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Grand Saline 75140
809 N Spring Street
$104,343
● House - Off Market

809 N Spring Street

Grand Saline, TX 75140
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,078 Ft²
$136,289
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

This precious 2 bedroom 1 bath country farm house has just what you are looking for.  This sweet home has been updated from top to bottom, including original hardwood floors, wood burning fireplace along with new updates all the way to the rooftop!!  Enjoy spending your evenings relaxing on the front porch with friends and family or spend it in the large fenced back yard around the fire pit on those cool fall evenings.  This home has everything you need for country living while living in the city limits.  It is a must see!  Great starter home!!
Unit Size
1,078 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$92
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957

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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 #14378551)

Price History

Date / Event Date Event Price
Aug 26, 2020 Sold
Premium
Sold
Jul 1, 2020 Listed by Miller Homes Group PLLC $99,500
Listed by Miller Homes Group PLLC

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • 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: 192
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,078
  • Building Area: 1,078
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,078
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PANHANDLE ADDITION
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: ACRES: 0.260 BLK: 9 LOT: PT 3 ALL 4; PT 5 ADDN: PANHANDLE

Neighborhood

  • School District Name: Grand Saline Independent School District
  • School Tax School District: GRAND SALINE IS
  • School Tax District Code 2: TYLER JR COL
  • School Tax District Code 3: EM SRV DIST 2
  • Census Tract: 950200

Geography

  • Assessors Map Reference: MAP: 20A
  • Account Number: R000013969
  • Parcel: 044.3600.0009.0004.0000
  • Block: 9
  • Lot: 3
  • Municipality: CITY OF GRAND SALINE
  • Latitude: 32.6803
  • Longitude: -95.711

    Address

  • Full Address: 809 N Spring St
  • Address - House Number: 809
  • Street Direction: N
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: TX
  • City Name: Grand Saline
  • Carrier Code: C001
  • 4-Digit Zip Code: 1129
  • Zip Code: 75140

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $348,537

    Appraisal Valuation

  • Standard Deviation: 0.4279
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 14
  • Final Value: 86,421
  • High Value: 123,406
  • Low Value: 49,435

    Market Valuation

  • Market Total Value: $148,290
  • Market Land Value: $9,950
  • Market Improvement Value: $138,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $148,290
  • Assessed Land Value: $9,950
  • Assessed Improvements Value: $138,340

    Sales

  • Current Sale Contract Date: Aug 26, 2020
  • Current Sale Recording Date: Aug 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020-008108
  • Previous Sale Recording Date: Mar 01, 2010
  • Previous Sale Contract Date: Mar 01, 2010
  • Previous Sale Amount: $26,400
  • 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 Grand Saline

Stats & Trends

Median Asking:

$197,450

Sale Price/ft²

$133

Below Asking

0.05%

Average Days on Market

92

Average Home Size

1555 ft²

Average Home Age

47.5 years

Currently For Sale

25 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 323 N Houston Street, Grand Saline, TX, 75140

$1,225 /mo

  • 2 Beds
  • 1 Bath
  • 1,032 ft²
323 N Houston Street, Grand Saline, TX, 75140 Listing by Jessica Harrell

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Jennifer Shelton, Miller Homes Group PLLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14378551
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 809 North Spring Street built and last sold?
The property at 809 North Spring Street was built in 1957 and last sold on Aug 26, 2020 for $130,400.
How much is this home worth?
The estimated value of the home located at 809 North Spring Street is $0.
What are some comparable homes to 809 North Spring Street?
There are currently no comparable homes to 809 North Spring Street.
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