$285,000
●
House -
Off Market
1022 Rumley Road
Forney, TX 75126
3 Beds
2 Baths
1,575 Ft²
$297,910
RealtyHop Estimate
-0.66%
Since Nov 1, 2023
TX-Dallas
Primary Model
About This Property
Congregate around this heavily-shaded corner lot with new flooring
& paint throughout, located just a short hop, skip, & jump from
both the wonderful neighborhood elementary & the community pool!
Travis Ranch is vast but this home sits in the ideal location as to
be totally surrounded by the myriad amenities offered in this
boutique lakeside community. Copious sunlight streams through the
high-efficiency windows into the living room & kitchen,
illuminating the beautiful array of paint within the home, the new
carpet & masterfully-installed wood-look porcelain tile that flows
throughout the living room, assuring of the integrity of the home
underfoot as well as the quality of construction both within &
outside its walls. The footprint is perfect; the bedrooms were
astutely designed to be across the home from each other, & the
ceilings throughout the home are vaulted & yet cozy, amplifying the
large windows that highlight our expansive Texas sky. We cordially
invite you to come see!
Unit Size
1,575 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$190
Property Type
House
Property Taxes
-
HOA Dues
$90
Year Built
2005
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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: 2 years ago (NTREIS #20395392)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 5, 2023 | Sold | ||
| Sold | |||
| Jul 31, 2023 | Listed by Keller Williams Central | $299,900 | |
| Listed by Keller Williams Central | |||
| | |||
|
Congregate around this heavily-shaded corner lot with new flooring & paint throughout, located just a short hop, skip, & jump from both the wonderful neighborhood elementary & the community pool! Travis Ranch is vast but this home sits in the ideal location as to be totally surrounded by the myriad amenities offered in this boutique lakeside community. Copious sunlight streams through the high-efficiency windows into the living room & kitchen, illuminating the beautiful array of paint within the home, the new carpet & masterfully-installed wood-look porcelain tile that flows throughout the living room, assuring of the integrity of the home underfoot as well as the quality of construction both within & outside its walls. The footprint is perfect; the bedrooms were astutely designed to be across the home from each other, & the ceilings throughout the home are vaulted & yet cozy, amplifying the large windows that highlight our expansive Texas sky. We cordially invite you to come see!
| |||
| Oct 23, 2020 | Sold | ||
| Sold | |||
| Sep 16, 2020 | Listed by Mike Mazyck Realty | $199,000 | |
| Listed by Mike Mazyck Realty | |||
| | |||
|
MULTIPLE OFFERS RECEIVED, HIGHEST & BEST BY WED SEPT 23rd 8PM...Cute 3 bed 2 bath home located on a corner lot in Travis Ranch UNDER 200K! This home would make a wonderful starter home or a great investment. Large master suite with large walk-in closet. Master bath features a separate shower and garden tub. Woodburning fireplace. Large kitchen with lots of cabinet space. New AC installed in May of 2020! Walking distance to Elementary school, large community pool, a splash park, a spacious covered pavilion and tot lot, an in-line hockey rink, sports fields and a playground area. Forney ISD!
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Travis Ranch
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Parker Hall, Keller Williams Central
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20395392
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20395392
Details provided by NTREIS and may not match the public record
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