508 Corral Drive, Belton, MO 64012
DUPLEX - Belton, MO
- Added:
- May 15, 2026
- Days on Market:
- 30
- Last Refresh:
- Jun 13 at 4:06 am
Property Features for 508 Corral Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Townhouse
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Basement, Bathroom 1, Bedroom 2, Bedroom 1, Dining Room
- Parking features
- Garage, Open
- Fireplace
- 1
- Standard status
- Active Under Contract
- APN
- 1402036
- Size
- 1,082 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Description
- CIMARRON TRAILS LOT 19 BLK 21
- Tax Annual Amount
- 1006
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Electric (Heating)
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 1960
- Building materials
- Wood Siding
- Roof type
- Composition
Listing agent The Butler Group (913) 685-2326
Listing office Keller Williams Realty Partners Inc. 6850 College Blvd., Overland Park, MO (913) 906-5400
Listing date May 15, 2026
Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Stone fireplace and dining room with bay window overlooking a large covered deck
- Private fully fenced backyard for added outdoor privacy
- 1‑car garage with custom built‑in cabinets, plus open parking
- Partially finished basement with potential for additional living space
- Home has 2 bedrooms and 1 bathroom; second bedroom currently used as a home office with built‑in shelving and desk
- Built in 1960; utilities include public water and public sewer; electric heating/forced air and electric cooling
Overview
Located in Belton, Missouri (Cass County), the property sits on a lot measuring about 0.15 acres. The existing outdoor features include a covered deck and a fully fenced backyard, supporting practical day-to-day use and added privacy.
For buyers seeking a residence to modernize and personalize, the current configuration offers a workable baseline with clear areas to update. The partially finished basement can support additional living space, office, or recreation uses based on how the space is finished. As it is being sold as-is with no repairs or treatments by the seller, interested buyers should plan for due diligence and any needed improvements as part of their renovation scope.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.3k | $14.16 |
| − Vacancy | −$260 | −$0.24 |
| EGI | $15.1k | $13.92 |
| − OpEx | −$6.8k | −$6.26 |
| NOI | $8.3k | $7.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Belton
- County
- Cass
- State
- Missouri
- Longitude
- -94.546139
- Latitude
- 38.826509
