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Dallas 75218 Eastwood Estates
978 N Rustic Circle
$370,000
● House - Off Market

978 N Rustic Circle

Dallas, TX 75218
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,436 Ft²
$555,927
RealtyHop Estimate
46.68%
Since Jun 1, 2020
TX-Dallas
Primary Model

About This Property

Hexter Elementary charmer on HUGE over quarter-acre lot. Mid-Century cool curb appeal, fresh paint and updated kitchen. Perfect candidate for an add-on in beautiful Old Lake Highlands.
Unit Size
1,436 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$264
Property Type
House
Property Taxes
$679
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #14298315)

Price History

Date / Event Date Event Price
May 18, 2020 Sold
Premium
Sold
Mar 6, 2020 Listed by Compass RE Texas, LLC. $379,000
Listed by Compass RE Texas, LLC.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 18
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,566
  • Lot Size Depth Feet: 1,560
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,964
  • Building Area: 1,436
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,436
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE GARDENS
  • Land Acres: 0000000266
  • Standard Land Use Code: 1001
  • County Land Use Code: A11
  • State Land Use Code: A11
  • Legal Description 1: LAKE GARDENS BLK 2/5376 LOT 33 INT202000128232 DD04182020 CO-DC 5376 002 03300 3005376 002

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 008200

Zoning

  • Zoning: Z298

Geography

  • Assessors Map Reference: 000003907510000
  • Account Number: 000003907510000
  • Parcel: 00-00039-075-100-0000
  • Block: 2/537
  • Lot: 33
  • Municipality: DALLAS
  • Latitude: 32.8443
  • Longitude: -96.6988

    Address

  • Full Address: 978 N Rustic Cir
  • Address - House Number: 978
  • Street Direction: N
  • Address - Street Name: Rustic
  • Address - Suffix Type: Cir
  • State: TX
  • City Name: Dallas
  • Carrier Code: C038
  • 4-Digit Zip Code: 2937
  • Zip Code: 75218

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $773,290
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2257
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 68
  • Final Value: 574,667
  • High Value: 704,381
  • Low Value: 444,953

    Market Valuation

  • Market Total Value: $465,310
  • Market Land Value: $125,000
  • Market Improvement Value: $340,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $465,310
  • Assessed Land Value: $125,000
  • Assessed Improvements Value: $340,310

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 18, 2020
  • Current Sale Recording Date: May 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202000128232
  • Previous Sale Recording Date: Jul 23, 2013
  • Previous Sale Contract Date: Jul 12, 2013
  • Previous Sale Amount: $189,500
  • Previous Sale Document Type: 40
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 Northeast Dallas

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$269

Below Asking

0.03%

Average Days on Market

62

Average Home Size

1844 ft²

Average Home Age

49.2 years

Currently For Sale

893 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 10642 Galena Street, Dallas, TX, 75228

$2,300 /mo

  • 4 Beds
  • 2 Baths
  • 1,300 ft²
10642 Galena Street, Dallas, TX, 75228 Listing by Rheanna Avila
Unit for rent at 2519 Maverick Avenue, Dallas, TX, 75228

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,872 ft²
2519 Maverick Avenue, Dallas, TX, 75228 Listing by Casi Fricks
Unit for rent at 2204 Dunloe Avenue, Dallas, TX, 75228

$2,300 /mo

  • 4 Beds
  • 2 Baths
  • 1,607 ft²
2204 Dunloe Avenue, Dallas, TX, 75228 Listing by Jessi Chavez

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Lauren Farris, Compass RE Texas, LLC.
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14298315
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 978 North Rustic Circle built and last sold?
The property at 978 North Rustic Circle was built in 1954 and last sold on May 18, 2020 for $439,400.
How much is this home worth?
The estimated value of the home located at 978 North Rustic Circle is $377,129.
What are some comparable homes to 978 North Rustic Circle?
There are currently no comparable homes to 978 North Rustic Circle.
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