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Gilmer 75645
929 Old Coffeeville
$225,000
● House - Off Market

929 Old Coffeeville

Gilmer, TX 75645
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,460 Ft²
$261,490
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Fantastic location less than 3 minutes from Gilmer. Right inside the city limits with a country feel inside of one of Gilmer's established neighborhoods. Mature trees surround this 4 bedroom, 3 bath house with 2 living areas and an above ground pool. Perfect home to escape the world and just relax.
Unit Size
2,460 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$102
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: 3 years ago (NTREIS #20140725)

Price History

Date / Event Date Event Price
Oct 24, 2022 Sold
Premium
Sold
Aug 13, 2022 Listed by Texas Real Estate Executives $249,900
Listed by Texas Real Estate Executives

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,460
  • Lot Size Depth Feet: 2,070
  • Lot Size Frontage Feet: 1,090
  • Total Building Area: 2,358
  • Gross Building Area: 2,358
  • Building Area: 2,358
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,886
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE ACRES ADDN
  • Land Acres: 0000000516
  • Standard Land Use Code: 1015
  • County Land Use Code: A3
  • Legal Description 1: LOT 29, PINE ACRES ADDN S302 (A483) .5156 ACRES & HOUSE

Neighborhood

  • School District Name: Gilmer Independent School District
  • Census Tract: 950400

Geography

  • Account Number: S302-S02-C11-LT29
  • Parcel: 5096
  • Lot: 29
  • Municipality: GILMER
  • Latitude: 32.7479
  • Longitude: -94.9282

    Address

  • Full Address: 929 Old Coffeeville Rd
  • Address - House Number: 929
  • Address - Street Name: Old Coffeeville
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Gilmer
  • Carrier Code: R011
  • 4-Digit Zip Code: 6659
  • Zip Code: 75645

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $359,429
  • Tax Rate Code Area: 230 C11 S0

    Appraisal Valuation

  • Standard Deviation: 0.4263
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 14
  • Final Value: 126,312
  • High Value: 180,160
  • Low Value: 72,463

    Market Valuation

  • Market Total Value: $178,760
  • Market Land Value: $29,200
  • Market Improvement Value: $149,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,760
  • Assessed Land Value: $29,200
  • Assessed Improvements Value: $149,560

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 08, 2022
  • Current Sale Recording Date: Oct 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 9026
  • Previous Sale Recording Date: Apr 28, 2021
  • Previous Sale Contract Date: Apr 27, 2021
  • Previous Sale Document Type: 71
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 Gilmer

Stats & Trends

Median Asking:

$226,445

Sale Price/ft²

$113

Below Asking

0.03%

Average Days on Market

82

Average Home Size

1539 ft²

Average Home Age

70.2 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

Unit for rent at 800 Bradford Street, Gilmer, TX, 75644

$675 /mo

  • 1 Bed
  • 1 Bath
800 Bradford Street, Gilmer, TX, 75644 Listing by Rick Rivera
Unit for rent at 1276 Hwy 155 N, TX, 75644

$685 /mo

  • 1 Bed
  • 1 Bath
1276 Hwy 155 N, TX, 75644 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Victoria Wolfe, Texas Real Estate Executives
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20140725
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 929 Old Coffeeville Road built and last sold?
The property at 929 Old Coffeeville Road was built in and last sold on Oct 8, 2022 for $223,133.
How much is this home worth?
The estimated value of the home located at 929 Old Coffeeville Road is $0.
What are some comparable homes to 929 Old Coffeeville Road?
There are currently no comparable homes to 929 Old Coffeeville Road.
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