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1212 Walnut Street, Tracy, CA 95376, Tracy, 95376 - 3 bed, 2 bath

1212 Walnut Street, Tracy, CA 95376 home-pic-0
ACTIVE$510,000$1,280/sqft
Est. Value: $493,761
-3%
AboveEstimate
1212 Walnut Street, Tracy, CA 95376
3Beds
2Baths
1,280Sqft
5,249Lot

Price Vs. Estimate

The estimated value ($493,760.725) is $16,239.275 (3%) lower than the list price ($510,000). This property may be overpriced.

Key pros and cons

Top Pros:
Guaranteed Rental Income: The property is currently tenant-occupied through April 1, 2026, providing immediate and stable income for investors.
Top Cons:
Long-Term Tenant Occupancy: The existing lease through April 2026 significantly limits immediate owner-occupancy, potentially narrowing the buyer pool to primarily investors.

Compared to the nearby listings

Price:$510.0K vs avg $555.0K ($-45,000)34%
Size:1,280 sqft vs avg 1,635 sqft28%
Price/sqft:$398 vs avg $33975%

More Insights

Built in 1948 (78 years old).
Condition: The home, built in 1948, has undergone significant updates that make it move-in ready. The kitchen features modern stainless steel appliances, updated light wood cabinetry, and solid surface countertops. Bathrooms have updated vanities and tile work, though the mosaic backsplashes are a bit dated. Clean laminate wood flooring is present in main living areas, with well-maintained carpeting in bedrooms. Fresh paint and plantation shutters throughout contribute to a well-kept interior, indicating renovations within the last 5-15 years, aligning with 'Good' condition criteria.
Year Built
1948
Close
-
List price
$510K
Original List price
-
Price/Sqft
$398
HOA
$0
Days on market
-
Sold On
-
MLS number
225085471
Home ConditionGood
Features
Patio
View-

About this home

Welcome to 1212 Walnut Street in the heart of Tracy! At 1,280 sqft this charming single-story home offers 3 spacious bedrooms, 2 full bathrooms, and a smart layout that maximizes comfort and functionality. Whether you're an investor seeking a steady income stream or a buyer looking to plan ahead, this property is an excellent opportunitycurrently tenant occupied through April 1, 2026. Inside, you'll find a bright and open living space, a functional kitchen, and generous bedroom sizes. Outside, both the front and backyard have been designed for low-maintenance living, giving you more time to enjoy the things that matter most. Nestled in an established neighborhood, this home is close to schools, hospital, downtown and commuter routes. Whether you're adding to your rental portfolio or buying for the future, don't miss out on this Tracy gem!

C
Cody Love
Listing Agent

Nearby schools

3/10
Central Elementary School
Public,•K-5•0.1mi
3/10
Monte Vista Middle School
Public,•6-8•0.7mi
6/10
Tracy High School
Public,•9-12•0.5mi

Price History

Date
Event
Price
10/31/17
Sold
$360,000
02/12/14
Sold
$253,000
06/16/11
Sold
$148,000
11/30/05
Sold
$320,000
Condition Rating
Good
The home, built in 1948, has undergone significant updates that make it move-in ready. The kitchen features modern stainless steel appliances, updated light wood cabinetry, and solid surface countertops. Bathrooms have updated vanities and tile work, though the mosaic backsplashes are a bit dated. Clean laminate wood flooring is present in main living areas, with well-maintained carpeting in bedrooms. Fresh paint and plantation shutters throughout contribute to a well-kept interior, indicating renovations within the last 5-15 years, aligning with 'Good' condition criteria.
Pros & Cons

Pros

Guaranteed Rental Income: The property is currently tenant-occupied through April 1, 2026, providing immediate and stable income for investors.
Desirable Location: Nestled in an established neighborhood, the home offers convenient access to schools, a hospital, downtown amenities, and commuter routes.
Low-Maintenance Living: Both the front and backyard have been designed for low-maintenance upkeep, appealing to buyers seeking convenience and less yard work.
Functional Single-Story Layout: This charming single-story home features 3 spacious bedrooms, 2 full bathrooms, and a smart layout that maximizes comfort and functionality.
Proximity to Schools: The property is exceptionally close to Central Elementary School (0.14 miles) and within a reasonable distance to Tracy High School (0.51 miles).

Cons

Long-Term Tenant Occupancy: The existing lease through April 2026 significantly limits immediate owner-occupancy, potentially narrowing the buyer pool to primarily investors.
Older Construction: Built in 1948, the home may require updates to its systems, infrastructure, or aesthetics to align with modern preferences and energy efficiency standards, which are not specified as completed.
Average School Ratings: While conveniently located near schools, the elementary and middle schools (Central Elementary, Monte Vista Middle) have lower ratings (3), which could be a consideration for families prioritizing top-tier academic performance.
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