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Parker 76082
1005 Henry Way
$560,000
● House - Off Market

1005 Henry Way

Springtown, TX 76082
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,681 Ft²
$588,274
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

New Construction! Luxurious Custom Home Built with 4 Spacious Bedrooms Plus Study located on a 1 Acre Lot. Desirable Open Floorplan, Gourmet Kitchen Features Granite Countertops, Stainless Steel Appliances, Island & Beautifull Cabinetry. Vaulted Ceilings throughout with Woodburning Fireplace, Oversized 3 car side entry garage with plenty of room to add your Workshop and RV or Boat Storage. Country Setting with City Conveniences Nearby. Est completion Early June.
Unit Size
2,681 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$214
Property Type
House
Property Taxes
$44
HOA Dues
$13
Year Built
2021

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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 #20048965)

Price History

Date / Event Date Event Price
Jul 7, 2022 Sold
Premium
Sold
May 4, 2022 Listed by Keller Williams Realty FtWorth $575,000
Listed by Keller Williams Realty FtWorth

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 698
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 3,428
  • Gross Building Area: 3,428
  • Building Area: 2,730
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,730
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRINGTOWN HEIGHTS @ COLEMAN BEND
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: ACRES: 1.000 LOT: 2 SUBD: SPRINGTOWN HEIGHTS @ COLEMAN BEND PC E-267; PC E-277

Neighborhood

  • School District Name: Springtown Independent School District
  • School Tax School District: JR COLLEGE DIST
  • Census Tract: 140411

Geography

  • Assessors Map Reference: K-7
  • Parcel: R000111541
  • Block: 1
  • Lot: 2
  • Municipality: SPRINGTOWN
  • Latitude: 32.9293
  • Longitude: -97.6928

    Address

  • Full Address: 1005 Henry Way
  • Address - House Number: 1005
  • Address - Street Name: Henry
  • Address - Suffix Type: Way
  • State: TX
  • City Name: Springtown
  • Carrier Code: R007
  • 4-Digit Zip Code: 6683
  • Zip Code: 76082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $890,853
  • Tax Rate Code Area: LTR SP

    Appraisal Valuation

  • Standard Deviation: 0.2368
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 579,301
  • High Value: 716,520
  • Low Value: 442,082

    Market Valuation

  • Market Total Value: $578,000
  • Market Land Value: $80,000
  • Market Improvement Value: $498,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $578,000
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $498,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 07, 2022
  • Current Sale Recording Date: Jul 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 25813
  • Previous Sale Recording Date: Dec 22, 2021
  • Previous Sale Contract Date: Oct 08, 2021
  • Previous Sale Amount: $400,000
  • 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 Parker

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$216

Below Asking

0.03%

Average Days on Market

77

Average Home Size

2501 ft²

Average Home Age

-

Currently For Sale

1178 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

Unit for rent at 821 E Highway 199, Springtown, TX, 76082

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,205 ft²
821 E Highway 199, Springtown, TX, 76082 Listing by Mechelle Bryant

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: James Biedenharn, Keller Williams Realty FtWorth
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20048965
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1005 Henry Way built and last sold?
The property at 1005 Henry Way was built in 2021 and last sold on Jul 7, 2022 for $412,300.
How much is this home worth?
The estimated value of the home located at 1005 Henry Way is $580,750.
What are some comparable homes to 1005 Henry Way?
There are currently no comparable homes to 1005 Henry Way.
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