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Parker 76087
113 Opal Drive
$205,000
● Mobile Manufactured - Off Market

113 Opal Drive

Weatherford, TX 76087
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,016 Ft²
$1,261
Est. Monthly
13.16%
Cap Rate

About This Property

Just 15 minutes outside of town, welcome to your own slice of Weatherford, Texas! Home sits on a little over an acre with 4 bedrooms and 3 full bathrooms. Split layout which allows the primary bedroom its own space & privacy. Also in the primary, you will find an en-suite with a soaker tub, separate shower, and great size walk in closet. Cozy up around the wood burning fireplace during the holidays. There is an additional room that could be used as an office or maybe another dining room, several different options for use of the space. The other 3 bedrooms have great size closets and are on the other side of the house. 5 short minutes from the Brazos, come check out this home and let's see if it fits your new home needs!
Unit Size
2,016 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$106
Property Type
Mobile Manufactured
Property Taxes
$215
HOA Dues
-
Year Built
2005

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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: 2 years ago (NTREIS #20706059)

Price History

Date / Event Date Event Price
Nov 15, 2024 Sold
Premium
Sold
Oct 15, 2024 In contract -
In contract
Sep 21, 2024 Price Decreased $213,000
↓ $5K (2.3%)
Price Decreased
Aug 17, 2024 Listed by Texas Property Brokers, LLC $218,000
Listed by Texas Property Brokers, LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • 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 Count: 100
  • 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: 47,916
  • Total Building Area: 2,016
  • Gross Building Area: 2,016
  • Building Area: 2,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,016
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDAR RIDGE PH II
  • Land Acres: 0000001100
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • State Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: ACRES: 1.100 LOT: 11 BLK: 3 SUBD: CEDAR RIDGE PH II LABEL: PFS0844166 MAKE: REDMAN HOMES INC SERIAL: 12404594A MODEL: CHAMP LTD MODEL: 28X72 YR: 2004, ELECTED AS REAL PROPERTY

Neighborhood

  • School District Name: Weatherford Independent School District
  • School Tax School District: JR COLLEGE DIST
  • Census Tract: 140604

Geography

  • Assessors Map Reference: 567-W
  • Parcel: R000078670
  • Block: 3
  • Lot: 11
  • Municipality: WEATHERFORD
  • Latitude: 32.601
  • Longitude: -97.8036

    Address

  • Full Address: 113 Opal Dr
  • Address - House Number: 113
  • Address - Street Name: Opal
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Weatherford
  • Carrier Code: R009
  • 4-Digit Zip Code: 0400
  • Zip Code: 76087

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $257,360
  • Tax Rate Code Area: LTR WE

    Appraisal Valuation

  • Standard Deviation: 0.2584
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 408,352
  • High Value: 513,904
  • Low Value: 302,800

    Market Valuation

  • Market Total Value: $180,070
  • Market Land Value: $60,000
  • Market Improvement Value: $120,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $159,660

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 27, 2018
  • Current Sale Recording Date: Aug 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201822009
  • Previous Sale Recording Date: Mar 04, 2015
  • Previous Sale Contract Date: Mar 03, 2015
  • Previous Sale Amount: $68,700
  • 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 Parker

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$216

Below Asking

0.03%

Average Days on Market

78

Average Home Size

2506 ft²

Average Home Age

-

Currently For Sale

1179 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: Taylor Garcia, Texas Property Brokers, LLC
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20706059
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 113 Opal Drive built and last sold?
The property at 113 Opal Drive was built in 2005 and last sold on Aug 27, 2018 for $129,100.
How much is this home worth?
The estimated value of the home located at 113 Opal Drive is $0.
What are some comparable homes to 113 Opal Drive?
There are currently no comparable homes to 113 Opal Drive.
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