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Johnson 76084 Hills of Springwood
11024 Foothill Drive
$215,500
● Mobile Manufactured - Off Market

11024 Foothill Drive

Venus, TX 76084
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,344 Ft²
$227,560
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Newly updated 3 bedroom, 2 bath home with 2 living and 1 dining. Beautiful open floor plan home situated on one acre lot. Walking into a large living room opening up to a wonderful eat- in kitchen and second living area, provides a great entertainment space for both friends and family. This continues outside with the front and rear decks to enjoy the country living and large grass yard.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$160
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
2004

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #20179382)

Price History

Date / Event Date Event Price
Dec 13, 2022 Sold
Premium
Sold
Oct 5, 2022 Listed by Burt Ladner Real Estate LLC $214,500
Listed by Burt Ladner Real Estate LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • 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: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 2,680
  • Lot Size Frontage Feet: 1,620
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLS OF SPRINGWOOD PH 2
  • Land Acres: 0000001000
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • State Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: LOT 12 BLK 6 HILLS OF SPRINGWOOD PH 2 S# TXFL412A/B43544BH12 L# PFS0844776/7

Neighborhood

  • School District Name: Venus Independent School District
  • School Tax School District: VENUS ISD
  • Census Tract: 130412

Geography

  • Assessors Map Reference: 126.4445.03120
  • Account Number: R000058730
  • Parcel: 126-4445-03120
  • Block: 6
  • Lot: 12
  • Municipality: VENUS
  • Latitude: 32.4742
  • Longitude: -97.1267

    Address

  • Full Address: 11024 Foothill Dr
  • Address - House Number: 11024
  • Address - Street Name: Foothill
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Venus
  • Carrier Code: R003
  • 4-Digit Zip Code: 3494
  • Zip Code: 76084

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $361,520
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.2406
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 262,882
  • High Value: 326,145
  • Low Value: 199,619

    Market Valuation

  • Market Total Value: $181,393
  • Market Land Value: $80,000
  • Market Improvement Value: $101,393

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $181,393
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $101,393

    Sales

  • Current Sale Contract Date: Dec 13, 2022
  • Current Sale Recording Date: Dec 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 41925
  • Previous Sale Recording Date: Aug 23, 2022
  • Previous Sale Contract Date: Aug 22, 2022
  • Previous Sale Amount: $1,330,000
  • 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 Hills of Springwood

Stats & Trends

Median Asking:

$235,000

Sale Price/ft²

$150

Below Asking

0.02%

Average Days on Market

69

Average Home Size

1786 ft²

Average Home Age

25 years

Currently For Sale

0 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: Samuel Demel, Burt Ladner Real Estate LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20179382
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 11024 Foothills Drive built and last sold?
The property at 11024 Foothills Drive was built in 2004 and last sold on Dec 13, 2022 for $257,953.
How much is this home worth?
The estimated value of the home located at 11024 Foothills Drive is $0.
What are some comparable homes to 11024 Foothills Drive?
There are currently no comparable homes to 11024 Foothills Drive.
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