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Young 76450
124 Timber View Drive
$395,000
● House - Off Market

124 Timber View Drive

Graham, TX 76450
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,403 Ft²
$440,453
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

STUNNING CUSTOM 4BED 2BATH HOME WITH POOL & CABANA in Timber Ridge just N of the Charming small town of Graham. Large Open Concept Floor Plan Living Areas with Fireplace, and Custom renovated features throughout. Kitchen has a Beautiful Granite Breakfast Bar. The Master Bedroom has large Walk in Closet & Bath, with Big Patio and Pool views, and the 2nd Living Area is perfect for the Game Room with Poker Table, Foosball, Air Hockey, Buck Hunter Arcade. Backyard is perfectly deigned for Family Fun and Entertaining with a Gorgeous Gunite Pool, and Dog Run, all set in the peaceful rusting setting of the Exclusive Timber Ridge Development. Shopping and Dining are minutes away in Graham and PK Lake nearby.
Unit Size
2,403 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$164
Property Type
House
Property Taxes
$448
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 #14659376)

Price History

Date / Event Date Event Price
Nov 22, 2021 Sold
Premium
Sold
Aug 27, 2021 Listed by Possum Kingdom Real Estate $395,000
Listed by Possum Kingdom Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1
  • Garage Square Area: 397
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,447
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,305
  • Gross Building Area: 2,305
  • Building Area: 2,305
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 2,305
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMBER RIDGE
  • Land Acres: 0000000676
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: TIMBER RIDGE - LOT B17

Neighborhood

  • School District Name: Graham Independent School District
  • Census Tract: 950401

Geography

  • Parcel: 39650
  • Lot: B17
  • Municipality: GRAHAM
  • Latitude: 33.138
  • Longitude: -98.5914

    Address

  • Full Address: 124 Timberview Dr
  • Address - House Number: 124
  • Address - Street Name: Timberview
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Graham
  • Carrier Code: R004
  • 4-Digit Zip Code: 1449
  • Zip Code: 76450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $674,367
  • Tax Rate Code Area: GH GISD NC

    Appraisal Valuation

  • Standard Deviation: 0.2417
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 455,531
  • High Value: 565,656
  • Low Value: 345,406

    Market Valuation

  • Market Total Value: $350,330
  • Market Land Value: $27,040
  • Market Improvement Value: $323,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $350,330
  • Assessed Land Value: $27,040
  • Assessed Improvements Value: $323,290

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 21003929
  • Previous Sale Recording Date: Apr 01, 2013
  • Previous Sale Contract Date: Mar 27, 2013
  • Previous Sale Amount: $252,000
  • 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 Young

Stats & Trends

Median Asking:

$220,000

Sale Price/ft²

$146

Below Asking

0.04%

Average Days on Market

80

Average Home Size

2036 ft²

Average Home Age

50.3 years

Currently For Sale

75 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: Maggie Burgess, Possum Kingdom Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14659376
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 124 Timber Ridge Road built and last sold?
The property at 124 Timber Ridge Road was built in 2008 and last sold on Nov 19, 2021 for $395,000.
How much is this home worth?
The estimated value of the home located at 124 Timber Ridge Road is $399,374.
What are some comparable homes to 124 Timber Ridge Road?
There are currently no comparable homes to 124 Timber Ridge Road.
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