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Wilmer 75125
1025 Malloy Bridge Road
$310,000
● Land - Off Market

1025 Malloy Bridge Road

Ferris, TX 75125
bedrooms
Studio
bathrooms
0 Bath
$495,871
RealtyHop Estimate
50.26%
Since Feb 1, 2020
TX-Dallas
Primary Model

About This Property

Great Location for Truck and Equipment Lot. READY TO USE NOW. 5 Acres on Malloy Bridge Road. Currently Zoned Lnd-Commercial.  Graded, Sloped 1.5ft per 100ft, Crushed and Packed Aggregate Base Ready for Trucks on day One. Owner Will Permit Temporary Easement for Access to Buyer. Located Approximately 1.3 Miles From Interstate 45 And Only 25 Minutes from Dallas. Pretty Property With Trees Throughout On The Corner Of Malloy Bridge Rd. And Malloy Bridge Circle.
Unit Size
-
Days on Market
-
Land Size
5.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$244
HOA Dues
-
Year Built
-

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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 #14073102)

Price History

Date / Event Date Event Price
Jan 27, 2020 Sold
Premium
Sold
Apr 23, 2019 Listed by Hi View Real Estate $330,000
Listed by Hi View Real Estate

Property Highlights

Building Info

Overview

    General

  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 222,853
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: CHARLES NEELEY
  • Land Acres: 0000005116
  • Standard Land Use Code: 8002
  • County Land Use Code: C12
  • State Land Use Code: C12
  • Legal Description 1: CHARLES NEELEY ABST 1083 PG 025 TR 10 ACS 5.116 INT202100270535 DD09022021 CO-DC 1083025101000 4NT10830251

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 016903

Zoning

  • Zoning: Z05

Geography

  • Assessors Map Reference: 651083025101000
  • Account Number: 651083025101000
  • Subdivision Tract Number: 10
  • Parcel: 65-10830-251-010-0000
  • Municipality: DALLAS CNTY ABST
  • Latitude: 32.569
  • Longitude: -96.6472

    Address

  • Full Address: 1025 Malloy Bridge Rd
  • Address - House Number: 1025
  • Address - Street Name: Malloy Bridge
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Ferris
  • Carrier Code: R001
  • 4-Digit Zip Code: 8957
  • Zip Code: 75125

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $180,552
  • Tax Rate Code Area: DS

    Market Valuation

  • Market Total Value: $127,900
  • Market Land Value: $127,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $127,900
  • Assessed Land Value: $127,900

    Sales

  • Current Sale Contract Date: Jan 23, 2020
  • Current Sale Recording Date: Jan 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202000025171
  • Previous Sale Recording Date: Jan 14, 2010
  • Previous Sale Contract Date: Jan 08, 2010
  • Previous Sale Amount: $101,300
  • 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 Wilmer

Stats & Trends

Median Asking:

$239,999

Sale Price/ft²

$171

Below Asking

0.01%

Average Days on Market

69

Average Home Size

1322 ft²

Average Home Age

29 years

Currently For Sale

9 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 1260 Balsam Road, Wilmer, TX, 75172

$2,199 /mo

  • 3 Beds
  • 2 Baths
  • 1,266 ft²
1260 Balsam Road, Wilmer, TX, 75172 Listing by Tram Quach

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: John Smith, Hi View Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14073102
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1025 Malloy Bridge Road built and last sold?
The property at 1025 Malloy Bridge Road was built in and last sold on Jan 23, 2020 for $330,000.
How much is this home worth?
The estimated value of the home located at 1025 Malloy Bridge Road is $0.
What are some comparable homes to 1025 Malloy Bridge Road?
There are currently no comparable homes to 1025 Malloy Bridge Road.
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