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Reno 75462
980 Braydan
$250,000
● House - Off Market

980 Braydan

Reno, TX 75462
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,084 Ft²
$1,557
Est. Monthly
11.38%
Cap Rate

About This Property

Three or four bedroom three bath home in Wellington Addition.  Beautiful entryway with formal dining area and open living, kitchen, and breakfast area with bar.  Split bedrooms with the master feathuring a large master bath with garden tub, separate shower and large walk in closet. Upstairs is a another bedroom with full bath or could be a gameroom, craft room, office etc. Big fenced in back yard.
Unit Size
2,084 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$120
Property Type
House
Property Taxes
$329
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 #20520231)

Price History

Date / Event Date Event Price
Jan 25, 2024 Listed by Top Notch Realty & Associates $250,000
Listed by Top Notch Realty & Associates

Property Highlights

Air Conditioning
Fireplace
Garage

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: 15
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,864
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 690
  • Total Building Area: 1,869
  • Building Area: 1,869
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,869
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLINGTON NORTH-PHASE II-A
  • Land Acres: 0000000066
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: WELLINGTON NORTH-PHASE II-A, BLOCK B, LOT 4

Neighborhood

  • School District Name: North Lamar Independent School District
  • School Tax School District: CITY OF RENO
  • School Tax District Code 2: LAMAR COUNTY
  • School Tax District Code 3: PJC
  • Census Tract: 000402

Geography

  • Subdivision Phase Number: 2
  • Subdivision Tract Number: 4
  • Parcel: 116499
  • Block: B
  • Lot: 4
  • Municipality: RENO
  • Latitude: 33.67
  • Longitude: -95.4825

    Address

  • Full Address: 980 Braydan
  • Address - House Number: 980
  • Address - Street Name: Braydan
  • State: TX
  • City Name: Reno
  • Carrier Code: R013
  • 4-Digit Zip Code: 5901
  • Zip Code: 75462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $394,898
  • Tax Rate Code Area: CRE GLA JC

    Appraisal Valuation

  • Standard Deviation: 0.1825
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 247,131
  • High Value: 292,254
  • Low Value: 202,008

    Market Valuation

  • Market Total Value: $295,770
  • Market Land Value: $27,000
  • Market Improvement Value: $268,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $295,770
  • Assessed Land Value: $27,000
  • Assessed Improvements Value: $268,770

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 08, 2016
  • Current Sale Recording Date: Feb 08, 2016
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 130779-2016
  • Previous Sale Recording Date: Feb 28, 2014
  • Previous Sale Contract Date: Feb 28, 2014
  • Previous Sale Amount: $158,700
  • 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 Reno

Stats & Trends

Median Asking:

$305,000

Sale Price/ft²

$154

Below Asking

0.01%

Average Days on Market

70

Average Home Size

1817 ft²

Average Home Age

23.3 years

Currently For Sale

8 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

Rentals Near You

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NTREIS

Listed by: Brenda Stewart, Top Notch Realty & Associates
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20520231
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 980 Braydan Drive built and last sold?
The property at 980 Braydan Drive was built in and last sold on Feb 8, 2016 for $0.
How much is this home worth?
The estimated value of the home located at 980 Braydan Drive is $0.
What are some comparable homes to 980 Braydan Drive?
There are currently no comparable homes to 980 Braydan Drive.
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