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Henderson 75143
11934 River Ranch Road
$305,000
● Mobile Manufactured - Off Market

11934 River Ranch Road

Kemp, TX 75143
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,608 Ft²
$314,141
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Well maintained 3 bedroom 2 bath doublewide on over 10 acres on a quiet rural road in Kemp.  Enter through a private gated driveway to the main house and park under a 2-car carport with storage area.  Property has two ponds, a large shop, and stable building for the livestock.  There is a singlewide mobile with a permanent living room extension that can be used for guest quarters or a rental.  This building does need some TLC to make it ready.  Also on the property is a separate storage building shell that could potentially be built out and used for another tiny home type of residence or simply storage.  This property is a must-see. Update - Kitchen has now been painted gray and wheelchair ramp has been removed.
Unit Size
2,608 Ft²
Days on Market
-
Land Size
10.57 acres
Price per sqft
$121
Property Type
Mobile Manufactured
Property Taxes
$145
HOA Dues
-
Year Built
2007

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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 #20257044)

Price History

Date / Event Date Event Price
Jul 6, 2023 Sold
Premium
Sold
Feb 13, 2023 Listed by Rescue Real Estate $315,000
Listed by Rescue Real Estate

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 3
  • 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
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 476,982
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 48
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: RIVER RANCH SUBD (42)
  • Land Acres: 0000010950
  • Standard Land Use Code: 2000
  • County Land Use Code: A2
  • Legal Description 1: TRS 2 & 3 AB 771 R B THOMAS SUR, RIVER RANCH TRS 2 & 3

Neighborhood

  • School District Name: Kemp Independent School District
  • School Tax School District: KEMP ISD
  • Census Tract: 950700

Geography

  • Assessors Map Reference: 3X
  • Account Number: R000070718
  • Subdivision Tract Number: 2,3
  • Parcel: 3955-0000-0020-85
  • Lot: 2
  • Municipality: KEMP
  • Latitude: 32.3198
  • Longitude: -96.3022

    Address

  • Full Address: 11934 River Ranch Rd
  • Address - House Number: 11934
  • Address - Street Name: River Ranch
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Kemp
  • Carrier Code: R002
  • 4-Digit Zip Code: 6652
  • Zip Code: 75143

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $23,481
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: HC,HE,HR,K

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 76
  • Final Value: 317,604
  • High Value: 375,778
  • Low Value: 259,429

    Market Valuation

  • Market Total Value: $114,458
  • Market Land Value: $32,850
  • Market Improvement Value: $81,608

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,458
  • Assessed Land Value: $32,850
  • Assessed Improvements Value: $81,608

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 05, 2023
  • Current Sale Recording Date: Jul 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 9904
  • Previous Sale Recording Date: Jan 01, 1988
  • Previous Sale Contract Date: Jan 01, 1988
  • Previous Sale Document Type: 27
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 Henderson

Stats & Trends

Median Asking:

$320,000

Sale Price/ft²

$186

Below Asking

0.04%

Average Days on Market

96

Average Home Size

2090 ft²

Average Home Age

-

Currently For Sale

679 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: Todd Cianciulli, Rescue Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20257044
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 11934 River Ranch Road built and last sold?
The property at 11934 River Ranch Road was built in 2007 and last sold on Jul 5, 2023 for $385,367.
How much is this home worth?
The estimated value of the home located at 11934 River Ranch Road is $0.
What are some comparable homes to 11934 River Ranch Road?
There are currently no comparable homes to 11934 River Ranch Road.
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