Appraisal Valuation

  • Standard Deviation: 0.45
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 9
  • Final Value: 137,697
  • High Value: 199,666
  • Low Value: 75,727

    Market Valuation

  • Market Total Value: $141,600
  • Market Land Value: $11,510
  • Market Improvement Value: $130,090

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $141,600
  • Assessed Land Value: $11,510
  • Assessed Improvements Value: $130,090

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 18, 2023
  • Current Sale Recording Date: Oct 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 4585
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 Bowie

Stats & Trends

Median Asking:

$205,000

Sale Price/ft²

$138

Below Asking

0.03%

Average Days on Market

83

Average Home Size

1590 ft²

Average Home Age

-

Currently For Sale

52 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: Jessica Childers, Agape and Associates LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20528945
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 707 Walnut Street built and last sold?
The property at 707 Walnut Street was built in 1975 and last sold on Oct 18, 2023 for $166,250.
How much is this home worth?
The estimated value of the home located at 707 Walnut Street is $0.
What are some comparable homes to 707 Walnut Street?
There are currently no comparable homes to 707 Walnut Street.
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