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Erath 76401
1228 County Road 475
$200,000
● House - Off Market

1228 County Road 475

Stephenville, TX 76401
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,064 Ft²
$254,356
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Peaceful 3 acre property! Bring your horses and charm to this lovely singlewide mobile home. Featuring 3 bedrooms, 2 bathrooms, 1,064 sqft, 3.03 acres, 2 car covered carport and includes 2 storage units, well water, and horse stall! Quiet area, breathtaking views, and country living at it's finest! Well is 460 feet deep, 12 gallons a minute, 4 inch castings, 1 horsepower pump that was replaced in 2016. New washer and dryer conveying with house from shed and all non-realty items can be negotiable.
Unit Size
1,064 Ft²
Days on Market
-
Land Size
3.03 acres
Price per sqft
$235
Property Type
House
Property Taxes
$91
HOA Dues
-
Year Built
1984

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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 #20255031)

Price History

Date / Event Date Event Price
Apr 27, 2023 Sold
Premium
Sold
Feb 9, 2023 Listed by eXp Realty, LLC $250,000
Listed by eXp Realty, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • 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: 3
  • Garage Square Area: 720
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 131,987
  • Total Building Area: 1,064
  • Gross Building Area: 1,064
  • Building Area: 1,064
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,064
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHADY OAKS ESTATES
  • Land Acres: 0000003030
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: S5690 SHADY OAKS ESTATES, LOT 14 MPHMAKE:PALM HARBOR HOMES MPHMODEL:PALM HARBOR MPHSIZE:14X76(TC) MPHYEAR:1984 MPHSERIAL:PH07

Neighborhood

  • School District Name: Stephenville Independent School District
  • School Tax School District: STEPHENVILLE SD
  • School Tax District Code 2: ROAD & BRIDGE
  • School Tax District Code 3: MIDDLE TRINITY
  • Census Tract: 950201

Geography

  • Account Number: R.5690.00075.00.0
  • Parcel: R000045116
  • Lot: 14
  • Municipality: STEPHENVILLE
  • Latitude: 32.274
  • Longitude: -98.1513

    Address

  • Full Address: 1228 County Road 475
  • Address - House Number: 1228
  • Address - Street Name: County Road 475
  • State: TX
  • City Name: Stephenville
  • Carrier Code: R006
  • 4-Digit Zip Code: 6731
  • Zip Code: 76401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $24,487
  • Tax Rate Code Area: 72 903 MTD

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 70
  • Final Value: 183,588
  • High Value: 223,352
  • Low Value: 143,824

    Market Valuation

  • Market Total Value: $125,160
  • Market Land Value: $100,900
  • Market Improvement Value: $24,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,160
  • Assessed Land Value: $100,900
  • Assessed Improvements Value: $24,260

    Exemptions

  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: Apr 27, 2023
  • Current Sale Recording Date: Apr 28, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2269
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 Erath

Stats & Trends

Median Asking:

$368,500

Sale Price/ft²

$208

Below Asking

0.03%

Average Days on Market

67

Average Home Size

2014 ft²

Average Home Age

8.7 years

Currently For Sale

255 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: Samantha Schaefer, eXp Realty, LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20255031
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1228 County Rd 475 built and last sold?
The property at 1228 County Rd 475 was built in 1984 and last sold on Apr 27, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 1228 County Rd 475 is $0.
What are some comparable homes to 1228 County Rd 475?
There are currently no comparable homes to 1228 County Rd 475.
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