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Van Zandt 75169
1281 Vz County Road 3415
$195,000
● Land - Off Market

1281 Vz County Road 3415

Wills Point, TX 75169
bedrooms
Studio
bathrooms
0 Bath
$958
Est. Monthly

About This Property

Utilities are here on this gorgeous 5 acres of ag exempt green pasture, barn with electric and water, man cave and pond just outside city limits, yet near all the amenities and Hwy 80! Bring your camper RV and enjoy camping at the land while you build. 40x40 Barn w LED lights is set up with water and electric and includes a 12x20 man cave with heater and window unit for extra fun and relaxation. Much of the land is surrounded in black pipe fence, and all of the land is completely fenced, plus there is a fenced off area for corrals in the back.  Pond near the back can be stocked.  Utilities are here and already ran about 100 yards back from the road and in the middle of the land. Make this a fabulous weekend getaway or the place to build your dream home.
Unit Size
-
Days on Market
-
Land Size
5.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2003

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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: 2 years ago (NTREIS #20914255)

Price History

Date / Event Date Event Price
May 30, 2025 Sold
Premium
Sold
May 11, 2025 In contract -
In contract
Apr 24, 2025 Listed by RE/MAX Landmark Rose $195,000
Listed by RE/MAX Landmark Rose

Property Highlights

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • 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
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Lot Size Depth Feet: 8,250
  • Lot Size Frontage Feet: 2,640
  • Total Building Area: 1,512
  • Gross Building Area: 1,800
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLS ESTATE ADDITION
  • Land Acres: 0000005000
  • Standard Land Use Code: 1008
  • County Land Use Code: E1
  • Legal Description 1: ACRES: 5.000 BLK: 1 LOT: 9 ADDN: WILLS EST

Neighborhood

  • School District Name: Wills Point Independent School District
  • School Tax School District: WILLS POINT ISD
  • School Tax District Code 2: EM SRV DIST 4
  • Census Tract: 950400

Geography

  • Assessors Map Reference: MAP: 7B
  • Account Number: R000044419
  • Parcel: 086.5720.0001.0009.0000
  • Block: 1
  • Lot: 9
  • Municipality: WILLS POINT
  • Latitude: 32.6933
  • Longitude: -95.9728

    Address

  • Full Address: 1281 Vz County Road 3415
  • Address - House Number: 1281
  • Address - Street Name: Vz County Road 3415
  • State: TX
  • City Name: Wills Point
  • Carrier Code: R007
  • 4-Digit Zip Code: 7265
  • Zip Code: 75169

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $40,222

    Market Valuation

  • Market Total Value: $224,700
  • Market Land Value: $26,870
  • Market Improvement Value: $197,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $224,700
  • Assessed Land Value: $26,870
  • Assessed Improvements Value: $197,830

    Sales

  • Current Sale Contract Date: Apr 14, 2017
  • Current Sale Recording Date: Apr 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2017-003528
  • Previous Sale Recording Date: May 29, 1987
  • Previous Sale Contract Date: May 29, 1987
  • Previous Sale Document Type: 27
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 Van Zandt

Stats & Trends

Median Asking:

$335,000

Sale Price/ft²

$181

Below Asking

0.02%

Average Days on Market

84

Average Home Size

2153 ft²

Average Home Age

33 years

Currently For Sale

308 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: Elaine Fabbri, RE/MAX Landmark Rose
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20914255
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1281 Vz County Rd 3415 built and last sold?
The property at 1281 Vz County Rd 3415 was built in 2003 and last sold on Apr 14, 2017 for $53,800.
How much is this home worth?
The estimated value of the home located at 1281 Vz County Rd 3415 is $0.
What are some comparable homes to 1281 Vz County Rd 3415?
There are currently no comparable homes to 1281 Vz County Rd 3415.
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