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Cool 76088
112 Cool Lane
$250,000
● House - Off Market

112 Cool Lane

Weatherford, TX 76088
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,157 Ft²
$275,210
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

The coolest property on Cool Lane in Cool, Texas is available for you! Charming 3 bedroom home on a large fenced lot.  Yard has many beautiful mature trees, established grass, large area for gardening and plenty of room for entertaining & children to play.  There is also the most adorable chicken coop ready for your chickens.  On the property is a wonderful 586 square feet shop with electricity.  The shop could be used to park your car and still have plenty of room to work and a lot of room for storage.  This quaint home is on a quiet dead end street.  No traffic to worry about. How cool would it be to live on Cool Lane in Cool, Texas.
Unit Size
1,157 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$233
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1977

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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 #20057234)

Price History

Date / Event Date Event Price
Jul 8, 2022 Sold
Premium
Sold
May 13, 2022 Listed by Clark Real Estate Group $269,000
Listed by Clark Real Estate Group

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,753
  • Total Building Area: 1,157
  • Gross Building Area: 1,157
  • Building Area: 1,157
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,157
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VV HARRIS SURVEY ABSTRACT NO 2124
  • Land Acres: 0000000706
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: ACRES: 0.706 ABST: 2124, TR:, BLK:, SURV: V. V. HARRIS

Neighborhood

  • School District Name: Millsap Independent School District
  • School Tax School District: JR COLLEGE DIST
  • Census Tract: 140601

Geography

  • Assessors Map Reference: C-13
  • Parcel: R000064088
  • Block: 34
  • Municipality: WEATHERFORD
  • Latitude: 32.799
  • Longitude: -98.0004

    Address

  • Full Address: 112 Cool Ln
  • Address - House Number: 112
  • Address - Street Name: Cool
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Weatherford
  • Carrier Code: R011
  • 4-Digit Zip Code: 9024
  • Zip Code: 76088

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $388,204
  • Tax Rate Code Area: LTR MI

    Appraisal Valuation

  • Standard Deviation: 0.2629
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 349,815
  • High Value: 441,798
  • Low Value: 257,832

    Market Valuation

  • Market Total Value: $234,490
  • Market Land Value: $42,360
  • Market Improvement Value: $192,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,490
  • Assessed Land Value: $42,360
  • Assessed Improvements Value: $192,130

    Sales

  • Current Sale Contract Date: Jul 08, 2022
  • Current Sale Recording Date: Jul 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 26347
  • Previous Sale Recording Date: Oct 26, 2017
  • Previous Sale Contract Date: Oct 23, 2017
  • Previous Sale Amount: $175,500
  • Previous Sale Document Type: 70
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 Cool

Stats & Trends

Median Asking:

$239,000

Sale Price/ft²

$190

Below Asking

0.06%

Average Days on Market

40

Average Home Size

1788 ft²

Average Home Age

66 years

Currently For Sale

1 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 10669 Mineral Wells Highway, Weatherford, TX, 76088

$1,600 /mo

  • 2 Beds
  • 1 Bath
  • 720 ft²
10669 Mineral Wells Highway, Weatherford, TX, 76088 Listing by Linda Acosta

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Melanie Deen, Clark Real Estate Group
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20057234
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 112 Cool Lane built and last sold?
The property at 112 Cool Lane was built in 1977 and last sold on Jul 8, 2022 for $247,925.
How much is this home worth?
The estimated value of the home located at 112 Cool Lane is $271,690.
What are some comparable homes to 112 Cool Lane?
There are currently no comparable homes to 112 Cool Lane.
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