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Abilene 79606 Far Southside
7657 Florence Drive
$315,000
● House - Off Market

7657 Florence Drive

Abilene, TX 79606
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,941 Ft²
$325,003
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Gorgeous home located in the Wylie West School District. This home has 3 bedrooms, 1 living area, 2 dining rooms for large gatherings or make an office, playroom whatever fits your needs. Beautiful hardwood tile flooring, vaulted ceilings, granite countertops, bay window, stainless steel appliances in very workable kitchen. Living area has a wood burning fireplace with hearth for those cozy nights. Master suite is located downstairs with a separate shower and a jetted tub. The secondary bedrooms are located upstairs. Additional features include sprinkler system, wainscoting, crown modeling and an unfinished bonus room that can add up to over 300 extra square feet to make it your own.
Unit Size
1,941 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$152
Property Type
House
Property Taxes
$510
HOA Dues
-
Year Built
2014

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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 #14711593)

Price History

Date / Event Date Event Price
Dec 30, 2021 Sold
Premium
Sold
Nov 17, 2021 Listed by EXP REALTY $295,000
Listed by EXP REALTY

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 481
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,184
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 490
  • Total Building Area: 2,422
  • Gross Building Area: 2,422
  • Building Area: 1,941
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,941
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TUSCANY TRAILS SUB SEC 2
  • Land Acres: 0000000119
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: TUSCANY TRAILS SUB SEC 2, BLOCK E, LOT 4, ACRES .119

Neighborhood

  • School District Name: Wylie Independent School District
  • Census Tract: 013402

Geography

  • Parcel: 994254
  • Block: E
  • Lot: 4
  • Municipality: ABILENE
  • Latitude: 32.3568
  • Longitude: -99.7654

    Address

  • Full Address: 7657 Florence Dr
  • Address - House Number: 7657
  • Address - Street Name: Florence
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Abilene
  • Carrier Code: R016
  • 4-Digit Zip Code: 2888
  • Zip Code: 79606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $677,462
  • Tax Rate Code Area: SWY

    Appraisal Valuation

  • Standard Deviation: 0.2335
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 323,601
  • High Value: 399,186
  • Low Value: 248,017

    Market Valuation

  • Market Total Value: $313,277
  • Market Land Value: $30,000
  • Market Improvement Value: $283,277

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $313,277
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $283,277

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 30, 2021
  • Current Sale Recording Date: Dec 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021-00028959
  • Previous Sale Recording Date: Mar 14, 2017
  • Previous Sale Contract Date: Mar 13, 2017
  • Previous Sale Amount: $228,400
  • 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 Far Southside

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

54

Average Home Size

2466 ft²

Average Home Age

9.8 years

Currently For Sale

27 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 3189 Chimney Circle, Abilene, TX, 79606

$1,895 /mo

  • 2 Beds
  • 2 Baths
  • 1,474 ft²
3189 Chimney Circle, Abilene, TX, 79606 Listing by Michael Powell

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Sheridan Cruz, EXP REALTY
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14711593
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 7657 Florence Drive built and last sold?
The property at 7657 Florence Drive was built in 2014 and last sold on Dec 30, 2021 for $293,600.
How much is this home worth?
The estimated value of the home located at 7657 Florence Drive is $0.
What are some comparable homes to 7657 Florence Drive?
There are currently no comparable homes to 7657 Florence Drive.
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