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Johnson 76084 Hills of Springwood
11208 Ghost Ridge Drive
$250,000
● House - Off Market

11208 Ghost Ridge Drive

Venus, TX 76084
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,456 Ft²
$248,600
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

3 bedroom 2 bath in well established neighborhood.  Huge shop with electric.  Lots of potential with the yard.
Unit Size
1,456 Ft²
Days on Market
-
Land Size
1.09 acres
Price per sqft
$172
Property Type
House
Property Taxes
$257
HOA Dues
-
Year Built
1999

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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 #20372242)

Price History

Date / Event Date Event Price
Aug 29, 2023 Sold
Premium
Sold
Jul 2, 2023 Listed by Living Well Real Estate Services $250,000
Listed by Living Well Real Estate Services

Property Highlights

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 900
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,306
  • Total Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLS OF SPRINGWOOD PH 1
  • Land Acres: 0000001086
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • State Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: LOT 23 BLK 1 HILLS OF SPRINGWOOD PH 1 S# HITX10A04261A/B L# NTA0892814/5 ELECTED REAL

Neighborhood

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

Geography

  • Assessors Map Reference: 126.4445.00110
  • Account Number: R000058528
  • Parcel: 126-4445-00110
  • Block: 1
  • Lot: 23
  • Municipality: VENUS
  • Latitude: 32.4704
  • Longitude: -97.1188

    Address

  • Full Address: 11208 Ghost Ridge Dr
  • Address - House Number: 11208
  • Address - Street Name: Ghost Ridge
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Venus
  • Carrier Code: R003
  • 4-Digit Zip Code: 3405
  • Zip Code: 76084

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $322,872
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.2406
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 247,927
  • High Value: 307,591
  • Low Value: 188,263

    Market Valuation

  • Market Total Value: $164,163
  • Market Land Value: $86,880
  • Market Improvement Value: $77,283

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $164,163
  • Assessed Land Value: $86,880
  • Assessed Improvements Value: $77,283

    Sales

  • Current Sale Contract Date: Aug 29, 2023
  • Current Sale Recording Date: Aug 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 24524
  • Previous Sale Recording Date: Feb 12, 2020
  • Previous Sale Contract Date: Feb 05, 2020
  • Previous Sale Amount: $123,800
  • 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 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

Unit for rent at 121 Independence Avenue, Venus, TX, 76084

$2,325 /mo

  • 3 Beds
  • 2 Baths
  • 1,533 ft²
121 Independence Avenue, Venus, TX, 76084 Listing by Keri Hafner
Unit for rent at 127 Mt Vernon Lane, Venus, TX, 76084

$2,300 /mo

  • 4 Beds
  • 2 Baths
  • 2,133 ft²
127 Mt Vernon Lane, Venus, TX, 76084 Listing by Ashley Castro

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Laurie Pike, Living Well Real Estate Services
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20372242
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 11208 Ghost Ridge Drive built and last sold?
The property at 11208 Ghost Ridge Drive was built in 1999 and last sold on Aug 29, 2023 for $244,072.
How much is this home worth?
The estimated value of the home located at 11208 Ghost Ridge Drive is $0.
What are some comparable homes to 11208 Ghost Ridge Drive?
There are currently no comparable homes to 11208 Ghost Ridge Drive.
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