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Collin 75424
11338 County Road 580
$269,000
● Mobile Manufactured - Off Market

11338 County Road 580

Blue Ridge, TX 75424
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,536 Ft²
$1,455
Est. Monthly
8.76%
Cap Rate

About This Property

Updated home on almost 3 acres with a new build feel! Nestled in Blue Ridge with mature trees and beautiful land giving the perfect country life feel! Seller has installed new roof, fresh neutral paint throughout, new light fixtures, new SS Appliances, new hardware and so much more. You can take in the sunsets and sunrises on covered porch or new deck, endless possibilities for additional buildings or pool. Inside is open concept living to dining, split primary bedroom with update ensuite, good size secondary rooms, eat in kitchen, and island with breakfast bar.
Unit Size
1,536 Ft²
Days on Market
-
Land Size
2.90 acres
Price per sqft
$176
Property Type
Mobile Manufactured
Property Taxes
$130
HOA Dues
-
Year Built
1999

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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: 3 years ago (NTREIS #20568571)

Price History

Date / Event Date Event Price
May 13, 2024 Sold
Premium
Sold
Mar 22, 2024 Listed by The Agency Collective LLC $269,900
Listed by The Agency Collective LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2000
  • Building Count: 2
  • 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: 3
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 139
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,680
  • Gross Building Area: 1,980
  • Building Area: 1,980
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARTIN MOORE SURVEY
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • State Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: ABS A0647 MARTIN MOORE SURVEY, TRACT 24 IMP ONLY, SN1: HOTX10A02878A, SN2: HOTX10A02878B, HUD1: NTA0754615, HUD2: NTA0754616

Neighborhood

  • School District Name: Blue Ridge Independent School District
  • School Tax School District: BLUE RIDGE ISD
  • Census Tract: 030102

Geography

  • Assessors Map Reference: 32-F
  • Subdivision Tract Number: 24
  • Parcel: R-6647-000-024A-1
  • Lot: 24
  • Municipality: COLLIN
  • Latitude: 33.3374
  • Longitude: -96.3921

    Address

  • Full Address: 11338 County Road 580
  • Address - House Number: 11338
  • Address - Street Name: County Road 580
  • State: TX
  • City Name: Blue Ridge
  • Carrier Code: R001
  • 4-Digit Zip Code: 2701
  • Zip Code: 75424

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $155,434
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: SBL

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 216,175
  • High Value: 258,431
  • Low Value: 173,919

    Market Valuation

  • Market Total Value: $104,454
  • Market Improvement Value: $104,454

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $104,454
  • Assessed Improvements Value: $104,454
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 Collin

Stats & Trends

Median Asking:

$475,989

Sale Price/ft²

$203

Above Asking

0.03%

Average Days on Market

72

Average Home Size

2728 ft²

Average Home Age

14.3 years

Currently For Sale

6314 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: Lindsay Haroon, The Agency Collective LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20568571
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 11338 County Rd 580 built and last sold?
The property at 11338 County Rd 580 was built in 1999 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 11338 County Rd 580 is $0.
What are some comparable homes to 11338 County Rd 580?
There are currently no comparable homes to 11338 County Rd 580.
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