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Bosque 76671
121 County Road 1275
$222,000
● House - Off Market

121 County Road 1275

Morgan, TX 76671
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,982 Ft²
$226,548
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Professionally renovated home near the lake. Spacious 3 bedroom, 2 full bath home featuring a large family room with wood burning fireplace and build in cabinets. Attached garage has been converted into the third bedroom that could be used as a second living area, third bedroom or bunk room when you host a large group. Brand new kitchen appliances. This home has new floors and fresh paint. Detached 2 car garage for parking or storage. Short walk to the lake. Quiet neighborhood.
Unit Size
1,982 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$111
Property Type
House
Property Taxes
$184
HOA Dues
-
Year Built
1968

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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 #14747799)

Price History

Date / Event Date Event Price
Mar 4, 2022 Sold
Premium
Sold
Jan 26, 2022 Listed by Elevate Realty Group $220,000
Listed by Elevate Realty Group

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • 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: 7
  • Garage Square Area: 480
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 1,230
  • Total Building Area: 1,963
  • Gross Building Area: 1,963
  • Building Area: 1,963
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,963
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUSANNAH MCKILVY SURVEY A 513
  • Land Acres: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LAKESIDE VLG LOT UNPLAT PT ADJ TO S/SIDE OF LTS 79-82 (AKA TRA T IV

Neighborhood

  • School District Name: Kopperl Independent School District
  • School Tax School District: WMTG
  • Census Tract: 950300

Geography

  • Parcel: R17216
  • Lot: 79-82
  • Municipality: MORGAN
  • Latitude: 32.0212
  • Longitude: -97.4966

    Address

  • Full Address: 121 County Road 1275
  • Address - House Number: 121
  • Address - Street Name: County Road 1275
  • State: TX
  • City Name: Morgan
  • Carrier Code: R001
  • 4-Digit Zip Code: 3030
  • Zip Code: 76671

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $291,896
  • Tax Rate Code Area: G01 S07 H0

    Appraisal Valuation

  • Standard Deviation: 0.4699
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 6
  • Final Value: 210,568
  • High Value: 309,519
  • Low Value: 111,616

    Market Valuation

  • Market Total Value: $243,783
  • Market Land Value: $36,677
  • Market Improvement Value: $207,106

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $243,783
  • Assessed Land Value: $36,677
  • Assessed Improvements Value: $207,106

    Sales

  • Current Sale Contract Date: Mar 03, 2022
  • Current Sale Recording Date: Mar 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 873
  • Previous Sale Recording Date: Nov 09, 2021
  • Previous Sale Amount: $202,160
  • 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 Bosque

Stats & Trends

Median Asking:

$262,500

Sale Price/ft²

$169

Below Asking

0.05%

Average Days on Market

108

Average Home Size

2010 ft²

Average Home Age

43.5 years

Currently For Sale

117 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

Unit for rent at 104 County Road 1296, Morgan, TX, 76671

$1,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,419 ft²
104 County Road 1296, Morgan, TX, 76671 Listing by Happiness Edwards

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Lori Sipowicz, Elevate Realty Group
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14747799
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 121 County Rd 1275 built and last sold?
The property at 121 County Rd 1275 was built in 1968 and last sold on Mar 3, 2022 for $220,158.
How much is this home worth?
The estimated value of the home located at 121 County Rd 1275 is $0.
What are some comparable homes to 121 County Rd 1275?
There are currently no comparable homes to 121 County Rd 1275.
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