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Trophy Club 76262 Trophy Club
104 Park Lane
$422,000
● House - Off Market

104 Park Lane

Trophy Club, TX 76262
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,890 Ft²
$622,894
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

**SPECIAL FINANCING AVAILABLE** Your Trophy Club dream home awaits! The pride of ownership shines in this 4 bed, 3 bath gem, especially in the backyard oasis with the pool and spa. Home has rear gate access to a walking trail.  The open Living Area and Kitchen concept is great for entertaining with the abundance of counter space and an island. The Master Bedroom has His and Hers walk-in closets and the bathroom was remodeled in 2017. Upstairs Living Area includes surround sound wiring. The covered patio makes grilling out a breeze! Home is within 5 minutes of Beck Elementary, Medlin Middle and Byron Nelson High schools. No need to worry about catching the bus! Roof replaced in August 2019.
Unit Size
2,890 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$147
Property Type
House
Property Taxes
$758
HOA Dues
$48
Year Built
1998

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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 #14166083)

Price History

Date / Event Date Event Price
Sep 26, 2019 Sold
Premium
Sold
Aug 19, 2019 Listed by Keller Williams Realty $425,000
Listed by Keller Williams Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2002
  • Building Count: 2
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 529
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 10
  • Lot Size Frontage Feet: 90,000
  • Total Building Area: 3,419
  • Gross Building Area: 3,419
  • Building Area: 2,890
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,890
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKES OF TROPHY CLUB PH 1
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LAKES OF TROPHY CLUB PH 1 BLK 9 LOT 14

Neighborhood

  • School District Name: Northwest Independent School District
  • Census Tract: 020322

Geography

  • Assessors Map Reference: 656-B
  • Parcel: R198488
  • Block: 9
  • Lot: 14
  • Municipality: TOWN OF TROPHY CLUB
  • Latitude: 33.0077
  • Longitude: -97.2076

    Address

  • Full Address: 104 Park Ln
  • Address - House Number: 104
  • Address - Street Name: Park
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Roanoke
  • Carrier Code: R027
  • 4-Digit Zip Code: 4205
  • Zip Code: 76262

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $938,817
  • Tax Rate Code Area: W03

    Appraisal Valuation

  • Standard Deviation: 0.1914
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 638,934
  • High Value: 761,281
  • Low Value: 516,586

    Market Valuation

  • Market Total Value: $616,814
  • Market Land Value: $117,000
  • Market Improvement Value: $499,814

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $533,733
  • Assessed Land Value: $117,000
  • Assessed Improvements Value: $499,814

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 26, 2019
  • Current Sale Recording Date: Oct 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2019-124318
  • Previous Sale Recording Date: Jul 15, 2009
  • Previous Sale Contract Date: Jul 10, 2009
  • Previous Sale Amount: $351,500
  • 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 Trophy Club

Stats & Trends

Median Asking:

$845,000

Sale Price/ft²

$258

Below Asking

0.01%

Average Days on Market

49

Average Home Size

3828 ft²

Average Home Age

19 years

Currently For Sale

17 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 108 N Us 377, Roanoke, TX, 76262

$2,699 /mo

  • 2 Beds
  • 2 Baths
  • 1,344 ft²
108 N Us 377 #410, Roanoke, TX, 76262 Listing by Taylor Farden

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Chip Mundy, Keller Williams Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14166083
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 104 Park Lane built and last sold?
The property at 104 Park Lane was built in 1998 and last sold on Sep 26, 2019 for $452,300.
How much is this home worth?
The estimated value of the home located at 104 Park Lane is $442,842.
What are some comparable homes to 104 Park Lane?
There are currently no comparable homes to 104 Park Lane.
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