
Tracy, CA 95376
This Value-Add Residential Asset is listed at $500,000, representing a strategic entry point into the Tracy market relative to its $457,315 Fair Market Value. Currently maintaining a Fair Condition Rating, the 1986-built residence offers significant potential for forced appreciation through cosmetic modernizations and energy-efficiency updates. The property features a 6,551 sq. ft. lot and is situated just 0.13 miles from Gladys Poet-Christian Elementary School and near John C. Kimball High School, ensuring high rental demand. This is an optimal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1891 S Willow Creek Drive Subject | $500,000* List Price | 3 | 2 | 1,070 | $426 | - |
A 495 W Central Avenue Sold | $550,000 | 3 | 2 | 1,306 | $421 | 0.2 mi |
B 495 Magnolia Lane Sold | $525,000 | 2 | 2 | 1,070 | $491 | 0.2 mi |
C 1341 Appalosa Court Sold | $600,000 | 3 | 2 | 1,159 | $518 | 1.0 mi |
D 415 E Mahogany Lane Sold | $557,000 | 3 | 2 | 1,306 | $426 | 0.1 mi |
E 261 Butte Way Sold | $529,000 | 3 | 2 | 1,321 | $400 | 0.6 mi |
F 973 Vernon Berry Ln Sold | $470,000 | 3 | 2 | 1,213 | $387 | 0.7 mi |
G 1820 S Willow Creek Drive Pending | $584,000 List Price | 3 | 2 | 1,319 | $443 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, this 38-year-old property falls into the 'fair' category as it is aged but appears maintained through regular upkeep. While functional, the home likely features outdated kitchen and bathroom styles and requires modern cosmetic updates and energy-efficiency improvements to compete with newer inventory, as noted in the property analysis.
The property is exceptionally well-located for families, situated just 0.13 miles from Gladys Poet-Christian Elementary School, making for an easy daily commute.
With an association fee of $0, this home offers lower monthly carrying costs and greater freedom for the homeowner compared to many newer developments in the Tracy area.
The 6,551 square foot lot provides a substantial outdoor footprint for a home of this size, offering significant potential for landscaping, gardening, or outdoor entertaining.
At 1,070 square feet for a three-bedroom configuration, the interior may feel restrictive for buyers looking for larger communal areas or more spacious bedrooms.
Built in 1986, the home may require capital improvements or modern cosmetic updates to compete with newer inventory and ensure contemporary energy efficiency.
Exceptional opportunity in Tracy. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-8 • 0.1 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,070 | 1,635 | 9% |
| Lot Size | 6,551 | 5,803 | 75% |
| Price | $500.0K | $599.0K | 14% |
| Price per sq ft | $467 | $371 | 87% |
| Built year | 1986 | 1989 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 169 | 3% |
Feb 28, 2026
$500,000
Initial Listing
Mar 21, 2000
$182,500
Public Record
Dec 7, 1995
$129,000
Public Record