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Ellis 75125 Tanners Farm
120 Dandy Mill Road
$114,000
● Mobile Manufactured - Off Market

120 Dandy Mill Road

Ferris, TX 75125
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,716 Ft²
$171,852
RealtyHop Estimate
49.44%
Since Mar 1, 2020
TX-Dallas
Primary Model

About This Property

Located in Tanner's Farm, this double- wide has 3 bedroom, 2 bath, 2 living areas, office, and two dining areas.  It sits on a 0.58 acre lot.  There are several shade trees and a huge pecan tree! Comes with refrigerator, washer and dryer.  New carpet installed October 25, 2019.  Property is being sold as is and is priced accordingly.  Seller has survey from August 2019.

Sellers are licensed real estate broker and agent. Disclaimer: All information provided is deemed reliable, but is not guaranteed and should be independently verified by Agent and Prospective Buyers.
Unit Size
1,716 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$67
Property Type
Mobile Manufactured
Property Taxes
$36
HOA Dues
-
Year Built
1995

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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 #14190308)

Price History

Date / Event Date Event Price
Feb 5, 2020 Sold
Premium
Sold
Sep 23, 2019 Listed by Kelly Harris Company,LLC $115,000
Listed by Kelly Harris Company,LLC

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 2
  • 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: 400
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,265
  • Total Building Area: 1,716
  • Gross Building Area: 1,716
  • Building Area: 1,716
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,716
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TANNERS FARM SEC III
  • Land Acres: 0000000580
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Mobile Home Indicator: T
  • Legal Description 1: LOT 18 BLK 5 TANNERS FARM SEC III .58 AC

Neighborhood

  • School District Name: Ferris Independent School District
  • Census Tract: 060103

Geography

  • Assessors Map Reference: 985-J
  • Parcel: 277927
  • Block: 5
  • Lot: 18
  • Municipality: FERRIS
  • Latitude: 32.5282
  • Longitude: -96.6987

    Address

  • Full Address: 120 Dandy Mill Rd
  • Address - House Number: 120
  • Address - Street Name: Dandy Mill
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Ferris
  • Carrier Code: R002
  • 4-Digit Zip Code: 9258
  • Zip Code: 75125

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $188,335
  • Tax Rate Code Area: 506

    Appraisal Valuation

  • Standard Deviation: 0.2592
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 63
  • Final Value: 244,953
  • High Value: 308,461
  • Low Value: 181,445

    Market Valuation

  • Market Total Value: $182,742
  • Market Land Value: $70,000
  • Market Improvement Value: $112,742

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $182,742
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $112,742

    Sales

  • Current Sale Contract Date: Feb 03, 2020
  • Current Sale Recording Date: Feb 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2004261
  • Previous Sale Recording Date: Sep 08, 2011
  • Previous Sale Contract Date: Sep 06, 2011
  • 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 Tanners Farm

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$235

Above Asking

0.00%

Average Days on Market

11

Average Home Size

1064 ft²

Average Home Age

44 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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Currently no similar homes around

Nearby Rentals

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NTREIS

Listed by: Sharon Harris, Kelly Harris Company,LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14190308
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 120 Dandy Mill Road built and last sold?
The property at 120 Dandy Mill Road was built in 1995 and last sold on Feb 3, 2020 for $113,400.
How much is this home worth?
The estimated value of the home located at 120 Dandy Mill Road is $0.
What are some comparable homes to 120 Dandy Mill Road?
There are currently no comparable homes to 120 Dandy Mill Road.
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