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Henderson 75758
124 Indianola Road
$144,000
● House - Off Market

124 Indianola Road

Chandler, TX 75758
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,048 Ft²
$158,072
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Gorgeous View with extra lot on Lake Palestine! This one won't last long! A-Frame Lake Cabin with detached 2 car garage, outbuilding holds laundry and storage room. Large deck on back of house with extra-large lot and beautiful mature trees shade the property! Quiet neighborhood with community pool, boat ramp, and clubhouse. All appliances will convey! Come make this your weekend getaway and relax on the lake!
Unit Size
1,048 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$142
Property Type
House
Property Taxes
$166
HOA Dues
$7
Year Built
1974

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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 #20189347)

Price History

Date / Event Date Event Price
Dec 23, 2022 Sold
Premium
Sold
Oct 19, 2022 Listed by Merritt Real Estate $149,000
Listed by Merritt Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,602
  • Lot Size Depth Feet: 10
  • Lot Size Frontage Feet: 10
  • Total Building Area: 1,048
  • Gross Building Area: 1,048
  • Building Area: 1,048
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,048
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILDEWOOD (468)
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LT 13 AB 36 ANDERSON SUR, WILDEWOOD, BLK 3 LT 13

Neighborhood

  • School District Name: Brownsboro Independent School District
  • School Tax School District: BROWNSBORO ISD
  • Census Tract: 950102

Geography

  • Assessors Map Reference: 44
  • Account Number: R000082790
  • Parcel: 4570-0003-0130-10
  • Block: 3
  • Lot: 13
  • Municipality: CHANDLER
  • Latitude: 32.2257
  • Longitude: -95.4973

    Address

  • Full Address: 124 Indianola Rd
  • Address - House Number: 124
  • Address - Street Name: Indianola
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Chandler
  • Carrier Code: R003
  • 4-Digit Zip Code: 5404
  • Zip Code: 75758

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $190,884
  • Tax Rate Code Area: BR,ES6,HC,

    Appraisal Valuation

  • Standard Deviation: 0.4536
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 9
  • Final Value: 72,871
  • High Value: 105,930
  • Low Value: 39,811

    Market Valuation

  • Market Total Value: $116,402
  • Market Land Value: $4,000
  • Market Improvement Value: $112,402

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $116,402
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $112,402

    Sales

  • Current Sale Contract Date: Dec 20, 2022
  • Current Sale Recording Date: Dec 29, 2022
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 23038
  • Previous Sale Recording Date: Dec 29, 2022
  • Previous Sale Contract Date: Dec 06, 2022
  • 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 Henderson

Stats & Trends

Median Asking:

$324,000

Sale Price/ft²

$186

Below Asking

0.04%

Average Days on Market

96

Average Home Size

2092 ft²

Average Home Age

-

Currently For Sale

672 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 542 Wildewood Drive, Chandler, TX, 75758

$2,795 /mo

  • 3 Beds
  • 2 Baths
  • 2,100 ft²
542 Wildewood Drive, Chandler, TX, 75758 Listing by Renee McCurdy

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Herman Merritt, Merritt Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20189347
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 124 Indianola Road built and last sold?
The property at 124 Indianola Road was built in 1974 and last sold on Dec 20, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 124 Indianola Road is $0.
What are some comparable homes to 124 Indianola Road?
There are currently no comparable homes to 124 Indianola Road.
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