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Erath 76401
1075 Timber Ridge Drive
$185,000
● Land - Off Market

1075 Timber Ridge Drive

Stephenville, TX 76401
bedrooms
Studio
bathrooms
0 Bath
$933
Est. Monthly

About This Property

Build your Dream Home-in this Prestigious development "Timber Creek Estates II outside Stephenville Tx! All the hard work has been done!! Water well into 2nd trinity...435 feet! Shop for hobbies or RV.. with feed room on back... 4H animals allowed-in this Restricted area!! Oaks & creek towards back of property! Granbury & Weatherford a short drive! Convenient to hwy 377 or 281
Unit Size
-
Days on Market
-
Land Size
2.02 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2017

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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: 8 months ago (NTREIS #21052718)

Price History

Date / Event Date Event Price
Mar 19, 2026 Sold
Premium
Sold
Feb 20, 2026 In contract -
In contract
Dec 3, 2025 Price Decreased $190,000
↓ $6K (2.8%)
Price Decreased
Oct 28, 2025 Price Decreased $195,500
↓ $4K (2.2%)
Price Decreased
Sep 10, 2025 Listed by Newfound Real Estate $199,800
Listed by Newfound Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • 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: 87,991
  • Total Building Area: 1,920
  • Gross Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: T

    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: R
  • Subdivision: TIMBER CREEK ESTATES II
  • Land Acres: 0000002020
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: S7156 TIMBER CREEK ESTATES; PHASE II, TRACT 20

Neighborhood

  • School District Name: Stephenville Independent School District
  • School Tax School District: STEPHENVILLE SD
  • School Tax District Code 2: ROAD & BRIDGE
  • School Tax District Code 3: MIDDLE TRINITY
  • Census Tract: 950501

Geography

  • Account Number: R.7156.00200.00.0
  • Subdivision Phase Number: II
  • Subdivision Tract Number: 20
  • Parcel: R000072678
  • Municipality: STEPHENVILLE
  • Latitude: 32.2791
  • Longitude: -98.1499

    Address

  • Full Address: 1075 Timber Ridge Dr
  • Address - House Number: 1075
  • Address - Street Name: Timber Ridge
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Stephenville
  • Zip Code: 76401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $121,119
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 72 903 MTD

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 70
  • Final Value: 153,190
  • High Value: 186,370
  • Low Value: 120,010

    Market Valuation

  • Market Total Value: $87,460
  • Market Land Value: $50,500
  • Market Improvement Value: $36,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,460
  • Assessed Land Value: $50,500
  • Assessed Improvements Value: $36,960

    Sales

  • Current Sale Contract Date: Sep 09, 2011
  • Current Sale Recording Date: Sep 12, 2011
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2011-04703
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 Erath

Stats & Trends

Median Asking:

$369,000

Sale Price/ft²

$208

Below Asking

0.03%

Average Days on Market

72

Average Home Size

2064 ft²

Average Home Age

5.8 years

Currently For Sale

249 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: Jeffrey Robillard, Newfound Real Estate
Last Updated: 8 months ago
Data Source: NTREIS MLS, MLS# 21052718
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1075 Timber Ridge Drive built and last sold?
The property at 1075 Timber Ridge Drive was built in 2017 and last sold on Sep 9, 2011 for $0.
How much is this home worth?
The estimated value of the home located at 1075 Timber Ridge Drive is $0.
What are some comparable homes to 1075 Timber Ridge Drive?
There are currently no comparable homes to 1075 Timber Ridge Drive.
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