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Trophy Club 76262 The Summit
1106 Wilshire Drive
$462,500
● House - Off Market

1106 Wilshire Drive

Trophy Club, TX 76262
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,094 Ft²
$478,418
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Beautiful single story home located in Trophy Club; a community with a laid back and tranquil feel yet is just minutes from shopping, dining, golf, various parks, award winning schools, and many other things to do. This home features 3 bedrooms, 2 baths, a large master retreat with en suite bath, a bright kitchen with breakfast nook, large living room with a wood burning fireplace, beautiful dining area, enclosed patio, ample storage and more. The secluded backyard has a swimming pool to beat the Texas heat. The storage shed conveys.  This home is ready for new owners! You just need to come see for yourself!
Unit Size
2,094 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$220
Property Type
House
Property Taxes
$548
HOA Dues
-
Year Built
1983

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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 #20113375)

Price History

Date / Event Date Event Price
Sep 14, 2022 Sold
Premium
Sold
Jul 14, 2022 Listed by House Brokerage $460,000
Listed by House Brokerage

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1990
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 36
  • Pool Type: 2

    Dimensions

  • Lot Size Square Feet: 11,390
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,622
  • Gross Building Area: 2,622
  • Building Area: 2,094
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,094
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TROPHY CLUB # 5
  • Land Acres: 0000000262
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: TROPHY CLUB # 5 LOT 430

Neighborhood

  • School District Name: Northwest Independent School District
  • Census Tract: 020305

Geography

  • Assessors Map Reference: 656-H
  • Parcel: R70095
  • Lot: 430
  • Municipality: TOWN OF TROPHY CLUB
  • Latitude: 32.9966
  • Longitude: -97.1925

    Address

  • Full Address: 1106 Wilshire Dr
  • Address - House Number: 1106
  • Address - Street Name: Wilshire
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Roanoke
  • Carrier Code: R025
  • 4-Digit Zip Code: 5447
  • Zip Code: 76262

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $812,641
  • Tax Rate Code Area: W03

    Appraisal Valuation

  • Standard Deviation: 0.2031
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 550,046
  • High Value: 661,763
  • Low Value: 438,329

    Market Valuation

  • Market Total Value: $462,000
  • Market Land Value: $100,774
  • Market Improvement Value: $361,226

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $462,000
  • Assessed Land Value: $100,774
  • Assessed Improvements Value: $361,226

    Sales

  • Current Sale Contract Date: Sep 09, 2022
  • Current Sale Recording Date: Sep 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 133277
  • Previous Sale Recording Date: Aug 11, 2020
  • Previous Sale Contract Date: Jul 30, 2020
  • Previous Sale Amount: $312,500
  • Previous Sale Document Type: 40
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 The Summit

Stats & Trends

Median Asking:

$567,000

Sale Price/ft²

$214

Below Asking

0.04%

Average Days on Market

75

Average Home Size

2295 ft²

Average Home Age

45.8 years

Currently For Sale

5 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 117 Summit Cove, Trophy Club, TX, 76262

$2,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,927 ft²
117 Summit Cove, Trophy Club, TX, 76262 Listing by Maria Schulle

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: MICHELLE WEST, House Brokerage
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20113375
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1106 Wilshire Drive built and last sold?
The property at 1106 Wilshire Drive was built in 1983 and last sold on Sep 9, 2022 for $584,368.
How much is this home worth?
The estimated value of the home located at 1106 Wilshire Drive is $0.
What are some comparable homes to 1106 Wilshire Drive?
There are currently no comparable homes to 1106 Wilshire Drive.
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