$235,000
●
House -
Off Market
8 Morgan Lane
Greenville, TX 75402
3 Beds
1 Bath,
1
Half Bath
2,496 Ft²
$305,125
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model
About This Property
THIS PROPERTY IS BEING SOLD AS IS. SELLER IS MOTIVATED, SO
BRING ALL OFFERS. AN INVESTOR'S DREAM. FOUNDATION
REPAIR IS NEEDED. THIS PROPERTY WILL NOT GO FHA OR VA.
CASH OR CONVENTIONAL ONLY FINANCING. LOCATED IN THE
PRESTIGIOUS OAK VILLAGE SUBDIVISON, THIS SPACIOUS HOME IS LOCATED
ON A BEAUTIFUL CORNER LOT WITH EXPANSIVE BACKYARD WITH TOWERING
IRON GAZEBO. THIS HOME IS READY FOR YOUR VISION TO BE EXPRESSED TO
MAKE IT YOUR OWN. THE POTENTIAL IS UNLIMITED. SELLER
WILL NOT MAKE ANY REPAIRS. THIS HOME BOASTS ON THE FIRST LEVEL, A
LIVING ROOM, DINING ROOM, FAMILY ROOM WITH FIREPLACE, KITCHEN,
MASTER SUITE WITH ADJOINING BATH, UTILITY ROOM, AND HALF BATH.
UPSTAIRS, YOU WILL FIND TWO MORE BEDROOMS AND A FULL BATH.
BRING YOUR IMAGINATION AND CALL THIS HOME YOURS.
Unit Size
2,496 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$120
Property Type
House
Property Taxes
$447
HOA Dues
-
Year Built
1970
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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 #20282641)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 29, 2024 | Sold | ||
| Sold | |||
| Sep 26, 2023 | Listed by RE/MAX Dallas Suburbs PM | $385,000 | |
| Listed by RE/MAX Dallas Suburbs PM | |||
| | |||
|
THIS is where timeless elegance meets serene natural beauty. Nestled on a meticulously landscaped corner lot, this stunning remodeled home offers tranquility and is on a third of an acre. From the charming architecture to the lush surroundings, every detail of this property exudes sophistication. Located in a desirable neighborhood and is minutes to downtown Greenville. Step outside to discover your own private get-away. The beautifully landscaped backyard offers multiple entertaining spaces, a tranquil creek, patio for al fresco dining and a gorgeous iron gazebo. Enjoy the soothing sounds of nature as you unwind in your own paradise with enchanting cobblestone pathways and lush yard. The facade boasts intricate detailing, a Mansard roof with bright windows, evoking the charm of the French countryside. Fresh paint throughout, new flooring, appliances, countertops and lighting instantly add to the appeal. Easy access to I-30. 45 minutes to Dallas.
| |||
| Apr 28, 2023 | Sold | ||
| Sold | |||
| Mar 17, 2023 | Listed by Gullion Properties LLC | $299,900 | |
| Listed by Gullion Properties LLC | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
Closing Price
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HOA + Taxes
About Greenville
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Listed by: Dennis Gullion, Gullion Properties LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20282641
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20282641
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
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