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McLennan 76712
862 Dosher Lane
$405,000
● House - Off Market

862 Dosher Lane

Waco, TX 76712
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,940 Ft²
$522,192
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Located close to Lake Waco and shopping, this home if great for entertaining inside or out!!  Beautiful 3/2 home on 1.988 acres.  Mature trees!! Midway ISD.  Isolated primary suite with updated walk in shower.  40x50 metal building has game room with 1/2 bath and full bar area.  There is  air conditioning but it has not been used in years and owner does not warrant its condition. The other side has garage doors on each end for easy access.  There is room for farm equipment or several automobiles if want.  In addition to the metal building is the covered carport that will hold multiple vehicles.  The barn and 3 sided barn are great if you want livestock.  This is a rare find in Midway ISD.
Unit Size
1,940 Ft²
Days on Market
-
Land Size
1.99 acres
Price per sqft
$237
Property Type
House
Property Taxes
$329
HOA Dues
-
Year Built
1987

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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 #201849)

Price History

Date / Event Date Event Price
Sep 16, 2021 Sold
Premium
Sold
Jun 19, 2021 Listed by Kelly, Realtors $460,000
Listed by Kelly, Realtors

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 3
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 86,684
  • Total Building Area: 1,940
  • Gross Building Area: 1,940
  • Building Area: 1,940
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,940
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROBERTSON JACOB
  • Land Acres: 0000001990
  • Standard Land Use Code: 1001
  • County Land Use Code: A3
  • State Land Use Code: A3
  • Legal Description 1: ROBERTSON JACOB ACRES 1.988

Neighborhood

  • School District Name: Midway Independent School District
  • Census Tract: 002900

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: PG 62J
  • Parcel: 36-097400-000903-2
  • Municipality: WACO
  • Latitude: 31.586
  • Longitude: -97.2968

    Address

  • Full Address: 862 Dosher Ln
  • Address - House Number: 862
  • Address - Street Name: Dosher
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Woodway
  • Carrier Code: R001
  • 4-Digit Zip Code: 2508
  • Zip Code: 76712

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $383,411
  • Tax Rate Code Area: 86

    Appraisal Valuation

  • Standard Deviation: 0.226
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 68
  • Final Value: 434,310
  • High Value: 532,466
  • Low Value: 336,153

    Market Valuation

  • Market Total Value: $379,030
  • Market Land Value: $54,410
  • Market Improvement Value: $324,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $257,161

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Sep 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021039472
  • Previous Sale Recording Date: Sep 20, 2021
  • Previous Sale Contract Date: Sep 15, 2021
  • Previous Sale Amount: $423,900
  • 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 McLennan

Stats & Trends

Median Asking:

$290,000

Sale Price/ft²

$173

Below Asking

0.03%

Average Days on Market

72

Average Home Size

1927 ft²

Average Home Age

44.2 years

Currently For Sale

1300 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

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NTREIS

Listed by: Sue Milam Reed, Kelly, Realtors
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 201849
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 862 Dosher Lane built and last sold?
The property at 862 Dosher Lane was built in 1987 and last sold on Sep 15, 2021 for $423,900.
How much is this home worth?
The estimated value of the home located at 862 Dosher Lane is $0.
What are some comparable homes to 862 Dosher Lane?
There are currently no comparable homes to 862 Dosher Lane.
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