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Sam Rayburn 75931
119 Sweet Gum Loop
$176,800 Last Listed Price
● House - Off Market

119 Sweet Gum Loop

Brookeland, TX 75931
bedrooms
Studio
bathrooms
1 Bath, 1 Half Bath
square feet
1,795 Ft²
$198,980
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Welcome to the lake!! This is the perfect neighborhood to settle into! This property is clean and ready for its new owners to move in!
Unit Size
1,795 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$99
Property Type
House
Property Taxes
$145
HOA Dues
$17
Year Built
1975

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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: 4 months ago (HAR #18906398)

Price History

Date / Event Date Event Price
Oct 7, 2021 Sold
Premium
Sold
Aug 12, 2021 Listed by Exit Realty Property Pros $176,800
Listed by Exit Realty Property Pros
Welcome to the lake!! This is the perfect neighborhood to settle into! This property is clean and ready for its new owners to move in!

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 0
  • 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
  • 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: 8,712
  • Total Building Area: 1,795
  • Building Area: 1,795
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,795
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST HILLS
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LOT 119 FOREST HILLS 1247/1000 .2 ACRES

Neighborhood

  • School District Name: Jasper Independent School District
  • Census Tract: 950101

Geography

  • Account Number: 26977
  • Parcel: 005800015800
  • Lot: 119
  • Municipality: BROOKELAND
  • Latitude: 31.0635
  • Longitude: -94.0438

    Address

  • Full Address: 119 Sweet Gum Loop
  • Address - House Number: 119
  • Address - Street Name: Sweet Gum
  • Address - Suffix Type: Loop
  • State: TX
  • City Name: Brookeland
  • Carrier Code: R001
  • 4-Digit Zip Code: 6269
  • Zip Code: 75931

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $297,384
  • Tax Rate Code Area: 1J 3J 4H 5

    Appraisal Valuation

  • Standard Deviation: 0.3127
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 37
  • Final Value: 138,984
  • High Value: 182,447
  • Low Value: 95,520

    Market Valuation

  • Market Total Value: $184,930
  • Market Land Value: $19,000
  • Market Improvement Value: $165,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $184,930
  • Assessed Land Value: $19,000
  • Assessed Improvements Value: $165,930

    Sales

  • Current Sale Contract Date: Oct 07, 2021
  • Current Sale Recording Date: Oct 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 303860
  • Previous Sale Recording Date: Jun 07, 2021
  • Previous Sale Contract Date: Apr 02, 2021
  • Previous Sale Document Type: 68

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Type:
    Premium
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 Sam Rayburn

Stats & Trends

Median Asking:

$309,000

Sale Price/ft²

$211

Below Asking

0.05%

Average Days on Market

100

Average Home Size

2173 ft²

Average Home Age

20.9 years

Currently For Sale

16 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

Rentals Near You

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HAR

Listed by: Jacey-Kay Carter, Exit Realty Property Pros
Last Updated: 4 months ago
Data Source: HAR , MLS# 18906398
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently Asked Questions

When was property at 119 Sweetgum Loop built and last sold?
The property at 119 Sweetgum Loop was built in 1975 and last sold on Oct 7, 2021 for $187,900.
How much is this home worth?
The estimated value of the home located at 119 Sweetgum Loop is $179,888.
What are some comparable homes to 119 Sweetgum Loop?
There are currently no comparable homes to 119 Sweetgum Loop.
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