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Kaufman 75142
1331 Brooks Lane
$625,000
● House - Off Market

1331 Brooks Lane

Kaufman, TX 75142
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,912 Ft²
$599,632
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Looking for a spacious and comfortable home to call your own? This 4 bedroom, 3  bathroom gem has everything you need and more. The inviting fireplace is perfect for snuggling around during the colder months, while the back patio lets you take in the fresh air year-round. Plus, what could be better than having a garage to store your car or toys? There are also plenty of extras, freshly painted interior and exterior, kitchen remodel, new flooring and roof. As a bonus there is a exterior building with dog kennels this building can be used for anything it has electric and water to the building,  Buyers agent and buyer to verify all information.
Unit Size
2,912 Ft²
Days on Market
-
Land Size
5.28 acres
Price per sqft
$204
Property Type
House
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: 3 years ago (NTREIS #20027817)

Price History

Date / Event Date Event Price
May 23, 2022 Sold
Premium
Sold
Apr 8, 2022 Listed by Texas Premier Realty North Cen $595,000
Listed by Texas Premier Realty North Cen

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • 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: 8
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,002
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 230,127
  • Total Building Area: 3,914
  • Gross Building Area: 4,206
  • Building Area: 4,206
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,912
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: MARY GILBREATH
  • Land Acres: 0000005283
  • Standard Land Use Code: 2000
  • County Land Use Code: A4
  • State Land Use Code: A4
  • Legal Description 1: MARY GILBREATH, 5.283 ACRES, & HOUSE MAILING ADDRESS ONLY

Neighborhood

  • School District Name: Kaufman Independent School District
  • Census Tract: 050701

Geography

  • Parcel: 181830
  • Municipality: KAUFMAN
  • Latitude: 32.6525
  • Longitude: -96.2969

    Address

  • Full Address: 1331 Brooks Ln
  • Address - House Number: 1331
  • Address - Street Name: Brooks
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Kaufman
  • Carrier Code: R010
  • 4-Digit Zip Code: 4007
  • Zip Code: 75142

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $215,588
  • Tax Rate Code Area: 1F CAD KC

    Market Valuation

  • Market Total Value: $465,391
  • Market Land Value: $78,497
  • Market Improvement Value: $386,894

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $443,782

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 23, 2022
  • Current Sale Recording Date: May 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20433
  • Previous Sale Recording Date: Apr 03, 2008
  • Previous Sale Contract Date: Mar 31, 2008
  • Previous Sale Amount: $162,500
  • Previous Sale Document Type: 70

    Financing

  • First Mortgage Financing Type: ADJ
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 Kaufman

Stats & Trends

Median Asking:

$305,000

Sale Price/ft²

$159

Above Asking

0.03%

Average Days on Market

79

Average Home Size

2237 ft²

Average Home Age

13.4 years

Currently For Sale

1528 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: Eric Keathly, Texas Premier Realty North Cen
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20027817
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1331 Brooks Lane built and last sold?
The property at 1331 Brooks Lane was built in 2003 and last sold on May 23, 2022 for $665,000.
How much is this home worth?
The estimated value of the home located at 1331 Brooks Lane is $600,950.
What are some comparable homes to 1331 Brooks Lane?
There are currently no comparable homes to 1331 Brooks Lane.
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