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Parker 76082
124 Kersh Lane
$306,000
● House - Off Market

124 Kersh Lane

Springtown, TX 76082
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,338 Ft²
$294,833
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

This beautiful 3 bedroom, 2 full bath home located in Springtown has everything you would want in country living. Sitting on 1 acre you will drive up and instantly feel at home. With only a 35 minute commute to Fort Worth this home allows you to be away from the hustle and bustle of big city living. Step inside and enjoy all the custom upgrades from stainless steel appliances in a gourmet galley style kitchen, to matching limestone that accents the kitchen bar and continues into the spacious living room on the fireplace. Be prepared to be spoiled with the covered porch that allows you to stargaze or enjoy a fire pit with friends and family. Let this home be your own little Texas oasis.
Unit Size
1,338 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$209
Property Type
House
Property Taxes
$298
HOA Dues
-
Year Built
2008

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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 #14749719)

Price History

Date / Event Date Event Price
Feb 17, 2022 Sold
Premium
Sold
Jan 29, 2022 Listed by Madison Park, REALTORS $280,000
Listed by Madison Park, REALTORS

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • 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: 400
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,996
  • Total Building Area: 1,738
  • Gross Building Area: 1,738
  • Building Area: 1,338
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,338
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTH TIMBERS ADDITION
  • Land Acres: 0000001010
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: ACRES: 1.010 LOT: 14 BLK: 1 SUBD: SOUTH TIMBERS ADDITION

Neighborhood

  • School District Name: Springtown Independent School District
  • School Tax School District: JR COLLEGE DIST
  • Census Tract: 140411

Geography

  • Assessors Map Reference: 22-G
  • Parcel: R000092968
  • Block: 1
  • Lot: 14
  • Municipality: SPRINGTOWN
  • Latitude: 32.9343
  • Longitude: -97.6944

    Address

  • Full Address: 124 Kersh Ln
  • Address - House Number: 124
  • Address - Street Name: Kersh
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Springtown
  • Carrier Code: R007
  • 4-Digit Zip Code: 6666
  • Zip Code: 76082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $583,663
  • Tax Rate Code Area: LTR SP

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 280,355
  • High Value: 331,251
  • Low Value: 229,459

    Market Valuation

  • Market Total Value: $378,690
  • Market Land Value: $85,000
  • Market Improvement Value: $293,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $378,690
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $293,690

    Exemptions

  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: Jan 02, 2018
  • Current Sale Recording Date: Jan 05, 2018
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201800313
  • Previous Sale Recording Date: Nov 30, 2016
  • Previous Sale Contract Date: Nov 29, 2016
  • Previous Sale Amount: $185,600
  • Previous Sale Document Type: 70
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 Parker

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$216

Below Asking

0.03%

Average Days on Market

77

Average Home Size

2501 ft²

Average Home Age

-

Currently For Sale

1180 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 548 Bronze Circle W, Springtown, TX, 76082

$2,400 /mo

  • 4 Beds
  • 2 Baths
  • 1,836 ft²
548 Bronze Circle W, Springtown, TX, 76082 Listing by Cedric Williams

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Jose Robles, Madison Park, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14749719
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 124 Kersh Lane built and last sold?
The property at 124 Kersh Lane was built in 2008 and last sold on Jan 2, 2018 for $0.
How much is this home worth?
The estimated value of the home located at 124 Kersh Lane is $0.
What are some comparable homes to 124 Kersh Lane?
There are currently no comparable homes to 124 Kersh Lane.
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