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Ellis 76651
719 Caines Way
$150,000
● Mobile Manufactured - Off Market

719 Caines Way

Avalon, TX 76651
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,536 Ft²
$1,027
Est. Monthly
14.63%
Cap Rate

About This Property

BACK ON THE MARKET WITH LOWER PRICE. OWNERS IN A HURRY . Beautiful Piece of Land nearly 3 Acres. Live in the Mobile Home and Build Your Dream House. Great Visibility on Highway 34 for your Home Based Business.
Unit Size
1,536 Ft²
Days on Market
-
Land Size
2.97 acres
Price per sqft
$107
Property Type
Mobile Manufactured
Property Taxes
$216
HOA Dues
-
Year Built
1992

Payment Calculator

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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: 2 years ago (NTREIS #20567538)

Price History

Date / Event Date Event Price
Dec 10, 2024 Sold
Premium
Sold
Nov 21, 2024 In contract -
In contract
Sep 20, 2024 Price Decreased $165,000
↓ $5K (2.9%)
Price Decreased
Jul 25, 2024 Price Increased $169,900
↑ $900 (0.5%)
Price Increased
Jul 22, 2024 Price Decreased $169,000
↓ $5K (2.9%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • 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: 3
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 129,373
  • Total Building Area: 1,536
  • Gross Building Area: 1,620
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE LANDINGS
  • Land Acres: 0000002970
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Mobile Home Indicator: T
  • Legal Description 1: LOT 2 BLK B THE LANDINGS 2.97 AC

Neighborhood

  • School District Name: Avalon Independent School District
  • Census Tract: 061200

Geography

  • Assessors Map Reference: 6H-R
  • Parcel: 152037
  • Block: B
  • Lot: 2
  • Municipality: AVALON
  • Latitude: 32.221
  • Longitude: -96.7654

    Address

  • Full Address: 719 Caines Way
  • Address - House Number: 719
  • Address - Street Name: Caines
  • Address - Suffix Type: Way
  • State: TX
  • City Name: Avalon
  • Zip Code: 76623

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $252,941
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 509

    Appraisal Valuation

  • Standard Deviation: 0.2168
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 281,004
  • High Value: 341,943
  • Low Value: 220,064

    Market Valuation

  • Market Total Value: $217,971
  • Market Land Value: $90,000
  • Market Improvement Value: $127,971

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $217,971
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $127,971

    Sales

  • Current Sale Contract Date: Jun 01, 2006
  • Current Sale Recording Date: Jun 07, 2006
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0616859
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 Ellis

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$186

Above Asking

0.16%

Average Days on Market

75

Average Home Size

2568 ft²

Average Home Age

16 years

Currently For Sale

1247 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: JL Smith, Hi View Real Estate
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20567538
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 719 Caines Way built and last sold?
The property at 719 Caines Way was built in 1992 and last sold on Jun 1, 2006 for $0.
How much is this home worth?
The estimated value of the home located at 719 Caines Way is $0.
What are some comparable homes to 719 Caines Way?
There are currently no comparable homes to 719 Caines Way.
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