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Johnson 76063
10605 Legacy Estates Drive
$165,000
● Land - Off Market

10605 Legacy Estates Drive

Burleson, TX 76028
bedrooms
Studio
bathrooms
0 Bath
$1,117
Est. Monthly
$96
HOA / Fees

About This Property

One of the last lots available on over an acre and located in a gorgeous neighborhood with gated entrance.  Ready to build your dream home.  Builder in neighborhood is Lane Garrett Custom Homes.  See details of neighborhood on website at www.legacyestates.net

Enjoy the peace and quiet of country living but only minutes from Mansfield to access shopping, restaurants, etc.

Neighborhood has a beautiful pond, stocked for fishing, playground, sand volleyball court, basketball court, tennis-pickleball court and covered picnic-BBQ area.
Unit Size
-
Days on Market
-
Land Size
1.30 acres
Price per sqft
-
Property Type
Land
Property Taxes
$161
HOA Dues
$96
Year Built
-

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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 #20473878)

Price History

Date / Event Date Event Price
May 10, 2024 Sold
Premium
Sold
Nov 9, 2023 Listed by RE/MAX Associates of Mansfield $175,000
Listed by RE/MAX Associates of Mansfield

Property Highlights

Building Info

Overview

    General

  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,628
  • Lot Size Depth Feet: 3,770
  • Lot Size Frontage Feet: 1,519
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: LEGACY ESTATES PHASE 1
  • Land Acres: 0000001300
  • Standard Land Use Code: 8008
  • County Land Use Code: C3
  • State Land Use Code: C3
  • Legal Description 1: LOT 17R1 BLK 1 LEGACY ESTATES PHASE 1

Neighborhood

  • School District Name: Alvarado Independent School District
  • School Tax School District: ALVARADO ISD
  • Census Tract: 130419

Geography

  • Assessors Map Reference: 126.2418.01170
  • Account Number: R000090784
  • Parcel: 126-2418-01170
  • Block: 1
  • Lot: 17
  • Municipality: BURLESON
  • Latitude: 32.5218
  • Longitude: -97.18

    Address

  • Full Address: 10605 Legacy Estates Dr
  • Address - House Number: 10605
  • Address - Street Name: Legacy Estates
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Burleson
  • Carrier Code: R002
  • 4-Digit Zip Code: 0119
  • Zip Code: 76028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $193,422
  • Tax Rate Code Area: 4

    Market Valuation

  • Market Total Value: $117,000
  • Market Land Value: $117,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $117,000
  • Assessed Land Value: $117,000

    Sales

  • Current Sale Contract Date: Sep 25, 2020
  • Current Sale Recording Date: Sep 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020-30852
  • Previous Sale Recording Date: Sep 30, 2020
  • Previous Sale Contract Date: Sep 25, 2020
  • Previous Sale Amount: $125,685
  • 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 Johnson

Stats & Trends

Median Asking:

$334,590

Sale Price/ft²

$177

Above Asking

0.02%

Average Days on Market

75

Average Home Size

2274 ft²

Average Home Age

-

Currently For Sale

1067 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

Rentals Near You

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NTREIS

Listed by: Cindy Schmidt, RE/MAX Associates of Mansfield
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20473878
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 10605 Legacy Estates Drive built and last sold?
The property at 10605 Legacy Estates Drive was built in and last sold on Sep 25, 2020 for $118,100.
How much is this home worth?
The estimated value of the home located at 10605 Legacy Estates Drive is $0.
What are some comparable homes to 10605 Legacy Estates Drive?
There are currently no comparable homes to 10605 Legacy Estates Drive.
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