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Hunt 75474
1056 Nob Hill Road
$87,500
● Mobile Manufactured - Off Market

1056 Nob Hill Road

Quinlan, TX 75474
bedrooms
2 Beds
bathrooms
0 Bath
square feet
996 Ft²
$89,982
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Just shy of 3 acres that back up to Lake Tawakoni. Property is lightly treed and has a pond on it. Mobile home is in very poor condition. Co-Op water and electric at the property. Septic on site.
Unit Size
996 Ft²
Days on Market
-
Land Size
2.73 acres
Price per sqft
$85
Property Type
Mobile Manufactured
Property Taxes
$90
HOA Dues
-
Year Built
1971

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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 #20209836)

Price History

Date / Event Date Event Price
Jan 9, 2023 Sold
Premium
Sold
Nov 18, 2022 Listed by All City Real Estate, Ltd. Co. $85,000
Listed by All City Real Estate, Ltd. Co.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • 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: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 118,691
  • Lot Size Depth Feet: 7,250
  • Lot Size Frontage Feet: 1,640
  • Total Building Area: 1,972
  • Building Area: 1,972
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,972
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NOB HILL ADDITION
  • Land Acres: 0000002725
  • Standard Land Use Code: 1000
  • County Land Use Code: A3
  • State Land Use Code: A3
  • Mobile Home Indicator: T
  • Legal Description 1: S4190 NOB HILL ADDITION LOT 2 ACRES 2.7248

Neighborhood

  • School District Name: Quinlan Independent School District
  • Census Tract: 961600

Geography

  • Assessors Map Reference: 14-F
  • Parcel: 52519
  • Lot: 2
  • Municipality: QUINLAN
  • Latitude: 32.9144
  • Longitude: -96.0931

    Address

  • Full Address: 1056 Nob Hill Rd
  • Address - House Number: 1056
  • Address - Street Name: Nob Hill
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Quinlan
  • Carrier Code: R009
  • 4-Digit Zip Code: 6024
  • Zip Code: 75474

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $144,960
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: SQL

    Appraisal Valuation

  • Standard Deviation: 0.1929
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 157,048
  • High Value: 187,355
  • Low Value: 126,741

    Market Valuation

  • Market Total Value: $99,200
  • Market Land Value: $96,140
  • Market Improvement Value: $3,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $99,200
  • Assessed Land Value: $96,140
  • Assessed Improvements Value: $3,060

    Sales

  • Current Sale Contract Date: Dec 13, 2022
  • Current Sale Recording Date: Dec 15, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 29129
  • Previous Sale Recording Date: Jul 12, 2022
  • Previous Sale Contract Date: Jul 05, 2022
  • Previous Sale Document Type: 71
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 Hunt

Stats & Trends

Median Asking:

$288,570

Sale Price/ft²

$162

Below Asking

0.04%

Average Days on Market

82

Average Home Size

2006 ft²

Average Home Age

23.3 years

Currently For Sale

892 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 8810 Fm 751, Quinlan, TX, 75474

$1,600 /mo

  • 3 Beds
  • 1 Bath
  • 1,500 ft²
8810 Fm 751, Quinlan, TX, 75474 Listing by Jody Crocker

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Tawnya Tyree, All City Real Estate, Ltd. Co.
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20209836
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1056 Nob Hill Road built and last sold?
The property at 1056 Nob Hill Road was built in 1971 and last sold on Dec 13, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 1056 Nob Hill Road is $90,246.
What are some comparable homes to 1056 Nob Hill Road?
There are currently no comparable homes to 1056 Nob Hill Road.
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