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Crandall 75114 Willow Lake Estates
718 Adams Drive
$250,000
● House - Off Market

718 Adams Drive

Crandall, TX 75114
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,650 Ft²
$270,596
RealtyHop Estimate
8.24%
Since Jan 1, 2022
TX-Dallas
Primary Model

About This Property

Newly updated home in Willow Lake Estates, close to downtown Crandall.  Updates include new roof, carpet, flooring, and paint.  Backyard is enclosed by a stained 6 foot cedar wood fence.  Side yard boasts a private deck area surrounded by gorgeous crepe myrtles.
Unit Size
1,650 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$152
Property Type
House
Property Taxes
$335
HOA Dues
-
Year Built
1983

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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: 3 years ago (NTREIS #14709953)

Price History

Date / Event Date Event Price
Jun 27, 2023 Sold
Premium
Sold
Mar 20, 2023 Listed by eXp Realty LLC $290,999
Listed by eXp Realty LLC
Updated home in Willow Lake Estates, close to downtown Crandall, New roof in 2019, carpet flooring and paint 2019, new upstairs AC, New plumbing in master bathroom shower and tub. Backyard enclosed by stained 6' fence. Private side deck in backyard.
Dec 28, 2021 Sold
Premium
Sold
Nov 13, 2021 Listed by Powerstar Realty $250,000
Listed by Powerstar Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,278
  • Lot Size Depth Feet: 10
  • Total Building Area: 2,010
  • Gross Building Area: 2,010
  • Building Area: 1,650
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,650
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLOW LAKES ESTATES 2
  • Land Acres: 0000000213
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: WILLOW LAKES ESTATES 2, BLOCK 1, LOT 19 PT

Neighborhood

  • School District Name: Crandall Independent School District
  • Census Tract: 050801

Geography

  • Assessors Map Reference: 403-R
  • Parcel: 44480
  • Block: 1
  • Lot: 19
  • Municipality: CRANDALL
  • Latitude: 32.62
  • Longitude: -96.4509

    Address

  • Full Address: 718 Adams Dr
  • Address - House Number: 718
  • Address - Street Name: Adams
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Crandall
  • Carrier Code: R012
  • 4-Digit Zip Code: 2400
  • Zip Code: 75114

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $617,400
  • Tax Rate Code Area: TV

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 80
  • Final Value: 323,193
  • High Value: 373,504
  • Low Value: 272,882

    Market Valuation

  • Market Total Value: $256,687
  • Market Land Value: $37,113
  • Market Improvement Value: $219,574

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $256,687
  • Assessed Land Value: $37,113
  • Assessed Improvements Value: $219,574

    Sales

  • Current Sale Contract Date: Jun 28, 2023
  • Current Sale Recording Date: Jun 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 17920
  • Previous Sale Recording Date: Dec 29, 2021
  • Previous Sale Contract Date: Dec 28, 2021
  • Previous Sale Amount: $306,800
  • 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 Willow Lake Estates

Stats & Trends

Median Asking:

$295,800

Sale Price/ft²

$184

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1412 ft²

Average Home Age

41.5 years

Currently For Sale

2 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 2408 Wildhaven Road, Crandall, TX, 75114

$2,200 /mo

  • 4 Beds
  • 2 Baths
  • 2,068 ft²
2408 Wildhaven Road, Crandall, TX, 75114 Listing by Marie Arne
Unit for rent at 1212 Olivewood Place, Crandall, TX, 75114

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,610 ft²
1212 Olivewood Place, Crandall, TX, 75114 Listing by Cinthya Sanchez

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Kaara Dyke, Powerstar Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14709953
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 718 Adams Drive built and last sold?
The property at 718 Adams Drive was built in 1983 and last sold on Jun 28, 2023 for $267,760.
How much is this home worth?
The estimated value of the home located at 718 Adams Drive is $298,384.
What are some comparable homes to 718 Adams Drive?
There are currently no comparable homes to 718 Adams Drive.
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