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Wood 75410
126 County Road 1506
$590,000
● House - Off Market

126 County Road 1506

Alba, TX 75410
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,426 Ft²
$669,768
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

3-2.5-3 waterfront home on Lake Fork, appears well maintained & looks like new. Beautiful large lot, landscaped, concrete drive. Liv rm has wood burning fireplace, recessed ceiling & lights, open to large kitchen, beautiful cabinets, granite counter tops, built-ins. Master is extra roomy with recessed ceiling & lights, double vanities in bath, huge built-ins, separate tub & shower. huge walk-in closet. Patio with outdoor kitchen area. 1,722 sq ft insulated workshop wired for heavy equipment, has wood burning stove 2 pull up drs for easy access & covered parking or patio. 1102 sq ft attached garage, deep enough for your boat, subdivision is quick access to main roads to any part of the lake. Fridge, w&d stay.
Unit Size
2,426 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$243
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2009

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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 #14605753)

Price History

Date / Event Date Event Price
Sep 17, 2021 Sold
Premium
Sold
Jun 19, 2021 Listed by Century 21 Lake Country $590,000
Listed by Century 21 Lake Country
3-2.5-3 waterfront home on Lake Fork, appears well maintained & looks like new. Beautiful large lot, landscaped, concrete drive. Liv rm has wood burning fireplace, recessed ceiling & lights, open to large kitchen, beautiful cabinets, granite counter tops, built-ins. Master is extra roomy with recessed ceiling & lights, double vanities in bath, huge built-ins, separate tub & shower. huge walk-in closet. Patio with outdoor kitchen area. 1,722 sq ft insulated workshop wired for heavy equipment, has wood burning stove 2 pull up drs for easy access & covered parking or patio. 1102 sq ft attached garage, deep enough for your boat, subdivision is quick access to main roads to any part of the lake. Fridge, w&d stay.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,102
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,840
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,426
  • Gross Building Area: 6,737
  • Building Area: 2,426
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,426
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE FORK
  • Land Acres: 0000000708
  • Standard Land Use Code: 1015
  • County Land Use Code: A3
  • Legal Description 1: LOT 11 .708 HAVEN AT LAKE FORK

Neighborhood

  • School District Name: Alba-Golden Independent School District
  • Census Tract: 950402

Geography

  • Account Number: 1310-0000-0110-15
  • Parcel: 79428
  • Lot: 11
  • Municipality: ALBA
  • Latitude: 32.835
  • Longitude: -95.6335

    Address

  • Full Address: 126 County Road 1506
  • Address - House Number: 126
  • Address - Street Name: County Road 1506
  • State: TX
  • City Name: Alba
  • Carrier Code: R004
  • 4-Digit Zip Code: 2704
  • Zip Code: 75410

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $838,427
  • Tax Rate Code Area: GWD SAL WD

    Appraisal Valuation

  • Standard Deviation: 0.2613
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 62
  • Final Value: 559,378
  • High Value: 705,579
  • Low Value: 413,176

    Market Valuation

  • Market Total Value: $543,070
  • Market Land Value: $106,400
  • Market Improvement Value: $436,670

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $543,070
  • Assessed Land Value: $106,400
  • Assessed Improvements Value: $436,670

    Sales

  • Current Sale Contract Date: Dec 14, 2022
  • Current Sale Recording Date: Dec 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 13501
  • Previous Sale Recording Date: Sep 20, 2021
  • Previous Sale Contract Date: Sep 20, 2021
  • Previous Sale Amount: $590,000
  • 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 Wood

Stats & Trends

Median Asking:

$319,550

Sale Price/ft²

$183

Below Asking

0.03%

Average Days on Market

89

Average Home Size

2054 ft²

Average Home Age

-

Currently For Sale

282 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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NTREIS

Listed by: Victoria Moore, Century 21 Lake Country
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14605753
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 126 County Rd 1506 built and last sold?
The property at 126 County Rd 1506 was built in 2009 and last sold on Dec 14, 2022 for $399,000.
How much is this home worth?
The estimated value of the home located at 126 County Rd 1506 is $591,236.
What are some comparable homes to 126 County Rd 1506?
There are currently no comparable homes to 126 County Rd 1506.
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