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325 Split Rail Drive, Grafo...

Updated Dec 21, 2023

DeWayne Smart & Ronda Gibson Acquire Single Family Home In Graford For $2.5M
SOLDSingle Family Residence

DeWayne Smart & Ronda Gibson Acquire Single Family Home In Graford For $2.5M

325 Split Rail Drive, Graford, TX, USA

$2,500,000

$516/SF

Building Size

4,845 SF

Asset Type

Single Family Residence

Closing

Nov 4, 2020

About this deal

AI

Located at 325 Split Rail Drive in Graford, this single-family property was recently sold on 11/05/2020. The property, listed by DeWayne Smart of Smart Realty, was represented by Ronda Gibson of Gibson Realty Group, LLC as the buyer's representative. With a listed price of $2,500,000, this property offers a total square footage of 4,845, resulting in a price per square foot of $4,845.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $2,500,000
  • Square Footage: 4,845
  • Address: 325 Split Rail Drive
  • Market: Graford

DeWayne Smart from Smart Realty represented the seller in this transaction, while Ronda Gibson from Gibson Realty Group, LLC represented the buyer. The deal closed at the listed price of $2,500,000, with the property offering a spacious 4,845 square footage. Both parties were actively involved in ensuring a successful sale.

Players

Ronda Gibson

Broker

$2.5M

vol

1 deal

Broker

Graford Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $516 per square foot on a published $2.5M for 4,845 square feet (2020).

Visit Ronda Gibson to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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