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Kaufman 75161
11605 County Road 2312
$275,000
● Land - Off Market

11605 County Road 2312

Terrell, TX 75160
bedrooms
Studio
bathrooms
0 Bath
$1,808
Est. Monthly

About This Property

10.6+- wooded acres located on the corner of a county road and state hwy 34. Possible residential in the back and commercial in the front. Large stocked pond approx 15 feet deep and tons of wildlife. Property was previously a wildlife refuge and multiple cages on property. There is also a metal workshop, an unfinished tiny home, and a three bedroom two bath home on the property sold as is. Property will need major clean up. Property is in Hunt and Kaufman county. All information is approximate, buyer and buyers agent to verify all information. Buyer to provide survey.
Unit Size
-
Days on Market
-
Land Size
10.60 acres
Price per sqft
-
Property Type
Land
Property Taxes
$337
HOA Dues
-
Year Built
1989

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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 #20484507)

Price History

Date / Event Date Event Price
Jan 5, 2024 Sold
Premium
Sold
Nov 27, 2023 Listed by Exit Realty Pinnacle Group $299,500
Listed by Exit Realty Pinnacle Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 307,621
  • Total Building Area: 2,240
  • Gross Building Area: 2,860
  • Building Area: 2,240
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,240
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOS S IRVINE
  • Land Acres: 0000007062
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: J S IRVINE

Neighborhood

  • School District Name: Quinlan Independent School District
  • Census Tract: 050601

Geography

  • Assessors Map Reference: 13-R
  • Parcel: 8375
  • Municipality: QUINLAN
  • Latitude: 32.8395
  • Longitude: -96.1714

    Address

  • Full Address: 11605 County Road 2312
  • Address - House Number: 11605
  • Address - Street Name: County Road 2312
  • State: TX
  • City Name: Terrell
  • Carrier Code: R005
  • 4-Digit Zip Code: 8955
  • Zip Code: 75160

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $276,311
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: SQ

    Appraisal Valuation

  • Standard Deviation: 0.2022
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 72
  • Final Value: 373,290
  • High Value: 448,770
  • Low Value: 297,810

    Market Valuation

  • Market Total Value: $418,564
  • Market Land Value: $190,016
  • Market Improvement Value: $228,548

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $280,986

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 30, 2016
  • Current Sale Recording Date: Apr 05, 2016
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2016-0006361
  • Previous Sale Recording Date: Feb 05, 2015
  • Previous Sale Contract Date: Dec 09, 2014
  • Previous Sale Amount: $125,000
  • 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 Kaufman

Stats & Trends

Median Asking:

$305,594

Sale Price/ft²

$159

Above Asking

0.03%

Average Days on Market

80

Average Home Size

2227 ft²

Average Home Age

13.5 years

Currently For Sale

1547 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 19761 N State Highway 34, Terrell, TX, 75161

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,720 ft²
19761 N State Highway 34, Terrell, TX, 75161 Listing by Jessica Weable

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Kathy Hobbs, Exit Realty Pinnacle Group
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20484507
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 11605 County Rd 2312 built and last sold?
The property at 11605 County Rd 2312 was built in 1989 and last sold on Mar 30, 2016 for $0.
How much is this home worth?
The estimated value of the home located at 11605 County Rd 2312 is $0.
What are some comparable homes to 11605 County Rd 2312?
There are currently no comparable homes to 11605 County Rd 2312.
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