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Parker 76082
1050 Highland Circle
$235,000
● House - Off Market

1050 Highland Circle

Springtown, TX 76082
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,661 Ft²
$308,752
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Come experience this serene country setting! Expansive, tranquil views and an abundance of shade with trees throughout the 2 acres. Freshly painted exterior, remodeled bathrooms, new Carrier central AC. There is a detached 2 car garage on slab with a workshop.  Lovely well maintained property, large living room, spacious dining room and den with a fireplace This charming home is easily accessible to town.
Unit Size
1,661 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$141
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1978

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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 #14427784)

Price History

Date / Event Date Event Price
Dec 11, 2020 Sold
Premium
Sold
Aug 30, 2020 Listed by Perla Realty Group, LLC $235,000
Listed by Perla Realty Group, LLC

Property Highlights

Air Conditioning
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 1,661
  • Gross Building Area: 1,661
  • Building Area: 1,661
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,661
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: ACRES: 2.000 ABST: 1342, TR: SALES CONTRACT, BLK:, SURV: T & P R R CO

Neighborhood

  • School District Name: Azle Independent School District
  • School Tax School District: JR COLLEGE DIST
  • Census Tract: 140409

Geography

  • Assessors Map Reference: 427-U
  • Parcel: R000053217
  • Block: 13
  • Municipality: SPRINGTOWN
  • Latitude: 32.9198
  • Longitude: -97.6386

    Address

  • Full Address: 1050 Highland Cir
  • Address - House Number: 1050
  • Address - Street Name: Highland
  • Address - Suffix Type: Cir
  • State: TX
  • City Name: Springtown
  • Carrier Code: R009
  • 4-Digit Zip Code: 7206
  • Zip Code: 76082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $418,732
  • Tax Rate Code Area: LTR SP

    Appraisal Valuation

  • Standard Deviation: 0.2549
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 348,751
  • High Value: 437,661
  • Low Value: 259,842

    Market Valuation

  • Market Total Value: $344,000
  • Market Land Value: $120,000
  • Market Improvement Value: $224,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $271,680

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 11, 2020
  • Current Sale Recording Date: Dec 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202041810
  • Previous Sale Recording Date: Nov 09, 2004
  • Previous Sale Contract Date: Nov 09, 2004
  • Previous Sale Document Type: 27
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 Parker

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$216

Below Asking

0.03%

Average Days on Market

76

Average Home Size

2498 ft²

Average Home Age

-

Currently For Sale

1171 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

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NTREIS

Listed by: Elizabeth Olivas, Perla Realty Group, LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14427784
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1050 Highland Circle built and last sold?
The property at 1050 Highland Circle was built in 1978 and last sold on Dec 11, 2020 for $279,100.
How much is this home worth?
The estimated value of the home located at 1050 Highland Circle is $0.
What are some comparable homes to 1050 Highland Circle?
There are currently no comparable homes to 1050 Highland Circle.
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