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Reno 76082
1200 Tower Street
$837,500
● House - Off Market

1200 Tower Street

Reno, TX 76082
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,291 Ft²
$855,610
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Great horse property located just 15 minutes from Fort Worth. This 4 bedroom 3 bath open concept 2018 home sits on just over 10 acres. Large kitchen and dinning room with LOTS of cabinet space all complete with granite countertops.  4 stall horse barn, 3- 2 sided run in sheds with pens, and 260' calf lane. Fun fact: the green barn door in living room is a stall front from the state fair of Texas from the 50's. 30 and 50 amp RV plugs and lots of trees!
Unit Size
2,291 Ft²
Days on Market
-
Land Size
10.46 acres
Price per sqft
$371
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

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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 #20024646)

Price History

Date / Event Date Event Price
May 23, 2022 Sold
Premium
Sold
Apr 5, 2022 Listed by The Platinum Group Real Estate $849,000
Listed by The Platinum Group Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • 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: 412,208
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: COTTONWOOD BRANCH RANCHETTES
  • Land Acres: 0000009463
  • Standard Land Use Code: 8008
  • County Land Use Code: D5
  • State Land Use Code: D5
  • Legal Description 1: ACRES: 9.463 LOT: 8 BLK: 1 SUBD: COTTONWOOD BRANCH RANCHETTES

Neighborhood

  • School District Name: Springtown Independent School District
  • School Tax School District: JR COLLEGE DIST
  • Census Tract: 140412

Geography

  • Assessors Map Reference: M-7
  • Parcel: R000115480
  • Block: 1
  • Lot: 8
  • Latitude: 32.9361
  • Longitude: -97.6094

    Address

  • Full Address: 1200 Tower St
  • Address - House Number: 1200
  • Address - Street Name: Tower
  • Address - Suffix Type: St
  • State: TX
  • City Name: Springtown
  • Carrier Code: R006
  • 4-Digit Zip Code: 6961
  • Zip Code: 76082

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,763
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: LTR SP

    Market Valuation

  • Market Total Value: $236,580
  • Market Land Value: $236,580

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $830
  • Assessed Land Value: $830
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 Reno

Stats & Trends

Median Asking:

$442,500

Sale Price/ft²

$220

Below Asking

0.04%

Average Days on Market

89

Average Home Size

2522 ft²

Average Home Age

16.5 years

Currently For Sale

18 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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NTREIS

Listed by: Jacob Link, The Platinum Group Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20024646
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1200 Tower Street built and last sold?
The property at 1200 Tower Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1200 Tower Street is $857,490.
What are some comparable homes to 1200 Tower Street?
There are currently no comparable homes to 1200 Tower Street.
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