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Rains 75453
1044 RS County Road 1520
$540,000
● House - Off Market

1044 RS County Road 1520

Point, TX 75453
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,736 Ft²
$2,701
Est. Monthly

About This Property

Nestled on over 17 mixed pasture and wooded acres, this inviting 4-bedroom, 2-bathroom home offers a perfect blend of farm and home. Boasting recent upgrades including a brand-new roof, a freshly laid rock driveway, new carpet, and fresh exterior and interior paint, this residence is ready for its new owners! This is the perfect property to bring your animals and start that garden you've been dreaming of! Step inside to discover a spacious main bedroom featuring a bonus flex space ideal for a home office, nursery, or lounge area. The living area is complemented by a dedicated desk workspace for convenience. Outside, a newly installed swimming pool beckons for leisurely afternoons in the sun. Everything you have been looking for is right here!
Unit Size
2,736 Ft²
Days on Market
-
Land Size
17.11 acres
Price per sqft
$201
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2014

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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 #20596188)

Price History

Date / Event Date Event Price
Aug 8, 2024 Sold
Premium
Sold
Jun 25, 2024 In contract -
In contract
Apr 23, 2024 Listed by Dwell Realty $550,000
Listed by Dwell Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 50
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 745,442
  • Total Building Area: 2,736
  • Gross Building Area: 2,736
  • Building Area: 2,736
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,736
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: SMITH F L
  • Land Acres: 0000017113
  • Standard Land Use Code: 7002
  • County Land Use Code: E1
  • State Land Use Code: E1
  • Legal Description 1: A0207 SMITH F L ACRES 17.113

Neighborhood

  • School District Name: Rains Independent School District
  • Census Tract: 950200

Geography

  • Account Number: 02070531000443
  • Parcel: R17137
  • Municipality: POINT
  • Latitude: 32.932
  • Longitude: -95.9102

    Address

  • Full Address: 1044 Rs County Road 1520
  • Address - House Number: 1044
  • Address - Street Name: Rs County Road 1520
  • State: TX
  • City Name: Point
  • Carrier Code: R003
  • 4-Digit Zip Code: 5051
  • Zip Code: 75472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $238,853
  • Tax Rate Code Area: ERC GRC SR

    Market Valuation

  • Market Total Value: $328,206
  • Market Land Value: $128,520
  • Market Improvement Value: $199,686

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $148,431

    Exemptions

  • Homeowner Exemption: Yes
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 Rains

Stats & Trends

Median Asking:

$329,950

Sale Price/ft²

$201

Below Asking

0.05%

Average Days on Market

98

Average Home Size

1923 ft²

Average Home Age

32.8 years

Currently For Sale

99 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 1841 Rs County Road 1402, Point, TX, 75472

$4,500 /mo

  • 5 Beds
  • 3 Baths
  • 4,132 ft²
1841 Rs County Road 1402, Point, TX, 75472 Listing by Michelle Small

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: David Kurtz, Dwell Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20596188
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1044 Rs County Rd 1520 built and last sold?
The property at 1044 Rs County Rd 1520 was built in 2014 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1044 Rs County Rd 1520 is $0.
What are some comparable homes to 1044 Rs County Rd 1520?
There are currently no comparable homes to 1044 Rs County Rd 1520.
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