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Ellis 75152 Rockett Estates
119 Jeffrey Road
$297,000
● House - Off Market

119 Jeffrey Road

Palmer, TX 75152
bedrooms
4 Beds
bathrooms
0 Bath
square feet
1,523 Ft²
$289,881
RealtyHop Estimate
-1.74%
Since Aug 1, 2023
TX-Dallas
Primary Model

About This Property

Looking for an Adorable home with a HUGE yard? Just in time for summer! Cool off in your above ground pool. Bring your family. 4 bedrooms and 2 baths. 2 beds down and 2 up. Upstairs makes a great suite. Big covered patio is perfect for family BBQs.

All info deemed reliable but not guaranteed.
Unit Size
1,523 Ft²
Days on Market
-
Land Size
1.21 acres
Price per sqft
$194
Property Type
House
Property Taxes
$276
HOA Dues
-
Year Built
1985

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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 #20358144)

Price History

Date / Event Date Event Price
Jul 17, 2023 Sold
Premium
Sold
Jun 16, 2023 Listed by City Real Estate $295,000
Listed by City Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,708
  • Total Building Area: 1,296
  • Gross Building Area: 1,360
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROCKETT ESTS
  • Land Acres: 0000001210
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 5 ROCKETT ESTS 1.21 AC

Neighborhood

  • School District Name: Red Oak Independent School District
  • Census Tract: 060218

Geography

  • Assessors Map Reference: 1033-L
  • Parcel: 154216
  • Lot: 5
  • Municipality: PALMER
  • Latitude: 32.4775
  • Longitude: -96.7601

    Address

  • Full Address: 119 Jeffrey Rd
  • Address - House Number: 119
  • Address - Street Name: Jeffrey
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Palmer
  • Carrier Code: R001
  • 4-Digit Zip Code: 9570
  • Zip Code: 75152

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $277,898
  • Tax Rate Code Area: 505

    Appraisal Valuation

  • Standard Deviation: 0.2287
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 68
  • Final Value: 379,945
  • High Value: 466,874
  • Low Value: 293,017

    Market Valuation

  • Market Total Value: $314,222
  • Market Land Value: $125,000
  • Market Improvement Value: $189,222

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,900

    Sales

  • Current Sale Contract Date: Jul 14, 2023
  • Current Sale Recording Date: Jul 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20491
  • Previous Sale Recording Date: Feb 15, 2019
  • Previous Sale Contract Date: Feb 12, 2019
  • Previous Sale Amount: $177,600
  • 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 Rockett Estates

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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NTREIS

Listed by: Janie Hendrix, City Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20358144
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 119 Jeffrey Road built and last sold?
The property at 119 Jeffrey Road was built in 1985 and last sold on Jul 14, 2023 for $381,710.
How much is this home worth?
The estimated value of the home located at 119 Jeffrey Road is $297,950.
What are some comparable homes to 119 Jeffrey Road?
There are currently no comparable homes to 119 Jeffrey Road.
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