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Briar 76023
1217 Horizon Trace Drive
$479,900
● House - Off Market

1217 Horizon Trace Drive

Azle, TX 76020
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,466 Ft²
$519,081
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

High Elevation, Grand View on this J Everett Custom Home. Sought After Lost Horizon Estates with NO HOA and Shops Allowed! High Ceilings with Open Concept gives this home an Exceptional Design. 4 Bedrooms, Split Bedrooms and 3 Full Baths. Large Kitchen and Dining Area, Open to Living. Granite, Stainless with Gas Cooktop! Fireplace with Gas Start. Perfect Home for a Growing Family! Home sits up High with Treed Yard, Beautiful Setting! Planned completion end of December!
Unit Size
2,466 Ft²
Days on Market
-
Land Size
1.26 acres
Price per sqft
$195
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2021

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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: 6 months ago (NTREIS #14631932)

Price History

Date / Event Date Event Price
Jan 14, 2022 Sold
Premium
Sold
Jul 22, 2021 Listed by Premier Legacy Real Estate LLC $479,900
Listed by Premier Legacy Real Estate LLC
High Elevation, Grand View on this J Everett Custom Home. Sought After Lost Horizon Estates with NO HOA and Shops Allowed! High Ceilings with Open Concept gives this home an Exceptional Design. 4 Bedrooms, Split Bedrooms and 3 Full Baths. Large Kitchen and Dining Area, Open to Living. Granite, Stainless with Gas Cooktop! Fireplace with Gas Start. Perfect Home for a Growing Family! Home sits up High with Treed Yard, Beautiful Setting! Planned completion end of December!

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 811
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,886
  • Total Building Area: 3,126
  • Gross Building Area: 3,126
  • Building Area: 2,315
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,315
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOST HORIZON ESTATES
  • Land Acres: 0000001260
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: ACRES: 1.260 LOT: 24 BLK: 3 SUBD: LOST HORIZON ESTATES PC E-486

Neighborhood

  • School Tax School District: JR COLLEGE DIST
  • Census Tract: 140413

Geography

  • Assessors Map Reference: M-4
  • Parcel: R000112331
  • Block: 3
  • Lot: 24
  • Municipality: GRANBURY
  • Latitude: 32.9881
  • Longitude: -97.5832

    Address

  • Full Address: 1217 Horizon Trace Dr
  • Address - House Number: 1217
  • Address - Street Name: Horizon Trace
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Azle
  • Carrier Code: R003
  • 4-Digit Zip Code: 6447
  • Zip Code: 76020

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $813,273
  • Tax Rate Code Area: LTR

    Appraisal Valuation

  • Standard Deviation: 0.2354
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 582,297
  • High Value: 719,383
  • Low Value: 445,212

    Market Valuation

  • Market Total Value: $563,510
  • Market Land Value: $85,000
  • Market Improvement Value: $478,510

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $563,510
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $478,510

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Jan 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1891
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 Briar

Stats & Trends

Median Asking:

$519,990

Sale Price/ft²

$224

Below Asking

0.03%

Average Days on Market

93

Average Home Size

2386 ft²

Average Home Age

14.4 years

Currently For Sale

56 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 1437 Forrest Trail, Azle, TX, 76020

$1,300 /mo

  • 2 Beds
  • 1 Bath
  • 656 ft²
1437 Forrest Trail, Azle, TX, 76020 Listing by Lane Cooper

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Kim Bigley, Premier Legacy Real Estate LLC
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14631932
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1217 Horizon Trace Drive built and last sold?
The property at 1217 Horizon Trace Drive was built in 2021 and last sold on Jan 14, 2022 for $569,900.
How much is this home worth?
The estimated value of the home located at 1217 Horizon Trace Drive is $487,387.
What are some comparable homes to 1217 Horizon Trace Drive?
There are currently no comparable homes to 1217 Horizon Trace Drive.
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