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Johnson 76028 Hilldale Acres
117 Oak Lane
$279,000
● House - Off Market

117 Oak Lane

Burleson, TX 76028
bedrooms
4 Beds
bathrooms
0 Bath
square feet
1,467 Ft²
$385,262
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

DON'T MISS AN OPPORTUNITY TO OWN this rare find! Single owner property has been in the family since it was built. This 4 bedroom, 2 bath offers over 1400 square feet to generously move about. The highlight is the backyard escape!! The pool is enough to enjoy for these hot summer months. Sitting on almost an acre of land, the OVERSIZED garage can be used to park 4 cars or as a shop! Not to mention there is also an attached 2 car garage and 2 car carport! Easy access to freeway! Jump on this gem with a good country feel! What are you waiting for? Schedule your showing today!
Unit Size
1,467 Ft²
Days on Market
-
Land Size
0.89 acres
Price per sqft
$194
Property Type
House
Property Taxes
$298
HOA Dues
-
Year Built
1972

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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 #14404882)

Price History

Date / Event Date Event Price
Sep 2, 2020 Sold
Premium
Sold
Aug 4, 2020 Listed by Ebby Halliday, REALTORS $285,000
Listed by Ebby Halliday, REALTORS

Property Highlights

Air Conditioning
Fireplace
Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 38,768
  • Total Building Area: 1,467
  • Building Area: 1,467
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,467
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLDALE ACRES
  • Land Acres: 0000000890
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: ABST 658 BLK 1 LOT 9 HILLDALE ACRES

Neighborhood

  • School District Name: Burleson Independent School District
  • School Tax School District: BURLESON ISD
  • Census Tract: 130220

Geography

  • Assessors Map Reference: 126.0658.01075
  • Account Number: R000016400
  • Parcel: 126-0658-01075
  • Block: 1
  • Lot: 9
  • Municipality: BURLESON
  • Latitude: 32.5047
  • Longitude: -97.2886

    Address

  • Full Address: 117 Oak Ln
  • Address - House Number: 117
  • Address - Street Name: Oak
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Burleson
  • Carrier Code: R016
  • 4-Digit Zip Code: 6145
  • Zip Code: 76028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $553,510
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.2157
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 387,772
  • High Value: 471,435
  • Low Value: 304,109

    Market Valuation

  • Market Total Value: $336,041
  • Market Land Value: $63,190
  • Market Improvement Value: $272,851

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $336,041
  • Assessed Land Value: $63,190
  • Assessed Improvements Value: $272,851

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 02, 2020
  • Current Sale Recording Date: Sep 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020-27455
  • Previous Sale Recording Date: Sep 03, 2020
  • Previous Sale Contract Date: Sep 02, 2020
  • Previous Sale Amount: $358,082
  • Previous Sale Document Type: 71
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 Hilldale Acres

Stats & Trends

Median Asking:

$444,950

Sale Price/ft²

$215

Below Asking

0.07%

Average Days on Market

85

Average Home Size

2383 ft²

Average Home Age

51 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 1121 Hidden Lake Drive, Burleson, TX, 76028

$2,425 /mo

  • 3 Beds
  • 2 Baths
  • 2,044 ft²
1121 Hidden Lake Drive, Burleson, TX, 76028 Listing by Chelsea Holguin

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Cassandra Jones, Ebby Halliday, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14404882
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 117 Oak Lane built and last sold?
The property at 117 Oak Lane was built in 1972 and last sold on Sep 2, 2020 for $336,500.
How much is this home worth?
The estimated value of the home located at 117 Oak Lane is $287,850.
What are some comparable homes to 117 Oak Lane?
There are currently no comparable homes to 117 Oak Lane.
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