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Travis Ranch 75126 Travis Ranch
1029 Cottontail Drive
$290,000
● House - Off Market

1029 Cottontail Drive

Forney, TX 75126
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,988 Ft²
$414,392
RealtyHop Estimate
43.39%
Since Sep 1, 2020
TX-Dallas
Primary Model

About This Property

This is the home for your stay-cation. 5 Bedrooms, 3.5 Bathrooms, 2 living areas, 2 dining areas AND a study. This house has space for everyone!  Kitchen offers SS appliances and granite countertops.  Large living room with corner WB Fireplace looks into the backyard oasis.  Approx. 20,000 gallon Gunite Pool with Pebble Tec finish, tanning ledge, 2 waterfalls and LED lights. Even with the pool, there is still plenty of room to play in the backyard with a storage shed. Water Softner added. So many extras...don't wait long.

Located in Travis Ranch, a master planned community in Forney, TX.
Unit Size
2,988 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$97
Property Type
House
Property Taxes
$572
HOA Dues
$30
Year Built
2005

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #14375479)

Price History

Date / Event Date Event Price
Jul 28, 2022 Sold
Premium
Sold
Jul 8, 2022 Listed by Keller Williams Realty $399,000
Listed by Keller Williams Realty
5 Bedrooms, 3.5 Bathrooms, 2 living areas, 2 dining areas AND a study. This spacious home is outside the city limits and one of the few in the area with its own fenced pool, complete with a spacious covered patio. The pool is approx.20,000 gallon Gunite in-ground pool with Pebble Tec finish, tanning ledge, 2 and LED lights. Hot tub also included. Large living areas both up and down give plenty of space for get-togethers or just hanging out at home. Kitchen offers granite countertops and SS appliances. Brand new HVAC w heat pump purchased in 2021--10 yr warranty. Radiant barrier purchased in 21. New garage doors. Lots of space Too many extras to list them all. Walking distance to the elementary and the community park.
Aug 14, 2020 Sold
Premium
Sold
Jul 10, 2020 Listed by Nicholson Premier Realty $289,000
Listed by Nicholson Premier Realty

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,093
  • Total Building Area: 3,137
  • Gross Building Area: 3,281
  • Building Area: 3,281
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,717
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: TRAVIS RANCH PH 2A
  • Land Acres: 0000000163
  • Standard Land Use Code: 2000
  • County Land Use Code: A4
  • State Land Use Code: A4
  • Legal Description 1: TRAVIS RANCH PH 2A, BLOCK D, LOT 64

Neighborhood

  • School District Name: Forney Independent School District
  • Census Tract: 050207

Geography

  • Parcel: 74212
  • Block: D
  • Lot: 64
  • Municipality: FORNEY
  • Latitude: 32.7993
  • Longitude: -96.478

    Address

  • Full Address: 1029 Cottontail Dr
  • Address - House Number: 1029
  • Address - Street Name: Cottontail
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Forney
  • Carrier Code: R020
  • 4-Digit Zip Code: 5121
  • Zip Code: 75126

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $667,560
  • Tax Rate Code Area: 6F CAD KC

    Market Valuation

  • Market Total Value: $257,805
  • Market Land Value: $50,000
  • Market Improvement Value: $207,805

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $369,697
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $299,697

    Sales

  • Current Sale Contract Date: Jul 28, 2022
  • Current Sale Recording Date: Aug 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 30424
  • Previous Sale Recording Date: Aug 17, 2020
  • Previous Sale Contract Date: Aug 14, 2020
  • Previous Sale Amount: $237,500
  • 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 Travis Ranch

Stats & Trends

Median Asking:

$289,950

Sale Price/ft²

$132

Below Asking

0.03%

Average Days on Market

76

Average Home Size

2329 ft²

Average Home Age

13.1 years

Currently For Sale

51 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 4158 Yellow Jasmine Lane, Heath, TX, 75126

$3,950 /mo

  • 5 Beds
  • 3 Baths
  • 4,830 ft²
4158 Yellow Jasmine Lane, Heath, TX, 75126 Listing by RJ Avery

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Stacey Eastep, Nicholson Premier Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14375479
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1029 Cottontail Drive built and last sold?
The property at 1029 Cottontail Drive was built in 2005 and last sold on Jul 28, 2022 for $499,357.
How much is this home worth?
The estimated value of the home located at 1029 Cottontail Drive is $0.
What are some comparable homes to 1029 Cottontail Drive?
There are currently no comparable homes to 1029 Cottontail Drive.
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