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Blanket 76432
916 Main Street
$40,000
● House - Off Market

916 Main Street

Blanket, TX 76432
bedrooms
2 Beds
bathrooms
1 Bath
square feet
896 Ft²
$271
Est. Monthly

About This Property

Historic home along Main St waiting to be restored. This property includes a 475 square foot metal storage building on a slab with a 500 sq foot metal canopy attached on the south side. Beautiful live oak trees along with other hard woods across the entire property. City water available. Perfect lot for investor or developer. Look at documents tab for info regarding city ordinances and zoning on Main St.
Unit Size
896 Ft²
Days on Market
-
Land Size
1.66 acres
Price per sqft
$61
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

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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 #20823970)

Price History

Date / Event Date Event Price
Jul 30, 2025 Sold
Premium
Sold
Jul 21, 2025 In contract -
In contract
Jan 22, 2025 Listed by Keller Williams Brazos West $55,000
Listed by Keller Williams Brazos West

Property Highlights

Parking Available

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 375
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 72,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 896
  • Gross Building Area: 1,871
  • Building Area: 896
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 896
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLANKET O T
  • Land Acres: 0000001653
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: BLANKET O T, BLOCK 102, LOT 1-24

Neighborhood

  • School District Name: Blanket Independent School District
  • Census Tract: 950300

Geography

  • Account Number: S0994-0270-00
  • Parcel: 48681
  • Block: 102
  • Lot: 1-24
  • Municipality: BLANKET
  • Latitude: 31.8223
  • Longitude: -98.7878

    Address

  • Full Address: 916 Main St
  • Address - House Number: 916
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: TX
  • City Name: Blanket
  • Zip Code: 76432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $87,246
  • Tax Rate Code Area: CBL GBC RR

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 89,677
  • High Value: 110,399
  • Low Value: 68,954

    Market Valuation

  • Market Total Value: $57,370
  • Market Land Value: $36,000
  • Market Improvement Value: $21,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,370
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $21,370

    Sales

  • Current Sale Contract Date: Oct 03, 2017
  • Current Sale Recording Date: Nov 20, 2017
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1707047
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 Blanket

Stats & Trends

Median Asking:

$215,000

Sale Price/ft²

$134

Below Asking

0.04%

Average Days on Market

61

Average Home Size

1476 ft²

Average Home Age

75.3 years

Currently For Sale

5 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: Jami Tunnell, Keller Williams Brazos West
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20823970
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 916 Main Street built and last sold?
The property at 916 Main Street was built in and last sold on Oct 3, 2017 for $0.
How much is this home worth?
The estimated value of the home located at 916 Main Street is $0.
What are some comparable homes to 916 Main Street?
There are currently no comparable homes to 916 Main Street.
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