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Collin 75424
11970 County Road 670
$307,500
● Mobile Manufactured - Off Market

11970 County Road 670

Blue Ridge, TX 75424
bedrooms
5 Beds
bathrooms
0 Bath
square feet
2,340 Ft²
$294,728
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Beautiful 5 acre property in Blue Ridge with a 2018 Double Wide Mobile Home.  Mobile home is in excellent condition with a very nice, newer shed towards the back of property.  All appliances included with sale.  It has a separate septic system and electrical is run for possibly multiple spot RV parking or another mobile home.
Unit Size
2,340 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$120
Property Type
Mobile Manufactured
Property Taxes
$457
HOA Dues
-
Year Built
2018

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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 #14752866)

Price History

Date / Event Date Event Price
Feb 28, 2022 Sold
Premium
Sold
Feb 6, 2022 Listed by Real Estate Reformation $279,900
Listed by Real Estate Reformation

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • 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
  • Garage Square Area: 200
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 2,340
  • Gross Building Area: 2,340
  • Building Area: 2,340
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,340
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY PLACE
  • Land Acres: 0000005000
  • Standard Land Use Code: 1006
  • County Land Use Code: E2
  • State Land Use Code: E2
  • Mobile Home Indicator: T
  • Legal Description 1: COUNTRY PLACE, LOT 11; SN1: OC051820295A, SN2: OC051820295B, HUD1: NTA1797905, HUD2: NTA1797906

Neighborhood

  • School District Name: Blue Ridge Independent School District
  • School Tax School District: BLUE RIDGE ISD
  • Census Tract: 030102

Geography

  • Assessors Map Reference: 32-H
  • Parcel: R-8292-000-0110-1
  • Lot: 11
  • Municipality: COLLIN
  • Latitude: 33.3298
  • Longitude: -96.3358

    Address

  • Full Address: 11970 County Road 670
  • Address - House Number: 11970
  • Address - Street Name: County Road 670
  • State: TX
  • City Name: Blue Ridge
  • Carrier Code: R001
  • 4-Digit Zip Code: 3347
  • Zip Code: 75424

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $468,740
  • Tax Rate Code Area: SBL

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 281,891
  • High Value: 330,467
  • Low Value: 233,314

    Market Valuation

  • Market Total Value: $315,000
  • Market Land Value: $225,000
  • Market Improvement Value: $90,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $315,000
  • Assessed Land Value: $225,000
  • Assessed Improvements Value: $90,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 27, 2022
  • Current Sale Recording Date: Feb 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 186120
  • Previous Sale Recording Date: Sep 20, 2013
  • Previous Sale Contract Date: Dec 07, 2012
  • Previous Sale Document Type: 68
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 Collin

Stats & Trends

Median Asking:

$476,985

Sale Price/ft²

$202

Above Asking

0.03%

Average Days on Market

72

Average Home Size

2717 ft²

Average Home Age

14 years

Currently For Sale

6299 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: Meetrah Amini, Real Estate Reformation
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14752866
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 11970 County Rd 670 built and last sold?
The property at 11970 County Rd 670 was built in 2018 and last sold on Jan 27, 2022 for $263,800.
How much is this home worth?
The estimated value of the home located at 11970 County Rd 670 is $0.
What are some comparable homes to 11970 County Rd 670?
There are currently no comparable homes to 11970 County Rd 670.
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